Implications of Globalization for Nonprofit Organizations
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Can you provide (ideas) an analysis of the financial implications of globalization for nonprofits? What would be some positive or negative impacts on nonprofit organizations.
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Solution Summary
This solution discusses the implications of globalization on nonprofit organizations. The advantages and disadvantages are also discussed.
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Globalization of nonprofits would have several issues. A nonprofit organization is exactly that - an organization that is not focused on making a profit. Whereas the main goal of a profit seeking organization is to make a profit, the nonprofit organization is focused on the service or goods being generated. Due to this inherent difference, the nonprofit must plan its budget accordingly and very differently from the for-profit organization. The nonprofit organization must typically keep ...
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