What is the term used to describe an organization that provides goods and services?

The term that describes an organization that provides goods and services is "Business." In the field of business management, the term encompasses a wide range of entities, from small sole proprietorships to large multinational corporations, that engage in economic activities aimed at generating profit through the sale of products or services.

A business can take various forms, including retail, manufacturing, services, or a combination of these. The main characteristic that unites all these different entities is their common goal of offering goods and services to meet the needs of consumers. This fundamental aspect distinguishes a business from other types of organizations, like non-profits or governmental entities, which may not primarily focus on profit generation.

While the other terms, such as corporation, enterprise, and firm, can also refer to specific types of businesses or organizations, "Business" is the most encompassing term that accurately identifies any organization operating within the market to provide goods or services.