Multiple Choice
Which of the following is a difference between for-profit businesses and nonprofit organizations?
A) Financial resources for for-profit businesses come from government appropriations, grants, and donations, while nonprofit organizations are funded by the sale of products or services to customers.
B) In for-profit businesses, managers focus on improving an organization's products and services to increase sales revenues, while in nonprofit organizations, however, services are typically provided to nonpaying clients.
C) For-profit businesses are committed to servicing clients with limited funds, while nonprofit organizations have access to unlimited funds to service clients.
D) In for-profit businesses, services are typically provided to nonpaying clients, while in nonprofit organizations, services are typically provided to paying clients.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: Scientific management focuses primarily on design and
Q31: When decision making is kept at the
Q32: Financial resources for government and charity nonprofits
Q33: Organizations are social entities that are only
Q34: _ is the micro approach to organizations
Q36: Top management is concerned with major departments,such
Q37: Managers in nonprofits direct much of their
Q38: _ refers to technologies,skills,and processes for searching
Q39: The growing global interdependence means that the
Q40: Vertical complexity is the number of departments