A charity for profit entity exists‚ and its role is to serve a charitable mission‚ but they are legally for profit. Profit charities basically focus on revenue and runs like a company. Their aim is generating profit for their company. Because it is a charity for profit‚ they have to pay taxes for the profit they made‚ while a nonprofit charity will not be taxed. Charites for profit can be categorized into two different sections. Firstly‚ the benefit corporation charities. They can maximize their
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Theories of Profit There are various theories of profit‚ given by several economists‚ which are as follows: 1. Walker’s Theory of Profit as Rent of Ability This theory is pounded by F.A. Walker. According to Walker‚ “Profit is the rent of exceptional abilities that an entrepreneur may possess over others”. Rent is the difference between the yields of the least and the most efficient entrepreneurs. In formulating this theory‚ Walker assumed a state of perfect completion in which all firms are
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Importance of Tourism | | | | | | Citizens now demand more meaningful involvement and more responsible and sustainable tourism practices. Local communities and Non Government Organizations today have a very important voice in the way in which tourism is developed and resources allocated. It is this more responsible and sustainable tourism that the Government of Trinidad and Tobago wishes to develop and promote. Tourism provides entrepreneurial opportunities for small operators‚ can foster
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15.3 per cent during 2011-12 to 2013-14‚ as per Barclays Capital Equity Research report on India Healthcare & Pharmaceuticals. Market Size As per the estimations by RNCOS’s research report titled‚ ‘The Indian diagnostic services market‚’ the sector will grow at the compound annual rate of around 26 per cent during 2012-2015‚ on back of huge investments‚ fast expansion into tier II and tier III cities‚ and strong Government support strengthening the healthcare infrastructure in India. Trends
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TO5101: Tourism systems analysis Sai kumar Nalla Student ID- 12325398 Executive summary: In the recent years Sex tourism is the most attracting and increasing sector in terms of tourism studies. There are increased research‚ paper work‚ books‚ articles and several magazines released in the market related to sex tourism. Today there are many forces at work in the normalization of the international sex industry (Jeffeys‚ 1997). As sex industry
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Chapter 1 The Goals and Functions of Financial Management Discussion Questions |1-1. |How did the recession of 2007–2009 compare with other recessions since the Great Depression in terms of length? | | | | | |It was the longest
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implementation of responsible tourism principles makes better business sense than traditional mass tourism. While responsible tourism is fast becoming a global trend nowadays‚ some may wonder if it makes better business sense than traditional mass tourism. By defining the words “business sense” from Cambridge dictionary‚ it means an understanding of the ways in which business works successfully and/or if something makes good business sense‚ it will help a business to succeed. Tourism is a huge business.
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The main differences between professional and non-professional‚ working in the sector: The health care professionals are often assumed to have a duty to work‚ even if faced with personal risk. This is particularly for professionals (doctors and nurses). However‚ the health service also depends on non-professionals‚ such as porters‚ cooks and cleaners. The professional can make decision‚ a specialist can make decision about patient’s situation‚ but a nurse is a professional who cannot make a decision
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EXECUTIVE BRIEFING Energy sector is one of the most important sectors for the current economy. Nowadays‚ the access to energy is a key point for the development and welfare of a country. With that purpose‚ all the countries try to push forward their energy sectors‚ aiming to have enough resources to sustain their growing perspectives. Within the energy sectors‚ the electricity sector is considered a strategic one‚ considering the increase of electricity demand occurred during the last 15 years
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the stock’s price movement or the overall state of the market. Profit Margin Anal ysis A company’s stock price‚ in large part‚ is driven by the company’s ability to generate earnings. Therefore‚ it is useful for investors to analyze the profitability of a company before investing in it. One way to do this is by calculating and tracking various profit margins‚ which reflect how efficiently a company uses its resources. Profit margins are expressed as a ratio‚ specifically “earnings” as a percentage
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