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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Business organisation
Hello tutor,
Can we say that these are the business organisation.
1. Member of online community
2. A health authority
3. A Charitable Trust
Please help me i got confused between them..
1 Not a business organisation. These people often barely know one another and there is rarely any decsion-making methodology or hierarchy. In effect, there is no organisation.
2 and 3. They are certainly organisations but are not profit-seeking, they are probably not businesses. Most definitions of ‘business’ refer to commercial, industrial or professional activities.