security to help the old and disabled‚ but if you are one of the 44 million uninsured Americans there is currently no help for you. Throughout my speech several issues with healthcare reform will be discussed including constitutional legality‚ financial aspects‚ bureaucracy‚ and morality. Several sources will be cited in order to back up the statistics and properties of the healthcare act‚ most of which are provided by several media and governmental websites. Markley 2 As those who are opposed
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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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Are Huge Profits of Investment Banks Justified? Investment banks are the financial institutes‚ that attract the capital for the large companies and governments on the global financial market‚ provide consulting services during buying and selling business‚ as well as provide the brokerage services. Being the leading mediator at the trading stocks and bonds‚ derivatives‚ currencies and raw materials‚ the investment banks also release analytical reports on all markets operated by it
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For-Profit Not-for-Profit Government Examples 1.hospital 2.clinic or physician groups 3.nursing home 1.hospital 2.clinic or physician group(ie.‚ Doctors w/o Borders) 3. nursing home 1. hospital (ie.‚ Veteran’s) 2.clinic or physician group 3. nursing home Similarities 1. Revenues must be accounted for on balance sheet 2. Expenditures must be accurate and verifiable 3. Runs business as usual‚ same as others 1. Provide services that are targeted to groups of constituents who advocate a political
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Forever Friends is a non-profit organization that provides companionship to elderly individuals in low income urban areas. The ultimate goal for the organization is to build a brand that stands for trust‚ outstanding service‚ and respect. In order to be successful in our brand building we must develop a strategic plan that reflects the company’s vision and creates a map that directs the company in the right direction. Through analysis of the current and future strengths‚ weaknesses‚ opportunities
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Non-profit Organizations Non-profit organizations are vital to all communities. They provide much required services to those in need and derive from the humanitarian‚ religious‚ healthcare‚ social service‚ educational‚ or environmental sector. While striving for organizational success‚ non-profit organizations are faced with many obstacles. These challenges range from the hiring of qualified staff‚ unrealistic expectations‚ inadequate facilities‚ to a lack of volunteers and funds. Non-profits like
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Prison for Profit: Modern Day Slavery Many people don’t possess realistic vision on today’s prison system. I have this knowledge because I had a chance to experience it for months while serving a sentence for Trafficking of Marijuana. We are often given the impression that prisons are full of bad people such as rapists and murders. This is a huge misconception. Unfortunately‚ most of America’s prison population (which happens to be the largest in the world) is non-violent drug offenders being
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While they are able to earn a profit‚ more accurately called a surplus; such earnings must be retained by the organization for its future provision of programs and services. Earnings may not benefit individuals or stake-holders. Underlying many effective nonprofit endeavors is a commitment to management. Twenty years ago‚ the term "management" was distasteful to many of those involved in nonprofit organizations because of its connotations of "business." Non-profits prided themselves on being free
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WHY PROFIT DOES NOT EQUAL CASH Why is profit not equal to cash coming in? Some differences such as loans received which do not impact the profit and loss statement are pretty obvious. Others may not be as obvious but you can break them down into three main areas: - Revenue is booked at sale. In many cases a sale is recorded for accounting purposes in the profit and loss statement when a company delivers a product or service. In many cases‚ no cash has been exchanged at the time of
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organization’s guiding principles? Evaluating the Internal and External Environment‚ Clarifying Critical Issues An assessment of internal environment Strengths and weaknesses An assessment of the external/market environment All organizations are under the operations with complex political‚ social and macroeconomic changes‚ so a sensible plan must reflect the assumptions that management people makes about the external environment under their study in various factors‚ such as economic and demographic
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