Professional Documents
Culture Documents
Practices
WEEK - 4
Recap
Management
• Motivation
• Performance appraisal
• Sub-optimization
Incorporation
• Making into a body (Corpus)
• Organization should be given a legal existence, through a process known as
incorporation
INCORPORATED ORGANIZATIONS
Examples
Incorporated
Royal Charters
• IET, BCS, IMechE, RAeS
Acts of Parliament
• Ceredigion County Council
Country of Registration
• e.g. England & Wales, Wales, Scotland
Objectives of Company
• Companies Act 1989 allow general commercial company
A Liability Clause
• Liability of members is limited
Transfer of Shares
Meetings of Members
Power of Directors
Article of Association
• Changed at General Meeting
2. Geographical Organization
3. Centralization v decentralization
4. Management
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Organizing an Organization
Organizing an Organization
4. Finance and Administartion: Every company needs to pay its bills, to look
after its funds, to pay its employees and so on....data processing and legal
department are also generally included in this function.
Management
Performance
Motivation Sub-Optimization
Appraisal
• Their motivation