The ethical case study is about National Kidney Foundation Singapore (NKF) and its scandal‚ which resulted in some negative effects on the public trust towards Singaporean charity organizations. One of the most important ethical issues which need to be analyzed is the NKF’s management of the raised money. NKF is well-known and is considered as one of the largest charity in Singapore. For example‚ in 2002‚ NKF received S$67.5 million accounting for nearly 18 percent of total donations that year.
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Accrual accounting is a much better system than cash basis accounting. The accrual accounting promotes matching concepts and cautiousness which are two basic accounting concepts. In cash basis‚ financial statements represent actual facts of an organization and what the entity owns. The accrual accounting presents a more accurate picture of the financial position of the reporting entity. Identify which accounting pronouncement specifically observes: "This Statement relies on a basic premise of
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to provide us with food of a high standard‚ quick service and value for money. Customer service is very important to the McDonald’s because it says that they care about their customers. Customer service very important and vital part of any organization‚ which is selling goods‚ or service because it exists to satisfy customers... Good customer service will bring you new and keep old customers but if you have bad customer service this will make customers unhappy and they will stop visiting you
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Low-cost Leadership Program The best way for an organization to implement a low cost leadership-training program is to use a variety of approaches; this will maximize organizations efforts to have well trained employees with a focus on long-term development. In the case of a non-profit organization‚ the best way to set up a low-cost-leadership-training program would be to set-up a training committee. The committee would be composed of entry-level managers‚ upper management‚ and executives. This
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United Way of America is a non-profit organization dedicated to improving communities across America. They bring neighborhoods together and facilitate measures toward making a difference to better the world. An obstacle that United Way needs to overcome is how many people want to have their donation used in a specific manner. Some people are not interested in giving their money for a general charitable purpose but want to specifically state how they want their money to be spent. If there was
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Goodwill Goodwill is a non-profit organization that provides job training‚ employment placement services and other community-based programs for people who have a disability‚ lack education or job experience‚ or face employment challenges. (Begin‚ 2008). Goodwill operates as a network of 183 independent‚ community-based organizations in the U.S.‚ Canada and 14 other countries. In 2008‚ Goodwill collectively earned more than $3.25 billion and used 84 percent of that revenue to provide employment
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with their own responsibilities in an organization are numerous‚ from ensuring the business remains ethical to encouraging strong communication. 1. Legal Issues o Having specified roles and responsibilities in an organization is essential in maintaining proper records. Auditors and accountants regularly evaluate businesses to ensure accountability on fiscal matters‚ and without employees designated in roles with specific responsibilities‚ an organization might find itself in trouble when unable
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benefit of the program. The fourth tasks involoves the organization of public support about the public problem. The fifth task is involves convincing legislation to sign on to the bill which turns the problem analysis‚ prospective public problem design features‚ plus position papers into a legislative proposal‚ which introduces the it as a legislative bill‚ ( D.E. Chambers and K. R.Wedel.(2005). The sixth task in the process is organization of apprearance for committee hearings. The reason for
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not-for-profit organizations primarily because businesses differ from governments and not-for-profits organizations in that they A. They have different missions 3. The primary objectives of a not-for-profit organization or a government is to C. Provide services to constituents 4. In governments‚ in contrast to businesses‚ A. Expenditures are driven mainly by the ability of the entity to raise revenues 5. The organization responsible
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AAA(American Automobile Association‚ Inc.): - AAA (the American Automobile Association‚ Inc.) is a federation of affiliated automobile clubs. Each AAA club is an independent‚ not-for-profit organization‚ chartered and incorporated in its own state and controlled by its own Board of Directors. In order to be affiliated with AAA‚ each club agrees to provide certain standard services to its own members‚ as well as members of other AAA clubs. The individual club owns the territory in which it resides
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