After Several Years of Working as a Regional Manager for a Nationally

question 48

Multiple Choice

After several years of working as a regional manager for a nationally known nonprofit, Janelle landed a management position with an innovative small business. If she accepts the job offer, she is likely to find that:

• A) due to the significant differences in large and small firms, her previous experience will be of little value in her new position.
• B) the principles of management are much the same at large and small firms.
• C) nonprofit organizations are motivated by their desire to help people and so financial management is of little concern.
• D) planning is more important to a nonprofit organization and less important to a small business so she will need to adjust the time she spends on the planning function.

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Definitions:

Government Activity

Actions or initiatives undertaken by the state or governmental bodies to govern, regulate, or manage public affairs.

Public Choice Analysis

An economic framework that applies theories and methods traditionally used to analyze market behavior to political decision-making.

Budget Deficits

A situation where a government's expenditures exceed its revenue over a specified period, leading to borrowing or the depletion of reserves.

Budget Surpluses

The situation in which a government's revenues exceed its expenditures during a specific period of time, allowing for savings or debt reduction.