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Do governmental units seek to make a profit?

Governmental units typically do not seek to make a profit in the same way that private businesses do. Their primary goal is to provide services and meet the needs of the public, funded through taxes, fees, and grants. While they may aim for efficiency and cost-effectiveness, any surplus revenue is usually reinvested into public services rather than distributed as profit.


A firm that does not seek to make money is a what?

Not-for-profit organization


What do you understand by profit oriented and non profit oriented entities?

A profit oriented entity is one whose goal is to make profits from its services or products. A non profit entity is one that does not necessarily seek to make profit but has set out other goals.


Why does a company seek to make a profit every year?

After all the employees and the expenses have been paid off the profit is used to improve the company or its also how the owners make money


Why did European government seek out colonies?

to expand land and get a profit


Why do governmental laws seek to restrict monopolies and cartels benefit consumers and businesses?

To prevent inflation growth.


What was the colony of Maryland founded for?

As a haven for English Catholics and to seek a profit.


What was the Maryland colony founded for?

As a haven for English Catholics and to seek a profit.


What is one effect of the profit motive?

It pushes companies to seek to eliminate competition.


What are Public schools charities and government agencies generally?

Do not seek to earn a profit


What is the goal the non-governmental organizations seek?

Non-governmental organizations (NGOs) typically seek to address social, environmental, or humanitarian issues by providing services, advocating for policy changes, raising awareness, and promoting sustainable development. Their goal is to create positive impact, empower communities, and improve the quality of life for marginalized or vulnerable populations.


Are firewalls between condo units a requisite?

Your local building code can give you the answer you seek.