_____ Are Essentially Tangible Physical Objects That Provide a Benefit

question 5

Multiple Choice

_____ are essentially tangible physical objects that provide a benefit.

• A)Services
• B)Products
• C)Values
• D)Brands

Differentiate between "grants" and "contracts."

Comprehend the impact of performance-based contracts on nonprofit organizations.

Recognize how government agencies announce grant opportunities.

Assess the effect of government contracts on nonprofit responsiveness to government directives.

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Definitions:

Joint Decisions

The outcome of a decision-making process that involves collaboration or agreement between two or more parties or stakeholders.

Management By Objectives

A management strategy where goals are defined clearly for each employee, and performance is evaluated based on the achievement of these goals.

Collective Bargaining

The process in which employers and representatives of a labor union negotiate terms of employment, such as wages, hours, and working conditions.

Integrative Agreement

A resolution in negotiation or conflict resolution where all parties involved achieve mutual gains and satisfaction, often through collaborative problem-solving.