Discuss what it means to be mission driven as opposed to profit driven in 250 – 300 words

Discuss what it means to be mission driven as opposed to profit driven in 250 – 300 words. Give an example of an organization that is mission driven and one that is profit driven, identifying the rationale for your choice. Support your comments with scholarly references and respond to a minimum of two classmates’ postings

First of all For Profit vs. Not-for-Profit Organization is about the following information. A nonprofit organization is formed for the common good of the public. Nonprofit organizations are usually formed for some specific religious, charitable or educational purpose. A for-profit organization may be formed to conduct any number of lawful business activities. The primary reason to form a for-profit organization is to earn a profit for the owners of the company. (Carter, 2015) Since a not-for-profit organization is formed to accomplish a specific task, the profits raised by the organization must be recirculated back into the organization so it is able to fulfill its mission. This m