An organization refers to a structured group of people with a common purpose who work together towards achieving specific goals. It can be formal (such as corporations or government agencies) or informal (like social groups).
Related terms
Non-profit Organization: An organization that operates for purposes other than making profits and typically focuses on social causes.
Multinational Corporation (MNC): A corporation that operates in multiple countries, often with subsidiaries or branches in different parts of the world.
Bureaucracy: A hierarchical administrative system with defined roles and procedures commonly found in government agencies or large organizations.