Nonprofit Sector Assignment 2 Coursework Example | Topics and Well Written Essays - 500 words

Nonprofit domain Assignment 2 - Coursework ExampleThe theories that will help understand the nonprofit sector include Lohmann (1989) system of commons, which categorizes goods into three groups namely frequent goods, private goods and common goods, entrepreneurship theory, trust-related theories, the interdependence theory and the stakeholder theory. The nonprofit organizations chosen for congressman in this paper include American middle Association, Salvation Army and the American Red Cross. repayable to different multitudes of different organizational components in nonprofit management literature, management concepts suggested by Gomez and Zimmermann (1993) provides a practical(a) step towards the growth of management models that be more in tune with the realities of nonprofit organizations. There are different approaches applied in this field, including the public goods theory. As put by Weibrods theory of public goods, public goods theory is an extension of the public cho ice theories, whereby a collective action is taken by affected individuals to resolve public good problems. This theory states that public goods, which would have been new(prenominal)wise provided by the governing body are provided by nonprofit organization through a donor. Services provided by the American Heart Association is a good example of an organization that help fill the gap, if need be. In other words, nonprofit provision is substituted for government provision under conditions of demand heterogeneity for the public good in question. Hansmann (1987) points out that the critical weakness in Weisbrods theory is that it does not explain why nonprofit and not for profit firms come up to fill unfulfilled demand for public goods, especially when applying to quasi-public goods. Hansmanns trust-related theory picks up this point precisely.Trust-related theories take a different angle by pointing out tuition problems inbuilt in the goods and services provided and the