They are both the same, it just depends on what you are comparing to. A non-profit organization doesn't make any profit and just sends it to greater causes. Other types of business are sole proprietorship, partnership, and more. Sole proprietorship is one person running a business. Partnership is two people running a business. But again, it depends on what you are trying to compare to.
There are several differences, but the main one is this. A corporation is a separate legal entity. A partnership is not.
school organization and business organization is same and different?
Non profit organizations do not pay dividends to shareholders. It can have any type of purpose. Charities are generally non profit organizations that have the purpose of helping human beings in one way or the other. A charity can run a hospital, a soup kitchen, a homeless shelter, etc. A nonprofit can maintain an old lighthouse, an old battlefield, or a museum, etc. Thus while almost all charities are nonprofit organizations not all nonprofit organizations are charities.
:)Am beginning with a smile because i asked the same question to my business teacher when i was in form 4 and i will answer you exactly as she answered me.The difference between business (transaction) and business organization can be understood by defining business and an organization.A business - is a process of going into a transaction with a customer (either buyer or business partner), to purchase your good or services. it can also be defined as an exchange that occurs between a manufacturers and customer, where the manufacturer provides the customer with goods or services in return for the customer's money (value of goods or services sold).An organization - is an established entity, with the sole purpose of selling good and services, or serving as a distribution network for goods and services.therefore, the difference between business and business organization is that, business is the process of engaging in transaction or negotiating a deal of exchange between a customer (either individual or company) and seller (either individual or company), while a business organization is an a firm established for the sole purpose of undertaking a business activity.so business is an exchange or transaction between a customer and seller, while business organization is a firm that sell business (goods or services) to people.
An organization is like an individual business and a industry is an larger organization that produce and manufacture goods
No difference.
There are several differences, but the main one is this. A corporation is a separate legal entity. A partnership is not.
An extrapreneur creates a company; an intrapreneur creates an organization within an existing organization, or simply develops business of an existing company.
school organization and business organization is same and different?
Tax exemption, restrictions on funds, and sources of revenue.
The best organization strategy for examining the differences between two subjects would be compare and contrast.
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ERP is an integrated TPS that facilitates the flow of information between the functional areas of a business, primarily provides an organization with an integrated suite of TPS functionality.
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The term nonprofit or not-for-profit does not mean there is no money in the organization, in fact most organizations deal with very large amounts of money flowing through out the organization. In fact when you look at the difference between how a NPO's money is handled and how a for profit enterprise handles their money you will see that the only difference is that there are no stock holders and the money is generally donated to NPO's and earned by for-profits.
Corporate Relations means any sustainable relationship between a company and a nonprofit organization (NGO )providing value to both. Corporate Relationships are cause and mission-related. These relationships are often started by the nonprofit organization, but can also be started from the corporate side. A main purpose of corporate relations is to support the organization’s mission.