CA Foundation Exam  >  CA Foundation Questions  >  What is the primary motive behind a not-for-p... Start Learning for Free
What is the primary motive behind a not-for-profit organization?
  • a)
    To generate profit for shareholders
  • b)
    To serve the society or its members
  • c)
    To benefit a sole proprietor
  • d)
    To engage in commercial activities
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is the primary motive behind a not-for-profit organization?a)To g...
A not-for-profit organization operates to serve society or its members, rather than focusing on profit generation. This is a fundamental distinction from for-profit businesses that aim to maximize shareholder wealth.
View all questions of this test
Explore Courses for CA Foundation exam
What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer?
Question Description
What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer?.
Solutions for What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the primary motive behind a not-for-profit organization?a)To generate profit for shareholdersb)To serve the society or its membersc)To benefit a sole proprietord)To engage in commercial activitiesCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev