Shay has landed a management position with a pioneering new small business after many years of working as a regional manager for a nationally known nonprofit. As Shay starts her new job, she is likely to find that

Multiple Choice

the principles of management are much the same at large and small firms.

due to the significant differences in large and small firms, her previous experience will be of little value in her new position.

planning is more important to a nonprofit organization and less important to a small business so she will need to adjust the time she spends on the planning function.

nonprofit organizations are motivated by their desire to help people and so financial management is of little importance.