FORMS OF

BUSINESS
ORGANISATIONS

Submitted To: Submitted By: -

Mrs. Meenakshi Kanchan
B.COM (R) 1 ST SEM
2803
 WHAT IS A BUSINESS
ORGANISATION?

The term "business organization" refers

to how a business is structured.
It refers to a commercial or industrial
enterprise and the people who constitute
it.
 TYPES OF BUSINESS
ORGANISATIONS
Sole Proprietorship
Joint Hindu Family Business
Partnership Firm
Joint Stock Company
1.) Private Limited
2.) Public Limited
Co-operative Society
 ESSENTIAL
CHARACTERISTICS OF
BUSINESS ENTERPRISES
Exchange of Goods & Services.
Dealing in Goods & Services.
Profit Motive.
Continuity of Transactions.
Risk and Uncertainty.
Social Responsibility.
 FORMS OF BUSINESS
ORGANISATION
Private Enterprises Public Enterprises Joint Sector
Enterprises
Departmental
Sole Proprietorship Organisation
Partnership Public
Joint Hindu Family Corporations
Business Government
Co-Operative Companies
Societies
 PRIVATE ENTERPRISES
Sole Proprietorship: In this form of
organisation a single individual
supplies the entire capital for
starting and running the business.
He takes all the profits & bears all
risks alone.
Partnership: A Partnership is an
association of two or more person
to carry on, as co-owner, a
business and to share its profits
and losses.
 PRIVATE ENTERPRISES
Joint Hindu Family Business: - This
form is prevalent only in India and
that too among Hindus as the nme
indicative. The Business of Joint
Hindu Family is controlled under
the Hindu Law.
Joint Stock Company: - A company
is an artificial an association of
many persons who contribute
money or moneys worth to a
common stock.
 CO-OPERATIVE SOCIETY

Co-operative
Societies are
voluntary started
with the aim of
service to
members. The aim
of societies is not
to increase profits
but service to
member is their
important goral.
The societies are
registered under
the Co-opreative
Societies Act, 1912.
PUBLIC ENTERPRISES

TYPES OF PUBLIC ENTERPRISES

Departmental Organisation

Public Corporations

Government
Companies
JOINT SECTOR ENTERPRISES
Joint Sector is a form of
partnership between the
private sector and the
Government where
management will Generally
be in the hands of private
sector and overseas
supervision will lie with the
Board of Directors.
FACTORS INFLUENCING THE CHOICE
OF SUITABLE FORM OF ORGANISATION

Capital Requirement
Liability
Continuity
Tax Liability
Government Regulations
Nature of Business Activities
Flexibility
Stability
Decision making Opportunities
Secrecy
 Conclusion
Virtual organization is often associated
with such terms as virtual office, virtual
teams, and virtual leadership.

The ultimate goal of the virtual

organization is to provide innovative,
high-quality products or services
instantaneously in response to customer
demands.
THANK YOU