Glossary Term: Organization

Definition

An organization is a body of people with a particular purpose, especially a business, society, association or non-profit entity.

What are the 3 types of organization?

There are three forms of organizations that describe the structures that most companies use today. They are functional, departmental and matrix. Each of these forms has advantages and disadvantages that owners must consider before deciding which one to implement for their business.

What are the characteristics of an organization?

Characteristics of an organization often include the specialization and division of work, orientation towards goals, the composition of individuals and groups, continuity and flexibility.

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