Financial Markets Lesson 17 Quiz Answer
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Week- 7
Lesson #17 Quiz
Q1) The percentage of the workforce in nonprofit organizations is:
- Very small if advanced economies.
- Higher in advanced economies.
- Higher in emerging economies.
- About the same in both emerging and advanced economies.
Q2) Which of the following are examples for nonprofit organizations? (check all that apply)
- Robert Shiller’s Case Shiller Weiss Incorporated
- Peter Tufano’s Doorways to Dreams.
- Dean Karlan’s Innovations for Poverty Action.
- Wendy Kopp’s Teach for America.
Q3) The main differences between cooperatives and nonprofit organizations are: (check all that apply)
- Cooperatives may distribute profits.
- Cooperatives have a specific voting system for its members.
- Cooperatives do not have the maximization of profits as the very first objective.
- There are no fundamental differences between cooperatives and nonprofit organizations, the unique difference is their different legal treatment.
Q4) Which of the following tend to be true for cooperatives? (check all that apply)
- Cooperatives aim to maximize the profits for the group.
- Cooperatives are rarely successful.
- Cooperatives tend to charge higher prices or lower wages to their employees.
- Cooperatives aim to maximize the welfare of the group.
Q5) A benefit corporation is halfway between
- For-profit organizations and cooperatives.
- None of the above.
- Not-or-profit organizations and cooperatives.
- For-profit and not-for-profit organizations.
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