Which of the Following Is a Feature of Nonprofit Organizations

question 88

Multiple Choice

Which of the following is a feature of nonprofit organizations that differentiates them from for-profit organizations?

• A)lack of shareholders
• B)lack of target customers
• C)lack of stakeholders
• D)lack of products or services

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Definitions:

Pricing Infatuation

An obsession or excessive focus on the pricing aspect of a product or service rather than its value or other attributes.

Price Cutting

A competitive strategy whereby a company lowers its product prices to attract customers and increase market share.

Sales Volume

The total number of units of a product sold within a specific time period.

Component Parts

The elements or individual items that, when combined, form a complete product or system.