However they have only one real goal which is to earn money (Jossey, 1999, P 325-35).
• Public company: This type of organizations whose purpose of existence is to provide jobs and other benefits to public of the society. These organizations mostly controlled by government but a good percentage of these organizations share are owned by peoples of society in which it runs.
• Government: Government organizations are always ruled by the government officials. The purpose of existence of this type of organizations is to provide money to the government so that it can perform their function effectively and serve peoples of society with economic development and number of jobs (Bruns, 1993, P 101-113).
• Voluntary organization: These organizations work voluntarily for government or for good cause. Their goals are different but purpose is to provide help to other organizations so that they can effectively work.
• Charitable organization: These types of organizations have only one purpose to support peoples who cannot work or poor in wealth. They based on the charity given by government or other stable organizations for supporting mankind or for any other good cause.
1.2 Describe the extent to which an organisation meets the objectives of different stakeholders .
Stakeholders are the individuals or groups who have interest and/or influence over the organization and its action.Marquiset al(2009, p276) points out that "stakeholders have interests in what the organizations does but may or may not have the power to influence the organization to protect their interest. Stakeholder's interests are varied. However, and their interest may coincide on some issues and not others". Therefore a company should have different objectives towards different stakeholders.
There a 2 types of stakeholders, internal and external:.
Internal stakeholder–Someone who works for the interest of a company, or someone who expects a reward, salary or benefit from the company.
