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True or false: Both for-profit and nonprofit businesses have the same goal of earning a profit
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3 votes
3 votes
True or false: Both for-profit and nonprofit businesses have the same goal of earning a profit

User Yichuan Wang
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2 Answers

12 votes
12 votes
it’s false
each of them have a different reason of being a business, profit is obviously for money but non-profit is more for of a cause to help or change
User Lyjackal
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3.2k points
10 votes
10 votes

Answer:

no

Step-by-step explanation:

profit businesses have the only motive to gain profit whereas non profit businesses main motive is to provide the supply of goods and services to the general public.....without a fee

User Fariya Rahmat
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2.9k points
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