A for-profit organization operates with the primary goal of generating profits for its owners or shareholders. Unlike nonprofits, for-profits are not tax-exempt and can engage in a wide range of activities, including those aimed at profit maximization. Examples of for-profit busi...
Akey differencebetween a nonprofit and a not-for-profit is that nonprofits are run like a business, while not-for-profits are considered “recreational organizations” that do not operate with the business goal of earning revenue. Nonprofits also may have paid employees, whereas not-for-profits ...
3 businesses, not-for-profit group get DuPage achievement honors.(Business)Schmitt, Anne
In not-for-profit businesses and state-run entities, a value-for-money audit can be used to measure performance. It covers three key areas: economy, efficiency and effectiveness. Which of the following could be used to describe effectiveness in this context? A. Achieving agreed targets B. Avo...
Many not-for-profit organizations dread the unrelated business income tax (UBIT) because it can be a challenge to sort out when a not-for-profit’s activities are subject to the tax and when they are not. However, it’s important that organizations that qualify as tax-exempt get their arm...
In not-for-profit businesses and state-run entities, a value-for-money audit can be used to measure performance. It covers three key areas: economy, efficiency and effectiveness. Which of the following could be used to describe effectiveness in this context?A. Achieving agreed targetsB. Avoid...
NOT-FOR-PROFIT ORGANISATIONS 非营利组织是指不是以营利为目的的组织,它的目标通常是支持或处理个人关心或者公众关注的议题或事件。非营利组织所涉及的领域非常广,包括艺术、慈善、教育、政治、宗教、学术、环保等等。非营利组织的运作并不是为了产生利益,这一点通常被视为这类组织的主要特性。然而,某些专家认为将...
Although many of the principles of management and organisation apply to most business models, not-for-profit organisationshave numerous features that distinguish them from the profit maximising organisations often assumed in conventional economic theory.
For-profit schools are usually in business to make money or turn a profit. They pay taxes on those profits. Parents pay for the school's services just as though they were customers. Examples of this sort of school include Le Rosey in Switzerland, Sylvan Learning Centers, the Nobel Schools,...
Finally, while for-profit businesses can engage in a huge range of activities, not-for-profit businesses must operate exclusively as a charity or for scientific, religious, or public safety purposes.3 Additionally, not-for-profit organizations may exist to collect income to dispense to other quali...