Lesson 2: Characteristics of large-scale organisations

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

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?

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

 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

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

Value measurement

If measured by the amount of

employees

What is Westfarmers?

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

Typical management functions

Discuss with the person next to you what you think each function involves.

Multinational corporationsA multinational corporation is owned and based in one country and operate in many countries throughout the world