Which of the following organizations is considered for-profit?

• A. A public university
• B. A charitable foundation
• C. A government agency
• D. A corporation that sells consumer electronics

Answer: (D)

Verified step by step guidance

1. Understand the definition of a for-profit organization: it is an entity that operates to generate profit for its owners or shareholders.
2. Identify the nature of each option: a public university is typically a non-profit educational institution funded by the government; a charitable foundation is a non-profit organization focused on philanthropy; a government agency is a public sector entity that provides services rather than making profits.
3. Recognize that a corporation that sells consumer electronics is a business entity that aims to earn profits by selling goods or services to consumers.
4. Conclude that among the given options, the corporation selling consumer electronics fits the definition of a for-profit organization.
5. Therefore, the correct answer is the corporation that sells consumer electronics because it operates to generate profit.