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Question
Motive of not-for profit organisation is _______ and that of profit organisation is ______.
Motive of not-for profit organisation is _______ and that of profit organisation is ______.
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Solution
The correct option is A Service; profit
Motive of
not-for profit organization is service and that of profit organization
is profit. Source of income for non-profit organization is in the form
of donation, subscription and membership fee. A charitable organization
or charity is a non-profit organization (NPO) whose primary objectives
are philanthropy and social well-being.
Motive of not-for profit organization is service and that of profit organization is profit. Source of income for non-profit organization is in the form of donation, subscription and membership fee. A charitable organization or charity is a non-profit organization (NPO) whose primary objectives are philanthropy and social well-being.
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