QUESTION 11 Notforprofits often require flexiblity An employ

QUESTION 11 Not-for-profits often require flexiblity An employee may need to make a quick, risky decision, in order to help a client, and oftentimes, employees are encouraged and empowered to do Not-for prolits therefore often subscibe to culture Adaptablity QUESTION 12 ABC Chemicals, which had been operating independently in Europe for ten years, was bought by H Corp, an American company ABC Chemicals is therefore a foreign subsidiary and s completoly controliled by H Corp. ABC Chemicals is an example of a O Franchise Wholly Owned Foreign Aliate Greenteld Venture Export

Solution

Q11 Adaptability is the correct choice. Non profit organizations are different from their profit making counterparts in many ways, besides their motive for profit. Personal success becomes secondary for staff and they get motivation from the success of the NPOs. The staff do not want internal competition and are always willing to value teamwork.

Q12 It will be considered as wholly owned subsidiary because it is controlled by another parent company. ABC chemicals will be its subsdiary working and operating in foreign nation but owned by domestic company in the US.