Can You Identify The Traditional Principles Of Organisations. I). Briefly Describe Two Of These Principles.


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Organization refers to a group of people working under a system for achievement of collective goals. Organizations are governed by a number of principles, two of them are as follows:
- System: Organization is basically a system of set procedures, rules and regulations. It is the basic principle governing an organization and without a system the organization merely becomes a group of people.
- Collective goals: Collective goals is another principle that leads an organization. In fact an organization is formed keeping in mind a certain goal or aim.
thanked the writer.
That flawed, law like credit scoring system is reason were in such mess. Credit should be based on chattle and collateral and the ability to pay.

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