What form of business organization is jkl markets is it, Operation Management

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What form of business organization is jkl markets is it

Jade, Kelly, and Lila organize a nonprofit business-JKL Markets, Inc. -to buy groceries from wholesalers and sell them to consumers who buy a membership in JKL. Because the firm is a nonprofit entity, it is able to sell the groceries for less than a commercial grocer could. What form of business organization is JKL Markets? Is it significant that JKL is incorporated?

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