The rate at which a company will grow using only its own resources, without borrowing or buying other firms.
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ORGANIC LAW
The fundamental law , or constitution , of a state or nation, written or unwritten; that law or system of laws or principles which defines and establishes the organization of […]
ORGANIC ORGANIZATION
Organic organizations consist of employees of similar status without formal job titles or responsibilities, so individuals can perform the tasks to which they are best suited. Decision making is informal […]
ORGANIC POLLUTION
Pollution that occurs when organic substances emit pollutants into the environment . These pollutants can usually be oxidized by naturally occurring micro-organisms.
ORGANIC RESERVE REPLACEMENT
Calculation of oil reserves generated through a companys own exploration and production processes (rather than purchased). Used as an indicator of the strength of an oil company.
ORGANIZATION
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 […]
ORGANIZATION AND METHODS (O&M)
Assessment of organizational hierarchy, policies and procedures , and management systems. The aim is to identify organizational inefficiencies, relative to rival organizations, usually within administrative functions.
ORGANIZATION CHANGE
The adoption of large-scale changes to organizational policies, processes, structures or strategies.
ORGANIZATION CHART
Flow chart, showing the hierarchical structure of an organization , including formal lines of communication and accountability .
ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT (OECD)
An international organization that helps develop growth and opportunity .
ORGANIZATION OF AMERICAN STATES (OAS)
Created in 1948 in Bogota, Colombia, to promote Latin American and Caribbean economic and social development , there are currently 34 member states. Cuba was one of the founding members, […]
ORGANIZATION OF ARAB PETROLEUM EXPORTING COUNTRIES (OAPEC)
Founded in 1968 by conservative Arab states intending to generate international economic cooperation among petroleum producing and exporting countries.
ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES (OPEC)
The most famous cartel in the world, made up of 12 major producers of petroleum (constituting about 40% of global oil exports). It was created in 1960, to fix crude […]
ORGANIZATION THEORY
Study of all aspects of organizations, from structures to management styles.
ORGANIZATIONAL BEHAVIOR
Actions and attitudes of individuals, groups and structures within an organization that can affect its function and performance .
ORGANIZATIONAL CAPABILITY
Resources at an organization s disposal, including human resources, material resources, financial resources, information resources and intellectual resources.
ORGANIZATIONAL CITIZENSHIP
Individual behavior that is not mandated, but promotes the interests of the organization .
ORGANIZATIONAL COMMITMENT
The extent to which an employee buys into an organization s goals.
ORGANIZATIONAL COMMUNICATION
The study of communication within and between organizations. It considers the impact of communication structures on the individuals within those structures, and can contribute to effective management.
ORGANIZATIONAL COSTS
Costs incurred when an organization is first set up.
ORGANIZATIONAL CULTURE
Principles and practices that define the unique atmosphere within an organization .
ORGANIZATIONAL DESIGN
The design of an organization determines how its operations are differentiated and integrated, as a response to environmental uncertainty .
ORGANIZATIONAL DEVELOPMENT (OD)
Systematic changes to the behavior and attitudes of an organization s employees, through long-term training. An action-oriented process, OD begins with an analysis of current trends and the desired organizational […]
ORGANIZATIONAL ECONOMICS
Economic theory that deals with transactions within organizations, rather than between organizations. Focuses on decision-making, risk management , organizational structure , employee remuneration , etc.
ORGANIZATIONAL KNOWLEDGE
The sum of all knowledge within an organization , pooled between all of its members.