Which of the following statements about nonprofit organizations is true?
A) Nonprofit organizations do not seek surplus funds beyond costs.
B) Nonprofit organizations do not seek money from consumers.
C) The value derived from nonprofit exchanges are often more tangible.
D) Non profit organizations do not require/use a marketing strategy.
E) Nonprofit organizations follow the strategy of pricing their goods and services high.

Question

Quizplus · Accepted Answer

Nonprofit organizations typically have a goal of fulfilling their mission or providing a service rather than generating surplus funds beyond costs.

Answer: C 
 Nonprofit exchanges often involve intangible benefits such as social impact, meaning that the value derived from the exchange can be more tangible than in for-profit exchanges.

Note: None of the other statements are true for nonprofit organizations.

Which of the Following Statements About Nonprofit Organizations Is True