Study Document
Strategic Management and Business Policy Research Proposal
Pages:1 (479 words)
Sources:1+
Subject:Business
Topic:Strategic Management
Document Type:Research Proposal
Document:#21891713
The cons or disadvantages are the lack of accountability to the public, a risk the organization will lose touch with its customers and the needs it is meeting, becoming bureaucratic and inflexible in the process. Another disadvantage is the fact that organizations often lose control to government agencies over time as well. These are all critical factors organizations need to consider before going private and being funded by governments. When not-for-profit organizations shift to being for-profit, there are the opportunities for greater control of their strategic direction, greater flexibility in addressing the needs of the customers they serve, and greater potential to define their own financing strategies. Often non-for-profit organizations must abide by strict requirements of their benefactors, whether they are government agencies or large donors. Being for-profit can give a non-profit organization much more freedom to pursue their own strategic direction and plans, unencumbered with the demands of those financing their organization.
References
Anders Gustafsson, Michael D. Johnson, Inger Roos. (2005). The Effects of Customer Satisfaction, Relationship Commitment Dimensions, and Triggers on Customer Retention. Journal of Marketing, 69(4), 210-218.
Rob Markey, John Ott, Gerard du Toit. (2007). Winning new customers using loyalty-based…
Sample Source(s) Used
References
Anders Gustafsson, Michael D. Johnson, Inger Roos. (2005). The Effects of Customer Satisfaction, Relationship Commitment Dimensions, and Triggers on Customer Retention. Journal of Marketing, 69(4), 210-218.
Rob Markey, John Ott, Gerard du Toit. (2007). Winning new customers using loyalty-based segmentation. Strategy & Leadership, 35(3), 32-37.
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