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Not-For-Profit Organizations Have a Duty to Generate Revenue and Use

question 7

Multiple Choice

Not-for-profit organizations have a duty to generate revenue and use that revenue for community benefit. The basis for this duty is in _____.


Definitions:

Motion Studies

are analyses designed to improve work efficiency by breaking down tasks into their individual motions and reducing those that are unnecessary.

Scientific Management

A theory of management that analyzes and synthesizes workflows, improving economic efficiency, especially labor productivity.

Frederick Taylor

Known as the father of scientific management, he proposed optimizing work by scientifically studying workflow processes.

Teamwork

Collaboration and cooperative effort by a group of people to achieve a common goal, often emphasized as a key factor in organizational success.

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