UNIT 4 Organization UNIT 4 Organization The five separate fingers are five independent units. Close...
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![Page 1: UNIT 4 Organization UNIT 4 Organization The five separate fingers are five independent units. Close them and the fist multiplies strength. This is organization.](https://reader035.fdocuments.in/reader035/viewer/2022081900/5a4d1ae57f8b9ab059978dda/html5/thumbnails/1.jpg)
UNIT 4 OrganizationUNIT 4 Organization
The five separate fingers are five independent units. Close them and the fist multiplies strength. This is organization.
James Cash Penney, American businessman (1875-1971)
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Please note!Please note!To outline the advantages of
organized productionTo lay down some rulesTo set some basic rules, The division of labor To bring many benefitsTo save time and tools, To facilitate learning,
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Please note!Please note!To estimate costs and output, To establish chain of command,To suit specific needs of companies,
To fit the specific needs, To include the following activities,
To lay an emphasis on.
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Reading Comprehension Reading Comprehension Check Check Decide if the following statements are true (T) or false (F) according to the text. Correct the false
ones. 1. Organization is the most significant factor of every
production enterprise. T / F 2. Adam Smith is responsible for the growth and expansion of
enterprises. T / F3. Organizational structures of modern companies have their
origins in the division of labor. T / F4. The division of labor helped in predicting production costs.
T / F5. Shareholders belong to any company’s Board of Directors. T
/ F6. Subsidiaries are synonymous to international divisions. T /
F7. Each department of a company is oriented towards
performing a specific group of tasks. T / F
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Write the words which have the Write the words which have the following meaning:following meaning: 1. A person who owns shares in a company
Shareholder
2. All the people who work for a company (several answers)The workforce (employees, staff, personnel)
3. A specialized division of a large company in charge of a particular service/ product Production Department: purchasing, stocks, shops, quality control, packaging, transport, maintenance, work safety
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Write the words which have the Write the words which have the following meaning:following meaning:4. Work, especially when difficult or
exhausting: Labour
5. A company that is owned or controlled by another company, usually by a large corporation Subsidiary - sub·sidi·ari
6. A part of a company that deals with how money is spent and budgeted: Finance department: accounts, wages and salaries, data processing
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Enrich your vocabularyEnrich your vocabularyCompetence and responsibility; Superiority and subordination;The rapid expansion of information technologies;
An increasingly competitive environment.
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Homework AssignmentHomework AssignmentDescribe the structural levels of
an organization you are familiar with:
◦ A school, ◦ A university, ◦ A café, ◦ A restaurant.
Keep your description simple.