Exploring Nonprofit Organizations Worksheet on Board Governance Total_______/100 Name: Michal Jastrzebski Based on your readings‚ on Blackboard‚ on board governance‚ please answer these questions in complete sentences. 1. Why is being a board member a serious responsibility? Give at least two reasons‚ explaining them in complete sentences. [10 points per reason; 20 points total] Being a board member is a serious responsibility because these people have to safeguard the organization and its
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Personalized Study Guide Results: Score: 17 / 18 Concepts Mastery Questions Stakeholder Influence 67% 123 Ethical Differences 100% 456 Rules of Ethical Decision Making 100% 789 Laws Affecting Business Commerce 100% 101112 Laws Affecting Business Occupation 100% 131415 Laws Affecting Business Organization 100% 161718 Concept: Stakeholder Influence Mastery 67% Questions 123 Materials on the concept: Stakeholders and Business Ethics 1. Which of the following people or groups supply a company with productive
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For Profit Vs. Not For Profit organizations: I would like to start with the more interesting type of organizations to discuss and that is not for profit organization (NPO). The first advantage to NPO is simply tax exemption (IRS‚ 2012)‚ once an organization meets certain criteria and is approved as a NPO‚ it doesn’t pay tax on its income. It is very important to understand here that the money saved from not paying tax is reinvested in such organization to either continue providing the type of services
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Make a Wish Non-Profit organizations play a large role in the American society. They are designed to serve the public and help in many ways. A nonprofit is supposed to use its revenue to benefit the public. Many of these organizations are educational‚ scientific‚ charitable‚ or religious. Some popular nonprofits that are well known today are universities‚ hospitals‚ and some organizations‚ such as‚ The Make a Wish Foundation. Some nonprofits‚ such as‚ hospitals and universities‚ have salaries
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STAKEHOLDER TESCO PCL CO-OPERATIVE GROUP Employees Employees are people that work for Tesco Plc in the exchange of a living wage/salary. In order to work at their best‚ these employees want security; they want promotions and rates of reward for their hard work. If the employees do not get what they want‚ their job efficiency and productivity will decrease as they think they are not motivated to do the job. Tesco’s employees are very important for the business as there are
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Activity 3-Stakeholders‚ Categories & Responsibilities of Organizations 1. Describe the basic features that distinguish the four basic forms of business ownership: sole proprietorships‚ general partnerships‚ C corporations‚ and limited liability companies. Ownership of C corporation is represented by shares of the stock‚ or shareholders‚ it is the most common type of the business‚ where ownership to the shareholders offers a limited liability to all its owners. Limited liability companies
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influence of stakeholders on encouraging responsible business practices. This essay will look in to the different stakeholder theories and how these theories help on encouraging responsible business practices in an organization or company. Firstly as mentioned the different forms of stakeholder theories will be outlined to have a clear understanding of these different theories‚ this will also go in to explaining what is the role of managers and why managers should be ethical in an organization/ company
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discussion of profit and not-for- profit organizations has been analyzed and discussed in essays and research papers for years. When you include government funded organizations into the mix this tends to bring about some very interesting discussions. There are similarities and differences among the three different environments. Some key identifiers that shed light into the similarities and differences include where the organizations get their money from‚ who makes financial decisions among such organizations
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Address the similarities and differences among the types of organizations. The four different organizations that we chose to learn about are Graceland Nursing Center‚ University of Chicago Medicine‚ University Hospital‚ and The CHOC Children’s Hospital. All of these organizations are similar in a couple ways‚ as 2 of them which are University of Chicago Medicine and University Hospital of San Antonio (Bexar County) are focusing on children and adults when it comes to healthcare services‚ as the
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OPERATIONAL AUDITING: ACCT 476 / CCAU 525 Internal Auditing in Not-For-Profit Organizations TABLE OF CONTENTS ABSTRACT: .....................................................................................................................................................................2 INTRODUCTION ..............................................................................................................................................................2 SECTION I: CORPORATE GOVERNANCE
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