answersLogoWhite

0

What else can I help you with?

Related Questions

Which legal form of business organization is dominant in terms of business receipts and net profits?

Corporations


What does a nonprofit organization do with it's profits?

invests them into the business itself


What is the capital receipts and revenue receipts?

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


This type of business organization has one or more individuals sharing in this profits?

partnership


What is business forecasting?

Business forecasting is basically an estimate of the future developments in a business or organization. This would include sales, expenditures, and profits.


What is a institution that functions much like a business but does not operate for the purpose of generating profits?

nonprofit organization


This type of business organization has one or more individuals sharing in profits?

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.


What is the difference between an organisation and a company?

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.


How can I obtain a donation receipt for a non-profit organization?

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.


What are profitable and non profitable organization?

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.


What are the advantages and disadvantages of a multi divisional business structure?

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.


What is the main function of the business?

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.