Which of the Following Statements About Nonprofit Organizations Is True

question 64

Multiple Choice

Which of the following statements about nonprofit organizations is true?

• A) They compete for scarce resources, just as businesses do.
• B) Their priority is to maximize shareholder value in order to attract risk capital.
• C) Their managers do not need to develop careful strategies, because making a profit is not the organization's goal.
• D) They do not have to worry about exceeding budgets.
• E) They seldom set any performance goals like profit-seeking organizations.

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The top number in a fraction that indicates how many parts of a whole are taken.