Thursday, February 27, 2014

Advisory meeting #2

EQ : what factor most contributes to the effective management of a small corporation?

Answer 2: organization with your company, employees, and clientele allows for more effective management

1: the company's inventory
Ex. Having all the supplies you need to do a job, or Having enough potato chip bags in the market for consumer.

2: having your company in different departments
Ex. A corporation has a board of directors, marketing, retail stores, finance, human recourses, etc.


3: billing information and accounts
Ex. A company makes accounts for clientele, so they can make transactions faster, and send invoices to the individuals


Source:
 Bowett, Richard. "Organisation - How Businesses Organise Themselves." Business 

Organisation. N.p., n.d. Web. 27 Feb. 2014.

Conclusion: making sue your company is organized allows for smoother management and future success in the company. 

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