Assignment write guide:

Assignment write guide:

NFP chanlenges and how to resolve(300 words)

Analysis the NFP (not for profit company)challenges and how to resolve (200) -kiki

Data problem: before 2018, data is manual recorded weekly, and has unknown or mistake data.

Rfm(recency, frequency, monetary ) not as useful and why

Research current nfp strategies

Research erm and how it affects nfps

Challenges

No commission for us

For NFP: nonprofits are often in a struggle to find enough money to survive, and the drive to raise funds more effectively is constant.

Strategy(300 words)

Frequency (regularly send a donation email) (quarterly) -100 words

ERM (Enterprise risk management) issues may include private information-100words -has customers credits account information,

May have people who are no longer here

Increase transparency 100words

Publish annual report to the public

Reference:

https://www.forvis.com/article/2018/02/erm-not-profits

https://www.researchgate.net/publication/316133995_Enterprise_Risk_Management_in_Non-Profit_Organization

https://smallbusiness.chron.com/issues-surrounding-not-for-profit-organizations-4758.html

https://templemanagement.cpa/nonprofit-risk-management/what-is-nonprofit-enterprise-risk-management-3/