DEFIN OF ORGANISATION
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Definition of organization
Organization refers to a collection of people, who are involved in pursuing defined objectives. It can be understood as a social system which comprises all formal human relationships. The organization encompasses division of work among employees and alignment of tasks towards the ultimate goal of the company. It can also be referred as the second most important managerial function, that coordinates the work of employees, procures resources and combines the two, in pursuance of company’s goals.
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- A group of individuals who are working towards a common goal is referred to as an organization.
- It's a social structure that encompasses all formal human interactions.
- Employees' work is divided among them, and duties are aligned with the company's overall aim.
- It's also known as the second most essential management role, since it coordinates employee work, obtains resources, and integrates the two in order to achieve the company's objectives.
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