answersLogoWhite

0

Hi - if the organisation is a profit making company and all of its profits go to shareholders then that is still classed as a business. However if the organisation makes profits but a large (usually over 50)% (or all) of these profits are re-invested into the community then that is called a Community Interest Company. This is in the UK by the way.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Other Business

What are organization that are in the business of benefiting society and operate like a business called?

Nonprofit Organizations.


Who is a drone entrepreneur?

Drone Entrepreneurs suffer losses, as they refuse to make any modifications in the existing production methods. These entrepreneurs are conservative or orthodox in outlook. They never like to get rid of their traditional business and traditionalk machineries or systems of the business. They always feel comfortable with their old-fashioned tecnology of production even though the environment as well as the society have undergone considerable changes. They are laggards as they continue to operate in their traditional way and resist changes. Drone Entrepreneurs suffer losses, as they refuse to make any modifications in the existing production methods. These entrepreneurs are conservative or orthodox in outlook. They never like to get rid of their traditional business and traditionalk machineries or systems of the business. They always feel comfortable with their old-fashioned tecnology of production even though the environment as well as the society have undergone considerable changes. They are laggards as they continue to operate in their traditional way and resist changes.


What are the requirements for running a daycare business?

There are many more requirements for a daycare business than for most other types of businesses. First you need a business license from your local city hall, usually under $75, next a business checking account, then you must go to your local police department to be finger printed and register you and the business and last you must contact the state government you want to operate in to obtain the requirements from them. You will want to get a commercial insurance policy to cover yourself when you have walk in public. Although it is a lot of work if you truly have a passion to do this it will payoff and there will always be a demand for great quality daycare in our society. Good Luck to you!


Does a fraternal benefit society insurance providers operates on a for profit basis?

No, fraternal benefit societies do not operate on a for-profit basis. Instead, they are nonprofit organizations that provide insurance and other benefits to their members, who typically share a common bond, such as religious affiliation or ethnicity. Any surplus generated is often reinvested into the organization or distributed to members in the form of benefits, rather than distributed to shareholders as profit.


They invest in companies with a business model and social mission that they support?

One of the social responsibilities of corporations is that they invest in companies with a business model and social mission that they support. In so doing they give back to the society.

Related Questions

What are organization that are in the business of benefiting society and operate like a business called?

Nonprofit Organizations.


What are organizations that are in business of benefiting society and operate like a business called?

Hi - if the organisation is a profit making company and all of its profits go to shareholders then that is still classed as a business. However if the organisation makes profits but a large (usually over 50)% (or all) of these profits are re-invested into the community then that is called a Community Interest Company. This is in the UK by the way.


What are geared towards benefiting society?

Many things are geared towards benefiting society. For example, rules and regulations benefit society. If there were no rules, we'd have chaos. Also, free healthcare is now also geared toward benefiting society, particularly those who are uninsured previously.


What are the roles of business organizations in the society?

ium120263762campus.ium.edu.na


What is the role of business organisations in society?

The role of business organizations are to provide products and services to the public and private sectors of the economy.


What organizations are represented in the executive board of the National Business Education Association?

The executive board also has representatives from two organizations, the National Association for Business Teacher Education (NABTE) and the International Society for Business Education.


What is geared towards benefiting society?

Volunteer work is geared toward benefiting society. It gives people a chance to work together and provide something one might not otherwise have.


How can you find some middle ground in this debate to show that both business people and those who work for nonprofit organizations contribute to society and need to work together more closely to help?

One way to find some middle ground the in debate to show that both business people and those who work for nonprofit organizations contribute to society and need to work together more closely to help is by business people giving the nonprofits money. Everyone must work together to help the needy. Nonprofits have to have money in order to operate properly.


What are 4 kinds of organizations of government and society?

What are 4 different kinds of organizations and society?


Full form of ISBT?

Inter-State Bus Terminal in Governmental->Transportation International Society for Biological Therapy in Community->Non-Profit Organizations International Society of Beverage Technologists in Community->Non-Profit Organizations International Society of Blood Transfusion in Community->Non-Profit Organizations or Governmental->FDA International Student Badminton Tournament in Community->Sports Iowa State Bank & Trust Company in Business->Firms


How does business and accounting affect the society?

how does business and accounting affect in the society


What do you think is the business organization primary responsibility to it's stakeholders and why?

A business organization's primary responsibility to its stakeholders is to create value while ensuring ethical practices and transparency. This involves balancing the interests of shareholders, employees, customers, and the community, as their collective well-being is essential for sustainable success. By prioritizing stakeholder engagement and fostering trust, organizations can drive long-term growth and resilience, ultimately benefiting all parties involved. This approach not only enhances reputation but also mitigates risks and promotes a positive impact on society.