By Definition, __________ Organizations Exist to Do Something Other Than

question 45

Multiple Choice

By definition, __________ organizations exist to do something other than make money for shareholders.

• A) Low-profit
• B) Nonprofit
• C) Derivative
• D) Homeowners

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Definitions:

Economic Interests

The financial stakes or incentives that individuals or entities have in the outcomes of business ventures, policies, or transactions.

False Statements

Misrepresentations or untrue declarations, especially when made deliberately to deceive.

Noncompetition Agreements

Contracts restricting a person's ability to work in a competing business or industry for a specified period after leaving an employer.

Trade Secrets

Confidential information, practices, or processes used by a company that provide it with a competitive advantage.