4 Basic Factors for Organising any Organization

4 Basic Factors for Organising any Organization

Organising involves four basic factors namely the work, the people, the capital and the work place.

1. The work:

The work of an organisation is decided by the objectives of an organisation. The work is split into various components. Organising requires grouping of activities by decision or departments. They are further subdivided into sections and jobs.

2. The people:

Assigning various duties to people is the next important aspect. This job assignment first goes to the members of managerial groups, who in turn delegates work to their subordinates. The individual who is assigned the particular job is answerable for the results of his individual unit of assignment.

3. The capital:

This involves the capital and material needed to carry out the work assigned to groups and individuals.

4. The work place:

This denotes the place of work, the physical and psychological working conditions of an organisation.