Performance Management And Control Business & Marketing Essay (Essay Sample)
FROM THE CASE STUDY ATTACHED;
ASSESS THE FINANCIAL PERFORMANCE OF DOG'S HABITAT ORGANIZATION.
IMPACT THE CURRENT FINANCIAL PERFORMANCE ON THE BUSINESS.
PERFORMANCE MANAGEMENT TECHNIQUES AND TOOLS THAT COULD BE APPLIED BY THE DOG'S HABITAT ORGANIZATION.
PRINCIPLES AND TRENDS USED IN OTHER NON-PROFIT ORGANIZATIONS.
PERFORMANCE MANAGEMENT AND CONTROLName of ClassProfessorName of SchoolCityCountryDate
Introduction
The not for profit organizations are business companies that are not driven with the passion and motive of making a profit from their owners and beneficiaries CITATION Ste181 \l 1033 (Finkler, et al., 2018). These organizations are in most cases funded through the donations that that are awarded to them from well-wishers who are interested in the type of work that these companies do. These organizations are funded by the government which sometimes allocate certain amounts of money upon any request. These companies are not able to raise substantial amounts of money that could run their affairs and also pay their workers. Consequently, they are forced to rely on foreign assistance so that they can be able to support their activities, and also keep their main objectives up and running with failure. These companies are in most cases charity organizations that aim at creating a good and self-sustaining environment in the world.
The Dog's Habitat is one of the non-profit organization that ventures into the idea of giving a home to stray dogs in society. It is an important organization that aims at creating a good environment by housing the stray dogs that could otherwise be a problem in the society. These dogs if left in the streets can transmit diseases such as rabies to people and as a result, cause chaos and death. Therefore this organization has played a key role in ensuring that this does not happen in the streets. However, being a non-profit organization it is facing major problems that arise from the need to raise more funds that could help the organization finance its major activities CITATION Gil15 \l 1033 (Mort, et al., 2015). This problem has been sparkled recently following the price inflation rate that has been increasing at a substantial rate of about two percent each year. Therefore, the prices for obtaining the major commodities that are used by the organization have suddenly gone up, since the organization cannot be able to raise profit that could be used in solving the situation.
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