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3 October, 12:44

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

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  1. 3 October, 13:01
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    Nonprofit organisation

    Explanation:

    A nonprofit organisation is also known as nonbusiness entity is dedicated to promoting a social cause by taking surplus in the society to further a particular objective. Nonprofit organisations are usually exempt from tax for the contributions they receive.

    There are not accountable to shareholders but rather to donors, volunteers, program recipients, and the community at large.
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