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A business organization may refer to Company; Trade association; Employer's organization This page was last edited on 18 January 2021, at 19:49 (UTC). Text is ...
Requisite organization : a total system for effective managerial organization and managerial leadership for the 21st century. Arlington, VA: Cason Hall. ISBN 978-1-886436-04-6. OCLC 36162684. Vrekhem, Fabiaan (2015). The disruptive competence : the journey to a sustainable business, from matter to meaning. Kalmthout: Compact Publishing.
In flat organizations, the number of people directly supervised by each manager is large, and the number of people in the chain of command above each person is small. [2] A manager in a flat organization possesses more responsibility than a manager in a tall organization because there is a greater number of individuals immediately below them who are dependent on direction, help, and support.
A corporate group is composed of companies. The general rule is that a company is a separate legal entity from its shareholders, that is the shareholder's liability for the subsidiary's debts is limited to the value of the shares, [4] and the shareholders cannot be required to perform the company's obligations.
Because a division is an internal segment of a company, not an entirely separate entity, business owners create and end divisions at their whim. Also, because individuals in each division are employed by the same company, it's easier to modify staffing to fit with this setup". [7]
A good organization structure is essential for expanding a business activities. Organization structure determines the input resources needed for expansion of a business activity; similarly organization is essential for product diversification such as establishing a new product line. it also stimulates creativity in managers by organizing.
Requisite organization is a system designed to get work done with effectiveness in producing valued goods and services to satisfy public needs and at the same time achieving the positive bottom line for the business by means of specialization of functions within vertical stratified and hierarchical organization that is referred to by Jaques as ...
Organizations have complex structures in that they are dynamic networks of interactions, and their relationships are not aggregations of the individual static entities. They are adaptive; in that, the individual and collective behavior mutate and self-organize corresponding to a change-initiating micro-event or collection of events. [7] [8]