An Introduction to Organisations

In this week, from Vishal's lecture and Alison's seminar class, I have learned lot of knowledge about the organisations.

Organisations have existed for thousands of years. We live in the world depend on these organisations.

First of all, I learned the definition of an organisations:

Organisation are "social arrangements for the controlled performance of collective goals"

Vishal said definition is just an example of knowledge, we can not only remember the definition. In the UK , we need develop our skills of analysis and evaluation.

Organisations have greatly facilitated people's lives. 

The supermarkets provide food and other essential products. The schools give us knowledge. The charity help the poor people or animals and plants endangered. Banks they make sure our money is secure, they provide us with loans to buy a house, expand a business.

Common Features of organisations

•People - one, a few or many spread across different countries, continents, time zones (stakeholders).

•Objectives - things they are aiming to achieve something.

•Structure - ways of organizing work and people so that their efforts are directed towards achieving the objectives.

•Management- a team of people are needed to direct, control and co-ordinate the resources so that the output is greater than the input.

•Culture – a way of doing things.

There are many kind of organisation forms in our societies.

1.sole trader

2.partnership

3.private limited company

A company that does not have share capital, but is guaranteed by its members who agree to pay a fixed amount in the event of the company's liquidation. Charitable organisations often incorporate using this form of limited liability.

4.public limited company

Public limited companies can be publicly traded on a stock exchange

5.Franchise

6.charity