Enterprise Flashcards
1
Q
What are not for profit organisations?
A
They are businesses that don’t aim to make money( profit)
2
Q
Give three examples of not for profit organisations
A
Charities
Co operatives
Social enterprise
Societies
3
Q
Name the key features of social enterprise?
A
A business with a primarily social objective
Profits are mostly reinvested for that purpose
Operate in the third sector ( neither public or private)
Attempt to change life for the better
4
Q
What do charities aim to do
A
Collecting money from individuals and spending it on a cause
