Which of the following organizations is not likely to use budgets? Nonprofit organizations. Manufacturing firms. Firms in service industries. Merchandising firms. None of the answers is correct, because all are likely to use budgets.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter11: Price And Output Determination: Monopoly And Dominant Firms
Section: Chapter Questions
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Which of the following organizations is not likely to use budgets? Nonprofit organizations. Manufacturing
firms. Firms in service industries. Merchandising firms. None of the answers is correct, because all are likely
to use budgets.
Transcribed Image Text:Which of the following organizations is not likely to use budgets? Nonprofit organizations. Manufacturing firms. Firms in service industries. Merchandising firms. None of the answers is correct, because all are likely to use budgets.
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