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Question
Which of the following is generally considered as a non-profit oriented organization ?
Which of the following is generally considered as a non-profit oriented organization ?
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Solution
The correct option is A Charitable organization
A Charitable organisation is an organization whose main objective is social well being. Charitable organisations often depend on donations. Corporation, Audit firms and Insurance companies work for profit motive. They can not be considered as Non- profit organizations.
A Charitable organisation is an organization whose main objective is social well being. Charitable organisations often depend on donations. Corporation, Audit firms and Insurance companies work for profit motive. They can not be considered as Non- profit organizations.
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