Industries & Professions /
Business Administration and Management
All businesses can be defined as organizations that provide customers with the goods and services they want. Most businesses attempt to make a profit, that is, to make more money than it takes to run the business. Some businesses, however, attempt only to make enough money to cover their operating expenses. These businesses, which are often social service agencies, hospitals, foundations, or advocacy groups, are called nonprofits or not-for-profits.