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Business Organization

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Presentation on theme: "Business Organization"— Presentation transcript:

1 Business Organization
CHAPTER 5 4/12/2019 5 Business Organization 5-1 Business in the U.S. Economy 5-2 Forms of Business Ownership 5-3 Organizational Structure for Businesses ITB

2 LESSON 5-1 Business in the U.S. Economy
Goals Describe the changing status of U.S. employment. Discuss the role of business in the U.S. economy. Describe three major types of businesses. Chapter 5

3 Key Terms contingent worker producer intermediary service business
Chapter 5

4 THE CHANGING U.S. JOB MARKET
Employment data Pressures on employees Chapter 5

5 >> C H E C K P O I N T List several groups that will increase as a percentage of the total U.S. workforce in the next decade. Chapter 5

6 BUSINESS AND THE ECONOMY
Size of businesses Roles of business Impact on a community Chapter 5

7 NUMBER OF EMPLOYEES IN U.S. BUSINESSES
Chapter 5

8 BUSINESS ACTIVITIES Generating ideas Raising capital
Employing and training personnel Buying goods and services Marketing goods and services Maintaining business records Chapter 5

9 >> C H E C K P O I N T What are the six basic activities completed by all businesses? Chapter 5

10 TYPES OF BUSINESSES Producers Intermediaries Service businesses
Chapter 5

11 >> C H E C K P O I N T How does a manufacturer differ from an extractor? Chapter 5

12 LESSON 5-2 Forms of Business Ownership
Goals Understand the three major forms of business ownership. Determine when each form of business ownership is most appropriate. Recognize other specialized business ownership forms. Chapter 5

13 Key Terms proprietorship partnership corporation partnership agreement
articles of incorporation franchise Chapter 5

14 BUSINESS OWNERSHIP Proprietorship Partnership Corporation Chapter 5

15 FORMS OF OWNERSHIP Chapter 5

16 >> C H E C K P O I N T What are the differences between the three main forms of business ownership? Chapter 5

17 CHOOSING A FORM OF BUSINESS OWNERSHIP
Choosing a proprietorship Choosing a partnership Choosing a corporation Chapter 5

18 >> C H E C K P O I N T Which form of business ownership is the most complex and difficult to form? Chapter 5

19 OTHER FORMS OF OWNERSHIP
Specialized partnerships and corporations Cooperatives and franchises Chapter 5

20 >> C H E C K P O I N T What are the other specialized forms of business ownership? Chapter 5

21 LESSON 5-3 Organizational Structure for Businesses
Goals Understand important principles in designing an effective organization. Compare alternative organizational structures for businesses. Chapter 5

22 Key Terms mission statement goal policies procedures
organization chart Chapter 5

23 DESIGNING AN EFFECTIVE BUSINESS ORGANIZATION
Setting direction Principles of effective organization Responsibility, authority, and accountability Unity of command Span of control Chapter 5

24 >> C H E C K P O I N T What is the difference between a mission statement and a goal? Chapter 5

25 TYPES OF ORGANIZATIONAL STRUCTURES
Functional organization structure Matrix organizational structure Chapter 5

26 BUSINESS ORGANIZATION CHART
Chapter 5

27 >> C H E C K P O I N T What problems can result from the use of a functional organizational structure? Chapter 5


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