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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 importance of setting business objectives?

It is important to set objectives in business in order to keep focused so as not to waste time, money and other resources. The narrower the focus, the easier it is to get your business right.


What is finance and accounting management processes and strategies and what happens to this process and its functions after enterprise resource planning ERP is applicated?

Finance is all about money - making money, using money, making more money. People invest, buy, and save with money. Money is important to your standard of living, to your education, to your retirement. (Okay, so you can't imagine retiring; after all, you're what? 17? 18? And you're not going to get old, right? Well, it happens. Deal with it. And remember Social Security may not be there for you. Finance is all about money - making money, using money, making more money. People invest, buy, and save with money. Money is important to your standard of living, to your education, to your retirement. (Okay, so you can't imagine retiring; after all, you're what? 17? 18? And you're not going to get old, right? Well, it happens. Deal with it. And remember Social Security may not be there for you.


How can managers improve their decision making?

by working hard to get better money and to get some where in life


What decision are you making in the second step of the intervention model?

You are deciding whether or not the guest has enough money to pay

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