Nestor Industries, a charity that provides training and employment services to the disabled, is which type of organization?
A. |
Mutual-benefit |
|
B. |
For-profit |
|
C. |
Market |
|
D. |
Nonprofit |
D) Non profit
Non profit organizations are established with the objective of contributing towards the society in the fields of science, religion, education,public safety etc. These NPOs are in the form of cooperatives, religious groups, environmental groups, charity etc. Since in the above scenario Nestor industries is a charity and they are providing such services which contributes towards the betterment of the society, therefore it is a non profit organization.
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