A not-for-profit organization must consider the cost of each project and how much profit it is likely to generate.

Question

Quizplus · Accepted Answer

Not-for-profit organizations are not focused on generating profit. Instead, their main objective is to fulfill their mission and serve their stakeholders. Therefore, they do not consider the profit potential of their projects, but rather their alignment with their mission and the impact they can have on their beneficiaries. However, they still need to carefully manage their resources and ensure that they use them effectively and efficiently to achieve their goals.

A Not-For-Profit Organization Must Consider the Cost of Each Project