In Order to Serve Clients with Limited Resources, Nonprofit Managers

question 7

Multiple Choice

In order to serve clients with limited resources, nonprofit managers must focus on ______.

• A)keeping costs as low as possible
• B)great customer service
• C)creating inexpensive goods
• D)employee performance
• E)roles like leader, monitor, and negotiator

Learn about pluralistic ignorance and its effects in social situations.

Acquire knowledge about social facilitation and its effects on performance.

Understand the concept of homogamy and its implications in relationships.

Grasp the psychological theories related to arousal, love, and attraction.

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Definitions:

Income Change

Income change refers to any variation, either an increase or decrease, in the amount of revenue or profit that an entity receives over a period.

Variable Costing

An approach to costing that accounts for only variable production expenses, including direct materials, direct labor, and variable manufacturing overhead, in the calculation of product costs.

Absorption Costing

A costing approach that consolidates every expense related to manufacturing - direct materials, direct labor, and both variable and fixed overheads - into the product’s price.

Variable Production Costs

Costs that change in proportion to the level of production activity, such as materials and labor directly involved in manufacturing.