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Q: How does strategic management differ in profit and nonprofit organization?
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How does strategic management differ in profit and non profit organizations?

a. relationship between IMC processes and marketing strategy in profit and not-for-profit organizations.


How many types of information system in business organization?

Information systems differ in their business needs. Also depending upon different levels in organization information systems differ. Three major information systems areTransaction processing systemsManagement information systemsDecision support systemsThe information needs are different at different organizational levels. Accordingly the information can be categorized as: strategic information, managerial information and operational information.Strategic information is the information needed by top most management for decision making. For example the trends in revenues earned by the organization are required by the top management for setting the policies of the organization. This information is not required by the lower levels in the organization. The information systems that provide these kinds of information are known as Decision Support Systems.


Do the principles of management applicable in 'for-profit organizations ' differ from those applicable in 'not-for-profit organizations?

The principle of management process applicable in both process for profit organization and not profit organization .they are the same but the only difference is in profit organization they have to pay the taxes. A non-for-profit organization is an organization whose main purpose center on issues other than making profits. For example non-for-profit organizational include government organization, charitable institution ,health care etc.


How does the modern financial manager differ from the traditional manager?

The modern financial manager is more focused on strategic planning and decision-making than the traditional manager. The traditional manager is more focused on operational tasks and day-to-day management.


What management style would you use?

Management is pervasive in process,function and activity in any organization to effectively and efficiently utilize the resources to achieve the organizational objectives by planning,organising,staffing,directing and control.The traditional style of management and modern style of management differ in the methodology of the institution.Its use also would depend on the objectives and the means used to achieve the goals.

Related questions

How can I get a nonprofit management degree?

In 1995, with the generous support of the Kellogg Foundation, Seton Hall University undertook a major research project to examine the impact of nonprofit management education programs on the nonprofit community. The first phase of the project, based on a survey of universities and colleges, sought to answer the following questions: What is the current universe of graduate programs that focus on the management of nonprofit organizations? Where are they situated in the university--in colleges of arts and sciences, business, public administration, or elsewhere? What courses are offered? What degrees are granted? Do course offerings differ by type of degree granted?


How does strategic management differ in profit and non profit organizations?

a. relationship between IMC processes and marketing strategy in profit and not-for-profit organizations.


How many types of information system in business organization?

Information systems differ in their business needs. Also depending upon different levels in organization information systems differ. Three major information systems areTransaction processing systemsManagement information systemsDecision support systemsThe information needs are different at different organizational levels. Accordingly the information can be categorized as: strategic information, managerial information and operational information.Strategic information is the information needed by top most management for decision making. For example the trends in revenues earned by the organization are required by the top management for setting the policies of the organization. This information is not required by the lower levels in the organization. The information systems that provide these kinds of information are known as Decision Support Systems.


How does MBO differ from traditional management?

How does MBO differ from traditional management?


Do the principles of management applicable in 'for-profit organizations ' differ from those applicable in 'not-for-profit organizations?

The principle of management process applicable in both process for profit organization and not profit organization .they are the same but the only difference is in profit organization they have to pay the taxes. A non-for-profit organization is an organization whose main purpose center on issues other than making profits. For example non-for-profit organizational include government organization, charitable institution ,health care etc.


How does a process-based organization differ from an organization that is functionally-based?

in uk


How does Transaction Processing System differ from management Information System?

Transacton Processing Systems are a kind of information system. They collect, store, modify, and retrieve the transactions of an organization. A Management Information System are used to analyze other information systems applied in operational activities in an organization.


How does the modern financial manager differ from the tradition financial?

The modern financial manager is more focused on strategic planning and decision-making than the traditional manager. The traditional manager is more focused on operational tasks and day-to-day management.


How does the modern financial manager differ from the traditional manager?

The modern financial manager is more focused on strategic planning and decision-making than the traditional manager. The traditional manager is more focused on operational tasks and day-to-day management.


How does sports management differ from corporate business management?

They don't, neither is a real thing.


What management style would you use?

Management is pervasive in process,function and activity in any organization to effectively and efficiently utilize the resources to achieve the organizational objectives by planning,organising,staffing,directing and control.The traditional style of management and modern style of management differ in the methodology of the institution.Its use also would depend on the objectives and the means used to achieve the goals.


How does modern financial manager differ from the traditional financial manager?

The modern financial manager is more focused on strategic planning and decision-making than the traditional manager. The traditional manager is more focused on operational tasks and day-to-day management.