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Organization

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Definition: An organization is a group of people brought together for a common purpose or goal. In business terms, the term organization can refer to an entire company or to a smaller unit within the company. That smaller unit can be part of the formal structure, like a division or department, or of the informal structure like a company softball team.

Many of the leadership and teamwork requirements are the same for any kind of organization regardless of the size or structure of the organization.

**See the full Glossary of Business Management Terms and Abbreviations

Also Known As: team, unit, department
Common Misspellings: organisation
Examples:
Everyone in the organization agreed with the goals in the mission statement.
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