Meaning, Objectives & Types

Organizations

are groups of people who work independently towards some purpose. they are people who work together to achieve a set of goals.

 Often

an individual or a group of people who believe that they posses the necessary skills and knowledge, from an organization to produce goods and services. As WIPRO, RESTURENT AND STUDIOS AND VACATION RESORT, POLITICAL PARTY

 Life

is unlivable without organizations. this is a broad statement about the usefulness of organizations in any society. main objectives are: To increase specialization and the division of labour To use large scale technology To manage external environment To economize the transaction cost( transaction costs are negotiating, monitoring, and governing exchanges between people) To exert power and control

 Behaviour Structure Process

 Behaviour:

includes how individuals respond to situations exposed to them. The study of perception, job satisfaction, motivation, and learning are all concerned with the behaviour of individuals. Structure: formal relationships of the organisation. such as how jobs are assigned to various departments, who reports to whom, and how departments are arranged

 Process

: refers to the interaction among the members of the organisation. Communication, leadership and power are examples of this.

 Based
Small

on size:

Medium Large Giant Evolution: Formal

Informal

 Ownership:
Public Private Mixed Legal Sole Proprietor

forms:

Partnership

etc.

 Area
Local

of operations:

Regional National International

 Mutual

benefit associations: which come up voluntarily for mutual benefit. As Political parties, trade unions, professional associations etc. Business organisations: the owners or the proprietors are the prime beneficiaries. As Mc Donald, ITC etc.

 Service

organisations: the prime beneficiaries are the clients. As schools, universities, hospitals social welfare agencies etc. Commonwealth organisations: the public is their beneficiary. As post offices, army, police department, fire fighting department etc.