Which of the following is a type of organization in the private sector?

The correct answer is a Sole Trader, which represents a type of organization in the private sector characterized by its ownership and operational structure. A sole trader is an individual who runs and owns a business entirely on their own, taking on all risks and rewards associated with the business. This structure is common for small businesses and freelancers, providing flexibility and simplicity in terms of management and taxation.

In contrast, other options present different organizational structures. A public corporation typically involves government ownership or holding significant public shares, thus aligning it with the public sector. A government agency is a part of the public sector and operates under government regulations, serving public interests rather than profit. Non-profit organizations also do not primarily focus on profit generation. Instead, they operate to fulfill a social mission or advocacy, relying on donations and grants to fund their activities without the intent of distributing surplus funds to owners or shareholders. Thus, the sole trader stands out distinctly as a private-sector entity, focused on individual entrepreneurship.