Answer the following with respect to not-for-profit organizations.

a) Not-for-profit organizations are described as being increasingly business-like and professionalized.

Describe and explain ONE aspect in which these organizatios are being increasingly business-like/professionalized.

b) In revenue raising, a not-for-profit organization can choose either a revenue concerntration or revenue diversification strategy. In a highly uncertain funding environment, which strategy do you think would suit a not-for-profit organization that is generally risk averse? Briefly explain your answer.