Business Studies, asked by TbiaSamishta, 1 year ago

The type of commercial organization established for providing services to its members. Answer in a word / phrase / term.

Answers

Answered by Secondman
1

A commercial organization or membership organization is the one that gives permission to the public to subscribe and asks to pay out membership fees on a regular interval basis.

This fee is called as "subscription".

Some types of commercial organization include voluntary associations, Trade associations, political parties, clubs, and professional associations.

They are mostly not run to make profits.

They also differ in their sizes from a tiny organization to a very large national level one.

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