Which of the Following Statements Is True of Nonprofit Organizations

question 3

Multiple Choice

Which of the following statements is true of nonprofit organizations?

• A) They are usually in the business of financial gains.
• B) They employ people and take in revenue.
• C) They do not produce goods and services.
• D) They are not business-like establishments.

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Definitions:

Detailed

Characterized by or involving exhaustive or comprehensive attention to particulars and fine points, often in description, planning, or execution.

European Social Partnership

A model for labor relations in Europe that emphasizes cooperation between government, employers, and labor unions.

National Union Leadership

The top-level executives or officers who oversee and direct union activities at the national level.

Economic Goals

Objectives that individuals, businesses, or governments aim to achieve to ensure sustainable economic growth and development.