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I believe that each individual is struggling in their business or individual aspects to make it very profitable business in less than a year. It is important to believe that thoughts create every piece of reality true to reach success. By knowing the final outcome its important to make creative decisions. Moreover its great to take action and implement new business strategies only when you feel very sure.
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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.
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.
Do the principles of management applicable in 'for-profit organizations ' differ from those applicable in 'not-for-profit organizations. Discuss why or why not?
SOLUTION:Yes the principles of management are applicable in for profit and not-for-profit organizations and these principles are same for profit as well as not-for-profit organizations. Because every business need proper management by applying management functions, policies rules and regulations to run in proper way and for long term existence either business is for profit and not-for-profit organization.Principals of Management are almost same everywhere either it is for profit or not for profit organization. As we know, Management process is the set of ongoing decisions and work activities in which managers engage as they plan, organize, lead and control. So, these four things are known as main pillars of management, and we see these four pillars in every organization, for example, data copied from vu solutions dot com if you are going to start a not for profit organization, the employees will of course needed there and you will plan to determining organizational goals and the means for achieving these goals, organize, lead and control; upir employees as a leader, so, if we go through basics of principals of management, i think they are almost same in both type of organizations.
Why the principles of management applicable in for profit organizations differ from non profitable organizations?
Generally there is no difference only when they come to financial policies there is a great difference. As profit organizations finance from there Income while non profit organizations take funds and donations.
Objectives of profitable and non profitable businesses?
The objectives of a nonprofit and a for profit business is to make money. Nonprofits handle the monies they collect much differently than for profit organizations.
What is the difference between nuances and subtleties?
Nuances and subtleties are basically the same thing.
What do you mean by cash profit?
Cash profit means profit after tax plus depreciation.
What does monthly profit mean?
a monthly profit means to make a profit every month in a company.
What does profit margin mean?
Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin
What does profit-free mean?
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What does controllable profit mean?
Controllable profit measures managerial performance Divisional profit measures divisional performance.
What is the difference between not-profit and non-profit?
No difference. They mean the same thing.
What is the difference between not-for-profit and non-profit?
No difference. They mean the same thing.
What do you mean by cash?
Cash profit means profit after tax plus depreciation.
What you mean by cash?
Cash profit means profit after tax plus depreciation.
What examples can be used to explain nuances?
Nuances means slight variation or distinction in meaning or color. An example is: The grey nuances of the tree bark and his fur made the forest a safe hiding place for the rabbit.
What do you mean by commercial activities?
For profit.
