Types of non-profit social enterprises

IB Business Management: Types of non-profit social enterprises

“We make a living by what we get, but we make a life by what we give.” – Sir Winston Churchill (1874 - 1965), British Prime Minister (1940 - 1945 and 1951 - 1955)Some social enterprises are not run for profit, such as non-governmental organizations (NGOs) and charities. However, even these non-profit organizations must earn a surplus from their business in order to continue operating. The difference is that the...

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