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Which of the following statements about nonprofit organizations is true? a . Their priority is to maximize shareholder value in order to attract risk capital.

Which of the following statements about nonprofit organizations is true?
a. Their priority is to maximize shareholder value in order to attract risk capital.
b. Their managers do not need to develop careful strategies because making a profit is not the organization's goal.
c. They compete for scarce resources just as for-profit businesses do.
d. They do not have to worry about exceeding budgets.
e. They seldom set performance goals like profit-seeking organizations.
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