There are an increasing number of organizations that operate under both nonprofit and for-profit legal forms that are often referred to as:
A) hybrid organizations.
B) social sector organizations.
C) voluntary sector organizations.
D) civil service organizations.

Question

Quizplus · Accepted Answer

Hybrid organizations operate under both nonprofit and for-profit legal forms, meaning they have a dual mission of pursuing both social and financial objectives. This term is commonly used to describe organizations such as social enterprises and benefit corporations. The other options (B) social sector organizations, (C) voluntary sector organizations, and (D) civil service organizations do not accurately describe organizations that operate under both nonprofit and for-profit legal forms.

There Are an Increasing Number of Organizations That Operate Under