Determine the factors of large organisations, Financial Management

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Determine the factors of Large organisations

-  Greater efficiency and productivity achieves economies of scale

-  Easier to manage, organise and control workers through hierarchy, specialisation and rules/procedures

-  Less reliance on key personnel

 

-  Coordination and control complex and costly

-  Remove initiative/workers lose control

-  Boredom, frustration and de-motivation of workers e.g. feel like a small cog in a large machine.

 


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