Because of Grants, Donations, and Interest from Endowed Funds, Not-For-Profit

question 82

Multiple Choice

Because of grants, donations, and interest from endowed funds, not-for-profit organisations generally

• A) Operate at a profit
• B) Must use market-based pricing
• C) Do not expect to recover all their costs from the fees they charge
• D) Are not allowed to use market-based pricing

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Definitions:

Competitive Advantage

A condition that allows a company or country to produce goods or services at a lower price or in a more desirable fashion for customers.

Consulting Company

A business that provides expert advice to other organizations or individuals in a professional field.

Developing Contacts

The process of building and maintaining relationships with people who could be helpful professionally or personally.

Informal Mentoring

A casual, non-structured mentoring relationship focusing on the mentee's growth and learning through the mentor's experiences and advice.