Organization Theory and Design (MGT504)

Virtual University of Pakistan

MGT510 Midterm, Finalterm Solved Papers

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What is an Organization?

An organization is an entity where two or more persons work together to achieve a goal or a common purpose.” There are so many organizations around us. Daily we visit and see many organizations, Hospitals, Colleges, Factories, Farms and Government offices. Mosque/Church is also an example of an organization. People go there and say prayers. Activities of praying are to achieve a certain goal. Similarly, any unit in which two or more persons are working together for some purpose is called an organization.
If there is an organization, then there must be some people. They work as whole for a common purpose, so there must be a defined purpose. If an organization doesn‘t have any purpose, it will not survive for long run.