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The not-for-profit field comprises of?

1) Organizations that operate for the purpose of making a profit
2) Organizations that operate for the purpose of providing goods and services to the community
3) Organizations that operate for the purpose of promoting social causes
4) Organizations that operate for the purpose of generating revenue

User Jerry Tian
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1 Answer

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Final answer:

The not-for-profit field includes organizations set up to provide services or promote social causes, and any revenue generated is reinvested back into the organization to further its mission.

Step-by-step explanation:

The not-for-profit field comprises organizations that are specifically set up to serve various purposes beyond making a profit. These include providing goods and services to the community, promoting social causes, or addressing educational, charitable, or religious needs. Non-Profit Organizations might generate revenue, but this revenue is not distributed as profit to shareholders; instead, it is reinvested into the organization to expand services or enhance its ability to fulfil its mission. Civic and community non-profit organizations such as welfare groups, churches, hospitals, schools, museums, and similar entities, provide invaluable services to improve the quality of life and address societal needs.

User Gcaprio
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