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Which of the following statements regarding measurement of performance in not-for-profit organisations is/are true?
(1) Output does not usually have a market value, and it is therefore more difficult to
measure effectiveness.
(2) Control over the performance can only be satisfactorily achieved by assessments of
‘value for money’.
A (1) only
B (2) only
C Neither (1) nor (2)
D Both (1) and (2)I chose D, however, the correct answer is B. I thought output in NFPO do not have market value as they are given away for free.
Looking forward to your response, Sir
Iniss.If you want the tutor to respond, please use the ask the tutor forum. This forum is primarily designed for students to help one another-
https://opentuition.com/acca/pm/
Hope this helps.
Oh okay but the site does not seem to work at the moment. Anways, thanks for that.
Answer to this for anyone coming across this thread-
https://opentuition.com/topic/performance-measurements-in-nfpo-2/
Key metrics to consider include staff productivity, effectiveness, retention, and donation loyalty and increase.
https://opentuition.com/topic/performance-measurements-in-nfpo-2-dinosaur game
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