Which of the Following Is an Example of a Not-For-Profit

question 125

Multiple Choice

Which of the following is an example of a not-for-profit organization that would use marketing principles?

• A)a fast-food restaurant
• B)a manufacturer of bicycles
• C)a software developer
• D)Six Flags Amusement Park
• E)the Red Cross

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Definitions:

Intangible Assets

Non-physical assets such as copyrights, patents, trademarks, and goodwill that have value to a business.

Valuation Method

A technique used to determine the fair value of assets or liabilities, considering market conditions, income potential, and historical costs.

Net Capital Assets

The total value of a company's fixed assets less any accumulated depreciation, representing the actual worth of these assets in the company's balance sheet.

Book Value

is the value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus any depreciation, amortization, or impairment costs.