The increasing adoption of strategic management principles by organizations in the non-profit and government sectors of the economy means that these types of organizations must identify financial measures of their performance to gauge whether their strategies are working or not.

Question

Quizplus · Accepted Answer

Non-profit and government organizations may focus on non-financial measures such as social impact, service quality, and stakeholder satisfaction to assess their strategies, rather than solely relying on financial measures.

The Increasing Adoption of Strategic Management Principles by Organizations in the Non-Profit