asked 143k views
0 votes
An organization that provides services or goods to consumers and needs to make a profit is a Response area.

asked
User NAbbas
by
8.0k points

1 Answer

2 votes

Answer:

Business (for profit organization).

Step-by-step explanation:

A business (for profit organization) can be defined as a type of organization that is created to primarily generate more revenue than its operating costs by providing lawful and legitimate services to customers. By generating more revenue than operating costs, a business (for profit organization) is able to make profit.

Some examples of business (for profit organization) are privately owned establishments such as hospitals, hotels, restaurants, supermarkets, gas stations, etc.

Hence, an organization that is saddled with the responsibility of providing goods or services to consumers at a given price because it needs to make a profit is a business (for profit organization).

answered
User Steve Farthing
by
7.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.