Business Organisations and their Stakeholders 1 Flashcards
(18 cards)
What is an organsiation?
A social arrangement for the achievement of goals with a boundayr to se ir from the env
WHY DO ORGS EXIST?
To achiev ereutls that ind acanot b thesmevls
what is na organsaiton?
A socia arrangement forthe putsuit of goals, wti a bodary to sep from env
Why d orgs exst?
o achieve gls thatind canot by thesmles q
What is at stake for lenders?
Money ivested int the business.
wHAT s an organisaton?
A social arrangent for the achievment of gols, with a binadry
Why do orgs exist?
To achieve goals that ind are not able to by thselvs
What is an organsation?
A social arrnangent for the ach of gls with a bunad to sep fro mthe env
What is an organisation?
A social arrangement for the aciemvent of goals, with a bundary to sep from the env
Why do orgs exist?
To achieve goals that ind are not able to achieve by thesmelvs
What is at stake for lenders?
How do orgs differ?
Ownership
Control
Actiity
Profit vs not for profitr orientation
rga
What is an organisation?
A social arrangement for the pursuit of goals with a boundary to separate it from the environment
What do all organisations have in cmoon?
Pursue a variety of objectives anf goals
Different people do different things or specialise
What is an organisation?
A social arrangement for the achievment of goals, with a boundaty to eparet it from the nev
why do orgs exist?
To acheive goals that ind are not able to achieve by thesmels
How do orgs differ?
oNERSHIP
