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Entrepreneur Department
📄 Pages: 65 🧠 Words: 6178 📚 Chapters: 5 🗂️️ For: PROJECT
👁️🗨️️️ Views: 233
A business organization is an individual or group of people that collaborate to achieve certain commercial goals. Some business organizations are formed to earn income for owners. Other business organizations, called nonprofits, are formed for public purposes. These businesses often raise money and utilize other resources to provide or support public programs.
Organization is a broader term, as it includes businesses and other groups of people not organized for commercial purposes. Clubs and sports teams are examples of non-business organizations. Organizations have a specific structure and hierarchy. People and systems create a culture within the organization and guide its operation. Different organizations have different policies, work flows and objectives.
Management is universal in the modern world. Every organization requires the making of decision, the coordination of activities, deciding in advance when, why how and who does what, setting of standards, measuring performance against standard and reviewing the standards. Numerous managerial activities have their own particular approach to specific types of problems which fall under headings such as production and operation management human resources management, management of health delivery system and others.
The essence of this project cannot be over emphasized because it will help Small Medium Scale Entities understand how effective management is the yardstick and bedrock of every organization, thereby, enhances the achievement of organizational objectives. Furthermore, it will guide and give a sense of direction to the entire organization in the area of channeling resources and enhancing productivity and also giving status to the organization.
1.7 Scope of the study
This research work is on business organization and managerial efficiency on small scale enterprises of eatery centers (tantalizer) in Rivers state, using tantalizer as a case study. The study could not cover other eatery centers due to representative nature of tantalizer and proximity to the researcher.
1.8 Limitations of the study
The study was carried out to investigate the impact of business organization and managerial efficiency on small scale enterprises. The study is limited to eatery centres (tantalizer) in Rivers state, in Port Harcourt Local Government Area to be precise
1.9 Definition of terms
Business: This is a person's regular occupation, profession, or trade.
Organization: This is an organized group of people with a particular purpose, such as a business or government department.
Management: This is the process of dealing with or controlling things or people.
Efficiency: This is the state or quality of being efficient.
Small Scale Enterprise: This is a business that employs a small number of workers and does not have a high volume of sales. Such enterprises are generally privately owned and operated sole proprietorships, corporations or partnerships.
Business Organization: This is an individual or group of people that collaborate to achieve certain commercial goals. Some business organizations are formed to earn income for owners. Other business organizations, called nonprofits, are formed for public purposes.
Managerial Efficiency: This is the process of dealing with or controlling things or people in such a way as to achieve efficiency.
Rivers State: This is a state in southern Nigeria in the eastern part of the Niger Delta
📄 Pages: 65 🧠 Words: 6178 📚 Chapters: 5 🗂️️ For: PROJECT
👁️🗨️️️ Views: 233
