According to Herman, one of the differences of managing a nonprofit versus a for-profit corporation is that nonprofit organizations ______
A) make decisions that are consistent with the mission and ethical values of the organization
B) do not make a profit
C) do not pay federal taxes
D) do not charge customers for services

Question

Quizplus · Accepted Answer

Nonprofit organizations prioritize fulfilling their mission and adhering to ethical values over making a profit, which can lead to different decision-making processes compared to for-profit corporations. Nonprofits can still generate revenue, pay taxes, and charge for services, but these actions are not the primary focus of the organization.

According to Herman, One of the Differences of Managing a Nonprofit