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Organizing the Enterprise

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Organizing the Enterprise
ORGANIZING THE ENTERPRISE
Why do you go to business?
Reasons:
1. Personal Satisfaction – they enjoy challenges and risk-taking ventures. Their business success gives them a sense of fulfillment. 2. Family involvement- they feel it is their responsibility to continue the business of their parents, especially if it is profitable. 3. Independence and power- they want to be the boss. 4. Social Activities- there are people who are really born socializers. 5. Profit experience- some individuals are gently motivated by profit or the chance to amass wealth.
Checklist for going to business
Here is a test on your probable success in starting your business: 1. About YOU 2. About CAPITAL 3. About a PARTNER 4. About your CUSTOMERS 5. About your QUALITIES
What is an Organization? An organization is a group of two or more persons who work together to attain a common set of goals.
Ex:
* Sari-sari Store, store owned and managed by a family is an organization. * San Miguel Corporation * Credit Cooperative Organizing * Is a process of combining and coordinating resources and activities in order to accomplish efficiently and effectively certain objectives. * This is the proper development of human resources. * The best resources of the organization are its employees. The Inscription on the tombstone of Andrew Camegie: Here lies a man Who knew how to enlist In his service Better men than himself Organizational Structure Ex:

Choosing the Form of Business Organization Ex: the Apple Corporation In 1976, two young engineers worked together on an idea for a small computer for personal use. Steven Jobs, then 21, and Stephen Wozniah, then 26, spent 6 months designing a model and 40 hours building it. Their idea became a reality. Soon they had an order for 50 of their personal computers. JOD AND WOZNIAH BECAME THE WORKERS FIRST. Forms of

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