Which of the following is a feature of nonprofit organizations that differentiates them from for-profit organizations?
A)lack of shareholders
B)lack of target customers
C)lack of stakeholders
D)lack of products or services

Question

Quizplus · Accepted Answer

Nonprofit organizations do not have shareholders, as they are not focused on generating profits for shareholders. Instead, they are typically focused on a mission or social cause, and any profits or excess revenue generated are reinvested back into the organization to further that mission. For-profit organizations, on the other hand, are primarily focused on generating profits for their shareholders or owners.

Which of the Following Is a Feature of Nonprofit Organizations