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Question
Define the term ‘organisation’.
Definition
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Solution
An organization is a group of people who come together to achieve common objectives or goals through coordinated efforts. It can be formal or informal, and its structure depends on the purpose it serves, such as a business, a non-profit, or a government agency. Organizations are typically structured to ensure that tasks are divided and coordinated, with a clear hierarchy of roles and responsibilities to achieve efficiency in pursuing their goals. Examples include businesses, schools, clubs, or social service groups.
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Chapter 1: Introduction to Commercial Organisations - EXERCISES [Page 20]
