Examlex
Control systems in nonprofit organizations probably will never be as highly developed as in profit- seeking firms because in nonprofit organizations:
Financial
Related to finances or financial systems, involving money management, investment, and economic activities.
Social
Relating to society or its organization; involving the gathering of people or entities for mutual benefit.
Product Life Cycle
A concept in marketing that describes the stages a new product goes through in the marketplace: introduction, growth, maturity, and decline.
Persuading
The act of influencing or convincing someone to do or believe something through reasoning or the use of emotional appeal.
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