Practice BUSI 409 Final exam, Nonprofit Management: Principles and solved 100%
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Course
BUSI 409
Institution
BUSI 409
What is the purpose of a nonprofit? -ANSWER DOUBLE BOTTOM LINE
A nonprofit exists to pursue a social mission and success msut be measured in terms of it's abiltiy to achieve that mission. It exists to serve a social purpose and they are social enterprises.
Where was the Nation's first school...
BUSI 409 Final exam, Nonprofit
Management: Principles and Practice solved
100%
What is the purpose of a nonprofit? -ANSWER DOUBLE BOTTOM LINE
A nonprofit exists to pursue a social mission and success msut be measured
in terms of it's abiltiy to achieve that mission. It exists to serve a social
purpose and they are social enterprises.
Where was the Nation's first school of management? -ANSWER Wharton
School, University of Pennsylvania
The age of nonprofit management as a profession... (not in terms of actual
years) -ANSWER Relatively Young
Since the 1980's this uniqueness has been recognize din the development of
research centers and academic programs focused on the nonprofit sector
and nonprofit management.
What is a social entrepreneur? -ANSWER a person who establishes an
enterprise with the aim of solving social problems or effecting social change.
How does a nonprofit measure success? -ANSWER DOUBLE BOTTOM LINE
A nonprofit exists to pursue a social mission and success must be measured
in terms of its ability to achieve that ission. Nonprofit managers also must
pay close attention to the financial bottom line if their organizaitons are to
survive and succeed.
How much revenue from a nonprofit comes from government grants? -
ANSWER 32% of all nonprofits are government funded by grants.
Who is the author of The Gospel for Wealth? -ANSWER Andrew Carnegie
What is the definition of Philanthropy? -ANSWER the act of giving resources
(money, time, goods, etc) to help a cause/person/organization in order to
strengthen the infrastructure of society and develop insitituaions that serve
human needs or enhance human development over the long run.
What is the definition of charity? -ANSWER Gifts to meet immediate human
needs.
, For example, to provide food to those who are starving or shelter to those
dislocated as a result of a natural disaster.
The role of a nonprofit in relation to individuals and large government
agencies. -ANSWER Nonprofit organizations provide a buffer between
individuals and large governemnt agencies that people may find difficult to
access. For example, organziations that serve immigrants, the mentally ill,
and the homeless help them to access governement programs that serve
immigrants, the mentally ill, and the homeless help them to access
government programs that may provide benefits.
What is a public good? -ANSWER a commodity or service that is provided
without profit to all members of a society, either by the government or a
private individual or organization.
Definition of Mission Statement -ANSWER A clear and succinct description of
your office's purpose for existence.
Explains what your office provides to its clients.
Reminds you and your staff of the overall goal they are expected to pursue.
Incorporates socially meaningful and measurable criteria addressing
concepts such as:
moral/ethical position
public image
target market
products/services
What is the annual revenue limit for filing the 990? -ANSWER <$50,000
What is considered the roots of ancient traditions of a nonprofit? -ANSWER
Charity
Philanthrophy
Voluntarism
What are the advantages of an appointed board? -ANSWER May combine
the responsiveness of elected boards, the stability of self-perpetuating
boards, and acountabilty to an appointing authority.
What is the purpose of management? -ANSWER to lead an organization
towards continuing and never ending improvement
Blake and Mouton's leadership theory. -ANSWER Developed the well-known
managerial grid; based on different combinations of task and relationship
behaviors and defines four styles.
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