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Departmentation
Departmentation, also known as departmentalization, is the process of grouping activities, functions, or processes within an organization into distinct units called departments. It is a fun…
Departmentation, also known as departmentalization, is the process of grouping activities, functions, or processes within an organization into distinct units called departments. It is a fun…
Type of Organisation Advantages Sole Proprietorship - Easy and inexpensive to set up and dissolve. - Direct contr…
1. Sole Proprietorship: - Owned and operated by a single individual. - The simplest form of business structure. - The owner has complete control over the business. - The owner recei…
1. Types of Organizations According to Ownership a. Sole Proprietorship : A business owned and operated by a single individual. The owner bears all the risks and enjoys all the profits. L…
Advantages of an Organization 1. Structure and Order: An organization provides structure and order, allowing for the division of work, clear roles and responsibilities, and a defined chain …
An organization chart, also known as an organizational chart or org chart, is a visual representation that illustrates the hierarchical structure and relationships within an organization. I…
Characteristics of an organization include: 1. Purpose and Goals: An organization has a defined purpose or mission that outlines its reason for existence. It also establishes specific g…
Key elements of an organization include: 1. Goals and Objectives: Organizations have specific goals and objectives that guide their activities and define what they aim to achieve. …
An organization is a structured entity composed of individuals or groups working together to achieve common goals. It can be a formal entity such as a corporation, government agency, or n…
Key Point Management Administration Focus and Scope Management primarily focuses on implementing strategies, planning, organizing resou…