A group of concerned community leaders formed Homeless Help, a nonprofit organization providing shelter for homeless individuals. Besides the fact that it doesn't seek a profit, Homeless Help is likely to operate much like a business in many respects.

Question

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Nonprofit organizations still need to operate efficiently, manage finances, and make strategic decisions in order to achieve their mission and serve their constituents effectively. Therefore, they may operate like businesses in many ways.

A Group of Concerned Community Leaders Formed Homeless Help, a Nonprofit