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2.5 pts Question 1 Not-for-profit firms (may be more than one answer, select all that apply) dont vie for valuable resources
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Answer #1

Option no 03 and option no 04, both are correct and associated with non profit firm.

Option 03: Non profit firm engaged in strategic management for deciding their goals and finding out the route to achieve those goals . For non profit firms strategic management is the formalized method of long range planning process used to define and archive organization goals.

Option 04: Today non profit firms are competing with themselves for donors and volunteers. Every non profit firms want to increase their member base and donors number .

But option 01 and 02 is not correct because non profit firms are for social equity not for getting valuable resources and making profit.

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