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What in an economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?

capitalism


Is an economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?

capitalism


What is the economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?

capitalism


What is a nonprofit organizations purpose?

The purpose of a non profit will be different for every non profit.


What is the difference between nonprofit and for-profit organizations?

Nonprofit organizations are focused on a mission to benefit the public good, while for-profit organizations aim to generate profit for their owners or shareholders. Nonprofits do not distribute profits to individuals, while for-profits do.


Common objectives of business organizations?

to offer product or service and get a profit


Why profit is a requirement in business?

There are Non-profit organizations. Ask yourself the questions "Why would I want to do this business?" and you can answer this question. If you still can't, the next question "How can I continue to run this business?" will help.


How do different business organizations operate in the global legal environment and how do domestic and global legal issues impact the various business structures?

Business organizations: * sole proprietorship * general partnership * for profit, non-profit corporation * franchises Research these four organizations because there are way too many to list the legal issues.


What are some examples of non-business organizations?

Non-business or non-for-profit organizations include:airportslibrariesschoolsmuseumsreligious institutionscollegesuniversitiesmunicipal governmentslaw enforcement organizationspostal servicesbus linesutilitieshighwayssheltersparkshospitals


What is business regulatory framework?

any human effort conducted with an idea of earning profit for the benefit of those who conducted the service and has the legal requirement to operate.


Can a 501c3 organization donate funds to a for-profit business?

No, a 501(c)(3) organization cannot donate funds to a for-profit business as it is against IRS regulations for tax-exempt organizations to provide financial support to profit-making entities.


Types of activities performed by business organization?

There a many types of activities performed by business organizations. Some of these activities are sales and marketing's, profit sharing, profit maximization, operations, finance, merchandising, and manufacturing.