Examlex
Which one of the following statements is TRUE?
Not-for-profit Organizations
Entities that function with goals beyond profit-making, emphasizing on initiatives related to social, educational, or charity work.
Small Businesses
Enterprises characterized by fewer employees, lower revenue, and smaller scale of operations compared to larger companies.
First Year
The initial period of 12 months from the start of an event, activity, or establishment.
Business Plan
A document that outlines a company's goals, strategies, target market, and financial forecasts, serving as a road map for startup and growth.
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