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are the group of people provide goods and services in exchange of money or to get profit
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∙ 11y ago
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Does the economic principle apply to non-profit seeking businesses as it does to profit seeking businesses?
yes
What does a monopolist competition do to maximize its profit?
If a company or organisation is a monopoly it has no competition. Therefore it can do anything it wishes to maximize its profit
What are the rewards of factor of production?
land- rent labour- wages capital- interests organisation- profit
Do profit comes to an organization when its responsibilities have be met or must an organization makes a profit before it can meet its responsibilities?
Profit come to anorganisation when its responsibilities had been metbeacause profit is the last or remaining proceeds after all cost and its subsidiaries had been met.The responsibilities of any organisation is to meet its basic operational needs,pay the staff,pay tax etc,Therefore an organisation must first devote it energy on meeting its responsibilities then profit come if those responsibilities had been met effective and efficiently.
What is profit and non profit organization?
profit org. are those orgs. whose motive is to earn maximum profit bye ferforming legal activity like economic activities. Profit org. make P&L account and cash book nd non-profit orgs. are those whose motive is social welfair . tha main motive of non-profit organisation is to providing moral satisfaction to sosity by doing non-economic activity. Non-Profit orgs. make recipt and payment account and income and expenditure account.........
Is it legal for a non-profit organization to ask for money from people?
Its normally referred to a s "NOT for Profit" Organisation. These are usually Charitable organisations. therefore, if they are seeking money they do so under the terms of charitable donation. Depending on where you are in the world will depend on the legal boundaries that such an organisation can work
What is Profit-making companies?
A profit making organisation is an organisation which its priority is to make a profit rather than to help the community.
When was Archive - non-profit publishing organisation - created?
Archive - non-profit publishing organisation - was created in 2009.
Does the economic principle apply to non-profit seeking businesses as it does to profit seeking businesses?
yes
Is seeking adjective?
It can be: seeking - adj : trying to obtain; "profit-seeking producers"
Which is grammatically correct a non-profit organisation or an non-profit organisation?
I have read this book and it really helped a full step to step guide on how to start, a non profit business. check out my page
Are churches turning into profit making organisation?
Some churches have been criticized for focusing too much on financial gain, such as through tithing or selling merchandise. While this may be true for some churches, many continue to prioritize their spiritual mission and charitable work over profit-making activities. It is important to evaluate each church individually rather than making sweeping generalizations.
Why is profit maximization a primary goal to an organisation?
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Is Asda Walmart a profit or non profit organization?
i think that it is a profit organisation as they make money out of what they do such as own brands etc
What is a non-profit or a not-for-profit organisation?
It is an organization that exists to serve a purpose as opposed to make money.
What are the rules of management?
he is responsible for the overall profit planning of the organisation
What is the community of organisms?
To promulgate the organisation's interest whether those are profit or non profit making interests.
