Company Types and Non-Profit Organizations

Non-profit organization (correct)

Government-owned company

Public company

Private company

Private companies are only allowed to operate in certain industries, while government-owned companies can operate in any industry.

Private companies have more regulations to follow than government-owned companies.

Private companies are owned by individuals or groups, while government-owned companies are owned by the state. (correct)

Private companies have more financial resources than government-owned companies.

To compete with private companies

To promote social and environmental causes (correct)

To generate profit for the owners

To provide goods and services to the public