Organisational structure

Organisational structure is the arrangement of authority, communication, rights and duties in an organsation. It determines how the roles and responsibilities are assigned, coordinated and controlled. 

Naturally work is divided in an organisation. This is called the division of labour. It is the separation of work processes into a number of tasks and each task is assigned to a group or an individual. This gives birth to specialization, through which individuals or groups can excel at doing one thing at a time. This happens because they usually do one task over and over again. This may also result in boredom and lack of creativity from the workers side as the task might be repetitive. 

Businesses also have to decide where the decision making power resides in the heiracrchy of the organizational structure. Some organisations have a centralised structure which keeps the decision making power at the top of the hierarchy. Then there's decentralised structure where decision making is spread out to include more junior level employees.  

Increase in university demand

It has been noted that the demand for universities is on the rise. The article talks about how universities are dealing with the increasing demand and how the improving educational standards in England is driving up demand for universities. A report from the universities minister has been released at an attempt to update another report which had been released over 50 years ago, and according to it only 5% of young people went to universities. The report also considers what the demand will be after 20 years time and it suggests that a need to increase in places by 92,000 will be needed by England based universities. When the original Robbins reports was published in 1963, 216.000 students were in enrolled in higher education.

The full article can be read here : http://www.bbc.co.uk/news/education-24579816

Legal contracts

A contract is an agreement between two parties which is enforceable by law. The offeror, also known as the seller, is the person who is making the offer and the offeree is the person to whom the offer is being made to. In order to form a contract, both parties should accept the offer and once the offer is accepted, offeror and offeree are in a legal binding. Also after purchasing a good or service, we enter into a legal agreement with the offeror. For example, a dry cleaning service. The dry cleaning service provider will have laid out terms and conditions for the servicing that it is providing. There some sort of contract involved in everything we do or buy and it is an essential part of businesses as well.