Question

details on profit making organization and non profit making organization ​

Answer 1

Answer:

A for-profit organization is one whose main goal is to make money, i.e., make a profit. ... “A for-profit organization exists primarily to generate a profit, that is, to take in more money than it spends.” “The owners can decide to keep all the profit themselves, or they can spend some or all of it on the business itself.”

and

A non-profit organization (NPO) is one which is not driven by profit but by dedication to a given cause that is the target of all income beyond what it takes to run the organization. Non-profit organizations are often used for trusts, cooperatives, advocacy, charity, environmental and religious groups.

Explanation:

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