Which of the Following Statements Is True About Nonprofit Organizations

Multiple Choice

Which of the following statements is true about nonprofit organizations?

A) They compete with each other for resources.
B) Their ultimate aim 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-making organizations do.