What is a business organization?

[King Belieal]

People alway tend to use the term "business organization" kinda loosely. Let's face the basics. Is every venture that offers sales of products and services a business organisation? What really is a business organization? What characteristics define it?

 

[eLdavis]

A business organization is often any structured entity or group where the people that makes it up have a common goal or purpose which is to make profit.

 

[Suba]

Business organization is a group of two or more people doing activities to achieve business goals, on a larger scale of business organizations there is an organizational structure. So the character of a business organization must consist of at least two people. such as shop owners and employees working together to sell merchandise. For a larger scale, an organizational structure can be created, business owners, purchasing divisions, sales divisions, etc.

 

[Fidelia]

A business is any commercial venture that sells value and the ultimate goal is to make profits. It is that profit aim that makes it a business.

 

[Augusta]

Business organization is a structured entity that operates to achieve a common goal, typically profit, through the production or provision of goods or services

 

[Min George]

Business is anything at all that offers value in on exchange for money. It mustn't be an organization.