economy where one is profit oriented and its main business objective is to make profit from the revenue it tends to make by the end of a certain period‚ therefore‚ nothing from the extra money made will be used to develop the business‚ instead‚ the profit will go to the owner of the business‚ adding to that the owner can be giving some of the profit to its employees as a way of motivation according to Maslow’s hierarchy of needs which will eventually affect positively on the business. The other type
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Definition of Non-Profit Organizations Associations‚ charities‚ cooperatives‚ and other voluntary organizations formed to further cultural‚ educational‚ religious‚ professional‚ or public service objectives. Non-Profit Organization startup funding is provided by their members‚ trustees‚ or others who do not expect repayment‚ and who do not share in the organization’s profits or losses which are retained or absorbed. Approved‚ incorporated‚ or registered Non-Profit Organizations are usually granted
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Profit and Non-profit Organizations Lakeesha Grass PHI445: Personal and Organizational Ethics Instructor: Tom Snook October 13‚ 2014 Company Profile (Not-for-Profit- Organization) Profile of YMCA (Franz 2005) YMCA is the non-profit organization of my interest. YMCA is very interesting in development of communities as being a non-profit organization. In June 6‚ 1844 when YMCA were founded in London‚ England United Kingdom including its main goal is to put the principles of Christians
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will examine Suheir Hammad’s poem Break in that it speaks to the Humanities in Ethnic Studies. My central analysis is that Hammad’s gripping poem Break is predominately catered to the aspects of the human portion of this assignment. Furthermore‚ this essay can be viewed as counter-hegemonic. It shows that her stanzas connote a re-enunciation of personality and requires a redistribution of emblematic power. Consequently‚ this is based on this writer’s literary analysis of Hammad’s verses. Therefore‚
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before the profitability begins to decline. The company is still considered profitable at this point‚ but losing ground. The second period is known as the period of crisis. At this point the company needs to turnaround. This stage is marked by a decline in profits (even negatives)‚ a fall in market share and the company’s poor cash situation. The third stage is the period of recovery or the turning point. This is the stage where serious action is taken to turnaround the company. Important decisions
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In any organization‚ the macro-environmental scan and the Porter’s five point analysis would pinpoint the general trends and particular issues within that organization as well as the wider context which influence its smooth running. Such analysis thus aims at giving a substantial detail reflecting the external and internal environment within which the organization operates. The Porter’s five point analysis on the other hand aims to provide a framework that models a firm through five forces to create
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Business-to-Business Messages � PAGE * MERGEFORMAT �1� Business-to-Business Messages � Business-to-Business Messages Excellent communication skills are necessary for organizations to build enduring relationships with organizations in the corporate world. Exchanging accurate data and information between organizations creates a more cohesive working environment. Business employs a number of communication methods including e-mail‚ memos‚ letters‚ and proposals. Communications are delivered via
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NOT-FOR-PROFIT ORGANISATIONS 13 2 Not-for-profit organisations Key points Many not-for-profit organisations (NFPs) feel they are poorly understood by government and the general public. Pressures to be more efficient have seen overhead spending reduced at considerable detriment to effectiveness and improved resource allocation over time (allocative efficiency). The sector is diverse‚ but NFPs display some common behavioural patterns: – Whereas the behaviour of for-profit business is driven mostly
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CHAPTER 9 PROFIT PLANNING AND BUDGETING Questions‚ Exercises‚ Problems‚ and Cases: Answers and Solutions 9.1 See text or glossary at the end of the book. 9.2 A cost center is a responsibility center in which management is responsible only for costs. In a profit center‚ management is responsible for both costs and revenues. 9.3 An investment center is a responsibility center in which management is responsible for managing costs‚ revenues‚ and assets. A profit center is not responsible
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automatically avoid. While even religions such as Christianity and Judaism have within their teachings prophecies of saviors still to come‚ the idea that any kind of modern-day holy figure could actually exist in Western society is met with incredulity from non-believers and the faithful alike. This kind of cynicism‚ while sometimes misplaced‚ is wholly deserved by Scientology and its founder‚ L. Ron Hubbard. Both Hubbard and this NRM have much less created a church than a business‚ and‚ even with their own
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