Text Book tests

The common features of a business organisation:

  1. made up by a group of people who work together for the achievement of set goals – different people do different things or specialize in one activity
  2. have business strategies to achieve goals/objectives
  3. have a vision and a mission.
  4. have a culture which is formed by the organizational value.
  5. have structures (such as department, teams and divisions) and a sound system i.e. systems and procedures
  6. have inputs which are processed and provide an output.
  7. have customers besides other stakeholders.
  8. have inputs which are processed and provide an output.
  9. have customers besides other stakeholders.
  1. have inputs which are processed and provide an output.
  2. have customers besides other stakeholders.
  3. have inputs which are processed and provide an output.
  4. have customers besides other stakeholders.
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