Which of the Following Is True of Business Processes in Nonprofit

question 27

Multiple Choice

Which of the following is true of business processes in nonprofit and government organizations?

• A) Interorganizational processes are not possible owing to policies and regulations.
• B) Departmental processes are more important than enterprise-wide processes.
• C) Authority and responsibility for processes are not clearly defined.
• D) Business processes in these organizations are service-oriented.

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Definitions:

Marginal Revenue

The additional revenue that a firm receives from selling one more unit of a good or service.

Marginal Cost

The extra expense resulting from the manufacture of an additional unit of a product or service.

Competitive Price-Taker

A market participant who cannot influence the price on the market but instead must accept the prevailing market price.

Marginal Revenue

The additional income earned from selling one more unit of a good or service.