1 Has a jobs multiplier of 10 â one of the highest of any industry 9. 2  Accounts for 7.7 percent of the private manufacturing R&D expenditures in America 10. 3  There is a greater emphasis on âsoft skills.â Production line workers are expected to be problem solvers, with the ability to work in collaborative settings.
Nonprofit Versus For-Profit. The purposes for establishing and maintaining nonprofit organizations and for-profit businesses differ significantly. The main purpose of a for-profit company is to produce income above and beyond expenses; the products or services provided by the company are a means to that end.
Private for-profit schools include primary and sec-ondary schools, colleges and universities that provide education equivalent to that furnished at public schools. For-profit schools must pay sales or use tax on purchases of taxable goods and services. Private for-profit career schools, such as business schools, licensed under M. S. Chapter 136A, must pay sales or use tax on purchases of taxable goods and ser-vices.