Comparison between Profit Organisation, Non-profit Organisation, and NGO

Business and Business
Environment
(TASK1)

INTRODUCTION
In modern era, business environment can be stated as ample
number of both internal and external factors. These components
directly put impact on business activities in a positive or
negative way. It is mandatory for executives of organisation to
find out needs and wants of customers and modify or make
products as per their requirements to sustain in marketplace for
a long period of time.

Comparison between three organisation
Basis of
comparison Profit
organisation Non-profit
organisation NGO
Meaning These types of
companies work for
the welfare of
society. Basically,
executives under this
deliver services to
people who are in
need or below
poverty line. Apart
from this, they also
work with an aim of
brining betterment in
standards of living of
social people.
Firms in this sector
do not aim to earn
profit and deliver
services to
consumers as per
their needs.
Basically,
government provides
funds to these
enterprises to deliver
food and shelter in
upbringing of person
who are in need.
Main focus of these
organisations is to
make profit at its
maximum. They
manufacture goods
and services as well
as deliver to
consumers as per
their needs in
exchange of
monitory. These
organisations are
continuously altering
their products as per
the need of
customers.

Continue
Motive Earn minimum
profit Giving effective
services or
products to
buyers.
Its main aim is
to provide better
services to their
customers and
employees in an
effective
manner.
Are of
operations
Firms are mostly
big. Only limited Only large