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"The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer. "The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer.
Marketing activities is important to help boost your sales, and increase profit. If you need Online marketing activities , you can try ViewMemo.com , Tradekey.com and ebay.com
1) What is the importance of marketing to you as a consumer 2) Briefly discuss how the Marketing concept has contributed to the Modern Practice of Marketing today 3) How does marketing affect the activities of organizations including non-profit 4) What is the beauty of Sales promotion to the consumer and the Organization? 5) What is the most important element of the Marketing Mix? and reasons for answer 6) What is the importance of Consumer behaviour to the Marketer?
Of course not in my opinion marketing is even more important to nonprofits because they have to create brand, reputation and awareness for their cause. Because if they can't there is no way they can keep going, since they depend on grants and donations. They have to market themselves or close their doors. There are companies that specialize in marketing nonprofits.
gross profit estimates minus marketing campaign ---- Revenues - Cost of Goods Sold ================= Gross Profit - Total Marketing Expenses ================= Net Marketing Contribution - Other Expenses ================= Net Profit Before Tax
why do we have non profit organizations
While a nonprofit organization, which uses its funds to help a specific population or purpose instead of for profits, is very different from for profit businesses, using similar marketing strategies is important. It is important for nonprofit organizations to aim advertising toward target audiences, have a specific brand and logo that will stand out to people, and have excellent online and offline positive public relations. Each of those marketing strategies help gain contributors and private funding.
The purpose of a non profit will be different for every non profit.
A google search will give you thousands of results for non for profit organizations.
Many non-profit organizations believe their programs will sell themselves based on their inherent worth but the development of a marketing plan usually takes place after the company identifies customer needs and analyzes its ability to fulfill them.
Designation as a nonprofit does not mean that the organization does not intend to make a profit. The nonprofit may also be a trust or association of members.
Typically not for profit organizations are charities or other types of public service. Donations made to a tax exempt not for profit organization.
Yes, there are many federal and state level grants available for non-profit organizations.
Edward J. McMillan has written: 'Essential Accounting, Tax, and Reporting Requirements for Not-for-Profit Organizations (ASAE Financial Management Series)' 'Not-for-profit accounting, tax, and reporting requirements' -- subject(s): Nonprofit organizations, Accounting, Taxation, Finance, Financial statements 'Model Accounting and Financial Policies & Procedures Handbook for Not-For-Profit Organizations (Asae Financial Management Series)' 'Not-for-profit budgeting and financial management' -- subject(s): Nonprofit organizations, Accounting, Finance, Corporations, Budget in business 'Model policies and procedures for not-for-profit organizations' -- subject(s): Accounting, Finance, Handbooks, manuals, Handbooks, manuals, etc, Nonprofit organizations 'Essential financial considerations for not-for-profit organizations' -- subject(s): Nonprofit organizations, Accounting, Taxation, Finance
Yes, nonprofit organizations can be incorporated as either a nonprofit corporation or a not-for-profit corporation, depending on the state in which they are located. Incorporating provides the organization with legal protection and allows it to apply for tax-exempt status.
GuideStar reports on nonprofit organizations by requesting and receiving information and reviews from people who work closely with the nonprofit organizations in question. They post the information and reviews that they receive on their website.
The Coca-Cola company would be a for-profit. non-profit organizations are really only for foundations.