it is reasonable to assume that charitable organizations have a goal to maximize profits.

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01-11-2021
Business

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it is reasonable to assume that charitable organizations have a goal to maximize profits.

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Tundexiidn Tundexiidn · Answer 1 · 2021-11-05T05:31:13-04:00

it is unreasonable to assume that charitable organizations are established to maximize profits.

A charitable organization refers to those bodies established for social philanthropy and well-being.

An example of charitable organization is the various foundations around us which are established to ensure well-being of the society.

Majority of the charitable organization are established to cater for social needs not for maximization of profit.

Therefore, it is unreasonable to assume that charitable organizations are established to maximize profits.

Learn more about Charitable organization here

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