Ask Question
2 March, 09:35

What are organizations that are in the business of benefiting society and operate like a business called

+2
Answers (1)
  1. 2 March, 11:34
    0
    Nonprofit organisation

    Explanation:

    A nonprofit organisation is also known as nonbusiness entity is dedicated to promoting a social cause by taking surplus in the society to further a particular objective. Nonprofit organisations are usually exempt from tax for the contributions they receive.

    There are not accountable to shareholders but rather to donors, volunteers, program recipients, and the community at large.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What are organizations that are in the business of benefiting society and operate like a business called ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers