Why might a manager for a non-profit organisation seem as concerned with her organisation's financial well-being as a for-profit manager?
A)Many not-for-profit organisations have tight budgets and must be very efficient
B)Non-profit organisations have an obligation to turn a profit
C)Non-profit managers try to give the illusion that they care about the 'bottom line'
D)Non-profit managers are evaluated on financial performance only

Question

Quizplus · Accepted Answer

Non-profit organisations often rely heavily on donations and grant funding, making it important for them to manage their finances carefully in order to maximize the impact of their resources. This is similar to for-profit organizations, which also need to be financially efficient in order to remain competitive and maximize profits. While non-profit managers may not have the same profit motive as for-profit managers, they still have a responsibility to ensure that their organization is operating in a financially sustainable manner.

Why Might a Manager for a Non-Profit Organisation Seem as Concerned