Practice Features Of Non-trading Organisations (10.2)

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8 questions

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Exercise
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Quiz
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6 sample questions

Question 1.
Define a non-trading organisation.
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What is their main goal?
Question 2.
What does membership-based mean?
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Think about how they fund their activities.
3Question 3.
What is the primary goal of non-trading organisations?
- To generate profit
- To serve the community
- To compete with businesses
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Think about their main purpose.
4Question 4.
True or False: Non-trading organisations can distribute surplus income as profits.
- True
- False
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What do they do with profits?
Question 5.
Evaluate how a non-trading organisation's reliance on memberships might affect its long-term sustainability.
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Think about membership retention strategies.
Question 6.
Create a financial strategy for a new non-trading organisation aiming to provide education services.
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What types of funding streams can you think of?

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