Profit

For-profit universities are recently being recognized as a social problem. A for-profit university is defined as a school that is owned and operated by private corporations, whose top priority is to make money (IPFW). These schools often only offer two-year associate degrees and certificate programs, but they rarely offer general education and liberal arts programs. This means the students cannot advance to a higher degree. Also, for-profit lack accreditation, so most credits from an accredited

Gross profit margin reflects the amount of revenue from sales that is left for profit and to pay other expenses after the cost of the goods sold is subtracted. This margin is roughly equivalent to the markup on a product and reflects the amount over cost the company is able to charge. Firms in retail can usually increase their gross profit margin if they can differentiate themselves from their competitors and charge a higher price for roughly equivalent products. Staples has pulled ahead of Office

1. What do for-profit colleges and what particular group do for-profit colleges appear to be marketing to? For-profit schools, through clever showcasing, guarantee another opportunity for those who've gotten off track, a brighter future for those trapped in an endless cycle, and no less than, a school instruction custom fitted to the individuals who don't have sufficient energy, cash, or capacity to attend a local college or university. What are the pros and cons of for-profit college institutions

Wages and profit maximization: How managers can maximize the profit during crisis Among many other objectives of the management like “market share maximization, growth maximization and maximization of managerial return” ( Truett, Lila,J.,& Truet, Dale, B., 2004), the primary goal of each manager is to maximize profit of the company for short- and long-run period. Although there are many other concepts sustaining the idea of increasing shareholder’s wealth as the only manager’s role, the

statement applies to the context of business planning. In business world, there are two types of organization: for-profit organizations and non-profit organizations. There are differences between these two. They are different in many aspects including goals, mission, source capital, etc. They are different from each other. For-profit organizations focus on earning profit and sales. Non-profit organizations focus on giving back to the community. Thus, how organizations plan and operate the businesses will

Hospitals, schools, religious organizations, and charitable organizations are all not-for-profit organizations. Not-for-profits are either member-serving or community-serving and focus on providing services to either the members or the community and does not exist to make a profit. Furthering their cause is more important than making a profit. Member-serving organizations include credit unions, sports clubs, trade unions, retired serviceman’s clubs and their responsibility is to benefit its own members

Considered Non-Profit? Many entrepreneurs and business people are understandably confused about what is required for a corporation to be considered non-profit. A nonprofit corporation, or 501(c)(3), is a charitable organization that is recognized by the IRS. Non-profits do not pay income tax on its earnings or donations. Whenever people donate to a non-profit, they can reduce their taxable income through itemized deductions. Why Form a Non-profit? The primary reason people form a non-profit is to pursue

In this paper, we will compare and contrast the difference between a for-profit and a not-for-profit healthcare system from a financial perspective. Also, this paper will provide examples of both, and the implications of each on the health professionals, the patients, and the insurance companies. The United States is confronting some overwhelming financial difficulties, not the slightest of which is our broken social insurance framework. The U.S. spends about twice as much cash per capita on social

Non-Profit Management and Leadership – BUS 535 Professor Melissa Patterson Ann Elliott The importance of non-profits in the current economy and society Non-profit organizations have been in existence in the United States since the 1950’s but grew and expand in the public sector in the 1970’s. Prior to nonprofits there were charitable and philanthropic organizations and associations going as far back as the 1800’s. These organizations were instrumental in addressing social ills and that

Non-profits are known for working on issues pertaining to society’s problems, but where can they improve? Where do the ideas of sustainability, justice and responsibility fit into their framework? In the twenty years of working with various nonprofit organizations within the United States I’ve seen many areas where improvements can be made. Starting with transparency, ethical treatment of their volunteers and clients and competency of boards and executive directors. I’m excited by the idea that