When it comes to nonprofit organization, does the process of being business driven impede the social...

When it comes to nonprofit organization, does the process of being business driven impede the social value to society? ...what occurs and how would you make the social value shine?

Solutions

Expert Solution

I think when a non-profit organization becomes too much businesses focused, it can create detrimental to the process of creating social value. The main goal of non-profit organizations is to maximize value for the society in the chosen domain. This is because after becoming business-focused, non-profit organizations might focus on only making profits and not maximizing value for the society.

When nonprofit organizations become business-driven, their main focus becomes to maximize profit through high sales. The profit motive might deviate the organization from its original goal of value creation. Profit is one way of meeting organizational goals. Nonprofit organizations do not wish to maximize profits, rather, these companies aim at maximizing value.

The social value can be made to shine by measuring the performance of the organization through the scale of value creation and not through the scale of profits. When value creation becomes the primary parameter of determining the success of the organization, it would put maximum focus on value creation.

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

Choose a business (B2C or B2B) or nonprofit organization that could benefit from a social media...

Choose a business (B2C or B2B) or nonprofit organization that could benefit from a social media campaign and develop a campaign outline. Include the following elements: Part A Specific campaign objectives (2 or more) Part B Identification of the target audience Part C Description of a concept for the message (content) based on the target audience Part D Description of the social media marketing activities Part E Once you’ve completed your outline, also draft an introduction for your plan...

Interview an accountant at a local business, nonprofit organization, or government entity. How does the firm...

Interview an accountant at a local business, nonprofit organization, or government entity. How does the firm use budgets? How does budgeting help managers plan business activities? How does budgeting help them control activities? Give examples. Discuss the role of a private accountant within large and small firms. What two sources of capital make up owners' equity? What is the accounting equation? What is the statement of cash flow required by the SEC and why is it required? If you were...

Discuss the kind of organization that can be a corporation, small business or nonprofit organization. Please...

Discuss the kind of organization that can be a corporation, small business or nonprofit organization. Please research about the organization and discuss reasons of why you think that is good one for this project. Write 300 words. Add references if possible...

The Johnson Research Organization, a nonprofit organization that does not pay taxes, is considering buying laboratory...

The Johnson Research Organization, a nonprofit organization that does not pay taxes, is considering buying laboratory equipment with an estimated life of seven years so it will not have to use outsiders' laboratories for certain types of work. The following are all of the cash flows affected by the decision: Use Exhibit A.8. Investment (outflow at time 0) $ 6,950,000 Periodic operating cash flows: Annual cash savings because outside laboratories are not used 1,420,000 Additional cash outflow for people and...

Using social media has streamlined a process that was an elaborate process for the organization. It...

Using social media has streamlined a process that was an elaborate process for the organization. It took great practice to find talent and there were many interview steps to help find candidates. Because social media has limited the contact with the applicant, do you feel these processes can help find the best candidates for the job? Do you feel the resume can be the best opportunity to understand a candidate and understand the skill the applicant may bring? Limited interaction...

Question) Companies routinely have to walk the tightrope when it comes to social movements and social...

Question) Companies routinely have to walk the tightrope when it comes to social movements and social opinions. No one knows this more than Nike. They took a huge risk with Colin Kaepernick, and it paid off handsomely. However, others were not so lucky with other social movement lightning rods. Considering how polarized our world is, should companies take sides in social movements? What is the danger and benefit of such approach?

What role does the Board of Directors play in overseeing the accounting for a nonprofit organization?...

What role does the Board of Directors play in overseeing the accounting for a nonprofit organization? What sorts of skills should an organization consider for people they seek to have join their Board of Directors from an accounting standpoint? What roles do the Treasurer and finance committee play within a nonprofit for overseeing accounting?

how does the IPO process happen, who is involved, what are the differences in business organization...

how does the IPO process happen, who is involved, what are the differences in business organization , how does banking and recent regulatory policy potentially impact a corporation , with this apply to arecent IPO

How does a healthcare organization benefit in the planning process when forecasting for the future operation?

1. How does business ethics, social responsibility, entrepreneurship, organization and teamwork motivation of human resources will...

1. How does business ethics, social responsibility, entrepreneurship, organization and teamwork motivation of human resources will impact competitiveness of the Canadian economy? Answer it in 500 words.

Subjects