Q1. Provide a basic definition of nonprofit firm standards. (2 marks)
Q2. Refer the case study provided. Discuss the models applicable to nonprofit sector. (3 marks)
Q3. Identify the advantages of nonprofit firms in contributing towards the economy of a country.
(5 marks)
Q4. What do you mean by risks associated with nonprofit firms? Use proper examples to justify
your answer. (5 marks)
Q5. Use the case study provided and identify the opportunities of nonprofit firms in helping the
society. (5 marks)
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