Asked Nov 23, 2019

State a feature that distingues between a Non-trading Organization from a commercial organization.


Expert Answer

Step 1

Non-Trading Organization

A business concern is an organization involved in activities of buying or selling goods and services with a view of making a profit. There are association, clubs or societies which are not formed for the purpose of making profit.

Step 2

Commercial Organization

A commercial organization is a group with a particular set of skills, resource or priorities in place geared toward turning a profit. The residual income left...

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