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The Primary Objective of a Not-For-Profit Business Is to Maximize

question 119

True/False

The primary objective of a not-for-profit business is to maximize revenue.


Definitions:

Existing Shareholders

Individuals or entities that currently own shares in a corporation.

Public Offering

The sale of equity shares or other financial instruments by an organization to the public in order to raise funds for business expansion or other purposes.

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