Case Article—GAP: A Humanitarian Initiative of Ramakrishna Mission for Underprivileged Children
Vinay Ramani (),
Jyotirmoy Dalal () and
Swami Dayakarananda ()
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Vinay Ramani: Industrial & Management Engineering, Indian Institute of Technology, Kanpur, Uttar Pradesh 208016, India
Jyotirmoy Dalal: Decision Sciences Area, Indian Institute of Management, Lucknow, Uttar Pradesh 226013, India
Swami Dayakarananda: Projects Gadadhar Abhyudaya Prakalpa, Ramakrishna Math & Ramakrishna Mission, Belur, West Bengal 711202, India
INFORMS Transactions on Education, 2023, vol. 24, issue 1, 70-75
Abstract:
Conventional textbook models of profit-maximizing firms are generally unsuitable for understanding and modeling the objectives of a nonprofit organization. Closing this gap is especially important as nonprofits, regarded as the third pillar of the society, are increasingly prevalent along with the government and the for-profit businesses. GAP, a humanitarian project undertaken by Ramakrishna Mission (RKM), a large nonprofit organization in India, has been highlighted in our case. Our case serves three pedagogical objectives: (i) understanding the cost structure that is specific to the GAP project, (ii) applying break-even analysis, and (iii) quantitative modeling of the nonprofit’s decision-making problem using a simple spreadsheet modeling approach. The case has been tested across a diverse set of courses across different MBA programs at two public business schools in India. In all those courses, students found the case challenging but were appreciative of the hands-on experience gained by working on a real-life decision-making problem.
Keywords: nonprofit organization; break-even analysis; humanitarian operations; fundraising (search for similar items in EconPapers)
Date: 2023
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http://dx.doi.org/10.1287/ited.2022.0273ca (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orited:v:24:y:2023:i:1:p:70-75
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