For-profit and nonprofit organizations share many similarities, but also differ in many ways. Pinpoint and discuss one major characteristic that differentiates them

What will be an ideal response?

• Fundraising is one major area of difference. For nonprofits, their major challenge, especially during economic downturns, is raising funds from individual and corporate donors in order to provide their unique social services.
• Unlike corporations, nonprofits also seek to broaden volunteer participation in their efforts, often through the use of controversial communications tactics to raise public awareness through media advocacy.
• Nonprofits also seek volunteers to participate in their efforts through media advocacy. Finally, nonprofits do not have much money to spend for key activities.

Business

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Which of the following is an alternative approach to transfer pricing?

A) negotiated prices B) sourcing C) dumping D) competitive pricing

Business

The product was developed by gathering focus groups of mothers and asking them what they need and what they wish normal planners offered them. This method of product development most likely:

A) is costly and inefficient B) is performed by the marketing department C) subscribes to the marketing concept D) reduces the barriers to purchasing E) is a method developed in the last decade

Business