AHS107 Lecture Notes - Making Money
What is an organization
An Organization is an arrangement of people and resources working in a planned manner toward
specific strategic goal.
What is an organization cont.…?
Organization come in all shapes and sizes. Think about organizations in your own community and the
surrounding area. You can probably think of large corporations that employ many people and small
business operated by one or two individuals. There are also non-profit government organizations such
as school
The purpose of an Organization
ALL organization exists to provide goods or services to society. When the organization is a business, it
doer the service for purpose of earning a profit or making money. Every organization has a mission or
purpose. Most Organizations describe this purpose in a written mission statement pt
Mission Statement:
The customers/clients the organization services
The products/services the organization provide
The underlying philosophy or values of organization
Organization Theory
Max Weber, a German sociologist (1864-1920), described organizations as bureaucracies. According to
Weber, the ideal organization is a hierarchy with strong lines of authority and control. He believed that
an organization is more efficient when each person within the organization works on specialized tasks.
This is calls division of labour
Since the beginning of the 20th century, theories and practices regarding organizations evolve
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Document Summary
An organization is an arrangement of people and resources working in a planned manner toward specific strategic goal. Think about organizations in your own community and the surrounding area. You can probably think of large corporations that employ many people and small business operated by one or two individuals. There are also non-profit government organizations such as school. All organization exists to provide goods or services to society. When the organization is a business, it doer the service for purpose of earning a profit or making money. Most organizations describe this purpose in a written mission statement pt. Max weber, a german sociologist (1864-1920), described organizations as bureaucracies. Weber, the ideal organization is a hierarchy with strong lines of authority and control. He believed that an organization is more efficient when each person within the organization works on specialized tasks.