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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Wherever necessary suitable assumption may be made by the candidates. Working notes should form part of the answer. 1 (a) Following two problems are regarding issues in Partnership Accounts‚ kindly solve both : [ 4 x 5 = 20 marks ] (ii) Anil and Mukesh are partners sharing profit and losses in the ratio of 3 : 2. Govind is admitted for ¼th share of firm. Thereafter Madan enters for 20 paisa in a rupee. Compute new profit sharing ratios under both the admission of partners. (iii) The following Goodwill
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profit maximization Definition A process that companies undergo to determine the best output and price levels in order to maximize its return. The company will usually adjust influential factors such as production costs‚ sale prices‚ and output levels as a way of reaching its profit goal. There are two main profit maximization methods used‚ and they are Marginal Cost-Marginal Revenue Method and Total Cost-Total Revenue Method. Profit maximization is a good thing for a company‚ but can be a bad thing
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Journal Entry 6-1-12 I learned that its not always about immediate profit. The purpose of business is to prolong your business while making a solid profit each year. If you make 100‚000 dollars for 3 years that does not exceed what your profits would be if you made 75‚000 dollars a year for 25 years. The peace of mind alone knowing you have a trust worthy business partner as well as a set in stone job/business for your lifetime and retirement is often a lot more rewarding than a quick buck. I
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hidden profits and losses contained in their current accounting system. The old system did not fully disclose how their costs were applied to the sales accounts. The goals are very sensible as they will allow them to move forward with the proper information. 2. Why did Ridderstråle feel that the previous cost system was inadequate for the new strategy? The new strategy/system was needed “to promote high-margin products to high-profit customers.” The old system didn’t work well because it applied
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System 30 (2002) 419–432 www.elsevier.com/locate/system Doing focus-on-form Rod Ellis*‚ Helen Basturkmen‚ Shawn Loewen Department of Applied Language Studies and Linguistics‚ University of Auckland‚ Private Bag 92019‚ Auckland‚ New Zealand Received 17 April 2002; received in revised form 14 June 2002; accepted 17 June 2002 Abstract ‘Focus-on-form’ refers to a particular type of form-focused instruction - the treatment of linguistic form in the context of performing a communicative task
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3/ Each enterprise must have its head office. It must have a definite address‚ telephone and email address 4/ Business registration‚Enterprise must carry out formalities which law ask to be able to establish legally‚ have its purpose is seeking profit. B) Classification of enterprise VN law: _Based on legal forms: + Limited liability company with more than one member + Sole member limited company + Shareholding company + Partnership + Sole proprietorship + State – owned enterprise
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KEL145 ROBERT D. DEWAR Customer Focus at Neiman Marcus: “We Report to the Client” There is never a good sale for Neiman Marcus unless it is a good buy for the customer. —Herbert Marcus This simple philosophy expressed by Neiman Marcus co-founder Herbert Marcus became the foundation of a highly successful customer-focused strategy with which Neiman Marcus became the second largest and the most profitable specialty retail chain in the country. The “Client” in 2006 She’s rich—the
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it explains how week one reading changes my concept of long term care. The essay will provide two examples of current events related to long-term care and how it has changed. The paper will focus on examples of current events related to long-term care‚ and how might these examples increase awareness. This paper will explain what are three long-term care populations evident in my local community and if I was aware of these evident. Long term care is a health and social service there to provides services
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anarchists sent bombs through the mail and organized strikes against corporations. A fear of revolution made its way into the minds of every American during the 1920’s and even saw the rise of American communist groups. One of the reasons Americans were so scared‚ was the introduction of black communist groups. Founded by Cyril Briggs‚ the African Blood Brotherhood protected African Americans from riots and lynchings. Briggs main influence to create this groups was the Washington D.C. riot of 1919‚ in
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