Business Organization Quiz
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Questions and Answers

What is the meaning of business organisation?

  • Ensuring equal distribution of profits among members
  • Coordinating work among members to achieve business objectives (correct)
  • Creating a competitive environment within a business
  • Managing individual tasks in a business
  • What is a feature of informal organisation?

  • It follows a predefined structure
  • It is based on official authority
  • It is based on personal relationships (correct)
  • It is documented in company policies
  • What are the advantages of formal organisation?

  • Clear authority and responsibility (correct)
  • Flexibility in operations
  • Enhanced communication
  • Quick adaptation to change
  • What are the requisites of an efficient business organisation?

    <p>Effective communication channels</p> Signup and view all the answers

    What does organisation establish among people in an enterprise?

    <p>Relationships</p> Signup and view all the answers

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