Foundations of Business (Standalone Book) (MindTap Course List)
5th Edition
ISBN: 9781305511064
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Question
Chapter 4, Problem 4DQ
Summary Introduction
To determine: The kinds of services not-for-profit corporations provide and whether career in not-for-profit corporation is effective.
Introduction: A corporation is an authoritative type of business that is separate from its proprietors. It is a business that is a different legitimate element from its investors.
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What kinds of services do not-for-profit corporationsprovide? Would a career in a not-for-profit corporationappeal to you?
Why are not-for-profit organizations different from most businesses? Are there any similarities between a goods-producing business and a not-for-profit organization?
Assume that you are the owner of a successful small-to-medium-sized business. You want to grow your business and separate it from your personal finances. What should you do? How will you do it?
In regard to dividends and earnings, when and how should you and other owners be rewarded? What are examples of each type of dividend? Why do some large corporations forgo dividends?
Chapter 4 Solutions
Foundations of Business (Standalone Book) (MindTap Course List)
Ch. 4.1C - Prob. 1CCCh. 4.1C - Prob. 2CCCh. 4.1C - Prob. 3CCCh. 4.2B - Prob. 1CCCh. 4.2B - Prob. 2CCCh. 4.2B - Prob. 3CCCh. 4.3C - Prob. 1CCCh. 4.3C - Prob. 2CCCh. 4.4C - Prob. 1CCCh. 4.4C - Prob. 2CC
Ch. 4.4C - Prob. 3CCCh. 4.4C - Prob. 4CCCh. 4.5B - Prob. 1CCCh. 4.5B - Prob. 2CCCh. 4.6C - Prob. 1CCCh. 4.6C - Prob. 2CCCh. 4.7B - Prob. 1CCCh. 4.7B - Prob. 2CCCh. 4.8C - Prob. 1CCCh. 4.8C - Prob. 2CCCh. 4.8C - Prob. 3CCCh. 4.8C - Prob. 4CCCh. 4 - Prob. 1DQCh. 4 - Prob. 2DQCh. 4 - Prob. 3DQCh. 4 - Prob. 4DQCh. 4 - Prob. 5DQ
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Similar questions
- A corporation is not for everyone, and it could end up costing you more time and money than it's worth. Before becoming a corporation, you should be aware of these potential disadvantages?please mention elaborately?arrow_forwardHow can small businesses compete with big businesses that sell similar goods and services?arrow_forwardWhat disadvantages do a non-profit organization have compared to other types of businesses?arrow_forward
- What is a corporation, and how does it differ from other business structures like sole proprietorships or partnerships?arrow_forwardDue care? Why should a corporation use caution when doing business?arrow_forwardIn your opinion, what are the main advantages and disadvantages of organizing a firm as a corporation? If you were starting a business, would you use this option and why?arrow_forward
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