Archive | Organisation

Factors to Consider Before Selecting a Form of Business Organisation

The following points are taken into consideration while selecting a form of business organisation: 1. Easy in Formation 2. Easy in Raising Finance 3. Extent of Liability 4. Flexibility of Operation 5. Stability and Continuity 6. Secrecy 7. Government Regulations 8. Tax Liability 9. Decision-Making Opportunities. Factor # 1. Easy in Formation: The primary consideration […]

5 Main Forms of Co-Operative Societies

This article throws light upon the five main forms of co-operative societies. The forms are: 1. Co-Operative Societies 2. Consumer’s Co-operative Societies 3. Co-Operative Marketing Societies 4. Industrial Co-Operatives 5. Co-Operative Farming Societies. Form # 1. Co-Operative Credit Societies: The societies are voluntary associations of people with moderate means, formed with the objective of providing […]

Organisational Development (O.D): Meaning, Objectives and Steps

After reading this article you will learn about:- 1. Meaning of Organizational Development (O.D) 2. Objectives of Organisational Development 3. Characteristics 4. Steps. Meaning of Organisational Development (O.D): Organisational (or organization) Development or simply O.D. is a technique of planned change. It seeks to change beliefs, attitudes, values and structures-in fact the entire culture of […]

Top 10 Features of Co-Operative Organisation

The characteristic features of co-operative form of organisation are as follows: 1. Voluntary Association 2. Democratic Set-Up 3. Service Motive 4. No Exploitation 5. Concept of Equality 6. Each for Every One 7. Spirit of Self-Help 8. Wider-Interests of Community Looked after 9. No Place for Middlemen 10. Disposal of Surplus. Feature # 1. Voluntary […]

Organisation’s Strategy and Its Design

After reading this article you will learn about the relationship between an organisation’s strategy and its design. Another current approach to organisational design is through the relationship between organisation strategy and organisational design. In the early 1960s, Alfred D. Chandler reached the conclusion that an organisation’s strategy tends to influence its structure. However, the impact […]

Differences between Line and Staff in an Organisation

This article will help you to differentiate between line and staff in an organisation. Difference # 1. Purpose: Perhaps the most important (and obvious) difference between line and staff is purpose : line’s purpose is to work directly toward organisational goals, whereas staff advises and assists. But there are other differences also. Difference # 2. […]

Organizational Change: Nature, Process and Types | Management

After reading this article you will learn about:- 1. The Nature of Organisational Change 2. Planned versus Reactive Organisational Changes 3. Managing Change 4. Reactions 5. Process 6. Resistance 7. Overcoming Resistance 8. Types 9. Organisational Decline and Termination. Contents: The Nature of Organisational Change Planned versus Reactive Organisational Changes Managing Organisational Change Reactions to […]

Unlimited and Limited Liability of an Organisation

After reading this article you will learn about unlimited and limited liability of an organisation. Unlimited Liability: In this system, there is no maximum limit of capital which can be collected from debtors in the case of failure of business. The creditors may collect money even from the personal property of the owner. Because of […]

Formal Organisation: Meaning, Features and Limitations

After reading this article you will learn about:- 1. Meaning of Formal Organisation 2. Features of Formal Organisation 3. Merits 4. Limitations. Meaning of Formal Organisation: Formal organisation is a well-defined structure of authority and responsibility that defines delegation of authority and relationships amongst the organisational members. It works along pre-defined set of policies, plans, […]

Top 3 Theories of Formal Organisation

This article throws light upon the top three theories of formal organisation. The theories are: 1. Classical Theory 2. Human and Participative Theories 3. Contingency Theory. 1. Classical Theory: It focuses on structure, design and features like specialisation, scalar chain, departmentation, span of control, centralisation/decentralisation etc. The structure is created and people are appointed to […]