Exam 1 Flashcards
(14 cards)
What does the term double bottom line mean?
Nonprofit organizations that are managing for both mission and profit.
Define interdisciplinary field of study:
Combing two or more academic studies
What do coordinates activities involve?
Planning Organizing Staffing Leading Directing and controlling an organization
Define management:
A set of coordinating activities and efforts that people do in order to accomplish desires goals and objectives using resources efficiently and effectively.
What are the 3 economic sectors?
Public
Private
Nonprofit
How many types of non profits are there?
28
What type non profit is our focus in this class?
501(c)3
What 3 tests must you pass to form an organization?
Organizational
Asset
Political
Define charity:
Giving resources (money) to meet current individual human needs or to alleviate current human suffering.
Define Philanthropy:
Rational, planned, systematic way of giving. More of a long term investment in the infrastructure of society.
Define volunteerism:
Act of giving ones time and energy to a cause.
Nonprofits are financially dependent on what?
Resources derived from both the government and private donors.
The multi-sector approach has also been define as what?
Collective impact
What is collective impact?
Important actors from different sectors committing as a group with a coming agenda for solving a social problem.