It is common belief that an organization when formed serves a basic purpose. It could be that a group of individuals wanting to galvanize efforts to cumulate savings from members of their immediate community seek to establish a cooperative. A cooperative is an organization that is closest to a completely democratic model of organization. Every member has one vote and every major decision is decided upon a general body of members at an annual general meeting. Yet again another individual together with like-minded friends decide to incorporate an entity solely for commercial reasons: to make money for themselves and share the resulting profits after the hard work and diligence. The two examples cited above are at the two extreme ends of the scale--one egalitarian and another pernicious.
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