"Advantages And Disadvantages Of A For Profit Vs Non Profit Healthcare Organization" Essays and Research Papers

Advantages And Disadvantages Of A For Profit Vs Non Profit Healthcare Organization

For profit vs. not for profit organizations Melinda Colp AIU Online Healthcare Administration HCM630-1203D-01 Professor Michael Schmitt September 16, 2012 Non-Profit healthcare organization vs. for-profit healthcare organization “Hospitals can be non-profit, for-profit, and government-owned and/or operated” (Baker & Baker, 2006). There are different terms for each classification in how to report and handle the finances but the basics are the same for any type of business. Business...

For-profit hospital, Health care, Health care provider 1593  Words | 6  Pages

Open Document

Non Profit vs. for Profit

Nonprofit versus For-Profit Healthcare and Organizations Abstract This paper explores articles and research conducted on nonprofit versus For-Profit Healthcare and Organizations. There are three types of entities that own hospitals, which are: nonprofit, for-profit, and government. However, it can’t be determined if they specialize in different medical services or how their service profits affect certain specializations. More than likely, the for-profits offer profitable medical services that...

Government, Health care, Non-governmental organization 1069  Words | 3  Pages

Open Document

Non-Profit vs. for-Profit

Non-Profit vs. For-Profit The main difference between non-profit and for profit healthcare organizations are; Non-profit hospitals don’t need to pay property, sales or income taxes and receive grants from the government and through donations. They were designed to provide discounted fees for service or no fee to those in the surrounding communities with limited to no funds for healthcare, basically the poor or those who fall within the guidelines of those below poverty level. The tax exemptions...

Charitable organization, For-profit hospital, Fundraising 727  Words | 3  Pages

Open Document

Profit vs Non Profit Organization

Introduction In healthcare, there are three types of organizations: profit, non-profit and government based organizations. This paper will discuss the differences between profit and non-profit organization and the weaknesses and strengths that each of the organization has. The University of Michigan will be used because it is a prime example of a non-profit organization and its services and the center for spinal surgery hospital will be discussed as a for-profit hospital. Body The University of...

For-profit hospital, Hospital, Hospitals 1230  Words | 4  Pages

Open Document

Non-Profit vs. for Profit Organizations

financial management relationship between non-profit and for-profit organizations. A recent surge to push non-profit organizations to behave in a more business-like manner has resulted in an evaluation of the financial management practices. This paper examines a few of the similarities and differences amongst the two organizational types in relation to source of funding, performance evaluation measures, and governing mechanisms. The analysis of non-profit organizations leads to an understanding that many...

Charitable organization, Economics, Fundraising 1423  Words | 5  Pages

Open Document

non profit and profit organization

Profit vs. Not-for-Profit Organization A nonprofit organization is formed for the common good of the public. Nonprofit organizations are usually formed for some specific religious, charitable or educational purpose. A for-profit organization may be formed to conduct any number of lawful business activities. The primary reason to form a for-profit organization is to earn a profit for the owners of the company. Use of Profits Since a not-for-profit organization is formed to accomplish...

Charitable organization, Fundraising, Non-profit organization 976  Words | 4  Pages

Open Document

Non-Profit vs. Profit

Health System Strengths Professor Rodriguez Introduction For-profit hospitals provide a service to make a profit which is returned first to organizations and then to their shareholders. Non-profit hospitals exist first to provide a service and second to accumulate assets which are returned to the hospital's community in the form of additional services (Consumers Union, 1998). Johns Hopkins Hospital is non-profit healthcare organization that provides many service to the Baltimore community as well...

Health insurance, Hospital, Johns Hopkins 1620  Words | 5  Pages

Open Document

For-Profit Versur Non for-Profit Health Care Organizations

websites posted in the Webliography to find a research article(s) (no older than 2001) related to non-profit versus for-profit healthcare and organizations. Analyze the characteristics of each type of organization and the factors which impact operations. Discuss options to improve the financial and operational performance of non- profit organizations and the criticisms leveled at for-profit healthcare organizations. Your resultant written paper should be 750 words, double spaced, and in APA or other approved...

Charitable organization, Health care, Health economics 1218  Words | 4  Pages

Open Document

Difference in Leadership Styles in Non Profit and for Profit Organizations

IS THERE REALLY A DIFFERENCE IN LEADERSHIP STYLES IN NON PROFIT AND FOR PROFIT ORGANIZATIONS. Abstract Academic researchers have not found it important to attempt to complete studies based on leadership in non-profit organizations. A main problem that arises is that people tend to confuse the terms leadership and management with each other. Also leadership researchers tend to associate leadership in non-profit organizations with general research about leadership. These...

Charitable organization, Fundraising, Leadership 1115  Words | 4  Pages

Open Document

Problems Facing Non-Profit Organizations

Facing Non-profit Organizations Non-profit organizations are vital to all communities. They provide much required services to those in need and derive from the humanitarian, religious, healthcare, social service, educational, or environmental sector. While striving for organizational success, non-profit organizations are faced with many obstacles. These challenges range from the hiring of qualified staff, unrealistic expectations, inadequate facilities, to a lack of volunteers and funds. Non-profits...

Charitable organization, Community organization, Fundraising 1585  Words | 4  Pages

Open Document

Non-profit Organization and Budget

CareSafe Foster Systems Budget Dr. Drexel is the Head of Social Work for CareSafe Foster Systems. Dr. Drexel has begun working for CareSafe; a non-profit organization that specializes in foster care that helps connect needy children with caring and compassionate homes. CareSafe provides four main services: individual counseling, group therapy, parent counseling, and home assessments. Although Dr.Drexel has 10 years of experience working in foster care, she has very little financial experience...

Costs, Finance, Forecasting 1289  Words | 4  Pages

Open Document

Church, a Non-Profit Organization

CHURCH: A NONPROFIT ORGANIZATION [pic] [pic] [pic] [pic] An Assignment On Nonprofit organization (Church) Submitted to: MR. MAHMUD ULLAH Professor Department of Marketing University of Dhaka. Submitted by: Mary Akhi Gomes Roll no-77 MBA 9th batch Section – A Department of Marketing Date of submission: 22nd March, 2009 University of Dhaka. Introduction: Christianity in the Indian subcontinent...

Bangladesh, Bengal, Bengali language 1765  Words | 6  Pages

Open Document

Advantages of Non Profit

Nonprofit organizations are created to address an ongoing need in society (Blackbaud, 2011). Often their mission is based upon what they hope to contribute to the community or correcting a deficiency. There is often a tension between a nonprofits mission and financial results (Allsion & Kaye, n.d.). This is because the bottom line, which influences many strategic decisions, does not always work in the best interest of stakeholders (Allison & Kaye). A nonprofit organization stakeholder is a benefactor...

Balance sheet, Board of directors, Finance 955  Words | 4  Pages

Open Document

Non-Profit Organizations

2013-03-PHI-384-OL012 Professor Long Application Assignment 1 1. Should nonprofit groups operate like businesses? What are some of the potential benefits of doing so? The potential dangers? According to Dr. Johnson, “no matter what particular type of organization we work in, we can learn from the experiences of others in different settings” (Johnson, 2007, p. xxiii). Nonprofit groups can, for instance, learn from businesses how to operate more efficiently by maximizing the use of available resources. ...

Charitable organization, Fundraising, Internal Revenue Service 1039  Words | 3  Pages

Open Document

Swot for Profit and Non Profit

The SWOT of Non Profit and For Profit By Shelley Coulter Submitted: May 20, 2013 Instructor: Olivia Kerr PHI445: Personal & Organizational Ethics (BIJ1316A) Thesis: Believing in who you are and what your purpose in life, sets the standards on which you live. Shelley Coulter Introduction The highest ranking professions involve helping people. Among the lowest ranking occupations are those associated with the not profit and for profit organizations. The Mesopotamian Code...

Cardiovascular disease, Haiti, Heart disease 2097  Words | 7  Pages

Open Document

For Profit vs. Not for Profit Organizations

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...

Charitable organization, Management, Non-profit organization 479  Words | 2  Pages

Open Document


Profit Maximization Theory / Model: The Rationale / Benefits: Profit maximization theory of directing business decisions is encouraged because of following advantages associated with it. Economic Survival: Profit maximization theory is based on profits and profits are a must for survival of any business. Measurement Standard: Profits are the true measurement of viability of a business model. Without profits, the business losses its primary objective and therefore has a direct risk on its survival...

Allocation of resources, Economics, Finance 996  Words | 4  Pages

Open Document

non profit organization scandal 1

 Public Relation Non-profit Organization Scandal: Susan B. Komen Breast Cancer Foundation Shonia L. Murphy Bus 300 Professor Lao 10-31-2014 Public Relation Non-profit Organization Scandal: Susan B. Komen Breast Cancer Foundation The organization, mission and purpose Susan B. Komen Breast Cancer Foundation is a widely known and highly funded breast cancer organization, which is involved in research, analysis, screening and treatment of breast cancer (Neoplasia, 1999). In addition, the...

Breast cancer, Cancer, National Breast Cancer Awareness Month 947  Words | 5  Pages

Open Document

Ownership Forms of Health Care Organizations

Ownership Forms of Healthcare Organization Amber Hull MHA612: Financial and Managerial Accounting Instructor: Stacy Hiles August 27, 2012 It has come to my attention that you have requested my advice on choosing a Health care Organization . In addition, you also need to decide on which form of health care organization Will work best for your group. There are four basics forms of health care organization. They Include: Not-for-profit, Business oriented organizations, For-profit health care...

Business law, Business terms, Corporate tax 698  Words | 3  Pages

Open Document

Recruitment and Sustainability in Non Profit Organizations

Recruitment and Sustainability in Non Profit Organizations Maja BUS 482-01 11/29/11 Table of Contents Introduction 3 Recruiting and sustaining volunteers 4 Survey Data 5 Basic Information 5 Data Analysis 5 Proposal & Recommendations 6 References 7 Introduction A volunteer is a person that freely and by choice executes a service without receiving salary (Random House, 2011). As a volunteer one devotes personal time to honorable organizations while relinquishing from financial...

Charitable organization, Leisure, Non-profit organization 1441  Words | 6  Pages

Open Document

Comparing For Profit and Non for Profit Colleges

Comparing Not-For- Profit and For Profit Colleges Colleges and university have slowly become one of the stepping stones into the working world today. People go to colleges for higher education with the intention of earning degrees in which they can use in their respective fields. Some example degrees that people pursue are Medical, Law, Business, Accounting, and Science Degrees. Through the years the idea of college was that it was optional and it was a door for better life and job. However in...

College, For-profit school, Higher education 2166  Words | 6  Pages

Open Document

Strategic Management in Non Profit Making Organization

the societal role of the organization, environmental, technological and human resource factors. With changes in a context, a unique set of managerial constraints arise (Stevens & McGowan, 1983). Context influences the nature of managerial behavior: the actions of a manager in arriving at a decision regarding how to deal with a given context. The way that a strategic plan is developed depends on the nature of the organization's leadership, culture of the organization, complexity of the organization's...

Charitable organization, Fundraising, Non-governmental organization 1115  Words | 5  Pages

Open Document

Types of Organizations, and Their Advantages and Disadvantages

pays personal income taxes on the profits made, making accounting much simpler. A sole proprietorship need not worry about double taxation like a corporate entity would have to. Most sole proprietors will register a trade name or "Doing Business As". This allows the proprietor to do business with a name other than his or her legal name and also allows the proprietor to open a business account with banking institutions. Advantages An entrepreneur may opt for the...

Business law, Corporate tax, Corporation 1744  Words | 8  Pages

Open Document

People vs. Profit: Healthcare in America

Hello, my name is Grant Markley, and today I would like to take a few minutes of your time to discuss the affordable healthcare act, better known as obamacare. There is a great deal of misinformation regarding the act, which has lead to many misconceptions of it. In this speech I intend to shed light on the act and its provisions in relation to our current healthcare system. Give us your tired, your hungry, your huddled masses yearning to breathe free. Those few powerful words perfectly...

Average Joe, Federal government of the United States, Health care in the United States 1777  Words | 5  Pages

Open Document

Non-Profit Budget & Finances

Abstract The objectives of the research project were to analyze non-profit organization budgets and finances. This project focuses on the importance of developing a budget plan. A Budget is a financial plan that requires necessary resources to achieve the program goals. The first step in this process will review the logic in developing a budget plan for a nonprofit organization. Next, I will define budgets and finances as a model of a preparation for developing a budget plan. The second step...

Management, Non-profit organization, Non-profit organizations 2095  Words | 7  Pages

Open Document

Non Profit Outline

Executive Summary Grey Group is a non-profit based enrichment program designed to groom future writers, producers, musicians and artists. Current programs that offer such guidance tend to leave gaps unfilled, specifically at the root of what it takes to survive in the music industry. We want to bridge the gap of know how vs. understanding by providing our youth with vital tools in which are their personal keys to success. Adolescent throughtout teenage years are vital to the growth and development...

Marketing, Marketing plan, Need 923  Words | 4  Pages

Open Document

Nonprofit versus for profit healthcare organizations week 3 hsm 541

Page 1 Nonprofit Versus For-Profit Healthcare Organizations and Options to Improve Both of Their Images Hospitals in the United States first came into existence as “institutions of social welfare,” to provide for the sick, the poor, and to treat diseases. These facilities were mainly run and supported by charities. (Barton, 2009, p.252). Over time, with America’s capitalistic society, the emergence of for-profit hospitals began to compete with non-profit hospitals. Similarities between the...

Health, Health care, Health care provider 995  Words | 5  Pages

Open Document

Is There Really a Difference in Leadership Styles in Nonprofit and for Profit Organizations

Nonprofit and For-Profit Organizations? Submitted By: Dietrice Watkins Strayer University For: Professor Gerry Patnode Date June 21, 2008 Abstract Academic researchers have not found it important to attempt to complete studies based on leadership in non-profit organizations. A main problem that arises is that people tend to confuse the terms leadership and management with each other. Also leadership researchers tend to associate leadership in non-profit organizations with general...

Charitable organization, Fundraising, Leadership 1791  Words | 7  Pages

Open Document


000($970,000-$177,000). The total implicit cost is $190,000($175,000+.15X$100,000). The total economic costs is $983,000($793,000+$190,000). b. The accounting profit in 2010 is $177,000($970,000-$793,000) c. The economic profit in 2010 is $-13,000($970,000-$793,000-$190,000). d. The owner should not leave his job because the economic profit is negative, which means he will earn less if he does his own business. 2. a. The type of agency problem that is involved here is principal-agent problem. Marriott...

Hotel, Marketing, Money 707  Words | 3  Pages

Open Document

For profit and non profit organization

Both not for profit and for profit companies have many similarity and differences. A lot of companies start with the intent of making a profit. These companies also pay taxes and are called profit or for profit companies (Rodwell, & Teo, 2013). Other companies, while they can make a profit begin with the intent of helping others. These companies are not for profit or non-profit organizations. Nonprofit organizations are not allowed to make a profit, and do not pay taxes, but they might generate...

BP, Disability, Egoism 4623  Words | 17  Pages

Open Document

American Red Cross Is a Non-Profit Organization

American Red Cross University of Phoenix Healthcare Delivery in the United States 11/19/2008 American Red Cross The American Red Cross is a non-profit organization. The American Red Cross was founded by Clara Barton in 1881—127 years ago. Clara Barton established the American Red Cross in Washington DC on May 21, 1881. She was the chief of this organization for twenty three years. The idea came to her after visiting Europe and witnessing how the interactions were with the Swiss-International...

American Red Cross, Clara Barton, Geneva 1362  Words | 5  Pages

Open Document

Non Profit organisations in Ghana

(FASB) an N.P.O(Non Profit Organization) is defined in terms of their characteristics that distinguishes them from a business entity as a contribution of significant amount of resources from resources providers who do not expect commensurate or proportionate pecuniary returns, operating purposely other than to provide goods or services at a profit and absence of ownership interest like business enterprises. Non-profit organizations (NPO) do not ...

Charitable organization, Non-profit organization, Non-profit organizations 1762  Words | 7  Pages

Open Document

Principles of Non-Profit Leadership

guides the group or the organization toward its objectives, goals and long-term results. No single characteristic has been found which totally separates nonprofit leaders from other leaders; nonetheless, successful nonprofit leaders should have more drive and determination and probably a greater concentration of positive qualities that related to the nature of the non-profit organization. [Tammembaum 1973]. How does leaders and leadership impact on non-profit organization? The dependence...

Charitable organization, Leadership, Non-profit organization 1280  Words | 4  Pages

Open Document

Non Profit Balance Scorecard Adoption

MGT 697 Non Profit Balance Scorecard Adoption The concept of the Balanced Scorecard was created for for-profit organizations during the late 1980s. Executives wanted to take a different look at the organization’s performance based on factors other than financial statements and balance sheets. The success of this framework worked its way into the non-profit sector after a few short years. Research suggest that non-profit executives “concluded that...

Balanced scorecard, Charitable organization, Management 811  Words | 3  Pages

Open Document

Not for Profit

29, 2012 Martha Nussbaum: “Not for Profit: Why Democracy Needs the Humanities” Martha C. Nussbaum is the author of the book, “Not For Profit: Why Democracy Needs the Humanities.” The book begins by drawing the reader’s attention by explaining the “Silent Crisis.” She describes education in the eyes of the government, and in the eyes of the people. There is a connection made between education and the liberal arts. The title of the book, “Not For Profit,” are three simple words that when put...

Amartya Sen, Critical thinking, Democracy 1621  Words | 5  Pages

Open Document

Non Profit Org

Quiz Non Profits Name_____________________________________________ 1. FASB require the balance sheets of not-for-profits to display a) Net assets in four separate categories—unrestricted, temporarily restricted, permanently restricted, and restricted by creditors. b) Three separate funds—unrestricted, temporarily restricted, and permanently restricted net assets. c) Six totals—total assets, total liabilities, total net assets, total unrestricted net assets, total temporarily...

Accounting equation, Asset, Balance sheet 624  Words | 3  Pages

Open Document

Profit Maximaization

WHAT IS PROFIT MAXIMIZATION?  Profit maximization, in any organization, is the process of identifying the most efficient manner of obtaining the highest rate of return from its production model.  In other words, it is a process that companies undergo to determine the best output and price levels in order to maximize their return.  The company usually adjusts influential factors such as production costs, sale prices, and output levels as a way of reaching its profit goal. METHODS FOR...

Economics, Generally Accepted Accounting Principles, Management 620  Words | 3  Pages

Open Document

Advantages And Disadvantages Of Different Business Organizations

Proprietorship is a business with one owner who operates the business on his or her own or employ employees. It is the simplest and the most numerous form of business organization in the United States, however it is dangerous as the sole proprietor has total and unlimited liability. Self contractor is one example of a sole proprietorship. The advantage of organizing your business as a sole proprietorship is that the process is simple and inexpensive, compared to other organizational structures. A sole proprietorship...

Business law, Corporate tax, Corporation 1140  Words | 4  Pages

Open Document

Profit Max vs Shareholder Max

Profit Maximization vs. Maxing Shareholders Wealth Abstract Profit maximization relates only to profits, while shareholder wealth also encompasses total company equity, debt ratios and various other financial performance measure ratios. One’s management could focus on profit maximization over an extended period of time, while the shareholder would prefer continual increases in stock values and corporate total values. These increases are often more commonly known as “getting in and get out”...

Economics, Management, Net present value 1308  Words | 4  Pages

Open Document

Governance in Non-Profit Healthcare

Governance in Non-Profit Healthcare University of Maryland University College MGMT 640 Executive Summary Good leadership, financial management, and governance are the essentials for success in any organisation, whether the organisation is a non-profit organisation or a for-profit organisation. In non-profit healthcare the seamless interaction of all the parts makes the organisation successful as a whole. Service provided must be...

Charitable organization, Health care, Medicine 1999  Words | 8  Pages

Open Document

Profit Max

MEANING Profit maximization is the traditional approach and the primary objective of financial management. It implies that every decision relating to business is evaluated in the light of profits. All the decision with respect to new projects, acquisition of assets, raising capital, distributing dividends etc are studied for their impact on profits and profitability. If the result of a decision is perceived to have positive effect on the profits, the decision is taken further for implementation ...

Economics, English-language films, Management 1034  Words | 3  Pages

Open Document

The Difficulties With Government Funding And Non Profits

 The Difficulties with Government Funding and Non-Profits Although there are numerous difficult obstacles that face non-for profits today, nothing is more problematic to obtain than government funding. Although it is obvious that non-profit arts organizations absolutely thrive on all sorts of donations and funding; it is not always an easy task to receive the necessary funding from the government. Not only is the difficulty of receiving funding a factor, but many people don’t want their hard...

Non-profit organization 758  Words | 3  Pages

Open Document

Non-profit Organization and Heterogeneous Shopping Product

expanding to global markets because competing foreign firms possess many competitive advantages. 18. A nonprofit organization is an organization that exists to achieve some goal other than the usual business goals of profit, market share, or return on investment. 19. Terms such as fees, donations, tuition, fares, or rates are typically used instead of price for nonprofit organizations. 20. Nonprofit organizations do not use all four Ps of marketing...

Beverages, Chesapeake Energy, Coffee 578  Words | 3  Pages

Open Document

Non-Profit Marketing Plan

I. Executive Summary Grief Counseling Center (GCC) is a non-profit organization established to provide counseling services for individuals who are suffering the loss of a family member. Services will be provided at a nominal fee. The Founder of GCC not only believes in the need for this service, but also is willing to devote his time and money to help those suffering from grief. Grief Counseling Center provides mental health services for a diversified clientele. Clientele ranges from young children...

Board of directors, Counseling, Executive director 1780  Words | 6  Pages

Open Document

The Future of Non-Profits

The Future of Non-Profits Jose M. Peralta Keller University PA571 – Nonprofit Organization Management Kevin Hume February 18, 2011 The Future of Non-Profits “The once-booming nonprofit sector is in the midst of a shakeout, leaving many Americans without services and culling weak groups from the strong. Hit by a drop in donations and government funding in the wake of a deep recession, nonprofits—from arts councils to food banks—are undergoing a painful restructuring, including mergers, acquisitions...

Charitable organization, Fundraising, Non-profit organization 2223  Words | 6  Pages

Open Document

Healthcare Business Organization Paper

Business Organization Paper Healthcare has drastically changed over the years in the United States. As our population is growing in size, a shortage of the number of health care professionals is also growing. Entrepreneurs have greatly benefited the world of health care by assisting with creating more jobs, producing products and services to assist and meet the growing needs of the population, and starting new business organizations to meet the needs of today’s economy. There are different forms...

Business law, Corporation, Legal entities 822  Words | 3  Pages

Open Document

Executive Summary for Non Profit

Executive Summary The Chinmaya Organization for Rural Development (CORD) was established in 1985 in Himachal Pradesh, India. CORD started its work by providing Rural Primary Health Care to the surrounding under developed villages in the area. However whilst engaging closely with the rural communities CORD soon realized that critical healthcare issues were inextricably intertwined with the harsh reality of rural India's poverty, illiteracy, and gender discrimination, all of which hinted at the formidable...

Gender, India, International development 1006  Words | 3  Pages

Open Document

Non-Profit Assistance for the Disabled Veterans

Running Head: Non-Profit Assistance for the Disabled Veterans Non-Profit Assistance for the Disabled Veteran Manester Bruno March 1, 2015 Author’s Note HS8300- Diversity in the Workplace Literature Review Non-Profit Assistance for the Disabled Veteran Non-Profit Assistance for the Disabled Veteran is important for two reasons. First, most veterans who return home after military service will not take advantage of their benefits. These benefits could assist them to better their quality of...

American Legion, G.I. Bill, Posttraumatic stress disorder 977  Words | 6  Pages

Open Document

Maximazing Profit

Maximizing Profits in Market Structures Paper XECO/212 University of Phoenix The structure of a market is defined by the number of firms in the market, the existence or otherwise of barriers to entry of new firms, and the interdependence among firms in determining pricing and output to maximize profits. This paper covers the following: the advantages and limitation of supply and demand, the characteristics of each market structure, the barriers to entry and how organizations in each...

Competition, Economics, Imperfect competition 1763  Words | 6  Pages

Open Document

Increasing Profit Margins

Increasing Profit Margins Proposal for Artemis Sportswear Profit Margin is a ratio that is calculated by dividing net profits of a company by its sales. This ratio measures how much of every dollar generated by sales is retained in company's earnings. Generally speaking, a higher profit margin indicates that a company is more profitable and has better control of its operational expenses. Gross profit margin can also be used to set and monitor sales goals for your company. Because the costs of...

Employment, Generally Accepted Accounting Principles, Gross profit margin 1514  Words | 4  Pages

Open Document

Theories of Profit

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...

Decision making, Economics, Entrepreneur 1210  Words | 4  Pages

Open Document

Non-Profit Commnity Book Festival

Non-Profit Community Book Festival COMM/215 Non-Profit Community Book Festival Charlotte Werner Elementary School is one of 19 elementary schools within the Rialto Unified School District that services school aged children, grades K through 5. This school offers bilingual education programs to those students in need. Charlotte Werner Elementary has a wide variety of different race categories including Asian, Native American, Pacific Islanders, Caucasian, African American, and Hispanic students...

Book, Bookselling, Donation 1997  Words | 6  Pages

Open Document

Y-M-C-a! a Business Overview of a Non-Profit Organization

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...

Board of directors, Business, Charitable organization 1707  Words | 5  Pages

Open Document

Profit and Non profit organizations 1

 Profit and Non-profit Organizations Lakeesha Grass PHI445: Personal and Organizational Ethics Instructor: Tom Snook October 13, 2014 Company Profile (Not-for-Profit- Organization) Profile of YMCA (Franz 2005) YMCA is the non-profit organization of my interest. YMCA is very interesting in development of communities as being a non-profit organization. In June 6, 1844 when YMCA were founded in London, England United Kingdom including its main goal is to put the principles of...

Applied ethics, Business, Business ethics 2972  Words | 12  Pages

Open Document

Profit Margin

| |1-3. |What advantages does a sole proprietorship offer? What is a major drawback of this type of organization? | | | | | |A sole proprietorship offers the advantage of simplicity of decision making and low organizational and operating costs. | | ...

Corporation, Finance, Limited partnership 936  Words | 5  Pages

Open Document

Pros and cons of various Non profit organization

targeted using any platforms that they interact with. Ex: online media platform. 3. Pillar Non Profit Network 60% of Londoners volunteer This fact helps the marketer to that, these volunteers can be of good use for them to fundraise effectively. According to the 2003 National Survey of Nonprofit and Voluntary Organizations (NSNVO), there are approximately 45,000 nonprofit and voluntary organizations in Ontario. This fact shows that the competition in Ontario for nonprofit fundraising might...

Accountable Fundraising, Advertising, Donation 892  Words | 3  Pages

Open Document

Not for Profit Accounting

Abstract Have you ever wondered how not-for-profit organizations are not-for-profit? Or how not-for-profit organizations can operate at an accounting profit but still be considered a not-for-profit organization? Over the year’, not-for-profit organizations have had many changes in rules and regulations set forth for not-for-profit organizations to abide by. There are three major financial statements involved with not-for-profit organizations and one voluntary financial statement, plus four key governmental...

Balance sheet, Financial statements, Generally Accepted Accounting Principles 2445  Words | 7  Pages

Open Document

Comparison of management accounting application between for-profit and not-for-profit organizations

Management accounting in Not-for-profit organizations Comparison of management accounting application between for-profit and not-for-profit organizations Management accounting is a very important discipline, which has been developed to add value to any particular entity by: 1. Providing info for planning and decision making 2. Assisting managers in directing and controlling operational activities 3. Motivating managers and other employees toward the organization’s goals 4. Measuring the performance...

Charitable organization, Fundraising, Management 1265  Words | 4  Pages

Open Document

non profit organization

A non-profit hospital, or not-for-profit hospital, is a hospital which is organized as a non-profit corporation. Based on their charitable purpose and most often affiliated with a religious denomination they are a traditional means of delivering medical care in the United States. Non-profit hospitals are distinct from government owned public hospitals and privately owned for-profit hospitals. In 2003, of the roughly 3,900 nonfederal, short-term, acute care general hospitals in the United States...

Charitable organization, Non-profit organization, Non-profit organizations 3571  Words | 13  Pages

Open Document


Not for profit organization: A non profit organization (NPO) is an organization that uses surplus revenues to achieve its goals rather than distributing them as profit or dividends. While not-for-profit organizations are permitted to generate surplus revenues, they must be retained by the organization for its self-preservation, expansion, or plans.[3] NPOs have controlling members or a board of directors. Many have paid staffs including management, while others employ unpaid volunteers and even...

Charitable organization, Fundraising, Non-governmental organization 4813  Words | 9  Pages

Open Document

Become a StudyMode Member

Sign Up - It's Free