Marketing Strategies Are Not Essential for Not-For-Profit Organizations Because They

question 48

True/False

Marketing strategies are not essential for not-for-profit organizations because they do not compete for dollars as commercial businesses do.

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Definitions:

Tax

A binding monetary impost or other form of levy exacted upon a taxpayer by a governmental unit to finance the operation of the government and various public services expenses.

Sellers Receive

The amount of money that sellers are paid for their goods or services, after accounting for costs and expenses.

Tax Imposed

A compulsory financial charge or some other type of levy placed upon a taxpayer by a governmental organization to fund government spending and various public expenditures.

Consumer Surplus

The gap between what a consumer is prepared to spend on a good or service and the price they actually end up paying.