Question

state any 2 features of not-for-profit organization?​

Answer 1

Answer:

Two features of not-for-profit organization are:-

1--Main Aim is Service: The basic aim of non-profit organizations is to serve the society.

2--Surplus not Distributed among its Members.

Answer 2

The basic feature of non-profit organizations is to serve the society.

Profit is not the Criterion .

The primary objective of such organizations is to serve society. No surplus gets distributed among its members. Major funding is done by donation and contribution in the non-profit organization. The non-profit organization also considered as a separate legal entity.

Thank you .