The Conditions and Forces That Affect the Cost and Availability

question 4

Multiple Choice

The conditions and forces that affect the cost and availability of goods,services and labor,and shape the behavior of buyers and sellers are BEST described as the ________ environment.

• A) market
• B) regulatory
• C) legal
• D) economic
• E) social

Appreciate the importance of cost-effectiveness in fund-raising efforts.

Recognize the importance of setting fund-raising priorities and identifying prospects.

Identify different donor types and motivations for giving.

Understand various forms of giving and their implications for donors and nonprofit organizations.

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Definitions:

Internal-Stable

Attribute of an explanation or attribution where an individual perceives the cause of an event as due to a stable, internal characteristic.

External-Unstable

A cause for an event that is outside one's personal control and is not consistent over time.

Scholarship

A form of financial aid awarded to students based on academic or other achievements to support their education.

Sternberg

Refers to Robert Sternberg, an American psychologist best known for his theory on intelligence, which includes analytic, creative, and practical components.