Week 6 Graded quiz

An organization that isn’t profitable and so needs to rely on donor funding.

An organization that has a diverse workforce comprising of people from different backgrounds or coming from different countries.

An organization that has at least two different types of products or services to offer.

An organization that incorporates elements of non-profit and for profit entities or services.

Employees of non-profits tend to leave as they are paid so poorly, so becoming commercially astute would help reduce employee turnover.

Most donor-funded organizations are inefficient and waste money rather than making money.

Many donors who invest in a non-profit are concerned about sustainability.

Ultimately only a fully commercial business is going to succeed in what is a competitive marketplace.

This is where investors aspire for social and financial value.

This is where investors expect above market returns, although social impact would be a bonus.

This is where investors are only interested in the social impact and require no economic impacts or benefits.

This is where government steps in to invest in potentially high impact projects such as health or education.

The social, environmental and economic impacts.

Employee satisfaction, customer ratings and media exposure.

The social, emotional and psychological impacts.

The profit, sales and revenue figures.

Triple bottom line reporting.

Integrated reporting and balanced scorecard.

Cost-benefit analysis.

All of the above

They sold their idea and rights to reuse the brand to a private organisation.

They used social media to create awareness of their product.

They charged $1.75 million dollars to franchise their idea globally.

By following an open-source approach, they have anyone in the world to open up their own Street Store.

Hybrid non-profit and business.

It operates as a non-profit exclusively.

Certified B-corp.

It operates primarily as a for profit business entity.

Donor charity funds.

Capital investment through loans or equity from financial or impact investors.

Primarily reinvested profit and surplus funds from self generated revenue.

All of the above

Social innovation’s impacts can’t be measured as there aren’t the tools or indicators to measure for social impact.

People working in social impact organizations tend not to have the accounting and professional skills to be able to monitor how well the organisation is doing.

It’s neither more or less complicated as both kinds of organizations have goals and it’s relatively easy to see whether they achieve their goals.

A commercial business has a single measure of success – profit – which is more straightforward to measure.

It has allowed the organization to be flexible strategically and operationally.

It has allowed the organization to position themselves to be more attractive to investors.

It has allowed the organization to distribute surplus profits to the community.

It has allowed the organization to distribute surplus profits to the RLabs directors to as an incentive to work for the community.

Week 6 Graded quiz >> Personal & Family Financial Planning

Related Questions & Answers:

Leave a Comment Cancel reply