Businesses Are Primarily Focused on Creating Profits by Offering Products

question 34

True/False

Businesses are primarily focused on creating profits by offering products and services desired by the consumer.

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Definitions:

Permanent Endowment

A donation of money or property to a nonprofit organization, which uses the resulting investment income for a specific purpose.

Fundraising Activities

Efforts undertaken by an organization to generate voluntary financial contributions from individuals, businesses, charitable foundations, or governmental agencies.

Conditional Contribution

A donation made with specified terms that must be met for the contribution to be retained by the recipient.