Which of the following is a similarity between businesses and nonprofit organizations?
A)Both do not have to abide by government regulations.
B)Both are unaffected by political or social change.
C)Both of them engage in management and finance activities.
D)Both of them do not need to adapt to technological changes.
E)Both aim to maximize financial returns for their owners.

Question

Quizplus · Accepted Answer

Both businesses and nonprofit organizations engage in management and finance activities as essential parts of their operations, including planning, budgeting, and financial management to achieve their respective goals.

Which of the Following Is a Similarity Between Businesses and Nonprofit