The 5Qs approach and the notion of business models can be readily applied to not-for-profit (NFP)organisations.

Question

Quizplus · Accepted Answer

The 5Qs approach and the notion of business models are not limited to for-profit organizations and can be used to evaluate and improve the effectiveness of not-for-profit organizations as well. In fact, many NFPs use business model innovation to create new revenue streams and generate sustainable funding for their operations.

The 5Qs Approach and the Notion of Business Models Can