Nonprofit Organizations Need to Use the Value Stakeholders Associate with the Organization

question 90

Multiple Choice

Nonprofit organizations need to use the value stakeholders associate with the organization to raise the funds and support required to accomplish its mission.It is easier for a nonprofit organization to do this if

• A)it has low brand equity.
• B)it is relevant to only a small,focused group of consumers.
• C)it has high brand equity.
• D)it is relatively unknown.
• E)its brand is similar to that of its competitors.

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Definitions:

International Monetary Fund

An international organization created for the purpose of promoting global monetary cooperation, ensuring financial stability, facilitating international trade, promoting high employment and sustainable economic growth, and reducing poverty around the world.

International Bank for Reconstruction and Development

The International Bank for Reconstruction and Development, part of the World Bank Group, is an international financial institution aimed at reducing poverty by providing loans to developing countries for capital programs.

Lex Mercatoria

A set of legal principles that govern international commercial law and practices, often used to resolve disputes in international commercial arbitration.

Treaty

A formally concluded and ratified agreement between sovereign states or international organizations.