Which statement best describes the most significant difference between a business firm and a nonprofit organization?
A) Business firms operate with larger budgets than nonprofits.
B) Nonprofit organizations do not carry on economic activities, and business firms do.
C) Nonprofit organizations are concerned with social issues, and business firms are not.
D) Both serve customers, but business firms seek a profit while nonprofit organizations do not.
E) Nonprofit organizations are publicly owned, and business firms are privately owned.
Correct Answer:
Verified
Q2: In keeping with its mission, Ben &
Q3: In marketing, an offering refers to
A)the formal
Q4: Ben & Jerry's mission contains three interrelated
Q5: Profit refers to
A)the point at which company
Q6: In keeping with its mission, Ben &
Q7: Which of the following statements regarding Ben
Q8: A nongovernmental organization that serves its customers
Q9: Business firm refers to
A)a highly stylized protocol
Q10: An example of a nonprofit organization is
A)the
Q11: In keeping with its mission, Ben &
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