Organisation - Overview
An organisation is a social arrangement aimed at achieving collective goals through coordinated efforts. Its primary purpose is to go beyond the capacity and capabilities of a single individual.
BT syllabus
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Organisation - Overview
An organisation is a social arrangement aimed at achieving collective goals through coordinated efforts. Its primary purpose is to go beyond the capacity and capabilities of a single individual.
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Organisation - Common Features
Common features of organisations include stakeholders, assets, operating environment, and managed activities. They can differ in size, ownership, funding, activities, organisational structure, strategy, and culture.
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Organisation - Common Features
Common features of organisations include stakeholders, assets, operating environment, and managed activities. They can differ in size, ownership, funding, activities, organisational structure, strategy, and culture.
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Organisations - Output
Organisations produce various goods and services, catering to a variety of markets. They may be classified into sectors based on their output or market.
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Organisations - Output
Organisations produce various goods and services, catering to a variety of markets. They may be classified into sectors based on their output or market.
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Organisations - Goal
A commercial organisation seeks to increase owners' wealth.
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A Sole Trader
A sole trader is an individual who operates a business, and legally, the business and the individual are the same entity.
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A Sole Trader
A sole trader is an individual who operates a business, and legally, the business and the individual are the same entity.
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A Partnership
A partnership is a group of individuals who jointly own a business, governed by a partnership agreement.
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A Partnership
A partnership is a group of individuals who jointly own a business, governed by a partnership agreement.
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A Company
Owners of a company have limited liability, meaning their liability for the company's debts is limited to their investment.
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A Company
Owners of a company have limited liability, meaning their liability for the company's debts is limited to their investment.
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NFPOs
The primary objective that sets a not-for-profit organisation (NFPO) apart from a commercial organisation is its focus on purposes other than profit. NFPOs are evaluated based on value-for-money, considering economy, efficiency, and effectiveness (3Es).
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NFPOs
The primary objective that sets a not-for-profit organisation (NFPO) apart from a commercial organisation is its focus on purposes other than profit. NFPOs are evaluated based on value-for-money, considering economy, efficiency, and effectiveness (3Es).
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Public Sector
The public sector comprises NFPOs that provide government services and are owned and operated by the government.
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Public Sector
The public sector comprises NFPOs that provide government services and are owned and operated by the government.
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Co-operatives
A cooperative is jointly owned and democratically controlled by its members, serving their particular needs.
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Co-operatives
A cooperative is jointly owned and democratically controlled by its members, serving their particular needs.
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