PRINCIPLES OF MANAGEMENT
III DEFINE ORGANIZATION; DISCUSS THE CHARACTERISTICS, IMPORTANCE AND ITS SIGNIFICANCE. INTRODUCTION:
The word is derived from the Greek word ORGANON, itself derived from the better-known word ERGON which means "organ" – a compartment for a particular task. ORGANIZATION is the foundation upon which the whole structure of management is built. It is related with developing a frame work where the total work is divided into manageable components in order to facilitate the achievement of objectives or goals. Thus, organization is the structure or mechanism that enables living things to work together. In a static sense, an organisation is a structure or machinery manned by group of individuals who are working together towards a common goal. Alike ‘management’, the term ‘organization’ has also been used in a number of ways. The term ORGANIZATION is used in four different senses: as a process, as a structure of relationship, as a group of persons and as a system. DEFINITION:
According to KEITH DAVIS: It may be defined as a group of individuals, large of small, that is cooperating under the directions of executive leadership in accomplishment of certain common object. According to Louis A. Allen: Organization is the process of identifying and grouping the work to be performed, defining and delegating responsibility and authority, and establishing relationship for the purpose of enabling people to work most effectively together in accomplishing objectives.
CHARACTERISTICS OF ORGANIZATION:
The main characteristics or Features of organisation are as follows:
Outlining the Objectives: Born with the enterprise are its long life objectives of profitable manufacturing and selling its products. Other objectives must be established by the administration from time to time to aid and support this main objective.
Identifying and Enumerating the Activities: After the objective is selected, the management has to identify total task involved and...
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