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THE DIFFERENT
PURPOSES OF
ORGANIZATIONS
CIMA(CGMA) E1
PRESENTED BY- PRACHEE KARMAKAR
POINTS WE WILL DISCUSS..
Reasons to form any organization
Types of organizations
Main objectives of the organization
Creating value for the shareholders
ORGANIZATION..
Collective goals
Social Arrangements
Controlled Performance
WHY THERE’S THE NEED FOR
ORGANIZATION.??
Share skills and knowledge
Pool resources
Specialised
skills
NOW,
WHAT ARE
DIFFERENT
TYPES OF
ORGANIZATIO
NS.?
PROFIT
ORIENTATED
NON-PROFIT
ORIENTATED
Sole Traders
Private Companies
Public Companies
Limited Liability
Companies
Partnership
Govt. Agencies
Charities
Schools
Hospitals
Clubs
PRIMARY & SECONDARY OBJECTIVES OF
ORGANIZATIONS.
Profit making Organization
Non-Profit making Organization
•Primary.
Maximize owner
wealth
•Secondary.
Detailed objective
to maximize wealth
•Secondary.
Minimize the cost
achievement by
reference to
objectives.
•Primary.
Maximize benefit to
beneficiaries.
Mission , Vision, & Objectives.
Mission
Purpose
Values
Policies
Strategy
Vision
Future Oriented
Decision Making
Provides us
direction
Strategic Planning
OBJECTIVES..
S
(SPECIFIC)
M
(MEASURABLE)
A
(ACHIEVABLE)
R
(RELEVANT)
T
(TIME-CONSTRAINT
)
CREATING VALUE FOR
STAKEHOLDERS.
Control & Co-ordination
Efficient Production
Facilitating Innovations
Control Co-
ordination
Direct Supervision
Planning
Targets
Culture of the
organisation
Overall effectivenes
s
Working Together
EFFICIENT PRODUCTION
OF GOODS AND SERVICES
Minimize Wastages
Use of Technology and Innovation
Paperless office and Service Industries
Transportation
Facilitating
Innovations.
Reduce costs.
Basis for Differentiati
on
THANK YOU
PRESENTED BY- PRACHEE KARMAKAR