Ch3

Question 1

What are the features of a successful mission statement?

Answer 1

1) Purpose
2) Strategy
3) Policies
4) Values

(Use this to analyze or write a mission statement)

Question 2

Objectives should be SMART - What does this stand for?

Answer 2

S - Specific
M - Measurable
A - Attainable
R - Relevant
T- Times

*Must also relate back to the mission

Question 3

Issues with objectives for NFP

Answer 3

1) Multiple objectives
2) Difficultly measuring
3) Stakeholder conflicts
4) Financial Constraints