Types of Organizations: Public, Private, and Voluntary Sectors
VerifiedAI Summary
Organizations can be segmented into 3 types: public, private, and voluntary sectors. Public sector organizations are run under government regulations and provide services to improve community and citizen life. Private sector organizations aim to reach profit margins and maximize wealth for the business. Voluntary organizations run with no profit features and serve by members while receiving donations from different parties. Is there a specific type of organization you would like to know more about?