lesson 2 characteristics of large scale organisations.key
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Lesson 2: Characteristics of large-scale organisations
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From Lesson 1….
Outline the purpose of a mission statement.
Question
Answer!To explain why an organisation exists, its purpose and how it will operate
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Note taking reviewAre your notes:
In your own words
Legible
Have clear sections such as headings
ColourfulMeaningful
Memorable
Will you be able to find them and understand them in 25 weeks times?
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Note Taking Review
Note taking support classes
Add to you notes during the presentations at the start of each lesson
Note taking and summarising
Take a look at this link on our subject wiki
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Outcomes (What you need to know and be able to do) ! • Explain characteristics of large-scale organisations ! • Distinguish LSO's from medium and small ! • Outline typical management functions, including operations,
finance, human resources, marketing, and research and development
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The Australian Bureau of statistics say:
Large Scale organisations are those that employ 200 or more people or has assets worth more than 200 million
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Value measurement
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If measured by the amount of
employees
What is Westfarmers?
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What makes LSOs Unique?
Have great political influence
Produce goods and services cheaply because they can reduce costs
Have a large number of stakeholders
Operate in many countries
Have management structures
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Typical management functions
Discuss with the person next to you what you think each function involves.
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Multinational corporationsA multinational corporation is owned and based in one country and operate in many countries throughout the world