Summary: Youtube - Business And Technology
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1 YouTube - Business and Technology
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What are the two main categories of organizations?
- Commercial (profit-seeking)
- Not for Profit
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What characterizes not-for-profit organizations?
- Satisfy member or sector needs
- Set up for benefit
- Include:
- Government departments
- Schools
- Hospitals
- Charities
- Clubs
-
What is a non-government organization (NGO)?
- Not profit-focused
- Not government-linked
- Often promote social, political, environmental changes
- Examples: Red Cross, Greenpeace
-
What is the public sector concerned with?
- Part of economy for government services
- Controlled by government
- Includes:
- Police
- Military
- Public transport
- Primary education
- Healthcare for the poor
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What are organisations according to Buchanan and Huczynski?
- Social arrangements for controlled performance
- Achievement of collective goals
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What are characteristics of the private sector?
- Run by private individuals/groups
- Includes:
- Businesses
- Charities
- Clubs
-
What defines organisations by their goals?
- Collective goals define organisations
- Establish direction and purpose
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What allows people to work towards a common goal?
- Social arrangements allow teamwork
- Structured for common goal achievement
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How do co-operatives operate democratically?
- Each member gets one vote
- Based on the shares owned
- Controlled by members
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How is controlled performance ensured?
- Use of systems and procedures
- Achieves group goals effectively
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