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10. Challenge Helping society can be big business. The largest
nonprofits generate annual revenues in the billions of dollars.
Even small nonprofit organizations can make as much money
as many for-profit businesses. Nonprofits employ professional
managers, accountants, and marketers, just as any other business
would. Should the chief executive officer (CEO) of a nonprofit
with $500 million in annual revenue be paid the same salary
as the CEO of a for-profit company with the same amount of
revenue? Explain your answer.

Answer :

ogorwyne

Yes the CEO of the non profit organization with $500m has to be paid the same salary as the CEO of the for profit organization.

The reason why both CEOs have to be paid the same amount

  • They do the same type of work.
  • They have the same stress level.
  • They have the same type of responsibility
  • They also spent time in school and time to build a career.

Who is a CEO?

This person is the highest ranking officer that works in a firm. They are known to be the ones that make corporate decisions for the business.

Read more on CEO here: https://brainly.com/question/26272846

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