In Terms of Strategic Cost Management for Not-For-Profit Organizations, Which

question 45

Multiple Choice

In terms of strategic cost management for not-for-profit organizations, which of the following is false?

• A)Not-for-profit organizations can benefit from strategic cost management since they must prove their effectiveness and efficiency to a number of different stakeholders.
• B)The balanced scorecard can be used to measure the organization's performance.
• C)Value chain analysis can be used for analyzing the organization's product design, product testing, advertising, and production processes.
• D)SWOT analysis is most helpful for non-profit organizations when it deals with the organization's competitive threats, opportunities, and critical success factors.

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Definitions:

Positively Related

A relationship where an increase in one variable leads to an increase in another.

Negatively Related

Describes a relationship where an increase in one variable leads to a decrease in another variable.

Unrelated

Not connected or associated with each other in any way.

Slope

The measure of the steepness or incline of a line, defined as the ratio of the vertical change to the horizontal change between two points on the line.