The most important difference between these two kinds of
entities is that non-profit organizations, of course, are not trying to make any
profit. They, therefore, do not have the same goal that corporations
have.
However, this is not the only difference. Another
important difference is in the sorts of goods and services that they produce.
Non-profits are generally trying to produce some sort of public good such as clean air
or better schools. This is different from the consumer or capital goods that are
usually produced by for-profit organizations. Another difference is in the type of
labor that the entities use. Non-profits rely to a large degree on donated volunteer
labor.
There are a number of other differences as well, but
these are the major ones. Please follow the link to see more.
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