Strategic Planning for Profit and Non-Profit Organizations Name School Table of Contents Abstract 3 Introduction 4 Discussion 4 Role of government in regulation of non-profit fundraising 4 Demanding of disclosure statements 4 Provision of more funding 5 Appointment of external auditors 5 Role of states in regulating non-profit fundraising 6 Sarbanes-Oxley-type legislation in non-profit fundraising 8 Importance of Sarbanes-Oxley type legislation 8
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CHAPTER ONE PRINCIPLES OF PERSONNEL MANAGEMENT HUMAN RESOURCE DEPARTMENT AND ITS BASIC FUNCTIONS For any organization‚ staff or men power is the most valuable asset.. In the modern age where computers and information technology have brought revolutionary changes in the progress and performance‚ human resource factor’s importance has become imperative. Many years ago large organizations had no separate department for staff matters and Personnel & Admin Department was doing the job. But recently
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Session 2 : Principles of Accounting and Financial Reporting - Chapter Two Quiz 1. Which of the following is a difference between financial reporting for internal service and enterprise funds? (Points : 10) Internal service funds are reported in the governmental fund financial statements. Internal service funds are reported in the proprietary fund financial statements. Internal service funds are generally
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Economic Profit and Accounting Profit When it comes to business decisions‚ there are many ways to analysis the financial status of a firm. What guidelines determine profit margin? Who uses these guidelines? How is profit used to analysis a firm and its business decisions? This paper will discuss two terms that are used to define profit: accounting profit and economic profit. The first term is called accounting profit which uses the equa-tion. The second term for profit is economic profit. Economic
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Congratulations‚ you are now in charge of a $100‚000‚000 corporation. Your company manufactures sensors. Sensors are devices that observe physical conditions. Your sensors are installed into the products your customers sell. Sensors are everywhere. Almost any product that has an automated function requires some sort of sensor. Your company was created when the government split a monopoly into identical competitors. When the company was a monopoly‚ operating inefficiencies and poor product
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Question1. Describe the concept of vision in an organisation with example. How is it different from mission statement ? A vision statement is a vivid idealized description of a desired outcome that inspires‚ energizes and helps you create a mental picture of your target. It could be a vision of a part of your life‚ or the outcome of a project or goal. Vision statements are often confused with mission statements‚ but they serve complementary purposes. Examples of vision statement The nature
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Introduction ISX is a for-profit international school‚ which recently has experienced several changes in ownership‚ leadership and management. The school has existed for over 50 years‚ and caters for many local families‚ as well as for students who have evolved in international settings‚ or whose mother tongue is different to the one spoken by the host country. In June 2014‚ the school was taken over by an international education company‚ which itself is owned by an investment company. A new director
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What are the trending employee selection methods used in Non-Profits? When looking into the workforce we are able to observe current methods of selecting employees for revenue based organizations. In that observation‚ it may be oblivious to others on how the selection practice is completed for nonprofit organizations. Recruitment is the process of finding and hiring the best qualified candidate from within or outside the organization‚ for a job opening in a timely and cost effective manner. In
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Freezing out profits Synopsis Freezing out profits is an article that discussing on one company which is Cold Cuts Ltd (CC). The managing director for this company is Mr. Dali. It produces Singapore’s only refrigeration parts and specializing in it. He is the one that is responsible for all the decision making that need to be done in the company. CC was essentially a subcontractor of components for customers who were original equipment manufacturers (OEMs). This company not only faced competition
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by private individuals. Usually‚ we have organizations within the economy where one is profit oriented and its main business objective is to make profit from the revenue it tends to make by the end of a certain period‚ therefore‚ nothing from the extra money made will be used to develop the business‚ instead‚ the profit will go to the owner of the business‚ adding to that the owner can be giving some of the profit to its employees as a way of motivation according to Maslow’s hierarchy of needs which
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