Types of Organizations Quiz
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Questions and Answers

What is the primary objective of commercial or profit-making organizations?

  • Benefit society
  • Operate without government intervention
  • Focus on social objectives
  • Maximize profits (correct)

    • Which type of organization is typically owned by private individuals or government entities?

  • Charitable institutions
  • Social organizations
  • Commercial organizations (correct)
  • Non-governmental organizations

    • What distinguishes social or not-for-profit organizations from commercial organizations?

  • Maximize profits for shareholders
  • Primarily owned by private individuals
  • Operate without any funding
  • Focus on social objectives rather than making profits (correct)

    • Which organizations are often involved in activities that benefit society?

    <p>Social or not-for-profit organizations</p> Signup and view all the answers

    Why is it important to understand the differences between commercial and social organizations?

    <p>To comprehend their activities and objectives</p> Signup and view all the answers

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