Which of the following would not consider profit to be a main goal? Not-for-profit organizations, private organizations, corporations.
1 Answer
Dec 24, 2017
From the list, only "not-for-profit" organizations would NOT necessarily put profits as a main goal.
Explanation:
Care must be taken in assuming or relegating motives to companies on the basis of their titles - or even stated goals. Many "not-for-profit" organizations are far from altruistic!
The definition simply means that the organization itself does not show any "profit". Yet, the "employees" or Board Members may extract huge salaries, leaving very little actually left for the public "goals" used to generate support.