That would be an organization that doesn't profit.
It will normally be a charity of some description, they use the term 'non-profit' organization to show that they aren't just keeping donated money for themselves.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
Organizations are formed by group of persons having common destiny. Destiny means objectives that organization focus to achieve. objectives might be oriented with profit,non-profit and others but achieving it for the welbeing of stakeholders is undoubtedly the basic purpose of a business 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.........
There is mention of relevance of profit in regard to a business organization, but no mention of irrelevance of profit in business.
Can a nonprofit foundation give money to a for profit organization
The purpose of a non profit will be different for every non profit.
It is an organization that exists to serve a purpose as opposed to make money.
Yes. The intent is not to avoid profit; the intent is to serve a purpose. Profits are retained by the organization as opposed to being paid out to the owner in a for profit.
That would be an organization that doesn't profit. It will normally be a charity of some description, they use the term 'non-profit' organization to show that they aren't just keeping donated money for themselves.
To promulgate the organisation's interest whether those are profit or non profit making interests.
They are put back into the organization. They may be used for land, buildings, equipment, staff salaries, or devoted to the purpose for which the organization was created. Non-profit means the proceeds do not go to "owners", but to the organization itself.
By... being a non profit organization?
An legal and accounting organization which serves the whole community there purpose is non profit earning.
Non profit making organization is the type that does not deal with profit oriented
The ARC is a non-profit organization.
Where can you ask for Turkeys for a non profit organization?
The opposite of a non-profit organization is a profit organization. A non-profit organization does not carry out activities with the intention of making profits.