The Unity-Of-Command Principle States That a Person Should Make Decisions

question 18

True/False

The unity-of-command principle states that a person should make decisions based on personal ethics,regardless of contradictory messages from managers.

Understand the concept of restricted and unrestricted gifts and their specific purposes.

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.

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Definitions:

Automatic Stabilizer

Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional intervention by the government or policymakers.

Tax Revenue

The income that the government receives from taxpayers, including both individuals and businesses, used to fund public services and infrastructure.

Multiplier Effect

The relative rise in total income resulting from an additional expenditure.

Chain Reaction

A sequence of reactions where a reactive product or by-product causes additional reactions to take place.