Business Glossary, sometimes called Data Glossary, is a list of business terms with their definitions. (countable) A specific commercial enterprise or establishment. It defines business concepts for an organization or industry and is … The organizational structure of, for example, a company is a system used to define its hierarchy. Line organization definition is - the part of a business organization that forms an integrated whole concerned with the production of the goods or services that are the stock in trade of the organization —often distinguished from staff. 2. an organized body, group, or structure. Businesses can be for-profit entities or non-profit organizations. ‘It was the first time these four business organisations have come together for such an event.’ ‘Rebuilding Together is a national non-profit organization dedicated to repairing homes for low income, elderly and disabled homeowners.’ ‘The organization, scope and structure of the committee has a significant impact in this regard.’ ‘A second model of membrane organization has developed in the past two decades.’ ‘Unfortunately, the layout and organization of the book make it very difficult to work with.’ An organization is a group of people who work together, like a neighborhood association, a charity, a union, or a corporation. This is the British English definition of organization.View American English definition of organization. Organizing definition: the activity or skill of coordinating people and events | Meaning, pronunciation, translations and examples In the United States, there are six types of legal forms of business ownership from which to choose, from sole proprietorships to corporations. I was left my father's business. A generic term for any type of group or association of individuals who are joined together either formally or legally. Business organization, an entity formed for the purpose of carrying on commercial enterprise. Search administrative organization and thousands of other words in English definition and synonym dictionary from Reverso. Business Structure The way a business is organized. Definition and synonyms of organization from the online English dictionary from Macmillan Education. Strategic Management Process is an ongoing process of five steps which defines the way an organization makes its strategy to achieve its goals. Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation. Marshak, Thomas (1987). Definition of organization noun in Oxford Advanced Learner's Dictionary. Search parent organization and thousands of other words in English definition and synonym dictionary from Reverso. Our glossary of business terms provides definitions for common terminology and acronyms in business plans, accounting, finance, and other aspects of small business. What is Unincorporated business organization? "Organization Design: Fashion or Fit" Harvard Business Review (January February) Morgenstern, Julie (1998). The Glossary has been compiled by R. S. Khemani, Adjunct Professor at the Faculty of Commerce and Business Administration, University of British Columbia, B. C., Canada and D. M. Shapiro, Principal, School of Community and Public Affairs, Concordia University, Montreal P.Q. 757–60. Most commonly, a business glossary presents a list of terms, what those terms mean in a particular business context, and which systems and processes actually use or rely on the term. To start and run a business, you often need to understand business terms that may not be well defined in a standard dictionary. How to use organization in a sentence. Definition: is an organization or a company that is able to successfully adapt to the rapid and unexpected changes that occur in its environment. Organization definition: An organization is an official group of people, for example a political party, a... | Meaning, pronunciation, translations and examples together in order to achieve a particular aim to work for a business/political/voluntary organization the World Health Organization He's the president of a large international organization. Change your default dictionary to American English. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. What does Unincorporated business organization mean in law? A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. The term organization includes a corporation, government, partnership, and any type of civil or political association of people. 3. the replacement of blood clots by fibrous tissue. There are several ways to organize a business. It is the way in which a company or organization is organized, including the types of relationships that exist between the directors, managers […] Beneficiaries may sell their position as beneficiaries. Glossary of Business Continuity Terms Term Definition References Note Activation The implementation of business continuity procedures, activities and plans in response to a business continuity emergency, event, incident and/or crisis; the execution of the recovery plan. Learn more about business principles of operation. comprehensive health organization (CHO) a nonprofit health care agency in Canada, formed jointly by representatives of the community and of health care providers. Each employee’s position is identified, including their function and who they report to within the firm. Organizing from the Inside Out. The Glossary is published on the responsibility of the Secretary-General of It can be a self-sustaining, non-federal entity, constituted or established and operating on Federal property, by individuals acting outside any official capacity in the federal Government. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. Private Organization Law and Legal Definition Private organization refers to any person, partnership, corporation, association or agency which is not a public body that is operated for profit. Industrial organization is a field of economics dealing with the strategic behavior of firms, regulatory policy, antitrust policy and market competition. Massachusetts Trust A trust whereby the trustee or trustees run a business on behalf of beneficiaries. "organization theory," The New Palgrave: A Dictionary of Economics, v. 3, pp. The business structure states who owns the company, how profits are distributed and which managers perform what jobs. The trustees own all property associated with the business. organizational website definition on 12/14/2020 Total Views : 1 Daily Views : 0 12/14/2020 Total Views : 1 Daily Views : 0 That is, the trustees act as the managers and the beneficiaries act as shareholders. Most businesses are limited-liability companies. View the pronunciation for organization. Definition of Unincorporated business organization in the Legal Dictionary - by Free online English dictionary and encyclopedia. People often confuse a "data glossary" with a "data dictionary," which also defines data elements, their meanings, and their allowable values. The ‘agile organization’ is also known as ‘the entrepreneurial organization’ and ‘the resilient organization’ and this kind of organization focuses on the customer which calls for customized rather than standardised offerings. An Agile Organization is one that is quick in responding to changes in the marketplace or environment. Using Strategic Management Process, an organization decides to implement a selected few strategies along with stakeholders, details the implementation plan and keeps on appraising the progress & success of implementation through … Gartner Glossary Information Technology Glossary B Business Capability Modeling Business Capability Modeling Business capability modeling is a technique for the representation of an organization’s business anchor model, independent of the organization’s structure, processes, people or domains. Each gives you different degrees of protection for liability, and each has different tax consequences. Such businesses are flexible, able to develop fast, and tend to entrust more powers (in terms of making decisions) to the employees. Mintzberg, Henry (1981). Owl Books ISBN 0-8050-5649-1; Peter, Laurence J. and Raymond Hull. Organization. BCI DRJ See definitions for Invocation, Incident, Emergency, Event and Organization definition is - the act or process of organizing or of being organized. 1 [countable] a group of people who form a business, club, etc. Meaning of Unincorporated business organization as a legal term. 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