Which Statement Best Describes the Most Significant Difference Between a For-Profit

question 235

Multiple Choice

Which statement best describes the most significant difference between a for-profit organization or a business firm and a nonprofit organization?

• A)Business firms earn a profit each year while nonprofits operate at a deficit annually.
• B)Nonprofit organizations do not carry on economic activities while business firms do.
• C)Nonprofit organizations are concerned with social issues and business firms are not.
• D)Both serve customers,but business firms seek a profit while nonprofit organizations do not.
• E)Nonprofit organizations are publicly owned and business firms are privately owned.

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Definitions:

Deep Blue Pigmentation

A description often used for certain types of skin discoloration that can signify underlying medical conditions.

Newborns

Infants who are in the first few weeks of life, typically considered to be up to 28 days old.

American Academy

An organization dedicated to the advancement of specific professional fields or interests, often focusing on education, research, and certification standards.

Pediatrics

A branch of medicine that deals with the care and development of infants, children, and adolescents, as well as their diseases.