Understanding Organizations and Organizational Effectiveness

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What is an organization?

An organization is a tool people use to coordinate their actions to obtain something they desire or value, and it can also be defined as a response to and a means of satisfying some human need.

Give an example of a non-profit organization and the societal need it addresses.

An example of a non-profit organization is a healthcare organization, which addresses the societal need for medical care.

What role do entrepreneurs play in establishing organizations?

Entrepreneurs play a crucial role in identifying unmet needs or opportunities in the market and taking the initiative to create organizations to address them.

What are some reasons for the establishment of new organizations?

<p>New organizations are established when new technologies become available, new needs are discovered, or when entrepreneurs identify unmet needs or opportunities in the market.</p> Signup and view all the answers

How do organizations evolve or die?

<p>Organizations evolve or die when the needs they satisfied are no longer important or when other needs have replaced them.</p> Signup and view all the answers