A Nonprofit Organization Is a Nongovernmental Organization That Does Not

question 105

Multiple Choice

A nonprofit organization is a nongovernmental organization that does not have profit as an organizational goal.What other quality characterizes nonprofit organizations?

• A)They make a great deal of money.
• B)They need not be concerned with efficiency.
• C)They are not concerned with quality as a rule.
• D)They serve the public good

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Definitions:

General Knowledge

Broad, basic information and facts about a wide range of subjects that are considered common understanding.

Labor Productivity

A measure of the economic output produced per unit of labor input.

Real GDP Per Capita

A measure that reflects the average economic output per person, adjusted for inflation, providing insight into the standard of living across different countries or regions.

Employment Growth Rate

The rate at which job creation increases in an economy over a specified period of time.