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Home » Managerial/Management/Cost Accounting Terms and Definitions » Organization Definition

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Organization Definition:

An organization is a deliberate arrangement of people to accomplish some specific purpose. Each organization has three characteristics; first, each organization has a distinct purpose. This purpose is usually expressed in terms of a goal or a set of goals that organization hopes to accomplish, second each organization is composed of people and third, each organization develop a deliberate structure so that its members can do their work in order to accomplish its goals.

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