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Q1.
What are a profit seeking organisation?
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Organisations which are established and operated primarily with the motive of earning profits may be described as profit seeking organisations.
Q2.
Explain a non-profit organisation. Give one example.
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answer not shownQ3.
Give two examples of non-profit organisations.
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answer not shownQ4.
What is a charitable organisation?
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answer not shownQ5.
Distinguish between profit and non-profit organisations.
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