• Organization and its features

– What is an Organization?

• A stable, formal social structure that takes resources from the

environment and process them to produce outputs.

– Capital and labour – Factors of production

– The firm transforms these inputs to products and services – The

production function

– P and S are consumed by environment in return for supply inputs.

• Legal entity

• A collection of rights, previleges, obligations and responsibilities delicately

balanced over a period of time through conflict and conflict resolution

– What are its features?

• Routines and Business Processes

• Organizational Politics

• Organizational Culture

• Organizational Environments

• Organizational Structure

– Entrepreneurial structure

– Machine bureaucracy

– Divisional bureaucracy

– Professional bureaucracy

– Adhocracy

• Other Organizational features