MindMap Gallery ACCA F1 chapter 1 (organizations and their stakeholders)
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ACCA F1 chapter 2 (Business environment)
organizations and their stakeholders
the nature of organization
definition
collective goals
social arrangement
controlled performance
boundary
benefits of organization
1. time saving
2. breakthrough of individual limitations
3. specialization
4. knowledge accumulation and sharing
classification of organizations
profit or non-profit orientation
profit seeking organizations (commercial)
not-for-profit organizations
ownership
public sector
accountability
funds
demand of service
resource constraint
private sector
non-governmental organizations
co-operatives
legal status
sole trader
partnership
limited liability companies
private limited companies
public limited companies
stakeholders
typical classification of stakeholders
internal stakeholders
employees
managers/directors
connected stakeholders
shareholders
debt finance providers/loan providers
customers
suppliers
external stakeholders
community at large
pressure groups
government
trade unions
stakeholders conflict
mendelow matrix