A characteristic common to governmental and not-for-profit organizations is that they do not exist to provide goods or services at a profit or profit equivalent.

Question

Quizplus · Accepted Answer

Governmental and not-for-profit organizations exist to serve a public or social purpose, rather than to generate profit. They may generate revenue, but any excess funds are typically reinvested into the organization's mission, rather than distributed to shareholders or investors.

A Characteristic Common to Governmental and Not-For-Profit Organizations Is That