One of the challenges often faced by nonprofit organizations is financial viabil
ID: 461481 • Letter: O
Question
One of the challenges often faced by nonprofit organizations is financial viability. Consider how the service leadership model can make a nonprofit organization competitive in ways that are not profit driven. In your post, discuss whether or not the value the nonprofit provides to the community and the greater good is professionally appealing enough to make you want to explore as a career opportunity despite the fact that in many cases than the personal and financial gains offered by nonprofits may not match what is available in for-profit organizations.
Explanation / Answer
organizations which are working for societal benefit are called non profit organizations. they operate services for the sake of society and not for benefit of any one community or stakeholders. the objective is create a better society and better living condtions to all irrespective of people conomic and financial conditions. for this the main problem is financial funding to the projects. the people or firms which are getting more profits, they should be work for wellbeing of society. so those firms should make some donations and contributions towards this objective, otherwise they may not run correctly.
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