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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 forprofit businesses do
d They do not have to worry about exceeding budgets.
e They seldom set performance goals like profitseeking organizations.
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