Day: May 30, 2024

Organisations can be defined or described in various ways.

Which THREE of the following are the key characteristics that are shared by all organisations?

A Synergy
B Social arrangement
C Collective goals
D Specialisation
E Controlled performance
F Exchange of goods and services

Select ONE answer:

1. A, D, F
2. B, D, F
3. B, C, E
4. C, D, E

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct – An organisation is a social arrangement that pursues collective goals, that controls its own performance, and, in addition, that has a boundary separating it from its environment. The other options are all ways that enable an organisation to increase productivity.
4. Not correct

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