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What is the main difference between commercial and non-commercial businesses?
What is the main difference between commercial and non-commercial businesses?
- Commercial businesses generate revenue from fundraising, donations, or government grants, while non-commercial businesses solely rely on profit.
- Commercial businesses do not charge for the services they provide, while non-commercial businesses sell goods and services.
- Commercial businesses aim to earn a profit, while non-commercial businesses do not focus on making a profit. (correct)
- Commercial businesses are set up to meet needs other than making a profit, while non-commercial businesses aim to sell goods and services.
How do non-commercial businesses generate revenue?
How do non-commercial businesses generate revenue?
- Through government grants, fundraising, and donations. (correct)
- By selling goods and services at a lower cost than commercial businesses.
- By investing in the stock market and real estate.
- By charging for the services they provide.
Which organization would be classified as a non-commercial business?
Which organization would be classified as a non-commercial business?
- St Vincent De Paul (charity) (correct)
- Dunnes Stores
- A local bakery
- Amazon
Which type of business does not charge for the services they provide?
Which type of business does not charge for the services they provide?
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From where do non-commercial businesses like St Vincent De Paul generate revenue?
From where do non-commercial businesses like St Vincent De Paul generate revenue?
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What is the main aim of commercial businesses?
What is the main aim of commercial businesses?
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