Which of the Following Would Not Describe Two Thirds of the For-Profit

question 120

Multiple Choice

Which of the following would not describe two thirds of the for-profit businesses in the United States as measured by sheer number of firms?

• A)small retail businesses
• B)small service operations
• C)part-time home-based businesses
• D)small farms
• E)multinational corporation

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Definitions:

Nonprofit Organization

An organization whose primary objective is to support an issue or matter of private interest or public concern for non-commercial purposes, and where surplus revenues are reinvested in the organization.

For-profit Organization

A type of business entity that operates with the primary goal of earning profits for its owners or shareholders.

Marketing

The process of promoting, selling, and distributing a product or service, including market research and advertising.

Nonprofit Organizations

Entities primarily aimed at serving the public interest or social causes rather than generating profit for owners or shareholders.