Tradecareer

  Choice of Business Organization Introduction When a person plans to set up a business an important decision has to be taken  regarding the choice of the form of organization. One has to measure all the advantages  & disadvantages of each type of organization and choose the one which suits him the  best. Being a long term commitment, the choice of the form of organization is very crucial as  the success or failure of business depends on choice or organization. Once a choice is  made, it will be difficult to switch over to another form. Therefore, the form of  organization should be chosen after proper thought and consideration.                                                                   Type of Business Organization 1.  Nature of Business activity This is an important factor...

  Ecological balance:  A state of dynamic equilibrium  A community of organisms  Genetic, Species and Ecosystem diversity remains stable  Subject to Gradual changes   Natural Succession  A state of dynamic equilibrium within a community of organisms in which Genetic, Species and  ecosystem diversity remains stable subject to gradual changes through natural succession.  Ecological balance ensures the stability of the organisms and environment. Human being plays a  key role to maintain ecological balance because they have the highest thinking capacity as  compared to other living organisms.  Sufficient food availability to all living organisms and their stability reflect the existence of  ecological balance. Therefore, this balance is very important because it ensures survival, existence  and stability of the environment.                                     ...

                              Organizational behaviour  Organization:  It is a group of people who are collected to work for a common goal with collective efforts. Organization works through9 two concepts i.e coordination and delegation among its group members. Delegation is necessary to allocate group members with equal work according to their capability, and coordination is required to achieve organizational goal with precision. → Behavior:  It is a verbal or physical response shown by a person as a consequence of the impact of his/her surroundings. Individual Behavior varies in accordance with their mental reactivity to particular circumstances because of their deeply imbibed morals and value system.                                                Organizational Behavior ...