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Which statement about recreational activities is incorrect?
Nonprofit Organization
An entity that operates for a collective, public or social benefit, rather than to generate profit for owners or investors.
Overseas Subsidiaries
Companies owned or controlled by a parent company but located in a different country, often used to enter or expand in foreign markets.
Revenue-generating Holdings
Assets or investments that generate income or profit for a business or individual.
Equipment-based Services
Services that primarily rely on physical machinery and equipment to deliver value to customers, such as laundry, photography, or heavy machinery operations.
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