SOCIAL ENTREPRENEURSHIP
DEFINITION OF SOCIAL ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not true about nonprofit organizations?
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they can sell goods and services
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they operate to serve the good of society
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they have no costs
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they can make a profit
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Explanation:
Detailed explanation-1: -Corporation, Audit firms and Insurance companies work for profit motive. They can not be considered as Non-profit organizations.
Detailed explanation-2: -Which of the following is true of nonprofit organizations? Their fundamental goal is to contribute to the community.
Detailed explanation-3: -Charitable organisation is generally considered as a non profit oriented organisation.
There is 1 question to complete.