Y-M-C-A! A Business Overview of a Non-Profit Organization Crystal Hunter American Intercontinental University Abstract A semi-detailed business overview of the non-profit organization known as the YMCA or Young Men’s Christian Association is discussed. A brief history of the origins of the company is detailed along with the definition or explanation of the company’s mission statement. The organization’s basic legal‚ social‚ and economic environment is described. Likewise the YMCA’s management
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Chapter 1 (page 4-19) Taking Risks and making Profits within the Dynamic Business Environment Business: Any activity that seeks to provide goods and services to others while operating at a profit. Profit is the amount of money a business earns above and beyond what it spends for salaries and other expenses needed to run the business operation. Goods are tangible products such as computers‚ food‚ clothing‚ cards appliances and services include intangible products which cannot be held in your
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Market power allows firms to increase economic profit through strategic tactics such as erecting barriers to entry‚ reducing rivalry‚ limiting substitutes‚ and reducing the power of buyers and suppliers (Brickley‚ Smith‚ & Zimmerman‚ 2009). Furthermore‚ market power is defined as “a company ’s ability to manipulate price by influencing an item ’s supply‚ demand or both. A company with market power would be able to affect price to its benefit. Firms with market power are said to be "price makers"
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Cost-Volume-Profit and Break-Even Analysis Your Name ACC/561 October 12‚ 2011 Andrea Dixon Cost-Volume-Profit and Break-Even Analysis Snap Fitness Owning a business is an expensive and risky venture‚ but buying a franchise is one way to lower the risk and build confidence in the success of that new business. As a ‘no-frills’ type of fitness center‚ Snap Fitness offers its customers convenient‚ 24-hour access‚ hassle-free work outs without an annual contract. The company offers assistance
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Project Literacy Now: Funding a Non-Profit Community Book Festival Introduction "Without books the development of civilization would have been impossible. They are the engines of change‚ windows on the world‚ "Lighthouses erected in the sea of time." They are companions‚ teachers‚ magicians‚ bankers of the treasures of the mind‚ Books are humanity in print."Arthur Schopenhauer The love of reading is of the utmost importance to the development in children. Project literacy now and forever
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Non-profit Organization Analysis: World Vision * Background and History World Vision‚ founded in the USA in 1950 by a young pastor Robert Pierce‚ is one of the largest relief and development organizations in the world whose total revenue coming grants‚ product and foreign donations is about $2.6 billion. The first area that World Vision focused on was orphans and other children in need‚ beginning in South Korea‚ and then expanding throughout Asia. Today‚ they operate in more than 90 countries
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for underdeveloped countries. These challenges almost always revolve around the fact that well developed countries poach the natural resources of underdeveloped countries and then use them to create products which are later sold again for a greater profit. This general principle would be known as mercantilism which has been practiced by most European nations and some would argue that the United States has done it and to some degree is doing it now in Iraq in the form of oil. Another challenge is that
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1. Is it fine to privatize profits and nationalize losses‚ is it right for organisational development? As the United States Of America had to suffer sub-prime crisis during 2007-2008. Many home-owners defaulted in their payments causing Freddie and Fannie to suffer multi-billion dollar losses. The share prices tumbled by more than 90% and the investors around the world felt that these two firms might not be able to live upto the guarantees which they have to provide to the public. It is somehow
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CHAPTER 8 Cost-Volume-Profit Analysis ANSWERS TO REVIEW QUESTIONS 8-1 a. In the contribution-margin approach‚ the break-even point in units is calculated using the following formula: Break-even point = fixed expenses unit contribution margin b. In the equation approach‚ the following profit equation is used: sales volume ⎞ ⎛ unit variable sales volume ⎞ ⎛ unit fixed ⎜ ⎟ −⎜ ⎟ − ⎜ sales price × ⎟ ⎜ expense × ⎟ expenses = 0 in units ⎠ ⎝ in units ⎠ ⎝ This equation is solved for the sales volume in
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business have any social obligation beyond profit motive? Sources Used: Arthur Miller‚ All My Sons‚ Ferdinand Tonnies‚ The Argument The Ethics of Business‚ The Economist Profit Motive‚ The Guardian Consideration of social responsibility is an important concern for the successful operation of a business. A business can be structured with the sole intention of maximizing profit‚ or it can be structured in a way in which social obligation beyond profit is considered. The two opposing views are
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