Chapter 9 Flashcards
1
Q
what is a not for profit organisation
A
attainment of its prime goal is not assessed by economic measures
2
Q
what is the major challenge for performance measurement in an NFPO
A
they have multiple objectives so hard to pick one overriding one
3
Q
what is value for money
A
providing a service in a way which is economical, efficient and effective
4
Q
benefits of league tables
A
different areas of a performance can be summarised in a final score so can be compared
5
Q
drawbacks of league tables
A
there is subjectivity of the choice and weighting of measures
