Case Study Analysis of Personal and Organizational Ethics and Values between For-Profit and Not-for-Profit Organizations
Insurances & March for Dimes
Not-for-profit organization’s primary goal “is not to increase shareholder value; rather it is to provide some socially desirable need on an ongoing basis. It generally lacks the financial flexibility of a commercial enterprise because it depends on resource providers that are not engaging in an exchange transaction. The resources provided are directed towards providing goods or services to a client other than the actual resource provider. Thus the not-for-profit must demonstrate its stewardship of donated resources —money donated for a specific purpose must be used for that purpose.” (LII - 1992) For-profit organization’s primary goal is “making money (a profit), which focuses on a goal such as helping the community and is concerned with money only as much as necessary to keep the organization operating. Most companies considered to be businesses are for profit organizations; this includes anything from retail stores to restaurants to insurance companies to real estate companies.” (Business dictionary) Good abstract! Try not to use dictionaries or encyclopedias as references for college-level papers. Case Study Analysis
I have decided to do my case study on the not-for-profit organization “March of Dimes” and the for-profit organization “Insurance Companies.” These two different organizations are similar in what they stand for and that is helping the client by any means possible. They are also very different due to the nature of their organization and what they have to offer. I am about to prepare a Case Study Analysis of Personal and Organizational Ethics and Values between the For-Profit (Insurance Companies) and Not-for-Profit Organization (March of Dimes). Be sure to give a strong thesis statement in your introductory paragraph.
The not-for-profit organization, “March of Dimes” provides mothers, pregnant women and women of childbearing age with educational resources on baby health, pregnancy, preconception and new motherhood, as well as supplying information and support to families affected by prematurity, birth defects, or other infant health problems. Have you ever thought about how difficult it is for a baby to be born without low birth weight, prematurity, or birth defects? After visiting the March of Dimes website I learned that over 460,000 newborns in the United States alone are born prematurely. I found that the March of Dimes, Mother’s March, and Walk-America were just three of the well-known, not-for-profit organizations in the United States. Each of these organizations main focus is putting an end to prematurity and each work to make their name well-known. The March for Dimes, has been highly effective in advocating for women's and children's health. The not-for-profit organization is also a great sponsor for public awareness campaigns; the organization represents some of the most famous names in medicine and is organized into more than 90 local chapters, overseen by a national office. The organization was comprised of volunteers and researchers in a partnership, and today the same holds true. The foreseeable objective of course is to fight until prematurity and birth defects no longer exist. The foundation was founded by Franklin D. Roosevelt in 1938. “The organization began as the National Foundation for Infantile Paralysis. The name "March of Dimes" coined in the late 1930s by vaudeville star Eddie Cantor as a play on the contemporary newsreel series "The March of Time" was originally used for the foundation's annual fundraising event and gradually became synonymous with that of the organization. It was officially adopted as the organization’s name in 1976, when it became known as the March of Dimes Birth Defects Foundation. In 2007, the name became the March of Dimes Foundation.” The...
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