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Liberty University BUSI 409 Midterm Exam Complete Solution Correct Answer Key

This document provides solutions to all questions from the BUSI409 Midterm Exam to aid student preparation.

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Liberty UniversityBUSI 409 Midterm ExamComplete Solution Correct Answer KeyWhichdecademarkedaturningpointinpublicpolicy,withgovernmentoutsourcingmoreofthedeliveryandmanagementofsocialandhumanservicestononprofits,whichresultedintheincreasedneedforprofessionalmanagementinnonprofitorganizationsandanincreasednumberofstudentsinterestedinworkingfornonprofitorganizations?In2009,capacity-buildingreceiveanewboostwhentheU.S.Congresspassedthis,whichincludedaNonprofitCapacityBuildingprogramtoprovidegrantsfororganizationaldevelopmenttosmallandmid-sizednonprofitsovertheyears2010to2014Thismethodofestablishingpricinginvolveschargingpeopledifferentpricesbasedonthemarketsegmenttowhichtheybelong,determinedbyobjectivevariablesWhatarespecific,quantifiedtargetsthatrepresentstepstowardaccomplishinggoalsBurnettdefinesthisas"aname,term,sign,symbol,design,oracombinationofthesethatisintendedtoidentifythegoodsandservicesofonesellerorgroupofsellersanddifferentiatethemfromthoseofcompetitors."ManagersofnonprofitorganizationsmustmeasuretheirsuccessbyGreatcompaniesthatproduceexcellentresultshaveThistypeofsystemisentirelyself-sufficientandimpervioustoinfluencesfromitsenvironmentenablesthesystemtoadapttochangingcircumstancesWhenanorganizationlaunchesaprogramtorecruitvolunteers,havingthesehelpscommunicatetovolunteersthattheyareacceptingasignificantresponsibilityandthattheirassignmentinvolvesdoingrealworkthatiscentraltotheprogramofthenonprofitInitsproperdefinition,thisterminvolvescomparisonsamongorganizations,eitheratthemacrooratthemicrolevelNonprofitmanagersshouldbecommittedtoperformancemeasurement butOneofthemanybenefitsofstrategicplanningisthat itEstablishingtheorganizationmissionistheresponsibilityofitsThosewhoviewnonprofitorganizationsprimarilyassocialinstitutionsportraynonprofitmanagersasToday'sboardsarebeingexhortednotonlytoraisemoneyandpromotetheorganizationbutalsotoThesetypesofrelationshipsimplyincreasinglylessautonomyforparticipatingorganizationsandmayincludeparent-subsidiarypartnerships,jointventurecorporations,managementserviceorganizationsthatsupportoneormorenonprofits,and-ultimately-mergersAccordingtoHerman,oneofthedifferencesofmanaginganonprofitversusafor-profitcorporationisAnonprofitthatqualifiesunderSection501(c)(3)cannotsupportcandidatesforpublicofficeandmustlimititsexpendituresonAccordingtoHiggins,nonprofitorganizationshaveSkinner'sprincipleofexplainsthatwerepeatbehaviorsthatarerewardedandtendnottorepeatthosethatarenotSociologistsdescribenonprofitsasMacMillan'sportfolioanalysismatrixprovidesanonprofitwiththatmayhelpclarifythinkingabouteachspecificprogramandalsoabouttherelationshipofitsportfoliotoitsmissionasanorganizationGiveanexampleofaconflictofinterest.Describehow awell-managedorganizationmighthandlesuchaconflictDiscussthecasemadeforgivingbyAndrewCarnegieinhisGospelofWealth

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Question16outof6pointsWhichdecademarkedaturningpointinpublicpolicy,withgovernmentoutsourcingmoreofthedeliveryandmanagementofsocialandhumanservicestononprofits,whichresultedintheincreasedneedforprofessionalmanagementinnonprofitorganizationsandanincreasednumberofstudentsinterestedinworkingfornonprofitorganizations?SelectedAnswer:the1980s.Question26outof6pointsIn2009,capacity-buildingreceiveanewboostwhentheU.S.Congresspassedthis,whichincludedaNonprofitCapacityBuildingprogramtoprovidegrantsfororganizationaldevelopmenttosmallandmid-sizednonprofitsovertheyears2010to2014.SelectedAnswer:ServeAmericaActQuestion36outof6pointsThismethodofestablishingpricinginvolveschargingpeopledifferentpricesbasedonthemarketsegmenttowhichtheybelong,determinedbyobjectivevariables.SelectedAnswer:PricediscriminationQuestion46outof6pointsWhatarespecific,quantifiedtargetsthatrepresentstepstowardaccomplishinggoals?SelectedAnswer:ObjectivesQuestion56outof6pointsBurnettdefinesthisas"aname,term,sign,symbol,design,oracombinationofthesethatisintendedtoidentifythegoodsandservicesofonesellerorgroupofsellersanddifferentiatethemfromthoseofcompetitors."SelectedAnswer:Brand
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Document Details

University
Liberty University
Course
BUSI 320
Subject
Business Management

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