Business Law

LO1:-
ORGANIZATION STRUCTURE:-
The typically hierarchical arrangement of lines of authority, communications, rights and duties of an organization. Organizational structure determines how the roles, power and responsibilities are assigned, controlled, and coordinated, and how information flows between the different levels of management A structure depends on the organization's objectives and strategy. In a centralized structure, the top layer of management has most of the decision making power and has tight control over departments and divisions. In a decentralized structure, the decision making power is distributed and the departments and divisions may have different degrees of independence. A company such as Proctor & Gamble that sells multiple products may organize their structure so that groups are divided according to each product and depending on geographical area as well.
An organizational chart illustrates the organizational structure

(google, 2014)

Culture:-
Culture is central to the way we view, experience, and engage with all aspects of our lives and the world around us. Thus, even our definitions of culture are shaped by the historical, political, social, and cultural contexts in which we live (google, 2014)
Leadership:-
Leadership has been described as "a process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task".[1] For example, some understand a leader simply as somebody whom people follow, or as somebody who guides or directs others,[citation needed] while others define leadership as "organizing a group of people to achieve a common goal" (google, 2014)
Management:-
The directors and managers who have the power and responsibility to make decisions and oversee an enterprise, (GOOGLE, 2014)
1.1:-
Compare and contrast different organizational structures and culture:-
Organization structure:-
An organizational structure defines how activities such as task...