For profit vs. not for profit organizations Melinda Colp AIU Online Healthcare Administration HCM630-1203D-01 Professor Michael Schmitt September 16‚ 2012 Non-Profit healthcare organization vs. for-profit healthcare organization “Hospitals can be non-profit‚ for-profit‚ and government-owned and/or operated” (Baker & Baker‚ 2006). There are different terms for each classification in how to report and handle the finances but the basics are the same for any type of business. Business
Premium Hospital Health care Non-profit organization
Nonprofit versus For-Profit Healthcare and Organizations Abstract This paper explores articles and research conducted on nonprofit versus For-Profit Healthcare and Organizations. There are three types of entities that own hospitals‚ which are: nonprofit‚ for-profit‚ and government. However‚ it can’t be determined if they specialize in different medical services or how their service profits affect certain specializations. More than likely‚ the for-profits offer profitable medical services that
Premium Non-profit organization
Non-Profit vs. For-Profit The main difference between non-profit and for profit healthcare organizations are; Non-profit hospitals don’t need to pay property‚ sales or income taxes and receive grants from the government and through donations. They were designed to provide discounted fees for service or no fee to those in the surrounding communities with limited to no funds for healthcare‚ basically the poor or those who fall within the guidelines of those below poverty level. The tax exemptions
Premium Non-profit organization Tax Charitable organization
1. Executive Summary This report defines‚ examines and promotes a non-profit capitalistic business model. The model endorses enterprises which compete in the free market‚ but eschews profits in favor of social benefits. This entails an increased workforce with benefits and wages on par with current standards. This increased employee pool works under a staggered shift structure so that each employee only works a 3-day (24 hour) workweek. Labor is scheduled in such a way that there is necessary labor
Premium Capitalism Working time
November 15‚ 2004 Dear (general)‚ I am writing to you because I have just discovered a wonderful opportunity for an overseas experience that is bound to change my life. Cross-Cultural Solutions‚ a non-profit volunteer organization‚ offers a program that places volunteers in countries such as India‚ Ghana‚ Costa Rica‚ Brazil‚ Guatemala‚ Tanzania‚ Russia‚ China‚ Thailand‚ and Peru for a variety of community development projects. Cross-Cultural Solutions’ mission is to operate volunteer programs
Premium Culture Cross-cultural communication Globalization
philanthropy which eventually shaped the nonprofit sector began during the early human civilization where the hunters hunt‚ gather food and provide shelter for each other. In Carl Milofsky’s (1979) “Not for Profit Organization and Community”‚ proposed that there were six traditions of American participation that shaped the nonprofit sector. They are (1)Protestant Patrician‚ (2)Urban Ethnic‚ (3)Free Professional‚ (4)Organizational Professional‚ (5)Inter-Organizational Coordination and (6)Corporate
Premium Non-profit organization Government
1. A product may be defined as everything‚ both favorable and unfavorable‚ that a person receives in an exchange. 2. An elementary school teacher purchased a ream of art paper‚ a box of crayons‚ and some modeling clay. The teacher intends to use these products in her classroom‚ so they would be classified as business products. 3. Convenience products‚ though inexpensive‚ still require considerable shopping effort by buyers. 4. Given the many differences in majors available‚ living
Premium Non-profit organization Marketing Non-profit organizations
9-10 Rahil T23 Tue 2-3 Rahil T26 Tue 12-1 Tom T27 Wed 12-1 Tom T28 Mon 10-11 Max RBUS2900 Business Research Method Assignment 2 Part B RBUS2900: BUSINESS RESEARCH METHODS Effectiveness of Celebrity Endorsements For Non-Profit Organization James Jun Qiang Low Ng Han Siong Derrick Bram Wijaya Peng Yang Cheng 5/28/2012 This is a research plan on how different celebrity related factors influence donor/volunteer perceptions of the
Premium Management Project management Marketing
Profile of Top 5 CEO in the Philippines 1.- Data show that 49-year-old Federico Lopez earns the most both in terms of monthly salary and total compensation in 2011. In the 30-company PSEi list‚ Lopez is head of two firms: First Gen Corporation (FGEN) and Energy Development Corporation (EDC). As Chairman and CEO of FGEN‚ his basic monthly salary is around P1.79 million. Yup‚ that’s P1.79 million basic salary per month. He receives another P1.19 million per month as bonus and additional compensation
Premium Ralph Lauren Philippines Board of directors
skills that make an outstanding leader is quite a challenge. Although there are many‚ the most essential skills are honesty‚ sense of humor‚ ability to delegate‚ confidence and a positive attitude. Without these specific traits‚ leaders will have a hard time getting their team to work together. I have briefly explained how to not only practice these traits but also the skills needed to acquire and retain them. We can never fully teach someone how to become a leader‚ it is something that has to come
Premium Leadership Positive psychology Management