3
Question
The affairs of the not-for-profit organisations are usually managed by a managing/executive committee elected by its _______.
The affairs of the not-for-profit organisations are usually managed by a managing/executive committee elected by its _______.
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Solution
The correct option is B members
b'Not for Profit
organisations are formed for providing service to specific group or public at large
such as education, health care, sports and so on. These are organised as
charitable trusts/ societies and subscribers to such organisations are called
members. These organisations have service as the main objective. Normally these
organisations do not undertake any business activity and are managed by
trustees/executive committee. these committee is elected by its members.
'
b'
Not for Profit organisations are formed for providing service to specific group or public at large such as education, health care, sports and so on. These are organised as charitable trusts/ societies and subscribers to such organisations are called members. These organisations have service as the main objective. Normally these organisations do not undertake any business activity and are managed by trustees/executive committee. these committee is elected by its members.
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