Public sector organizations are not considered to be not-for-profit organizations.

Question

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Public sector organizations can be either for-profit or not-for-profit, depending on their specific charter and purpose. Some public sector organizations, such as public hospitals or schools, may be considered not-for-profit, while others, such as government-owned utility companies or transportation systems, may operate with a profit motive.

Public Sector Organizations Are Not Considered to Be Not-For-Profit Organizations