Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which of the following is NOT a type of company mentioned in the text?
Which of the following is NOT a type of company mentioned in the text?
- Non-profit organization (correct)
- Government-owned company
- Public company
- Private company
What is the main difference between private companies and government-owned companies?
What is the main difference between private companies and government-owned companies?
- Private companies are only allowed to operate in certain industries, while government-owned companies can operate in any industry.
- Private companies have more regulations to follow than government-owned companies.
- Private companies are owned by individuals or groups, while government-owned companies are owned by the state. (correct)
- Private companies have more financial resources than government-owned companies.
What is the purpose of a non-profit organization?
What is the purpose of a non-profit organization?
- To compete with private companies
- To promote social and environmental causes (correct)
- To generate profit for the owners
- To provide goods and services to the public
Flashcards are hidden until you start studying
