2. ORGANISATION
• The term ‘Organization’ is derived from the word ‘Organism’
which means a structure of body divided into parts that are
held together by a fabric of relationship as one organic whole.
• ‘Organization’ can be defined as a group of people working
together to create a surplus.
• An organization structure is the design of positions,
arrangement of positions and relationship of positions in an
organization.
• In this sense, organization structure refers to the network of
relationships among individuals and positions in an
organization.
3. OBJECTIVES OF ORGANISATION
• Effective management of enterprise
• To help management
• To increase production
• Co-operation of employees
• Sustained growth and diversification
• Discharging social responsibility