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प्रश्न
‘Not for profit’ concerns have profit motive.
पर्याय
Agree
Disagree
MCQ
चूक किंवा बरोबर
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उत्तर
I disagree with the given statement.
Explanation:
‘Not for profit’ organizations do not exist to earn profits. Their main objective is to serve the community or promote a cause such as education, health, or social welfare. While they may generate income through donations, grants, or services, this income is reinvested into the organization’s mission and not distributed as profit. Therefore, they do not have a profit motive, unlike for-profit businesses.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
