Use of IT within Commercial Organization

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Objectives of different business organisations

Types of business:

Business or also called firm or enterprise, from the ancient times was known all around the world as the thing of making a profit that would increase a wealth of its owners and grow business itself. At the end of twentieth century business became current civilization phenomena. Nowadays business people CANNOT IMAGINE their firms without it.

There are two main types of business: business inside the country and international which are separated into private and public services. The type of business and in which services it should be added to depends from the person holding the business. Some people seek for money and POWER; some could do business because of revenge or competition to other business or the person holding the business. Some are trying to help other, for example: help to poor people or people needing financial help and there is business which serves to countries government which serves to both country and the public.

The main types of business:

Private sector:

The private sector is often privately owned or created by group of people to earn money that will increase prosperity of its owners and grow the business.

The private sector can also ask help from the government to support them in financial or any similar help.  The main objective of the owner of a business is a financial return in exchange for effort and recognition of risk.

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Public sector:

The public sector is a piece of the country that deals with the delivery of materials and services by the government, either national or limited.

The main objective of the public business sector is to raise financial effort of the government and help the county.

Objectives that the business trying to achieve in order to gain its funds:

Survival:

Survival is mostly used in newly started business which main goal is to survive the first period which is mostly is real pain in the neck, however it could be short term aim where spesific ...

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