02 Explain reason why the objectives of a charity might be different from those of a car manufacturer.

[Sir Afzal Shad]

02 Explain reason why the objectives of a charity might be different from those of a car manufacturer. [3]

[Shaliza khawaja]

they might differ as charity aims to help people whereas car manufacturer aims to make profit
for example charity might aim to provide aid to people whereas car manufacturer aims to focus on selling car
every organization allocates its resources accoring to its purpose, this helps them provide publc services and private services and raaise living standards for all the people

[Shuraim Arif]

(KN) Different businesses set different objectives.
(APP) For example, the main objective of a charity may be to reduce poverty in a country whereas, the main objective of a car manufacturing company may be to earn profit by selling their cars.
(AN) This means that different types of businesses would attract different types of customers, with the charity attracting people that want to play an important role in bringing down the poverty rates of a country for example. On the other hand, the customers of the car manufacturing business may be a lot more interested in buying modern fuel efficient cars. This shows that the objectives of each business plays a crucial role in the customers it gets, how much popularity they gain, and most importantly, how successful they become because for example, if a charity that has an objective of reducing poverty starts operating in a country that already has low rates of poverty, it's very unlikely that their business may flourish in the future.

[Fatima ibtehaj]

[KN]A charity’s main objective is usually to help others or support a cause whereas car manufacturer’s main objective, on the other hand, is to make a profit.
[APP]For a charity this includes reducing poverty or protecting the environment whereas a car manufacturer focuses on increasing sales and reducing costs.
[AN]A charity measures success by its impact, while a car manufacturer measures it by profit and market growth. If a business starts a charity this can help build strong reputations, which can attract support from governments, companies etc and charities often receive tax exemptions, meaning more money can go directly toward helping others instead of paying taxes whereas for a car manufacturer if their sales are high this can lead towards a rise in brand image

[Arham Qadri]

[KN] Because the main aim of charity is to help people in need while mainly the aim of a car manufacturer is to make/earn profit.
[APP] For example for example, a charity like save the children might aim to raise funds to provide clean water, whereas a car manufacturer like Toyota focuses on increasing vehicle sales to increase income.
[AN] A charity’s objective is to maximize social benefit for people in need, while a car manufacturer’s objective is to maximize profit and market share. Charity aims to help people while car manufacturer makes his income and has an improved living standard than the people who require charity as their basic needs are not meet.

[UPDATED]

[shamaim shakeel]

Knowledge Point:
The objectives of a charity are usually focused on helping people or supporting a cause, while a car manufacturer’s main goal is to make profit.

Application:
For example, a charity like Cancer Research UK aims to reduce child poverty and improve education, whereas a car Jaguar manufacturer like aims to increase sales and market share.

Analysis:
A charity focuses on social benefits because its success is measured by how well it helps others. This means it uses donations and funds to support its cause rather than earn income. On the other hand, a car manufacturer aims to make profits so it can grow, pay its workers, and invest in new products. Therefore, their objectives differ because one is driven by social purpose while the other is driven by financial gain.

[Subhan Zafar]

{KN}Charities aim to achieve social welfare goals.Car manufacturers aim to make profit and grow financially.
{APP}For example, a charity like UNICEF focuses on achieving social welfare goals, such as improving access of clean water and education for children in developing countries. Its success is measured by how many lives it improves, not by financial profit. In contrast, a car manufacturer such as Toyota aims to make profit and grow financially by increasing car sales, expanding into new markets, and improving production efficiency.
{AN}This shows that while a charity reinvests any surplus funds to further its social mission, a car manufacturer reinvests profits to expand operations or reward shareholders. Therefore, the two organisations have different measures of success one based on social impact, the other on financial performance.

[M huzaifa jillani]

(KN)
Different types of organisations have different aims charities are non profit while car manufacturers are profit making businesses.
(APP)
For example a charity like the Edhi Foundation aims to help poor people or provide free medical services while a car manufacturer like Toyota aims to increase sales and make profit.
(AN)
This means like charity focuses on social welfare and community service not e
earning money while the car manufacturer focuses on growth, market share and financial success. So their objectives differ because they serve different purposes one aims to help people and the other aims to satisfy customers and share holders.

[Abdullah Altaf]

[KN] Charity has an objective of providing help whereas car manufacturer has an objective of earning high profits.
[APP] For instance, a charity like the Red Cross focuses on providing aid during disasters and supporting vulnerable populations, while a car manufacturer like BMW prioritizes increasing sales and expanding into new markets.
[AN] Charities focus on social welfare, while car manufacturers focus on financial gain. Charities are measured by the impact on people's lives, while car manufacturers are measured by profit margins. Therefore, their objectives differ because one is driven by humanitarian goals and the other by commercial interests.

[Muaz Aamir]

KN: A charity’s goals are different from a car company because a charity wants to help people, while a car company wants to make money.

AP: For example, a charity like UNICEF works to help poor children, but a car company like Toyota focuses on selling more cars and earning profit.

AN: This is because charities care more about helping others than earning money. Car companies need profit to grow their business. Also, charities try to solve problems in society, but car companies mainly try to keep customers happy and beat their competitors.

[Abdullah Baig]

Kn
A charity aims to help society, while a car manufacturer aims to earn profit
App
For example, a charity may focus on providing clean water to villages using donations to fund projects while a car manufacturer like Toyota focuses on boosting sales and profit to reward shareholders
An
Therefore, their objectives differ because charities are non-profit, while manufacturers are profit-driven

[Aarib Saad]

(KN)A charity works for social welfare, where as a Car Manufacturer would operate for personal interest which is usually to earn profit.
(APP)For instance, a car manufacturer will charge premium pricing for it's products and price discriminate, where as a charity will offer services like healthcare for free.
(AN)This in turn would mean that the Car Manufacturer will utilize resources more efficiently as compared to a charity, allowing it maximize production, which will boost the country's GDP, where as a charity might not benefit the country as much.

[Wahaj Ashraf]

[KN] A charity works for the benefit of the society whereas a car manufacturer may have different aims e.g. To earn profit.
[APP] A car manufacturer may dell its products at higher prices so that his aims can be achieved where as on the other hand there may be a charity organization providing free education to the society.
[AN]Thus aims like profit maximization will result in the Car Manufacturer producing more cars leading to an increase in production which will boost the country's GDP, where as a charity might not benefit the country as much.

[Mustafa Khan]

kn] A charity's main aim is public welfare while car manufacturers aim is to earn profit.
app]for example charity might work for the well being of poor like collecting funds so that they can buy food for the poor but the car manufacturers will work to satisfy the customer.
an] hence customer satisfaction will increase the brand image of the compony, which will help them increase market share, which will help the business establish monopoly in the market.

[areeshasaber]

[kn] both businesses have different objectives in mind.
[app] for instance, a charity business's objective is to raise funds to help out others whereas a car manufacturers objective could be to earn profit.
[an] A charity focuses on social impact, using donations to support its mission and to provide funds to the needy, while a car manufacturer seeks profit to grow, survive and innovate.