Question

Nonprofit, or not-for-profit, firms:

Select one:

a. ​minimize cost rather than maximize profit.

b. ​maximize revenue instead of profit.

c. ​pursue profit as their main goal despite their name.

d. ​have no incentive to produce efficiently.

e. ​often pursue goals other than profit maximization.

Answer 1

(e)

A non profit organisation often pursue goals other than profit maximisation

Reason ---- I have selected this option because profit maximisation is not at all ,the purpose of a non profit organisation

Secondly,minimisation of cost and maximisation of revenue ,no doubt are part of their accounting goals ,still ,to pursue their main goal for which that entity has been formed,should be at number one.

Thirdly ,the option ,having no incentive to produce efficiently also not suits much here.