Large-scale Organisation In Context Flashcards
0
Q
The objectives and strategies of corporations (or companies) are?
A
- Corporations aim to make a profit or add to their net assets
- Through the manufacture of goods, trading of goods, or the provision of services
- Corporations may be private (owned be up to 50 shareholders) or public (owned by more than 50 shareholders).
1
Q
What are the three main types of large-scale organisations?
A
- Corporations (or companies)
- Government departments
- Charities and foundations
2
Q
The objectives and strategies of government departments are?
A
- Aim to provide a high level of performance within a specified field
- Operate within a scope of activity limited by law and according to a periodic, predetermined budget and the implementation of the social and political objectives of the particular government
- Exist at a local, state and federal level in Australia.
3
Q
The objectives and strategies of Charities and foundations are?
A
- NGO’s aim to provide goods, services or funds for the alleviation of specific social problems or for the broader benefit of the community
- Often seek to promote public profile to raise funds for their work.
4
Q
Within large organisations, management takes responsibility for different specialised areas of activity. These include…
A
- Operations
- HR
- Finance
- Marketing
- R&D
5
Q
What is a large-organisation?
The size of an organisation may be defined by…
A
- The number of employees
- Revenue (gross income)
- Total assets (what an organisation owns)
6
Q
Define ‘economies of scale’.
A
- Refers to lower cost per unit of output as a result of operating on a larger scale.
7
Q
List ways that large organisations benefit society…
A
- Provide employment
- Develop Australia’s industrial base
- Stimulate infrastructure growth
- Earn export income
8
Q
The external environment consists of…
A
- The operating (or task) environment
- The macro (or broad) environment.