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Business Management Units 3/4 Chapter 1 Organisation An organic law is a formal or structured arrangement comprised of two or more people functional to grasp a crabby proposition manipulation or set of goals. Organisations can get hold things that could not be achieved by individuals. By being viscid as a throng people argon fit to achieve a ordinary purpose or goal. This highlights the importance of the team approach, where it is said that in concert Everyone Achieves More (TEAM). Large scale Organisation The in general veritable criteria for classifying an organisation as epic are: Employee dwelling domicilemore than 200 employees (Australian berth of Statistics definition). innate assetsown square(p) assets. Total revenue solid perfect(a) income or earnings. shekelssubstantial gross dinero or net profits after(prenominal) tax. Features of an LSO An LSO has strategic goals and objectives, strategic planning, adjudge rules, procedures and policies and an organisational structure. Organisational Objectives and Strategies All organisations moldiness stick out aims or objectives, and then fit strategies or actions to achieve these aims. Organisations, no matter what their size or ownership, must do this to succeed. 1.A thrill statement expresses the boilers suit purpose or reason for an organisations existence. 2.

Corporate objectives or goals attain the strategic objectives required by the organisation as a whole to r to each one its overall purpose. 3.Department objectives or goals are the tactical or medium-term (one to two years) objectives undeniable to achieve the proper(postnominal) targets set for a department of division. 4.Operational objectives are the future(a) aim of objectives established. 5.Individual department members goals/objectives and tasks performed. Chapter 2 Stakeholders At each level of the environment of a business, there are stakeholders or pressures that change directly on the organisation. A stakeholder can all affect or be affected by the trading operations of...If you involve to get a full essay, order it on our website: Ordercustompaper.com

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