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Questions and Answers
What is a business organization?
What is a business organization?
- A legal entity formed to carry out commercial activities (correct)
- An informal gathering of individuals
- A charitable organization
- A group of people with similar interests
What is the primary purpose of a business organization?
What is the primary purpose of a business organization?
- To provide social services to the community
- To support political campaigns
- To promote cultural activities
- To conduct commercial activities and make a profit (correct)
Which characteristic distinguishes a business organization from other groups?
Which characteristic distinguishes a business organization from other groups?
- Informal communication channels
- Voluntary participation
- Legal recognition and formal structure (correct)
- Common interests among members
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