Types of Organizations and Their Purposes

ORGANIZATION
 Organisation is a group of persons who join
together to achieve commonly set or defined goals.
The organisation includes the employees,
management, customers etc.

TYPES OF ORGANIZATIONS
Public sector organization
Private sector organization
Voluntary organizations

PRIVATE SECTOR ORGANISATION
 The private sector organisations are those which are
formed by persons with a main objective to earn
profits. These organisations owned and controlled by
private individual.

TYPES OF PRIVATE
ORGANIZATIONS
 Sole trader
 Partnership
 Private and Public limited companies

PURPOSES OF PRIVATE
ORGANIZATIONS:
 Profit earnings.
 Increasing market share.
 Growth.
 Maximises sales