Organization

Definition: an Organization is an entity comprising one or more people that has at least one particular purpose". An organization is usually made up of various sub-organizations like business units and departments with specialized tasks.
Organizations can differ a lot among each other. But they have 6 things in common:
- PURPOSE
- PEOPLE
- STRUCTURE
- ASSETS
- CONTINUITY
- COORDINATION AND DIVISION OF TASKS

More on organizations.
More on organization types: Contingency Theory, Functional Organization, Hierarchical Organization, Non-governmental Organization, Nonprofit Organization, more...

MBA Brief offers brief, yet very accurate definitions of MBA concepts, frameworks, methods and models. We keep it short and provide some links in case you'd like to learn more around a subject.