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'Partnerships are not-for-profit entities'. True or false?
Suggested Answer: C, D
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To gain market share and to create shareholder value (increase the value of shares) are common aims of private sector organisations.
The other two answers are the antithesis of what firms usually want.
37 comments · newest first
CL
Clarence
11 months ago
I thought all partnerships were non-profit, interesting!
NG
Ngoc
11 months ago
False, many partnerships are profit-driven.
DO
Dorethea
12 months ago
Wait, are you sure about that?
UL
Ulysses
12 months ago
Totally agree, it's definitely false!
BE
Bernardo
1 year ago
Partnerships can be for-profit or not-for-profit.
PA
Pansy
1 year ago
I think I read that partnerships are typically for profit, but I could be mixing it up with non-profits.
JA
Jackie
1 year ago
I’m not entirely sure, but I feel like there are some partnerships that operate for profit, so maybe it’s false?
LA
Laurel
1 year ago
I remember a practice question about different business structures, and it mentioned that partnerships can be for profit.
ST
Stefany
1 year ago
I think partnerships can actually make a profit, so I’m leaning towards false.
SA
Sang
1 year ago
I'm leaning towards false, but I want to double-check the definition of a partnership to be sure.
PA
Patti
1 year ago
Easy one - partnerships are business entities that can earn a profit, so the statement is false.
CE
Celeste
1 year ago
Hmm, I'm a bit confused. I'll have to review my notes on the characteristics of partnerships.
PA
Paris
1 year ago
I'm not sure about this one. I'll need to think it through carefully.
JA
Javier
1 year ago
Partnerships can definitely make a profit, so I'm pretty confident the statement is false.
FL
Florinda
1 year ago
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GR
Graham
1 year ago
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FA
Fatima
2 years ago
Partnerships? Non-profit? What is this, opposite day? *chuckles* Gotta stay on my toes for these trick questions.
LE
Leigha
2 years ago
Partnerships are for-profit, not non-profit. This is common knowledge. I'm surprised they're even asking this.
AN
Annice
1 year ago
B) True
LI
Lino
1 year ago
Partnerships are definitely for-profit.
SH
Shanice
1 year ago
A) False
ER
Ernie
2 years ago
Haha, I almost fell for that one. Partnerships are always for-profit, never not-for-profit. The exam writers are tricky!
JE
Jerrod
1 year ago
B) True
WI
Wilda
1 year ago
Partnerships are actually for-profit entities, not not-for-profit.
GE
Gerald
1 year ago
A) False
TH
Thaddeus
2 years ago
True? Wait, what? Partnerships are definitely not non-profit. I need to go back and review my notes.
LU
Lucina
1 year ago
Yes, partnerships are definitely not non-profit.
LE
Leontine
1 year ago
Partnerships are actually for-profit entities.
YO
Youlanda
1 year ago
B) True
LA
Lashandra
1 year ago
A) False
JO
Johna
2 years ago
False, partnerships are for-profit entities. This is a pretty basic question.
IR
Ira
1 year ago
True
GE
Genevive
1 year ago
Partnerships are for-profit entities, not not-for-profit.
CO
Corrie
2 years ago
False
PH
Phuong
2 years ago
True. Partnerships can be formed for charitable purposes, but they can also be for-profit.
LA
Lashanda
2 years ago
False. Partnerships can be for-profit entities as well.
RE
Rebbecca
2 years ago
Partnerships are not-for-profit entities. True or false?