Which of the Following Statements Is True About Nonprofit Organizations

question 12

Multiple Choice

Which of the following statements is true about nonprofit organizations?

• A) They compete with each other for resources.
• B) Their ultimate aim is to maximize shareholder value in order to attract risk capital.
• C) Their managers do not need to develop careful strategies, because making a profit is not the organization's goal.
• D) They do not have to worry about exceeding budgets.
• E) They seldom set any performance goals like profit-making organizations do.

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Definitions:

Predisposed

Inclined or having a tendency towards a specific condition or character.

Menopause

The biological process marking the end of a woman's reproductive years, characterized by the cessation of menstrual cycles and significant hormonal changes.

Climacteric

A phase in both men and women's lives marking the transition from reproductive to non-reproductive stages, often associated with physiological and psychological changes.

Menstruation

A monthly biological process in females that involves the shedding of the uterine lining.