Question

Nonprofit organizations interested in achieving both social and economic value are referred to as

Answer 1

Hybrid organizations
They combine traditional models of a profit making organization and they also have the soft spot and touch of an organization pursing modem social welfare model and standards. In order words, they do every thing a conventional organization would do to keep the company, staff and the key performance indicators the company and still maintain their non profit organizational goals.

Answer 2

The answer is that, it referred to as "hybrids".

A nonprofit organization (NPO), or non-business entity, refers to an association or organization which does not convey its surplus pay to proprietors or investors.It utilizes its income or potentially money to accomplish its motivation or mission.The choice to embrace a non benefit lawful structure is one that will regularly have tax reductions. Governments may consider them to be supporting exercises which help the community.
A hybrid organization refers to an association or an organization that blends components, value systems or frameworks and activity rationales (e.g. social effect and profit generation) of different segments of society, i.e. people in general segment, the private division and the voluntary area.