BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
The markets to service
|
|
|
identifying suppliers to deal with
|
|
|
developing capabilities
|
|
|
Building Monopolies
|
Detailed explanation-1: -The markets to service of the following is of concern for not-for-profit organizations. Market, a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through mediating agents or institutions.
Detailed explanation-2: -b) Audit Firms. c) Insurance Companies. d) Public Hospitals. Answer d) Public Hospitals.
Detailed explanation-3: -Not-for-Profit Organisations are the establishments that are for utilised for the welfare of the community and are set up as charitable associations which operate without any motive for profit. Their primary objective is to provide service to a specific class or the public at the larger picture.
Detailed explanation-4: -Non-profit organizations include churches, public schools, public charities, public clinics and hospitals, political organizations, legal aid societies, volunteer services organizations, labor unions, professional associations, research institutes, museums, and some governmental agencies.