000($970‚000-$177‚000). The total implicit cost is $190‚000($175‚000+.15X$100‚000). The total economic costs is $983‚000($793‚000+$190‚000). b. The accounting profit in 2010 is $177‚000($970‚000-$793‚000) c. The economic profit in 2010 is $-13‚000($970‚000-$793‚000-$190‚000). d. The owner should not leave his job because the economic profit is negative‚ which means he will earn less if he does his own business. 2. a. The type of agency problem that is involved here is principal-agent problem. Marriott
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like 1 whole month for example‚ but closing the deal not because of the features and benefits of the products but because of the incentives and the gifts that the sales representatives are giving is very wrong. Mainly because the clients are taking advantage of your product not because they are pleased and satisfied with their product but because of because of the misguided techniques of the representatives. If you think of it‚ the company will not last that long if this practice continues mainly because
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“The Effect of Leadership on Motivation in Lebanese Non-Profit Organizations” Submitted to: Advisor: Dr. Sylva Karkoulian Second Reader: Dr. Abdul Nasser Kassar Baria Daye ID: 201000016 Spring 2012 Table of Contents Abstract ......................................................................................................................................................... 3 Objective ................................................................................................
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------------------------------------------------- Planning and Promoting Special Events for Non-Profit Organizations * Why do special events? * 60%-80% of smaller nonprofit organizations self report doing special events for fundraising purposes * If done properly‚ special events can help build your pipeline for major gifts‚ renewed & increased sponsors‚ future planned gifts and loyal volunteers * Fact: $ Amount of charitable donations are staying the same‚ but donors
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Non Profit Business Plan Legal Page Confidentiality Agreement The undersigned reader acknowledges that the information provided by _________________________ in this business plan is confidential; therefore‚ reader agrees not to disclose it without the express written permission of _________________________. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature‚ other than information which is in the public domain
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the federal government civilian employment – and spend more than $1.8 trillion annually” (Freeman‚ Shoulders‚ Allision‚ Patton and Smith‚ p.32). The Escambia County‚ located in the northwestern part of the state‚ was established July 21‚ 1821 as a non-charter government when the Provisional Governor Andrew Jackson signed an ordinance making the county one of the first two counties in Florida‚ the other being St. Johns County (Escambia County – CARF‚ 2013‚ p.7). Escambia County’s Comprehensive Annual
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famous work on for-profit strategy is Porter’s “Competitive Strategy”. He defines strategy as: “developing a competitive strategy is developing a broad formula for how a business is going to compete‚ what its goals should be‚ and what policies will be needed to carry out those goals” (Porter 1980‚ p. xvi).Five decades of practice and research have been focused on strategy for for-profit organisations. Applying strategy concepts from this for-profit perspective to the non-profit world is challenging
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MGT 697 Non Profit Balance Scorecard Adoption The concept of the Balanced Scorecard was created for for-profit organizations during the late 1980s. Executives wanted to take a different look at the organization’s performance based on factors other than financial statements and balance sheets. The success of this framework worked its way into the non-profit sector after a few short years. Research suggest that non-profit executives “concluded that
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The Role of Non-Profit Organizations in Development: the Experience of the World Bank | | | | | In both industrialized and developing countries‚ there is a growing body of experience‚ which attests to the positive roles that non-profit organizations (NPOs) play in development. (Clark‚ 1991) These roles include‚ in particular: - * providing goods and services - especially meeting needs which have not hitherto been met by either the State or by the private sector; * assisting the government
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Y-M-C-A! A Business Overview of a Non-Profit Organization Crystal Hunter American Intercontinental University Abstract A semi-detailed business overview of the non-profit organization known as the YMCA or Young Men’s Christian Association is discussed. A brief history of the origins of the company is detailed along with the definition or explanation of the company’s mission statement. The organization’s basic legal‚ social‚ and economic environment is described. Likewise the YMCA’s management
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