For profit organization,
Definition of For profit organization:
A company or other organization whose main purpose is to make money (profit), in contrast, a non-profit organization that is focused on only one goal, such as helping the community, instead of just running the organization's money ۔ Most companies that qualify as corporations are not for-profit organizations. It covers everything from retail stores and restaurants to insurance and real estate.
How to use For profit organization in a sentence?
- Many Fortune 500 non-profit organizations are involved. Its main purpose is to generate revenue for the company and its investors.
- If you have a non-profit organization, you should try to ensure a good reputation with your customers.
- It's a non-profit organization, which means they work for money, not for anything, which drives us crazy.
Meaning of For profit organization & For profit organization Definition