A For-Profit Organization Refers to

question 34

Multiple Choice

A for-profit organization refers to

• A)a subsidiary,division,or unit of an organization that markets a set of related offerings to a clearly defined group of customers.
• B)a legal entity engaged in business activities solely with the intent of serving its employees without the intent of making a profit.
• C)a privately owned organization that serves its customers to earn a profit so that it can survive.
• D)a group of people united through contractual or corporate ownership.
• E)a publicly owned organization that serves the general population.

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Definitions:

True Reason

The actual, underlying cause or rationale behind an action, event, or situation, often contrasted with superficial or stated reasons.

Psychological Capital

A positive psychological state characterized by self-efficacy, optimism, hope, and resilience, influencing an individual's performance and well-being.

Challenging Jobs

Positions or roles that present substantial challenges, requiring skill, effort, and creative problem-solving.

Theoretical Basis

Refers to the foundational concepts and principles that underpin a particular area of study or discipline.