The economic dimension of the general environment is not relevant for not-for-profit organisations because they are not concerned with making profits and operate the same way under all economic conditions.

Question

Quizplus · Accepted Answer

The economic dimension of the general environment can still have an impact on not-for-profit organizations, as changes in the economy can affect donations, grants, and funding. Nonprofits may also face increased demand for their services during times of economic hardship. Therefore, understanding the economic environment is still important for these organizations.

The Economic Dimension of the General Environment Is Not Relevant