Which of the Following Is True of Business Firms and Nonprofit

question 107

Multiple Choice

Which of the following is true of business firms and nonprofit organizations?

• A)Unlike a business firm,a nonprofit organization needs resources and support to survive and achieve its objectives.
• B)Unlike a business firm,a nonprofit organization must take in as much money as it spends or it won't survive.
• C)A nonprofit organization does not measure "profit" in the same way as a business firm does.
• D)Nonprofit organizations face competition for customers; business firms do not.
• E)Unlike a business firm,a nonprofit organization gets support directly from those who receive the benefits.

Comprehend the influences of situational and dispositional factors on behavior.

Identify the effects of role-playing, social norms, and cognitive dissonance on attitudes and behaviors.

Analyze how attitudes are formed and how they guide behavior.

Understand the impact of social, cultural, and psychological factors on individual and group behaviors.

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Definitions:

Energy Efficiency

The goal of using less energy to provide the same level of energy service, such as lighting, heating, or cooling.

Economic Growth

An increase in the production of goods and services in an economy over a period of time.

Imported Energy

Energy that is produced outside of a region or country and then transported into that area for use.

Source Of Ethanol

Ethanol, a biofuel, is primarily produced through the fermentation of sugars by yeast, obtained from crops like sugarcane, corn, and wheat.