Popular strategies of Not For Profit Organization
- Strategic piggybacking – New found generation activity undertaken by the NFPO, which is aimed at reducing the gap between expenses and revenue
Ex: Educational institution running some courses and commercial
Hospitals running a meditation class and fitness programme
- Merger – NFPOS prefer merger in the light of reduced resources to light down their cost of operation.
- Strategic alliance – Is pursued by NFPOS to increase their capacity and to get more resources and to serve the clients letter.
Ex: Indian school of business was started with the support from state Govt. of A.P.
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