which of the following business establishment are not motivated mainly by profit?
Answer Details
Cooperatives are not motivated mainly by profit.
Cooperatives are business establishments owned and operated by a group of individuals with shared interests, such as farmers or workers. They are motivated by the principle of cooperation and mutual assistance, rather than solely by profit. In a cooperative, members pool their resources and share in the profits or benefits generated by the enterprise. The ultimate goal is to benefit the members, rather than to maximize profits for outside investors or owners. While cooperatives may generate profits, these are typically reinvested in the business or distributed among the members, rather than being used solely for the benefit of owners or shareholders.