Fundamentals of Corporate Finance
Fundamentals of Corporate Finance
11th Edition
ISBN: 9780077861704
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 1, Problem 10CRCT

Not-for-Profit Firm Goals [LO2] Suppose you were the financial manager of a not-for-profit business (a not-for-profit hospital, perhaps). What kinds of goals do you think would be appropriate?

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Suppose you were the financial manager of a not-for-profit business (a not-for-profit hospital). What kinds of goals do you think would be appropriate?
QUESTION ONE  The followings are true about the concept of social finance EXCEPT,       A ) The primary objective of the third sector is to realize the social welfare of some members, customers, or society.       B ) Social finance tries to resolve social, economic or environmental issues that are ignored or inadequately addressed by the formal public sector and profit-oriented private sector.     C ) Social economy usually refers to the economic activities of the third sector.     D ) Social finance institution aims to fill the gap between social impact and financial profit in their financial decision.
Imagine you work for a company that uses gainsharing. Do you think you would like it? Why or why not? ch14
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