what is strategic piggybacking
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Strategic piggybacking refers to the development of a new activity which generates the funds.
- These generated funds are necessary to make up the difference between revenue and expenses.
- The main aim of strategic piggybacking is to financially support the service program.
- This type of piggybacking is getting popular day by day.
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Explanation:
- It is a brand new fund generating process undertaken by the non-profit company which is aimed at lowering the distance between fees and revenue. The primary purpose is to subsidize the provider application. It is gaining popularity in latest time.
- Educational institutes who own commercial complexes hospitals running a meditation elegance and fitness program are the typical example of piggybacking.
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