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Liberty University BUSI 409 Midterm Exam Complete Solution Correct Answer Key - Document preview page 1

Liberty University BUSI 409 Midterm Exam Complete Solution Correct Answer Key - Page 1

Document preview content for Liberty University BUSI 409 Midterm Exam Complete Solution Correct Answer Key

Liberty University BUSI 409 Midterm Exam Complete Solution Correct Answer Key

This document provides solutions to all questions from the BUSI409 Midterm Exam to aid student preparation.

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Liberty University BUSI 409 Midterm Exam Complete Solution Correct Answer Key - Page 1 preview imageLiberty UniversityBUSI 409 Midterm ExamComplete Solution Correct Answer KeyWhichdecademarkedaturningpointinpublicpolicy,withgovernmentoutsourcingmoreofthedeliveryandmanagementofsocialandhumanservicestononprofits,whichresultedintheincreasedneedforprofessionalmanagementinnonprofitorganizationsandanincreasednumberofstudentsinterestedinworkingfornonprofitorganizations?In2009,capacity-buildingreceiveanewboostwhentheU.S.Congresspassedthis,whichincludedaNonprofitCapacityBuildingprogramtoprovidegrantsfororganizationaldevelopmenttosmallandmid-sizednonprofitsovertheyears2010to2014Thismethodofestablishingpricinginvolveschargingpeopledifferentpricesbasedonthemarketsegmenttowhichtheybelong,determinedbyobjectivevariablesWhatarespecific,quantifiedtargetsthatrepresentstepstowardaccomplishinggoalsBurnettdefinesthisas"aname,term,sign,symbol,design,oracombinationofthesethatisintendedtoidentifythegoodsandservicesofonesellerorgroupofsellersanddifferentiatethemfromthoseofcompetitors."ManagersofnonprofitorganizationsmustmeasuretheirsuccessbyGreatcompaniesthatproduceexcellentresultshaveThistypeofsystemisentirelyself-sufficientandimpervioustoinfluencesfromitsenvironmentenablesthesystemtoadapttochangingcircumstancesWhenanorganizationlaunchesaprogramtorecruitvolunteers,havingthesehelpscommunicatetovolunteersthattheyareacceptingasignificantresponsibilityandthattheirassignmentinvolvesdoingrealworkthatiscentraltotheprogramofthenonprofitInitsproperdefinition,thisterminvolvescomparisonsamongorganizations,eitheratthemacrooratthemicrolevelNonprofitmanagersshouldbecommittedtoperformancemeasurement butOneofthemanybenefitsofstrategicplanningisthat itEstablishingtheorganizationmissionistheresponsibilityofitsThosewhoviewnonprofitorganizationsprimarilyassocialinstitutionsportraynonprofitmanagersasToday'sboardsarebeingexhortednotonlytoraisemoneyandpromotetheorganizationbutalsotoThesetypesofrelationshipsimplyincreasinglylessautonomyforparticipatingorganizationsandmayincludeparent-subsidiarypartnerships,jointventurecorporations,managementserviceorganizationsthatsupportoneormorenonprofits,and-ultimately-mergersAccordingtoHerman,oneofthedifferencesofmanaginganonprofitversusafor-profitcorporationisAnonprofitthatqualifiesunderSection501(c)(3)cannotsupportcandidatesforpublicofficeandmustlimititsexpendituresonAccordingtoHiggins,nonprofitorganizationshaveSkinner'sprincipleofexplainsthatwerepeatbehaviorsthatarerewardedandtendnottorepeatthosethatarenotSociologistsdescribenonprofitsasMacMillan'sportfolioanalysismatrixprovidesanonprofitwiththatmayhelpclarifythinkingabouteachspecificprogramandalsoabouttherelationshipofitsportfoliotoitsmissionasanorganizationGiveanexampleofaconflictofinterest.Describehow awell-managedorganizationmighthandlesuchaconflictDiscussthecasemadeforgivingbyAndrewCarnegieinhisGospelofWealth
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Liberty University BUSI 409 Midterm Exam Complete Solution Correct Answer Key - Page 2 preview image
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Liberty University BUSI 409 Midterm Exam Complete Solution Correct Answer Key - Page 3 preview imageQuestion16outof6pointsWhichdecademarkedaturningpointinpublicpolicy,withgovernmentoutsourcingmoreofthedeliveryandmanagementofsocialandhumanservicestononprofits,whichresultedintheincreasedneedforprofessionalmanagementinnonprofitorganizationsandanincreasednumberofstudentsinterestedinworkingfornonprofitorganizations?SelectedAnswer:the1980s.Question26outof6pointsIn2009,capacity-buildingreceiveanewboostwhentheU.S.Congresspassedthis,whichincludedaNonprofitCapacityBuildingprogramtoprovidegrantsfororganizationaldevelopmenttosmallandmid-sizednonprofitsovertheyears2010to2014.SelectedAnswer:ServeAmericaActQuestion36outof6pointsThismethodofestablishingpricinginvolveschargingpeopledifferentpricesbasedonthemarketsegmenttowhichtheybelong,determinedbyobjectivevariables.SelectedAnswer:PricediscriminationQuestion46outof6pointsWhatarespecific,quantifiedtargetsthatrepresentstepstowardaccomplishinggoals?SelectedAnswer:ObjectivesQuestion56outof6pointsBurnettdefinesthisas"aname,term,sign,symbol,design,oracombinationofthesethatisintendedtoidentifythegoodsandservicesofonesellerorgroupofsellersanddifferentiatethemfromthoseofcompetitors."SelectedAnswer:Brand
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