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).
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1
Q

What are the three main types of large-scale organisations?

A
  • Corporations (or companies)
  • Government departments
  • Charities and foundations
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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.
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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.
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4
Q

Within large organisations, management takes responsibility for different specialised areas of activity. These include…

A
  • Operations
  • HR
  • Finance
  • Marketing
  • R&D
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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)
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6
Q

Define ‘economies of scale’.

A
  • Refers to lower cost per unit of output as a result of operating on a larger scale.
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7
Q

List ways that large organisations benefit society…

A
  • Provide employment
  • Develop Australia’s industrial base
  • Stimulate infrastructure growth
  • Earn export income
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8
Q

The external environment consists of…

A
  • The operating (or task) environment

- The macro (or broad) environment.

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