Question

you are the coordinator of a nonprofit that distributes donated items to three local homeless shelters. what is the most efficient way to allocate your supplies to meet demand at different locations? which of these best represent a planned approach and which best represent a market approach?

Answer 1

The option that represents a planned approach and which best represent a market approach is A. Offer each shelter a virtual budget and have them bid on different items.

How to explain market approach?

By taking into account the market values of similar assets or enterprises that have previously sold or are still available, the market approach is a method of valuation used to establish the appraisal value of a business, intangible asset, ownership interest, or security. Typically, price-related indicators are used, such as sales, book values, and price-to-earnings ratios.

It should be noted that in order to achieve an allocation whereby every shelter gets items as per their need, the approach that must be taken is that there should bean offer to each shelter a virtual budget and have them bid on different items.

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You are the coordinator of a nonprofit that distributes donated items to three local homeless shelters. what is the most efficient way to allocate your supplies to meet demand at different locations? which of these best represent a planned approach and which best represent a market approach?

Offer each shelter a virtual budget.

Send all the donations to the shelter.

Divide the donations evenly among the three shelters.

Ask shelters to submit their request