Profit Maximization Essay

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    arguments for and against non-profit hospitals, it is important to know what they are and what they are about; as well as for-profit hospitals. As explained and described by the career information organization JobMonkey in their article “Health Care Non Profit Organizations - Not for Profit Health Services Jobs”, non-profit hospital is defined as, a solely community-focused healthcare organization that supplies various services from within the hospital with no desire to seek a profit, as well as…

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    What accountants do in the different types of organizations, the comparison of for-profit and not-for-profit organizations, and the comparison of the financial statements are major aspects of this position and should provide some insight on what the job position would consist of. With the right kind of passion it can be a very rewarding career that…

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    by virtually any company represents the keystone of that company’s overall success. For non-profit organizations, however, hiring and maintaining a viable workforce becomes all the more important since the company is often dependent upon the goodwill of its donors and or supporters. In developing this workforce, the chief operating officer (CEO) of the Triple-F Foundation, a public, 501(c)(3) non-profit organization founded to provided financial assistance for the family members of fallen fire…

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    marketing memberships in for-profit organizations and making about the same income that your position will pay. Assuming you could not offer more money, what would you say or do that could make a top candidate accept your offer?…

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    nonprofit they serve. The mission for nonprofit organizations is key and board members must know and be obedient to the mission. The 5 member HHV board is made up of John Meagher who is the chairman of the board and former trial Judge. Michael Lawson serves as treasurer of the board and is a former veteran affairs director who understands hospitalized veteran’s needs. Nora Egan has the title of director and has a background in human resource management. Dr. Keith Stuessi also has the title of…

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    It is truly amazing when you are able to find an organization or program that can stick to their values and acknowledge an obvious problem. With so many organizations out there you can never really know everything about them without some further exploration. Since being told about the organization called Outreach360 it always seemed like a good program to analyze. Outreach360 is an organization that is focused on making an effort to create volunteering opportunities around the world. It should…

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    What is the YMCA? The YMCA is a non profit organization with the mission statement that “Every day, we work side-by-side with our neighbors to make sure that everyone, regardless of age, income or background, has the opportunity to learn, grow and thrive.” (The Y). The YMCA also known as the “Y” has many different strengths that help the community thrive and grow together. The “Y” is in over 10,000 different neighborhoods around the nation with a goal to deliver a positive change. (The Y). The…

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    anticipate the need for board members to visit and see RLW’s business operations first-hand and our projections account for those travel expenses. Net profit We anticipate that, despite a small loss in year one, Roatán Leather Works will be profitable in year two. Net profit will grow to more than $610,000 by year five. During that same timeframe, net profit margin is expected to grow from -11.5% to 40.4%. This increase acknowledges greater efficiency of operating expenses over time and…

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    In module two, we discussed two important things for nonprofit organizations: Managing the Resource Development Function, defining audiences and developing a case. Nonprofit organizations should keep track and improve every area of the organizations in order to obtain the best results. By keeping tracking and improving, nonprofit organizations will maximize their net income which will help them to grow. Just in the same way, in order to make improvements, an organization should be listening to…

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    Overview The Wounded Warrior Project (WWP) is a 501©(3) non profit, non-governmental organization whose mission is “To honor and empower Wounded Warriors” (Wounded Warrior Project, 2014). This mission statement addresses two of the major elements of a mission statement: What: Honor and empower Who: Wounded warriors It does not address “where” it will provide services and “how” these services will be provided. This leaves the WWP open to provide a wide range of services that may change over…

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