The following statements have been made about measuring performance in not-for-profit organisations: (1) Output does not usually have a market value, and it is therefore more difficult to measure effectiveness. (2) Control over the performance can only be satisfactorily achieved by assessments ...
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What is Non-Profit Corporation? It refers to those organizations which are formed with the permission from the state and tax authorities to perform activities within organisation for certain cause like, education, hospital, religious purpose or charitable, with non commercial services. The directors or...
formation of a corporation by fulfilling the necessary procedure of the government to form a business for profit making, or professional job or non profitable organisation. Incorporation is basically constructing the foundation base of any firm or organisation as per the statute of state. History an...
As an independent, not-for-profit organisation, our educational products offer impartial and sound learning on which individuals and businesses can build knowledge and expertise. Social responsibility is a part of all our teaching programmes, thereforeWSET is proud to supportWine in ModerationandDrinkAw...
a former non-profit executive with over 25 years' experience of working in this sector indicates that while the non-profits have diversified their revenue sources, the revenue diversification does not necessarily ensure financial sustainability, as striking the right balance is still a major challenge...
What does the statement 'sales is the principal budget factor' mean? A The level of sales will determine the level of cash at the end of the period B The level of sales will determine the level of profit at the end of the period C The company's activities are limited by the level ...
考点 Chapter15Budgeting 解析 The principal budget factor is the factor which limits the activities of an organisation.Although cash and profit are affected by the level of sales (options A and B), sales is not the only factor which determines the level of cash and profit. ...
What does this mean for your organisation? While some of the allegations in the concise statement are specific to Medibank’s circumstances, Annexure B in particular provides a helpful checklist for organisations by setting out the specific measures that the OAIC expects well-resourc...
Funding comes primarily from selling goods and services to consumers, with additional support through grants. Because profit maximization isn't the primary goal, a social enterprise operates differently than a standard company. However, generating revenue is still essential for sustainability, distinguishing...