A group of people, structured in a specific way to achieve a series of shared goals. Relationships within an organization are determined by its structure and are typically based upon role and function. As the external environment can affect and be affected by organizations, they are considered open systems.

More On This Topic

Link to This Definition
Did you find this definition of ORGANIZATION helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary