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Profit and Non-Profit Organisations
Quiz by Sushila Yadav
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40 questions
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- Q1Which of the following is a characteristic of a profit organization?Providing free servicesEarning revenueFunding through donationsOperated by volunteers30s
- Q2Which of the following is a characteristic of a non-profit organization?Selling products for profitMaximizing profitsFocusing on shareholder valueOperating for charitable purposes30s
- Q3What is the primary goal of a profit organization?Obtaining donationsMaximizing financial returnsServing the communityProviding free services30s
- Q4What is the main source of funding for non-profit organizations?Government fundingSales revenueInvestmentsDonations30s
- Q5Which of the following statements is true about profit organizations?They operate for charitable purposesThey are tax-exemptThey rely solely on government fundingThey distribute profits to shareholders30s
- Q6Which of the following is a primary objective of non-profit organizations?Maximizing profitsAdvancing a social causeIncreasing shareholder valueGrowing market share30s
- Q7Which of the following is a common source of revenue for profit organizations?Charitable donationsVolunteer workGovernment grantsSales of products or services30s
- Q8What is a key difference between profit and non-profit organizations?Profit organizations rely on donations, while non-profit organizations rely on sales.Profit organizations operate for charitable purposes, while non-profit organizations maximize shareholder value.Profit organizations aim for financial gain, while non-profit organizations aim for social impact.Profit organizations have volunteer workers, while non-profit organizations have paid staff.Profit organizations are tax-exempt, while non-profit organizations are profit-driven.30s
- Q9What is the main goal of a non-profit organization?Attracting investorsMaximizing revenueGenerating profitsAchieving a social mission30s
- Q10What is a private sector enterprise?A company or business that is owned and operated by private individuals or shareholders.A company owned and operated by the government.A non-profit organization.A company that primarily sells goods or products to other businesses.30s
- Q11Which of the following is NOT a characteristic of private sector enterprises?A company that is owned and operated by private individuals.A company that is driven by profit motives.A company that is owned and operated by the government.A company that operates in a competitive market.30s
- Q12What is the primary goal of a private sector enterprise?To minimize costs and maximize efficiency.To maximize profits and generate returns for its stakeholders.To promote social welfare and equity.To provide services to the public at a low cost.30s
- Q13What is the difference between a private sector enterprise and a public sector enterprise?A private sector enterprise operates in a competitive market, while a public sector enterprise operates in a monopoly.A private sector enterprise focuses on social welfare, while a public sector enterprise focuses on generating profits.A private sector enterprise is funded by donations and grants, while a public sector enterprise is funded by private investors.A private sector enterprise is owned and operated by private individuals or shareholders, while a public sector enterprise is owned and operated by the government or a government-controlled entity.30s
- Q14Which of the following is an example of a private sector enterprise?A non-governmental organization (NGO).A multinational technology company.A public university.A government-run healthcare facility.30s
- Q15Which of the following is a characteristic of Public Sector Enterprises?They are privately owned.They operate solely for profit.They are exempt from government regulations.They are owned and controlled by the government.30s