Corporations
privately owned business owners share no profits. they pay taxes and that is not sharing profit.
J. P. Morgans influence was not limited to banking. By using his banking profits to gain control of major corporations, he became a dominant figure in American history
taxes
Before growth there are most important objectives for a business, first at all to make profits maximisation, business survival.So to be survived on the market,it will have to lower its prices of the products even though it will have a lower profits.
A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.
Corporations
invests them into the business itself
REVENUE RECEIPTS* Receipts related to NORMAL ACTIVITIES of the business* Credited as revenue to Trading and Profit & Loss Account* Examples: receipts from sales of goods and services, rent, commission and interest on bank deposits received by the businessCAPITAL RECEIPTS * Receipts derived from activities which are not part of the normal trading activities of the business* Appears as capital or liabilities in the Balance Sheet* Examples: receipts of cash brought in by partners, shareholders, debenture holders and bank loans
partnership
Business forecasting is basically an estimate of the future developments in a business or organization. This would include sales, expenditures, and profits.
nonprofit organization
A partnership is a business where two or more people come together to start and run a business. Some of the attributes of this type of business is that two or more people share in the profits and losses.
A company is Business organization in structure, where people work for only profits and pay taxes. They will use that money for improving their business and share the profits. But in an Organization, people of same goals work together to achieve a particular mission. They will also get profits, where they need not pay the taxes. Sharing of profits is not possible here, they will use that profit to improve and achieve their mission.
To obtain a donation receipt for a non-profit organization, you can typically request one directly from the organization by providing details of your donation, such as the amount, date, and method of payment. Many non-profits also provide donation receipts automatically for tax purposes.
A profitable organization refers to an organization that is run with the purpose of making profits. A non-profitable organization on the other does not making any profits and mostly depends on donors for their operations.
One advantage to having a multi divisional business is the fact that the business can expand into different industries. A disadvantage is the fact that one division can affect the profits of the entire organization.
This is predicated upon the question, why are we into this business? We are into this business to make profits; provide a good or service which is not being produced currently etc. How are the profit objectives achieved? It is through the functional areas of the business such as marketing, Human Resource etc which help the organization to realize its functions. Therefore, the functional areas of a business are the vehicle by which the organization's functions are realized.