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11 Business Organisation

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The Project Business Organisation Definition is 41 pages B4 version and now available for download that consists of a main Project and Business Organisation definitions. You can purchase this beta version of document and make any comments, opinions, recommendations, or new definitions, please send them to ThePD (theprojectdefinition@gmail.com), you will have the following updated version of the Project Definitions file for free of charge.

Description

Business Organisation is an entity formed for the purpose of carrying on commercial enterprise that describes how businesses are structured and how to produce goods or services and meet needs of the customers. The Business Organisation aims to focus on either generating profit (for profit organisation) or improving society (not for profit). There are 3 main types of business organisation: Individual Proprietorships (owned and run by one person), Partnership (owned and run by two or more individuals – general or limited), Corporation or Limited Liability Company (LLC) (owners’ liability is distributed to the shareholders as dividends).

The Project Definitions have been defining and developing in terms of the agreed project language by ThePD (The Project Definition) as for the Preferred Project Definitions. The Project Definition is a clearly and concisely defined statement of the exact meaning of words, phrases, sentences, or descriptions of the subject in the project business. The Project Definition is an essential requirement and a critical success factor for the project execution to communicate accurately with the same understanding of the meaning or terminology. The Project Definitions and related information is included in the website (www.theprojectdefinition.com) and published daily basis to the subscribers. Users who want to keep own file, can purchase the Project Definition as a beta version (B4) today with a big bargain.