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Not-for-profit organizations are not required to…

Not-for-profit organizations are not required to have a strategy. Are you satisfied this statement?

Not-for-profit organizations are not required to have a strategy. Are you satisfied this statement?

0
Jeeba Mar. 14, 2018

Incorrect:

Strategy is a road-map to the organisation to achieve the organisational goals. Strategy is required to give it direction, focus and efficient utilization of resources. Every organisation which may be profit oriented or not-for-profit organizations surpluses are important for their survival and growth and thus required strategy.