Types of need-satisfying organizations: State-owned enterprises (SOEs) and Non-Profit organizations.
Understand the Problem
The image presents information about different types of need-satisfying organizations. Specifically, it mentions state-owned enterprises (SOEs) and non-profit organizations, along with characteristics and examples of each.
Answer
The types of need-satisfying organizations are state-owned enterprises (SOEs) and non-profit organizations.
The types of need-satisfying organizations are state-owned enterprises (SOEs) and non-profit organizations. SOEs have levels of government control and intervention through government ownership. Non-profit organizations do not have profit as the main purpose, offer products and services for the community, for example, the South African Red Cross.
Answer for screen readers
The types of need-satisfying organizations are state-owned enterprises (SOEs) and non-profit organizations. SOEs have levels of government control and intervention through government ownership. Non-profit organizations do not have profit as the main purpose, offer products and services for the community, for example, the South African Red Cross.
More Information
State-owned enterprises (SOEs) are created by a government in order to partake in commercial activities on the government's behalf.
Tips
Ensure you understand the difference between SOEs and Non-Profit organizations.
Sources
- Different Types of Need Satisfying Organisations (BMAN5121-LU1 ... - youtube.com
- What Is a State-Owned Enterprise (SOE), and How Does It Work? - investopedia.com
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