Answer to Question #278205 in Management for syeda minal

Question

1.    Managers in nonprofits direct their efforts toward generating some kind of social impact and measure dollars and cents. (T/F)

Answer 1

Non-profit enterprises are also a significant source of managerial skills. Effective administration is required by the American Red Cross, Girl Scouts. In non-profit companies, the roles of planning, organizing, leading, and managing employ comparable talents and actions. The main distinction is that corporate executives are focused on making income for the organization, whereas nonprofit executives are focused on making a positive social effect. Managers have particular obstacles as a result of non-profit entities' distinct qualities and demands.