Formal Organizations

Coordinator: Shelby Cullom Davis Professor of American Business and Economic Enterprise Gerald A. Gunderson

Formal organizations are people organized into a social unit for the explicit purpose of achieving certain goals. Such organizations include governments, businesses, nonprofit organizations, political parties, and the court systems. They do not include informal organizations such as the family, culture, and social groups. Formal organizations are characterized by endurance beyond the participation of individuals and require detailed rules for internal operations.

Course requirements:

If students wish to complete the track with entrepreneurship, add FORG 291. Entrepreneurship and Markets or FORG 302. Seminar in Entrepreneurship, for a total of six courses.