A Nonprofit Organization, a Public Organization, and a Private Sector

question 11

Multiple Choice

A nonprofit organization, a public organization, and a private sector organization joined forces to resolve an unmet community need. According to your textbook author, this relationship may be referred to as a/an ______.

• A) trifecta
• B) triple alliance
• C) trio partnership
• D) cross-sector collaboration

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Definitions:

Preferred Stockholders

Investors who own preferred shares in a company, which often grant dividends before common stockholders and have priority in asset liquidation.

Voting Rights

The rights of shareholders to vote on corporate matters, such as the election of the board of directors.

Dividend Payments

Cash payments made by a company to its shareholders, often as a distribution of profits.

Treasury Stock

Shares that were once a part of the outstanding shares and have been bought back by the company.