A(n)________ Is a Privately Owned Organization That Serves Its Customers

question 310

Multiple Choice

A(n) ________ is a privately owned organization that serves its customers to earn a profit so that it can survive.

• A)agency
• B)for-profit organization
• C)institution
• D)nonprofit organization
• E)cooperative

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Definitions:

External Scrutiny

The examination and evaluation of an organization's actions, policies, or finances by external entities or the public.

Complete Trust

A condition where full confidence is placed in someone or something, often without question or doubt.

Specific Objective

A clearly defined, measurable goal that a person or organization aims to achieve within a timeframe.

Associate Consultant

A junior advising professional in a consultancy firm who supports senior consultants in providing expert advice to clients.