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Non-Profit

Not all businesses have the mindset of maximising their profits. For instance, most government organisations and charities do not aim to bring in as much revenue as possible. These organisations earn revenue but do not pay any of it to the owners. Instead, not-for-profit organisations tend to focus on social objectives rather than monetary ones.

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  • Immunology
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Who funds public sector organisations?

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  • Immunology
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Which one of the following statements holds true for public services?Public services only serve local governments.Public services only serve national governments.Public services serve the whole nation. Public services only serve local communities.

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Mutual benefit organisations work for the benefit of a few selected members

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Which type of non-profit promotes or lobbies for a certain social cause or political movement?

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A labour union and a Chamber of Commerce are examples of ...

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Which of the following statements about non-profit organizations is true?They do not make any profits. Stakeholders are not involved in the business. They do not distribute profits. They can only be established as hobbies. 

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Which one of the following statements is correct?Non-profit organizations are all charities. Non-profit organizations only benefit their members and donors. Non-profit organizations do not make any profits.Non-profit organizations aim to benefit the community. 

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Which of the following statements about co-operatives is false?They are run for the benefit of the government.Co-operative are a common type of mutual business. Co-operatives must represent social responsibility. Co-operatives are run by members who each have a say in the management of the business.

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Which one of the following does not make up one of the ethical values ​​of a co-operative?Honesty Social responsibility AdaptabilityOpenness

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Non-profits are set up because owners are passionate about a particular cause. 

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What is not a characteristic of a non-profit organisation?

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  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

Who funds public sector organisations?

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

Which one of the following statements holds true for public services?Public services only serve local governments.Public services only serve national governments.Public services serve the whole nation. Public services only serve local communities.

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

Mutual benefit organisations work for the benefit of a few selected members

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

Which type of non-profit promotes or lobbies for a certain social cause or political movement?

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

A labour union and a Chamber of Commerce are examples of ...

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

Which of the following statements about non-profit organizations is true?They do not make any profits. Stakeholders are not involved in the business. They do not distribute profits. They can only be established as hobbies. 

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

Which one of the following statements is correct?Non-profit organizations are all charities. Non-profit organizations only benefit their members and donors. Non-profit organizations do not make any profits.Non-profit organizations aim to benefit the community. 

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

Which of the following statements about co-operatives is false?They are run for the benefit of the government.Co-operative are a common type of mutual business. Co-operatives must represent social responsibility. Co-operatives are run by members who each have a say in the management of the business.

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

Which one of the following does not make up one of the ethical values ​​of a co-operative?Honesty Social responsibility AdaptabilityOpenness

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

Non-profits are set up because owners are passionate about a particular cause. 

Show Answer
  • + Add tag
  • Immunology
  • Cell Biology
  • Mo

What is not a characteristic of a non-profit organisation?

Show Answer

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StudySmarter Editorial Team

Team Non-Profit Teachers

  • 6 minutes reading time
  • Checked by StudySmarter Editorial Team
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Contents
Contents

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    Flashcards in Non-Profit 13

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    Who funds public sector organisations?

    National or local government

    Which one of the following statements holds true for public services?

    1. Public services only serve local governments.

    2. Public services only serve national governments.

    3. Public services serve the whole nation. 

    4. Public services only serve local communities.

    C.

    Mutual benefit organisations work for the benefit of a few selected members

    True

    Which type of non-profit promotes or lobbies for a certain social cause or political movement?

    Advocacy organisation

    A labour union and a Chamber of Commerce are examples of ...

    Mutual benefit organisations


    Which of the following statements about non-profit organizations is true?

    1. They do not make any profits. 

    2. Stakeholders are not involved in the business. 

    3. They do not distribute profits. 

    4. They can only be established as hobbies. 

    C.
    Non-Profit Non-Profit
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    Frequently Asked Questions about Non-Profit

    What is a non-profit organization?

    The non-profit organisations earn revenue but do not pay any of it to the owners. These are separate legal entities.

    What is a non-profit?

    The non-profit organisations earn revenue but do not pay any of it to the owners. These organisations operate for social causes and not to earn profits.

    Can non-profits pay volunteers?

    Volunteers work for the cause and the work is mostly unpaid apart from operational costs.

    How does a non-profit work? 

    A non-profit organisation focuses on a specific social cause. They use their revenues to pursue a social cause, donate the money to a social objective, pay for the costs of their operations, and advocate for their cause. 

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    Who funds public sector organisations?

    Which one of the following statements holds true for public services?Public services only serve local governments.Public services only serve national governments.Public services serve the whole nation. Public services only serve local communities.

    Mutual benefit organisations work for the benefit of a few selected members

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    StudySmarter Editorial Team

    Team Business Studies Teachers

    • 6 minutes reading time
    • Checked by StudySmarter Editorial Team
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