In the US, Nonprofits Employ About One in Hundred Workers, Accounting for Accounting

question 57

True/False

In the U.S., nonprofits employ about one in hundred workers, accounting for less paid workers than the entire construction industry and less than the finance, insurance, and real-estate sectors combined.

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Definitions:

Strategic Alliance

A formal agreement between two or more parties to pursue a set of agreed-upon objectives while remaining independent organizations.

Vertical Integration

A strategy where a company expands its operations by taking over or merging with other companies that are at different stages of production or distribution in the same industry.

Merger

The combination of two or more companies into one, with the goal of increasing market share or efficiency.

Acquisition

The purchase of one organization by another.