M3.24 Understanding Organisations in their Context

We all work for organisations in the private or public sector of the UK economy presided over by a government which in itself is a massive organisation. But are all organisations the same? Should they have the same structures? Or are there different kinds of organisation that are best suited to achieving particular objectives? The objectives of this workbook are to make you better able to

• understand the context within which an organisation operates
• understand the financial environment within which an organisation operates
• understand the economic environment within which an organisation operates.