meaning of business organisation

                                           “The business is coming to realise that,
                                   education is to business what fertiliser is to farming”

MEANING OF BUSINESS ORGANISATION:
Literally speaking, business means “ State of being busy”
throughout. In economic sense, the word business means work
efforts and acts of people which are connected with the production
of wealth. Functionally, “ those human activities which involve
production or purchase of goods with the object of selling them at

a profit.” are called business.
The term business organisation is very often used in different
senses. Firstly it is used to represent a business enterprise such as
Tata Iron & Steel. “ Secondly business organisation is a subject of
study consisting of topics concerned with organisation and

management of industrial and commercial organisation. Thirdly,he
 term ‘Organisation’ is used to mean bringing together various
elements of business with the object of establishing harmonious
elationship and adjustment in their functioning.