Business And Technology at University Of The Western Cape | Flashcards & Summaries

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Lernmaterialien für Business and Technology an der University of the Western Cape

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Points of an organisations
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  • Social arrangement

  • Pursues collective goals

  • Controls its own performance

  • Has a boundary seperating it from its environment
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How do business organisations differ? (Give 5 out of 8)
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  • Size 
  • No. of organisational levels (tall/flat)
  • Span of control 
  • Centralisation vs. Decentralisation (where power lies/is delegated)
  • Criteria for departmentation (by: geography, product, function)
  • Motive - profit or non-profit making?
  • Ownership
  • Technology 
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What is business enterprise?

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The process of identifying new business opportunities, and then taking advantage of them. 

It can involve starting up a new business or helping an existing one to expand by coming up with new ideas.


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What do managers do?
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1) Enact the plan
2) Use their authority
3) Manage Risks
4) Have Subordinates
They organise
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Main types of organisation
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  • Business organisation 
  • Not-for-profit  organisation 
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An organisation that’s partly or wholly funded from non-government resources.
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Non-government organisation 
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They exist to provide a benefit to the public.
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Not-for-profit organisations 
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Which of the following does not fall within the definition of an organisations given by Buchanan and Huczynski :
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Retail companies 
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An organisation funded by the government.
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Public sector 
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They engage in commercial and industrial activities with the purpose of making a profit.
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Business organisations 
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Main types of not-for-profit organisation
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  • Public sector 
  • Non-government 
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What are the common features of a business organisation? (Give at least 3 out of 7)
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  • Made up by a group of people who work together to achieve set of goals
  • Has its own strategies to achieve the goals or objectives set
  • Has its own vision and mission
  • Has a culture formed by the organisational values
  • Has various structures and its own system and procedures 
  • Has inputs which are then processed to provide an output 
  • Has customers besides other stakeholders 
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  • 18780 Karteikarten
  • 2101 Studierende
  • 24 Lernmaterialien

Beispielhafte Karteikarten für deinen Business and Technology Kurs an der University of the Western Cape - von Kommilitonen auf StudySmarter erstellt!

Q:
Points of an organisations
A:
  • Social arrangement

  • Pursues collective goals

  • Controls its own performance

  • Has a boundary seperating it from its environment
Q:
How do business organisations differ? (Give 5 out of 8)
A:
  • Size 
  • No. of organisational levels (tall/flat)
  • Span of control 
  • Centralisation vs. Decentralisation (where power lies/is delegated)
  • Criteria for departmentation (by: geography, product, function)
  • Motive - profit or non-profit making?
  • Ownership
  • Technology 
Q:

What is business enterprise?

A:

The process of identifying new business opportunities, and then taking advantage of them. 

It can involve starting up a new business or helping an existing one to expand by coming up with new ideas.


Q:
What do managers do?
A:
1) Enact the plan
2) Use their authority
3) Manage Risks
4) Have Subordinates
They organise
Q:
Main types of organisation
A:
  • Business organisation 
  • Not-for-profit  organisation 
Mehr Karteikarten anzeigen
Q:
An organisation that’s partly or wholly funded from non-government resources.
A:
Non-government organisation 
Q:
They exist to provide a benefit to the public.
A:
Not-for-profit organisations 
Q:
Which of the following does not fall within the definition of an organisations given by Buchanan and Huczynski :
A:
Retail companies 
Q:
An organisation funded by the government.
A:
Public sector 
Q:
They engage in commercial and industrial activities with the purpose of making a profit.
A:
Business organisations 
Q:
Main types of not-for-profit organisation
A:
  • Public sector 
  • Non-government 
Q:
What are the common features of a business organisation? (Give at least 3 out of 7)
A:
  • Made up by a group of people who work together to achieve set of goals
  • Has its own strategies to achieve the goals or objectives set
  • Has its own vision and mission
  • Has a culture formed by the organisational values
  • Has various structures and its own system and procedures 
  • Has inputs which are then processed to provide an output 
  • Has customers besides other stakeholders 
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