ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The American Red Cross is an example of a(n) corporation.
A
hybrid
B
nonprofit
C
ā€œSā€
D
ā€œCā€
Explanation: 

Detailed explanation-1: -The relationship between the American Red Cross and the federal government is unique. We are an independent entity that is organized and exists as a nonprofit, tax-exempt, charitable institution pursuant to a charter granted to us by the United States Congress.

Detailed explanation-2: -The International Committee of the Red Cross is an impartial, neutral and independent organization whose exclusively humanitarian mission is to protect the lives and dignity of victims of armed conflict and other situations of violence and to provide them with assistance.

Detailed explanation-3: -The American Red Cross, a humanitarian organization led by volunteers and guided by its Congressional Charter and the Fundamental Principles of the International Red Cross and Red Crescent Movement, will provide relief to victims of disasters and help people prevent, prepare for and respond to emergencies.

Detailed explanation-4: -National Red Cross and Red Crescent Societies are neither governmental institutions nor wholly separate non-governmental organizations (NGOs). Rather, they are auxiliaries to the public authorities in the humanitarian field.

Detailed explanation-5: -The Indian Red Cross is a voluntary humanitarian organization having a network of over 1100 branches throughout the country, providing relief in times of disasters/emergencies and promotes health & care of the vulnerable people and communities.

There is 1 question to complete.