Name ___________________________ Class _____________________ Date __________
CHAPTER
8
QUIZ A
Nonprofit Organizations
3
SECTION 4
A. Key Terms and Concepts
Directions: Match the terms with the descriptions. Write the letter of the correct answer in the
blank provided. Not all of the choices will be used.
1. a nonprofit organization that promotes the
interests of a particular industry
2. a retail outlet owned and operated by its
members
3. organizations such as museums, the Red Cross,
and churches that promote a benefit to society
4. an agricultural marketing organization that
helps members sell their products
5. an organization that promotes the interests of
people in a particular occupation
consumer cooperative
producer cooperative
nonprofit organization
trade association
business association
service cooperative
professional
organization
h. foundation
a.
b.
c.
d.
e.
f.
g.
6. an organization that promotes the collective
interests of a group of similar companies
B. Main Ideas
Directions: Write the letter of the correct answer in the blank provided.
7. The function of a consumer or purchasing cooperative business is to
a. obtain lower prices for members.
b. work to improve the image and working conditions of its members.
c. save income taxes for members.
d. sell the goods and services produced by members.
8. A common characteristic of all nonprofit organizations is that they
a. benefit the public.
c. have no capital.
b. are national in scope.
d. pay no income tax.
9. The main activity of a producer cooperative is
a. buying products for its members.
b. marketing products for its members.
c. producing products for its members.
d. donating products for its members.
10. Cooperative organizations are controlled by
a. the state government.
c. the membership.
b. their shareholders.
d. the board of directors.
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