Question

Today’s organizations can be divided into three groups, which are

Answer 1

Today’s organizations can be divided into three groups, which are:
1) for-profit organization
2) nonprofit organization
3) governmental organization

An organization refers to a social unit of individuals that is organized and figured out how to address an issue or to seek after aggregate objectives. All organizations have an administration structure that decides connections between the diverse activities and the individuals, and subdivides and relegates parts, obligations, and specialist to do distinctive assignments.

Answer 2

Firms and Non Profit In short, they are either for profit their to cater for the needs of others. For profit organisations like Johnson and Johnson, Tesla motors serves their clients to get a benefit with the goal that it can survive and stay in business, the major objective of these companies are to get a profit. On the other hand, non governmental association that serves their clients yet does not have benefit as the end objective. Rather, its objectives might be operational productivity or customer fulfilment.