The structure of business

Abstract

By the end of this chapter you should be able to explain:

• the difference in internal organisation and structure between a small and a large firm

• the purpose of an organisation chart

• the role and structure of a board of directors

• the purpose of an AGM (annual general meeting)

• the difference between a centralised office services system and a departmental one

• the functions and importance of the main areas of business organization — personnel, production, marketing and finance.