Types of organization

Organization may be classified on several bases such as size- small, medium, large and giant, ownership- public, private, and joint, legal form- sole trading, partnership, joint stock Company, cooperative society, and multinational company. Organizations can be classified as follows can on the basis of their objective:

1) Business organizations: they are formed for earning profits. They are mainly concerned with producing goods and services of value to the society. Companies, partnership firms, and sole trading firms are organized along these lines with a profit motive to survive against competition, future expansion and development. Their prime beneficiaries are their owners.

2) Government organizations: such organizations are formed for the satisfaction of the people and their welfare. They are engaged in public services. They can be government departments, ministries and public corporations. Their prime beneficiaries are general publics.

3) Service organizations: service organizations are voluntary organizations, which are formed for promoting social welfare activities in the country. They are non-profit social organizations such as schools, hospitals, social welfare agencies, etc. the prime beneficiaries are the clients who come in the direct contact with the organization.

4) Political organizations: political organizations render services to upliftment of the society. They seek to elect a member of their group to public office of the country such as parliament, district committee, etc. political parties and associations comes under this category.

5) Religious organizations: they serve for the attainment of spiritual needs of members and try to convert non-believers to their faith. Churches, Vishwa Hindu Parishad, etc. come under this category.

6) Associative organizations: they satisfy the needs of people to friendships and to have contact with others who have common interests. Clubs, team etc. come under this category.

7) International organizations: they are association of many countries. It can be international or regional associations such as UNDP, WORLD BANK, ASEAN, SAARC, etc. the prime beneficiaries are member countries.