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Types of Organizations and Their Purposes

   

Added on  2023-03-24

29 Pages1193 Words96 Views

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

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