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Many NFPs Do Not Generate Revenue,but Rely on Funding Totally

question 45

True/False

Many NFPs do not generate revenue,but rely on funding totally from various domestic sources.

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Definitions:

Product Development

The process of bringing a new product or service to the market, from ideation and design through to production and launch, involving research and testing to meet consumer needs.

Triggering Event

A specific occurrence or situation that initiates a predetermined action or series of actions within a business or project context.

Start-Up Process Model

A framework outlining the step-by-step progression needed to establish a new business, from idea conception to market entry.

Environmental Factors

Forces that occur outside of the business that affect the business and its owner.

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