Speculative risk involves a chance of both gain or loss

One feature that distinguishes nonprofit organization pricing decisions from profit-sector pricing decisions also exists in the profit sector, but there it is considered to be an undesirable, temporary situation. An example is university tuition. What is this practice?

a. nonfinancial prices b. separation between payers and users c. the lost pricing objective d. below-cost pricing

Which of the following actions demonstrates the caring theory of ethical management?

a. An owner or manager allowsemployees paid time off to work in a charity of their choice. b. Instead of an annual bonus, the owner donates money to his favorite charity in the name of the employees. c. When planning who to layoff, the manger selects people who have a working spouse. d. An owner or manager gives a raise to a valuable employee who threatens to leave the