ICSE Class IX Commercial Studies Solutions

Displaying 5 out of 9 questions & answers.
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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Q3.

Give two examples of non-profit organisations.

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Q4.

What is a charitable organisation?

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Q5.

Distinguish between profit and non-profit organisations.

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