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The Net Present Social Value Model Formally Recognizes That Not-For-Profit

question 1

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The net present social value model formally recognizes that not-for-profit firms must consider the social value along with the financial value of proposed new projects.


Definitions:

Piecework Rates

A compensation system where employees are paid a fixed rate for each unit they produce or task they complete.

Types

Varieties or categories of a particular thing or person characterized by a specific set of traits or attributes.

Balanced Scorecard

A strategic planning and management system used by organizations to align business activities with the vision and strategy of the organization, improve internal and external communications, and monitor performance against strategic goals.

Unethical Behaviors

Actions that do not conform to acceptable standards of morality or the ethical codes of a particular profession.

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