"Business Organisation" by Lawrence Robert Dicksee, published in 1910, delves into the intricate nature and constitution of business entities
 |
| "Business Organisation" by Lawrence Robert Dicksee |
The book begins by exploring the different forms of business houses, including partnerships, borrowed capital, limited companies, public and private companies, co-operative societies, and secret organizations. Dicksee provides a comprehensive analysis of the financing of a new business, emphasizing the importance of capital structure and investment decisions.
The author then delves into the organization of control and responsibility within a business, highlighting the need for clear hierarchies and accountability mechanisms.
He discusses the remuneration of employees and workmen, shedding light on the various factors that influence compensation packages and wage structures. Dicksee also explores the concept of the "Intelligence Department" within a business, emphasizing the role of data analysis and market research in decision-making processes.
The book further delves into stock exchange practices, the organization of credit, instruments of credit, foreign exchanges, and the management of payments within a business. Dicksee provides insights into the functioning of the credit department, handling insolvent debtors' accounts, and the principles of co-operation and profit-sharing among employees. He also discusses the organization of fluctuating and temporary finances, highlighting the importance of financial planning and risk management in business operations.
Overall, "Business Organisation" offers a detailed and insightful examination of the various aspects of running a successful business. Dicksee's expertise in financial management and organizational theory shines through in this comprehensive guide, making it a valuable resource for business professionals and students alike.
Hosted on Google drive
