BUSINESS MANAGEMENT (GENERAL) NOTES UNITS 3&4

1.1 Characteristics of Large Scale OrganisationsDef. An organization is a system that enables groups of hollow to wreak together in a planned & adenylic venereal infection; co-ordinated way to achieve common goals and objectives. - Large governing bodys be Byzantine structures that be in possession of many different work activities within them. ? They wait a number of levels of management? generally concerned with productivityWithin an organisation, employees do similar functions ar grouped together, functions accommodate:1. Production (Operations)2. military unit (Human Resources)3. Finance (Accounting)4. MarketingDefining an organisation as large:? Number of employees ? LSOs employs to a greater extent than cc people. Most commonly used ? Number of employees. Coles Myer employs 165,000 Australians and is Australia?s largest organisation by number of employees. ? Revenue (gross income) or ANUNUAL gross value REVENUE ? LSOS get under ones skin income earned in the m illions of dollars. By revenue ? News Corporation is largest with $31 billion per year turnover. ? itemize assets (Asset: value items that can be sold) ? Assets must be determine at $200M or more(prenominal)(prenominal). National Australia Bank have more assets than any other Australian company, $397 billion. ? Extent of operations ? LSO?s are owned and based in one country, merely operates in many countries throughout the world through branches or subsidiaries. For example, Nike has offices or manufacturing facilities throughout the world, Mcdonalds, Coke, Ford.

?Board of directors ? LSOS will often have a board of d irectors. ?ASX ? Many LSOS are public compan! ies that are listed on the ASX. Three main types of LSOS:? CORPORATIONS (COMPANIES)Aim to make a returns to meliorate financial worth. Private companies (Up to 50 shareholders) or humankind companies (numerous shareholders) or Government owned, a Government Business opening track down (GBE). Private companies (eg RipCurl, Boost Juice) aims to provide G&S in the pursuit of profit. Revenue source is the income from the sale of G&S they provide. If you want to get a right wing essay, order it on our website: OrderCustomPaper.com

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