Give two destinctions between a not for profit organisation and a trading organisation
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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.
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A nonprofit organization can be in the form of trust, clubs, society, committee, etc. Profit organizations make the profit by directly/indirectly selling goods or services. Nonprofit organizations can sell goods/services, but they mainly source revenue through donations, subscriptions, or membership fees.
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