How are provincial universities in Canada different from business firms?
A) They do not seek to make a profit.
B) They deal with people, not things.
C) Their organizational boundaries exclude business firms.
D) They do not produce goods or services.
E) They are more important to society than business firms.

Question

Quizplus · Accepted Answer

Provincial universities in Canada are different from business firms in that they are not motivated by profits. Business firms operate with the goal of making a profit, while universities are focused on education and research.

Answer: B 
 Provincial universities in Canada differ from business firms in that they deal with people, not things. Universities are primarily focused on educating and researching with people, while business firms focus on producing and selling goods and services.

Answer: C 
 Provincial universities in Canada have organizational boundaries that exclude business firms. While universities may collaborate with businesses, their primary focus is on education and research rather than making a profit.

Answer: D 
 Provincial universities in Canada are different from business firms in that they do not produce goods or services for sale. Universities provide education and conduct research, while business firms produce goods and services in order to make a profit.

Answer: E 
 This answer is subjective and not supported by the information given in the question. While one could argue that provincial universities are more important to society than business firms, this is not a definitive difference between the two entities.

How Are Provincial Universities in Canada Different from Business Firms