Question

Explain in brief the features of non-profit organization
Commerce subject ​

Answer 1

Answer:

Profit organizations differ from the non-profit ones in a number of ways, such as their procedure of fees for creation, tax benefit allowed to non-profit organisation but not to their counterpart for promoting public service, profit organisations are traded in stock exchange, ownership of a profit organisation lies ...

thank you

Answer 2

Answer:

$\rm \blue{features}$

SERVICE

• the basic aim of the organization is to serve the society
• they work for the benefit of the society

PROFIT IS NOT THE CRITERION

• the organizations are formed for idealistic purposes
• earning can never be the aim