Which of the characteristics above distinguishes a profit-making from a not-for-profit-making organizations?

(i) Orientation
(ii) Entity
(iii) Legal status
(iv) Finance.

Which of the characteristics above distinguishes a profit-making from a not-for-profit-making organizations?

Options

A) i, ii, iii and iv

B) i, ii, and iii

C) ii, and iii >>>>>>>>>>

D) i and ii

The correct answer is C.

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