What Are the Two Hurdles an Entrepreneur Must Overcome to Operate as

question 19

Essay

What are the two hurdles an entrepreneur must overcome to operate as a nonprofit corporation and enjoy tax-exempt status?

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Definitions:

Large Corporations

Very big companies or enterprises that operate in multiple markets, often globally, and have substantial revenues and assets.

Ethical Behavior

Acting in ways consistent with societal norms and values, including honesty, fairness, and integrity.

Affirmative Social Responsibility

A concept where businesses and organizations actively contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices.

Social Problems

Issues within a society that are viewed as undesirable or harmful, often requiring collective solutions.