Definition of Commercial Organization
By Joshua Wallace, eHow Contributor * * * Share * * Print this article
The term commercial organization is general and applies to any group(s) with a particular set of skills, priorities, strategies, and resources that organize to collectively achieve the "specific aim" of making a profit. Ultimately, the first concern of commercial organizations is to make a profit for the owner, shareholders, or both, by providing products and services.
To properly understand what a commercial organization is requires being aware of the many "for profit" activities commercial organizations participate in. Although not an exhaustive list, notable types of commercial organizations specialize in entertainment, commercial broadcasting, banking, agriculture and organized crime.
Other People Are Reading * Types of Non Profit Organizations * "Business Organization" Definition 1. Entertainment * The majority of entertainment organizations produce, provide or otherwise aid in the production or creation of entertainment activities for customers in hopes of realizing a profit. Examples of commercial organizations implementing entertainment business models are nightclubs, sport activities, live music venues and movie theaters. The common theme uniting these examples are the physical locations where customers actually "go to" and "pay for" the particular type of entertainment.
Broadcasting
* Commercial broadcasting involves selling advertisements (airtime) to other entities, and in so doing, making a profit. Business models for commercial broadcasting organizations may also include pay-per-view television programming and donation-based models. Although commercial broadcasting organizations contribute significantly to entertainment activities, two main factors set commercial broadcasting