Common Misconceptions With Multi Entity

Management Concepts & Organisational Behaviour Unit – I …

conversion of inputs into outputs is common to all organizations and is shown in figure 1.1 Figure 1.1: INPUT – OUTPUT MODEL Depending on the nature of business or activity that a firm is engaged in, the output of the firm may be a physical product or service. Since a business organization is an economic entity, the justification for

  Entity, Common