Answer the following statements true (T) or false (F)
1. Examples of nonprofit business ventures are the retail stores operated by the Salvation Army.
2. Earning income from commercial ventures is easier than earning income from donations.
3. One step involved when creating a nonprofit business venture is to conduct a feasibility analysis.
4. A business plan is a document used for internal and external purposes.
5. One concern about earned-income strategies is they place limits on transparency due to contractual
6. Earned-income strategies may negatively impact the public’s perception of a nonprofit organization.
1.True
2. False
3. True
4. True
5. True
6. True
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