Which of the Following Statements About Nonprofit Organizations Is True

Multiple Choice

Which of the following statements about nonprofit organizations is true?

A) They compete for scarce resources, just as businesses do.
B) Their priority is to maximize shareholder value in order to attract risk capital.
C) Their managers do not need to develop careful strategies, because making a profit is not the organization's goal.
D) They do not have to worry about exceeding budgets.
E) They seldom set any performance goals like profit-seeking organizations.