In terms of strategic cost management for not-for-profit organizations, which of the following is false?
A)Not-for-profit organizations can benefit from strategic cost management since they must prove their effectiveness and efficiency to a number of different stakeholders.
B)The balanced scorecard can be used to measure the organization's performance.
C)Value chain analysis can be used for analyzing the organization's product design, product testing, advertising, and production processes.
D)SWOT analysis is most helpful for non-profit organizations when it deals with the organization's competitive threats, opportunities, and critical success factors.

Question

Quizplus · Accepted Answer

Value chain analysis typically includes activities such as inbound logistics, operations, outbound logistics, marketing and sales, and customer service. Product design, product testing, and advertising are not typically part of the value chain analysis, and are more relevant to the organization's marketing and R&D strategies. Therefore, option C is false. Options A, B, and D are all true and relevant to strategic cost management for non-profit organizations.

In Terms of Strategic Cost Management for Not-For-Profit Organizations, Which