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What are organizations that are in the business of benefiting society and operate like a business called?

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Answer:

Hi - if the organisation is a profit making company and all of its profits go to shareholders then that is still classed as a business. However if the organisation makes profits but a large (usually over 50)% (or all) of these profits are re-invested into the community then that is called a Community Interest Company. This is in the UK by the way.

First answer by ID3561644483. Last edit by ID3561644483. Question popularity: 2 [recommend question].

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