Exam - Unit 3 And 4

Question 1

Define large scale organisation

Answer 1

Employs 200 or more people
Earns revenue in millions
Assists of $200 million

Question 2

Define vision statement

Answer 2

States what the organisation aspires to become

Question 3

Define mission statement

Answer 3

Why an organisation exists, its purpose and how it will operate

Question 4

Define outsourcing

Answer 4

Contractions of some organisational operations to outside suppliers

Question 5

What does the internal environment hold

Answer 5

Management, employees,policies and processes

Question 6

What does the operating environment hold

Answer 6

Customers
Suppliers and creditors
Competitors
Lobby groups