Which of the following is most likely an example of a nonprofit organization?
A)A regional retail store that sells goods at discount prices
B)A community museum that is funded by a society and is free for public use
C)A local newspaper house that sells newspapers at lower prices than its competitors
D)A fashion publication house that issues free subscriptions of its weekly magazines to consumers who are yearly subscribers

Question

Quizplus · Accepted Answer

A community museum that is funded by a society and is free for public use is most likely an example of a nonprofit organization. Nonprofit organizations are typically focused on a social, environmental or cultural cause and operate to benefit the public. The other options listed focus on generating profit or competing in the market.

Which of the Following Is Most Likely an Example of a Nonprofit