Name the form of business organization which is not formed for making profit.
Answers
Answer:
cooperative societies
Explanation:
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Answer:
Cooperative societies
Explanation:
Cooperative societies :
Co-operative societies are profit-oriented entities that aim to obtain market and the buyer for the products produced by agricultural and other labor-intensive businesses. the Government of India passed the Multi-State Co-operative Societies Act in 2002 on the recommendations of the Mirdha Committee and the Model Co-operative Societies Act, which is for a democratic and autonomous working of the Co-operatives. A cooperative society is often a voluntary association of individuals who come together to work together and promote their economic interests. These societies work on the core principle of self-help as well as mutual help. The primary goal of society is to provide support to its members.
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