All of the following statements are correct EXCEPT:
A) Successful businesses seek to meet their social and ethical responsibilities.
B) Business is the economic pulse of a nation.
C) Business includes nonprofit organizations that provide services to the public.
D) Business provides goods and services necessary to an economic system.

Question

Quizplus · Accepted Answer

Nonprofit organizations are not typically classified as businesses because they do not operate with the primary goal of making a profit, even though they provide services to the public.

All of the Following Statements Are Correct EXCEPT