5 Questions
Which of the following is a type of organization based on ownership?
Sole proprietorship
Which type of organization operates with no separate legal entity for the business owner?
Sole proprietorship
What are the two main types of organizations according to outputs?
Services organizations, Productive organizations
What type of organization aims to achieve specific goals through a clear organizational structure?
All of the above
Which of the following is a type of organization based on the purpose of establishment?
Profit organizations
Study Notes
Types of Organizations
- Sole proprietorship is a type of organization based on ownership, where the business owner and the business are not separate legal entities.
Organizations by Output
- Organizations can be classified into two main types based on their outputs:
- Business organizations, which produce goods and services to make a profit.
- Non-profit organizations, which aim to achieve specific objectives without seeking financial gain.
Organizational Structure
- Bureaucratic organizations aim to achieve specific goals through a clear organizational structure and rigid hierarchy.
Purpose of Establishment
- Welfare organizations are a type of organization based on the purpose of establishment, aiming to improve social welfare and provide services to the community.
Learn about the nature of organizations, types of organizations, legal forms of businesses, the external environment of business, and the benefits of organizations. Dr. Ahmed Genedy provides insights and definitions to enhance your understanding.
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