File Name: comparative study of profit and nonprofit organizations .zip
A nonprofit organization NPO , also known as a non-business entity ,  not-for-profit organization ,  or nonprofit institution ,  is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint : any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. A wide array of organizations are nonprofit, including most political organizations, schools, business associations, churches, social clubs, and consumer cooperatives.
This paper draws on varying theoretical perspectives to explore their respective contributions to our knowledge of NPOs. The two longstanding and contrasting disciplines of economics and sociology have contributed most, traditionally, to the study of NPOs. However, neither of these disciplines has resolved all the dilemmas associated with NPOs. The standard economic model does not apply well to the distinctive nonmarket situation of NPOs. The sociological perspectives offer interesting insight, but fail to develop plans of action for NPOs. However, both of these traditional perspectives are starting to be eclipsed by the focus on marketing research. This is a preview of subscription content, access via your institution.
One of the major myth, regarding the non-profit organisation, which most of the people believe as true is that it does not make the profit from business activity. However, in reality, the non-profit organisation too makes the profit from various activities just like a for-profit organisation does, but only the way of handling profit is different in the two organisations. The basic aspect, which bifurcates business organisation is the purpose of their operation, i. This way, there are two major types of organisation, which are profit organisation and non-profit organisation. A non-profit organization is a legal entity, which operates for serving the society as a whole.
A social unit of individuals that are structured and managed to satisfy a desire or to pursue collective goals is known as an Organization. All organizations have a management composition that decides associations between the various ventures and also the associates, subdivides, and assigns roles, responsibilities, and control to hold out different tasks. Organizations are open systems—they affect and are suffering from their surroundings. There are different organizations, but mainly there is a comparative study of a profit organization and non-profit organization. A profit organization is a corporation that aims to earn profit through its operations and is bothered with its interests, in contrast to those of the general public organization. A non-profit organization is a non-profit-making institution that is allocated to furthering a specific social cause. The aim of this project is the comparative study of a profit organization and non-profit organization.
PDF | This article examines the state of comparative rese arch of Non-Profit Organisations (NPOs). Reviewing articles published in.
This article offers a European perspective on policies and practices regarding government-NGO cooperation in current EU member states, accession countries, and other Central and Eastern European countries. Specifically, it provides a comparative overview of three areas considered significant to the development of stronger NGO-government relations:. Policy documents and institutional mechanisms within government to facilitate civil society in different countries best examples in Europe.
As their names indicate, nonprofit and for-profit businesses vary greatly in some aspects of their operation and most definitely in the overall purpose of their existence. As the Houston Chronicle's James Green writes, "While the aim of for-profit organizations is to maximize profits and forward these profits to the company's owners and shareholders, nonprofit organizations aim to provide society's needs. Non-profit organizations have no owners.
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First write Meaning of Profit organization half page 2.