Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter 1.1, Problem 1.1BQ
Summary Introduction

To determine: The reasons due to which the application of good management principles are equally required for profit earning businesses and nonprofit organizations.

Introduction:

The organization which is not established with goal of earning profit for personal benefit of owner or management like other normal organizations is known as nonprofit organization.

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