GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not an area of management responsibility?
A
Finance
B
Fundraising
C
Operations
D
Sales and marketing
Explanation: 

Detailed explanation-1: -Fundraising is raising money, whereas development (also called fund development) is a more holistic approach that emphasizes creating and nurturing long-term relationships with donors who support the organization’s mission.

Detailed explanation-2: -Core Duties and Responsibilities Developing and executing fundraising strategies. Fostering ongoing relationships with donors. Providing updates or checking in with regular or recurring supporters. Planning and hosting fundraising events.

Detailed explanation-3: -Researching potential sponsors. Writing funding proposals and sending these to potential sponsors. Creating marketing and promotional activities. Developing fundraising events. Maintaining records of sponsors. Organizing campaigns that will lead to donations. Training volunteers.

Detailed explanation-4: -Capital investment. Capital campaigns are more than raising money to get a new building. Crowdfunding. The digital giving marketplace is growing rapidly and can help you to raise much needed funds for your project. Bid-writing skills. Cultivating new donors. Large donations and legacies.

There is 1 question to complete.