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    Elizabeth Carter
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    An IBDP-1 worksheet provides questions for students about types of business entities. Students are asked to define non-profit organizations, describe adding value, explain how businesses combine factors of production, distinguish between non-profit social enterprises and for-profit organizations, and explain two objectives of non-profit social enterprises. The document contains assignment details for an international business and management class.

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    An IBDP-1 worksheet provides questions for students about types of business entities. Students are asked to define non-profit organizations, describe adding value, explain how businesses combine factors of production, distinguish between non-profit social enterprises and for-profit organizations, and explain two objectives of non-profit social enterprises. The document contains assignment details for an international business and management class.

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    8 views1 page

    BM Worksheet 1

    Uploaded by

    Elizabeth Carter
    An IBDP-1 worksheet provides questions for students about types of business entities. Students are asked to define non-profit organizations, describe adding value, explain how businesses combine factors of production, distinguish between non-profit social enterprises and for-profit organizations, and explain two objectives of non-profit social enterprises. The document contains assignment details for an international business and management class.

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    of 1

    BUNTS SANGHA'S

    S M SHETTY INTERNATIONAL SCHOOL & JUNIOR COLLEGE


    An IB World School
    (ISO 21001:2018 Certified)
    CAMBRIDGE INTERNATIONAL CENTRE - IN686

    IBDP-1 BM 01

    Name of Student: _______________ Worksheet Date: 21.07.2023

    Topic: Types of business entities Submission Date: 25.07.2023

    Answer all questions from this section.


    a. Define the term non-profit organization (NPO). [2]
    b. Describe the meaning of adding value. [2]
    c. Explain the nature of businesses in combining factors of production to create goods and services. [4]
    d. Distinguish between a non-profit social enterprise and a for-profit organization. [4]
    e. Explain two objectives of non-profit social enterprises [4]

    smsisjc/A/c/01 Page 1

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