Business Studies · Forms of Business Organisation
Are the following statements true or false? Statement 1: Not-for-profit organisations (NFPs) have varied objectives, which depend on the needs of their members or the sections of society they were created to benefit. Statement 2: The primary objective of government-funded organisations is to reduce costs of their operations and thus minimise the burden on tax payers.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1False - 1, True - 2
- 2True - 2, False - 2
- 3True - 1, False - 2✓
- 4True - 2, False - 1
Correct answer
True - 1, False - 2
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