Asked by Elizabeth Rivera on Mar 10, 2024

verifed

Verified

Unlike nonprofit organizations, for-profit organizations:

A) may tie the sales of a product to actions to alleviate poverty.
B) put all profits made back into organizations to further their charitable goals.
C) are also known as foundations.
D) are also known as multilateral aid agencies.

Nonprofit Organizations

Organizations that operate for the public or social benefit, without the primary goal of making profits for shareholders or owners.

Charitable Goals

Objectives set by individuals or organizations aimed at providing aid or support for philanthropic or humanitarian purposes.

  • Compare and contrast for-profit and nonprofit organizations in the context of poverty alleviation.
verifed

Verified Answer

AV
ariana viera

Mar 10, 2024

Final Answer :
A
Explanation :
For-profit organizations can indeed tie the sales of a product to actions to alleviate poverty, often as part of a corporate social responsibility strategy or a cause-related marketing campaign. Nonprofit organizations, on the other hand, are primarily focused on furthering their charitable goals and do not distribute profits to owners or shareholders. Choices B, C, and D are more closely associated with characteristics of nonprofit organizations or specific types of nonprofit entities.