Organization

The word - organization - has a long history . For example , in the war , the army also can regarded as an organization . An army has many soldier ,  some leader and a general . Also, they strive and work for the same object .So, we can see that from this example , the organization has some common feature -people, target ,structure ,management and culture . In addition, nowadays , the source of organization can be defined as a group of entrepreneurs saw an opportunity in the market .And then created an organization to take the advantage of it (D Boddy , 2011) . For example , Sir Ka-shing Li invest Facebook at the start of this company about 4.5 billion dollar  . Now , the rate of return on investment is 560% .

The structure of organization 

In terms of the kind of organization , it has four different types -- hierarchy , committee/jury , and matrix .
In my opinion , a hierarchy is a basic organization type . A hierarchy has a leader who leads the other individual members . This organization like a pyramid , a sturdy base is needed in order to allow the overall structure to reach higher . However , this type also has a problem .  A chart had been shown below .We can see that from this chart , just 2 or 3 employees may have 2 manager .That mean's this organization will have a great management . But , it also create the waste of human resources . Moreover , the employer need spend more money on salaries .When the expenses increases , then , the profit will decreases .

The second type is committee or jury organization which is an association of people set up to arrive at solutions to common problems . It is a good example of democratic management, and every member has an equal opportunity to raise their voice and come to a common solution . However , in my opinion , this organization also has a problem . I believe that it will waste times in some cases . Majority of organization has committee organization . When a employee propose a new idea , but someone in this group disagree with it . That will waste a long time to discuss .

In addition , another type is matrix . This is a most popular types in recent years .The list of well-know companies that are using some form of a matrix is becoming long and impressive . For example , a company that has annual sales of 14 billion dollar and employs 400,000 people in scores of diverse business - General Electric . Because they have found the pyramid form cumbersome, so having turned to the matrix as a fundamental alternative . Other major corporations , such as Bechtel , Citibank , Dow Chemical ,Shell Oil ,Texas Instruments , and TRW , also have turned to the matrix organization .
Matrix organization also can be grouped as three types -Weak Matrix, Balanced Matrix and Strong Matrix .

Interestingly , when I take about organization , I believe that the first name that pops into people's head is company . Actually , non-profit organization such as charity also is an organization, because it also create the value to the world and some people . For example, WWF( world wild fund) is a organization which focus on protect animal and species . This organization will do activities to got the financial support , also it has some cooperative companies such AVON and Coca Cola Enterprises.

                                                    WWF in the UK

Further more , I found and learn another knowledge about organization , that I had learning in foundation course and business management lesson in last week . This is about the type of business company .
There also are four types - sole trader ， partnership，private limited company and public limited company.