Answer and explanation:
As their name describes, <em>nonprofit entities</em> are organizations whose main plan is not to have revenues out of their operations. They usually provide social services to different sectors of the population and can handle their operations mainly thanks to charity and donations. While making their budgets, these organizations cannot estimate their revenues since they cannot take donations for granted. Instead, they estimate their expenses since they will be incurred for sure.
Answer:
Business economics often handles the analysis of various costs that business firms incur. Every business always desires to minimize their costs and maximize its profits by embracing different economies of scale. Nonetheless, the firms fail to determine exact costs that are involved in the production process.
Answer:
The answer is broker.
Explanation:
Broker refers to someone who function as an intermediary between a buyer and a seller. This person also helps negotiate the price between the two parties. It is clear that Robbie plays this part between the buyer and seller of heavy construction equipment. Robbie does not own the product nor does he provide any financing – which is a condition of being a broker.
Answer:
Corporate Social Responsibility
Explanation:
If PortionPac focus' on environmentally friendly sanitation products and education in support of those products that foster food safety in schools, it relates to the business responsibilities of Corporate Social Responsibility to the public.
Corporate social responsibility is an ethically-oriented practice of corporate businesses which aspires to contribute to the goals of the societal through the performance of philanthropic and charitable activities.