Disadvantages Of Oxfam Being A Not For Profit

Due to the high success rate of Oxfam, they now have over 90 stores all over the world and over 100,000 employees and volunteers. However that doesn’t include the people which participate in fundraisers: such as fun runs, festivals, cycling and running events to support the charity. The Oxfam Headquarters is located in Cowley, Oxford. As a multinational charitable organisation, Oxfam has many supporters, nevertheless, they still want to better themselves and help more people. As they’re a charity based organisation, their aim isn’t to make a profit but to make a lot of money which they will then spend on helping people.

Oxfam on the other hand is a charity organisation that helps to ‘end poverty’ they do this completely using funding from the general public and organisations that choose to affiliate with them. They get their money by people donating online or by mail and they also have a few National funded stores dotted around the country. (http://www.oxfam.org.uk/what-we-do/about-us)

The differences between Asda and Oxfam is that Asda is a public limited company and Oxfam is private limited company and is non-profitable whereas Asda is a profitable company.

According to Daft the main difference is that for-profit organizations’ bottom line is to earn money, while non-profit will focus on social impact (p.13). Therefore, the key stakeholders’ expectations would be within the increase profit and market position of their organization. In contrast, regarding the non-profit organization the expectations are parallel to diversity of the stakeholders. For instance in the case of the Salvation Army, the volunteers, customers, donors, and government agencies, will have different expectations of the organization, while the leadership would balance those expectations to achieve the non-profit goals.

According to our text, “Not-for-profit organizations lack a residual ownership claim and the organization’s purpose is something other than to provide goods and services at a profit.” “Because significant resources are provided to governments and not-for-profit organizations, financial reporting by these organizations is important.” (Page 2).

If for example this was to change, and the volunteers and employees no longer agreed with mission statements, they would be less likely to volunteer meaning Oxfam would have less money to fund their cause, because they would have to employ more staff. They voluntarily help to run and operate the business, this is very helpful to Oxfam because it means they can save money, and invest in other areas of the business. The employees at Oxfam have a huge influence on the business because they give up their personal time because they believe in social justice.

Successful management of a not-for-profit organization requires providing high-quality service, but at the same time, careful administration - to reduce expenses and automate processes are ongoing requirements. Each type of not-for-profit organization has unique management needs. For example:

This is a significant benefit as owners of the organisation will not be liable to pay for debts to the organisation such as fines and outstanding fees. Another advantage is the opportunity to assist the community via funds and volunteer work. However, with advantages come disadvantages. Some of the disadvantages surrounding this matter include having higher compliance costs and there being limited funding (Government of South Australia, 2015). The group decided on a not for profit for YPO due to a number of reasons. The main reason we chose this component is because in NPO, the surplus gets put back into the organisation to further achieve the proposed goal. Our agenda for YPO is focused on the community and helping those in need. We are not an organisation that focuses on making a money and profit.

I agree with you that nonprofit organztion have the right to refuse to teach something. I think that children are going to get the knowledge about the world from their friends and the streets. I think that it is our jobs after the parents to educate them on the important of the basis of health life. I think that the girls should be educating on all things health so they can go into adult with the knowledge. I think it is our job to show what is out there so they can be educate on the basis so when the decide is brought up , they will be full

Not for profit organisations consist of organisations that are not run for the profit or personal gain of individual/s. They are often referred to as charities and provide benefit services to society, often encouraging people to band together by sharing resources to achieve a common goal. Profits can be obtained by these organisations but must applied for the organisations purposes. These organisations include Surf life-saving, Churches, and Salvation Army etc. (Sessoms, 2014).

Disadvantages for non-profit hospitals is they are not owned by anyone; meaning that some non-profit hospitals may not be able to afford all of the latest technology or sometimes offering the cost-effective services when operating in lower-income areas. Non-Profit hospitals have “higher operating costs because of a high amount of uncompensated care and the charitable component of their operations” (Kovner & Knickman, 2008).

Non-profit organizations do not belong to the commercial sector or the public sector, but occupy an intermediate position. It gives

A not for profit organization is a corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive (Legal, 2013).” There are immense community benefits as a not-for-profit generally accepts everyone regardless of ability to pay. Nonprofit organizations are granted tax-exempt status which helps them to provide services to the public and are expected to be effective managers of their finances as well as being efficient (Financial Management, 2010). In doing so, they can gain exemptions from federal and state incomes taxes and have the ability to solicit tax-deductible contributions (Financial Management, 2010). Organization must follow legal financial

A non-governmental organization is a non-profit, citizen-based group that functions independently of government. NGOs, sometimes called civil societies, are organized on community, national and international levels to serve specific social or political purposes, and are cooperative, rather than commercial, in nature. (3) Today there are multiple NGOs registered around the world, heavily in developing countries. NOGs no matter where they exist they seem to have a nullifying role in the politics of the host country. In one way they criticize dictatorships and human rights violations. Then in another way they compete with the radical socio-political and religious groups. (8) Their aims range from providing relief services, conserving the environment, contributing to development projects or simply battling with governments over human rights issues. While some governments welcome NGOs, others find them a nuisance or even a threat to their interests. (1)

A Non-profit Organisation (NPO) is an establishment that uses its funding for the pursuit of a specific purpose such as for a charitable cause (Lorette, 2015). It is different from a for-profit organisation as its objective is to provide greater good to the society rather than to maximise the wealth of its stakeholders. The surplus revenues of an NPO are used for either its expansion, self-preservation or plans and no part of the profit is distributed to its members. NPOs are increasingly starting to operate like traditional business organisations as strategic planning and marketing is imperative for their survival.