A(n)__________ is a for-profit corporation that uses the power of business to solve social and environmental problems.

Question

Quizplus · Accepted Answer

A benefit corporation is a type of for-profit corporation that prioritizes social and environmental goals alongside profits. It is structured specifically to use business as a tool for addressing social and environmental issues. Close corporation, S corporation, and closely held corporation are all types of corporations that do not necessarily prioritize social and environmental goals over profits.

A(n)__________ Is a For-Profit Corporation That Uses the Power of Business