Sunday, February 27, 2011

Voluntary Organisations

Identify and explain three differences between voluntary bodies/community enterprises and
commercial business enterprises.

Three differences:

Commercial enterprises
1.      Have profit motive
2.      Self financing
3.      Paid employees
4.      Aim is to produce a product
5.      Benefits owners/investors

Voluntary bodies/community enterprises
1.      Non profit motive
2.      Fundraise/rely on donations or grants
3.      Mainly staffed by volunteers
4.      Aim is to help others
5.      Benefits the community