which of these organizations is also organized as a for-profit business? course hero

What is a non-profit organization?

Non-profit organizations usually have other non-business goals, such as helping the community. We can write the term either with or without a hyphen, i.e., ‘ for profit ‘ or ‘ for-profit .’

What are the different types of for-profit organizations?

For-profit organization types. For-profit organizations can be either private or public companies. Public companies. A public company is a for-profit organization whose shares members of the public can buy on a stock exchange. We can also purchase public company shares over-the-counter.

What is the purpose of a for-profit organization?

The for-profit organization is a vital part of a capitalist, free-market economy. Apart from providing income for the government in the form of corporate tax, it also provides jobs. For-profit organizations seek to generate income for their owners.

Can a for-profit organization have profit-sharing?

“The owners can decide to keep all the profit themselves, or they can spend some or all of it on the business itself.” Owners of for-profit organizations might also share some of their profit with their workers. In other words, they can have a profit-sharing scheme. The for-profit organization is a vital part of a capitalist, free-market economy.

Margaret's Bio

Margaret Windle is 66 years old today because Margaret's birthday is on 02/08/1954. Previously city included Canoga Park CA. Margaret also answers to Margaret N Sorley, Margaret Mary Windle, Margaret M Windle, Margaret M Sorley and Margare Windle, and perhaps a couple of other names. Right now Margaret is a school and church volunteer at none.

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For-Profit Organization – Income

For-Profit Organization Types

• For-profit organizations can be either private or public companies. A public company is a for-profit organization whose shares members of the public can buyon a stock exchange. We can also purchase public company shares over-the-counter. The stocks of a typical public company belong to many different investors. Members of the public, corporations, ...

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Video – The For-Profit Organization