The Main Goal of Not-For-Profit Organizations Is to Generate Revenues

question 175

True/False

The main goal of not-for-profit organizations is to generate revenues above and beyond their costs to make money for all stakeholders involved.

Understand the concepts and strategies of competitive and collaborative bargaining.

Recognize the importance of assessing interests and the underlying needs of all parties in a negotiation.

Learn negotiation tactics including expanding the pie, balancing power, and principled negotiation.

Understand the disadvantages and assumptions of both distributive and integrative bargaining.

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Definitions:

Capacity-Sustaining Cost

Costs incurred to maintain the production capacity of a company at current levels, including costs for maintenance and repair of equipment.

Batch-Level Cost

Costs that are incurred as a result of producing a batch of products, rather than the production process as a whole.

Unit-Level Cost

A cost that is directly incurred for each unit of production or service provided.

Cost Pools

The accumulation of costs related to an indirect activity.