💼intro to business review

Organization

Written by the Fiveable Content Team • Last updated August 2025
Written by the Fiveable Content Team • Last updated August 2025

Definition

An organization is a structured group of people working together to achieve common goals through a division of labor and a hierarchy of authority. It utilizes resources efficiently to maximize productivity and achieve its objectives.

AP course connection

Topic 7.1: 7.1 Building Organizational Structures

Unit 7

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