__________ 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)entity

Question

Quizplus · Accepted Answer

A for-profit organization operates with the primary goal of earning profits for its owners or shareholders. Unlike nonprofit organizations, which are focused on achieving a social or humanitarian goal, for-profit organizations seek to generate revenue and generate a return on investment for their owners.

__________ Is a Privately Owned Organization That Serves Its Customers