A charitable organization is classified as a business firm if it provides physical goods,but not if it provides only services.

Name: A charitable organization is classified as a business firm if it provides physical goods,but not if it provides only services.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

A charitable organization is not classified as a business firm regardless of whether it provides physical goods or services. Charitable organizations are non-profit organizations that are set up to benefit society, not to earn profits.

A Charitable Organization Is Classified as a Business Firm If