Organizations that are formed to offer services to clients and not make a profit are ________, whereas, ________ are those organizations that are formed to make money, or profits, by offering products or services.
A) for-profit organizations; nonprofit organizations
B) unions; associations
C) nonprofit organizations; associations
D) co-ops; for-profit organizations
E) nonprofit organizations; for-profit organizations

Question

Quizplus · Accepted Answer

A nonprofit organization is formed to offer services to some clients, not to make a profit (examples: Goodwill Industries, the Red Cross). For-profit organizations are formed to make money, or profits, by offering products or services.

Organizations That Are Formed to Offer Services to Clients and Not