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NFP organisations (VFM (Input driven- try to get as much out with limited…
NFP organisations
VFM
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Economy-buy goods at min. $, Efficiency-use these goods to maximise O,
Effectiveness-use these goods to achieve obj.s
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O driven- maintaining std.s even when O changes, eg. prison service
Input driven- try to get as much out with limited inputs, eg. library
service related Os are difficult to meas. quantitatively so NFPO focus on perf. meas. related to I, eg. min. I $ for a sp. O level
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when Q says compare and contrast fin. obj.s of NFPO and listed co., mention the points in orange and pink
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