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प्रश्न
‘Not for profit concerns’ do not have profit motive.
पर्याय
Agree
Disagree
MCQ
चूक किंवा बरोबर
उत्तर
I Agree with the given statement.
Explanation:
‘Not for Profit Concerns’ are organizations established with the primary objective of providing social, educational, charitable, or welfare services rather than earning profits. Their main focus is on serving society, and any surplus generated is reinvested in the organization rather than distributed as profit. Hence, they do not have a profit motive.
shaalaa.com
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