Read: Chapter 1 & 2 from Health Care Finance Basic Tools For Nonfinancial Managers Sixth Edition Organizations fall into two basic types: Profit and Non-Profit. In each of these groups are subgroups.

Q1. Define the difference between a profit and non-for profit organization, and give an example of each.

Q2. Among the organization types described in the chapter, what type would you like to work for and why?