Question

For the formative assessment, could you identify an existing organization in an industry of your choice (profit or non-profit) and provide more details about the purpose or objectives of this assessment?

Answer 1

Non-profit organizations are not set up to make a profit, and their purpose is to provide goods and services to improve lives or outcomes. The American Red Cross is an example of a non-profit organization that provides disaster relief and blood donations.

Step-by-step explanation:

A non-profit organization is an organization that is not set up to make a profit. Instead, its purpose is to provide goods and services to their members or participants to better their lives or improve a particular outcome, such as education or health. One example of a non-profit organization is the American Red Cross, which provides disaster relief and supports blood donations. The Red Cross aims to alleviate human suffering and save lives, rather than making a profit.Non-profit organizations like the American Red Cross play a crucial role in society by filling a societal need and contributing to the welfare of the community. They rely on donations and volunteers to carry out their work. People choose to do business with non-profit organizations because they believe in the cause and want to make a positive impact.