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Some are for profit and others are government agencies (not for profit).

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Would the electric company be a nonprofit or a profit organization?

Electric company is a profit organization now a days the share of electric companies increases very rapidly. Only Cooperative socities are nonprofit organizations.


Would the electric company most likely be a profit or nonprofit corporation?

An electric company can be either profit or non-profit. If it is listed on the stock exchange, it has shareholders who expect a profitable return on their investment. If it is a Co-op, or consumer/customer owned, then it is non-profit and operated for their benefit as opposed to a profit.


Would the electrical company be a nonprofit or profit corporation?

The electrical company is a profit corporation. Such a company will provide electrical services which may be difficult without a profit factor so it is almost impossible to have non-profit electrical company.


What is the difference between for profit and non profit stakeholders?

Profit stakeholders have a financial interest in the company doing well, such as a vendor. A nonprofit stakeholder simply wants the company to do well, such as the community in which the company resides.


Would this company most likely be a profit or nonprofit corporation?

To determine whether a company is most likely a profit or nonprofit corporation, consider its primary objectives. Profit corporations aim to generate revenue for shareholders, focusing on financial gain and market competition. In contrast, nonprofit corporations typically prioritize social, educational, or charitable missions, reinvesting any surplus funds into their initiatives rather than distributing profits to owners or shareholders. Analyzing the company's mission statement and activities can provide clarity on its classification.

Related Questions

Would the electric company be a nonprofit or a profit organization?

Electric company is a profit organization now a days the share of electric companies increases very rapidly. Only Cooperative socities are nonprofit organizations.


Would the electric company b most likely be a profit or nonprofit corporation?

A utility company is a profit making corporation. They distribute electricity or other resources for a fee, and the proceeds only benefit investors and employees.


Would the electric company most likely be a profit or nonprofit corporation?

An electric company can be either profit or non-profit. If it is listed on the stock exchange, it has shareholders who expect a profitable return on their investment. If it is a Co-op, or consumer/customer owned, then it is non-profit and operated for their benefit as opposed to a profit.


Is macdonalds a for-profit or Non-Profit or Not-for-profit organization?

McDonald's is a for profit company. It is not a nonprofit or a not for profit, which are synonyms.


Is the institute for defense and government advancement idga a profit or nonprofit company?

For profit.


What is nonprofit stock?

There is no such thing as non profit stock. Stock implies ownership in a for profit company.


Would the electrical company be a nonprofit or profit corporation?

The electrical company is a profit corporation. Such a company will provide electrical services which may be difficult without a profit factor so it is almost impossible to have non-profit electrical company.


Is apple a nonprofit company or profit?

Apple is a profitable company. They usually make between 1 and 1.5 billion Dollars profit every quarter.


Is coca cola a profit or nonprofit organization?

The Coca-Cola company would be a for-profit. non-profit organizations are really only for foundations.


What is the difference between for profit and non profit stakeholders?

Profit stakeholders have a financial interest in the company doing well, such as a vendor. A nonprofit stakeholder simply wants the company to do well, such as the community in which the company resides.


I'd like to find employment with a nonprofit company. Will these job opportunities generally pay?

Most nonprofit companies have paid positions. The nonprofit part refers to the company not making a profit beyond what it takes to run things.


Is Wendy's a nonprofit company?

Nope. They are in business (like most companies) to make a profit. In 2015, they made a profit of $274.5 million.