Category: O

This process entails staffing and resource allocation to immediate and long-term goals, and is one of the most vital responsibilities of a management team.

B/L that is used when delivering a shipment or to file a claim for damaged or lost goods. Other copies are only for records.

Selfish pursuit of individual agendas by members of an organization, with no regard to the impact on the organization?s stated goals.

The price a company paid to acquire an asset.

The way in which new employees adapt to the prevailing culture within an organization.

a term that is given to the first entry that is made in an account book for a particular account.

A typically hierarchical framework of authority, accountability, communication, and allocation of responsibility. Organizational structures should reflect the goals of the organization if they are to be successful.

Teams, groups or departments within an organization with specific functions and objectives, and with their own allocated resources.

To establish or furnish with organs; to systematize; to put into working order; to arrange in order for the normal exercise of its appropriate functions. The word “organize,” as used in railroad and other charters, ordinarily signifies the choice and qualification of all necessary officers for tbe transaction of the business of the corporation. This is usually done after all the capital stock has been subscribed for. New Haven & D. R. Co. v. Chapman, 38 Conn. 00.

1. To employ a logical system to structure otherwise random or chaotic elements. 2. To operate in an efficient or methodical manner.