Asked by Peyton Miller on Jun 11, 2024

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Marcus would like to start a nonprofit agency that assists lower income children in Central America by providing funds for their education and living costs. Help Marcus analyze what factors he needs to consider to market his nonprofit to raise funds in the United States.

Lower Income Children

Children from families with income levels significantly below the national median, potentially facing financial hardship and limited access to resources.

Central America

A geographical region in the Americas bounded by Mexico to the north, Colombia to the southeast, the Caribbean Sea to the east, and the Pacific Ocean to the west.

Nonprofit

Organizations primarily aimed at serving public or community interests, operating without the intention of making profits for owners or shareholders.

  • Comprehend the origins and significance of financing for nonprofit entities.
  • Analyze how demographic factors influence the segmentation of markets and the selection of target demographics.
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nazmeen shahbazJun 13, 2024
Final Answer :
Marcus needs to take into account a variety of factors that impact his ability to market his nonprofit. He needs to take into consideration the economic environment that will have a direct impact on his ability raise funds, and the cost and demand for the services he plans to offer. Political and legal factors are important to analyze as there could be restrictions on his ability to fundraise and provide services to the community. He also must consider what technology is available and its costs to help him with her mission.