Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN: 9781285193946
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Question
Chapter 4, Problem 4DQ
Summary Introduction
To determine: The kinds of services not-for-profit corporations provide and whether career in not-for-profit corporation is effective.
Introduction: A corporation is an authoritative type of business that is separate from its proprietors. It is a business that is a different legitimate element from its investors.
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What kinds of services do not-for-profit corporationsprovide? Would a career in a not-for-profit corporationappeal to you?
A corporation is not for everyone, and it could end up costing you more time and money than it's worth. Before becoming a corporation, you should be aware of these potential disadvantages?please mention elaborately?
Why are not-for-profit organizations different from most businesses? Are there any similarities between a goods-producing business and a not-for-profit organization?
Chapter 4 Solutions
Foundations of Business - Standalone book (MindTap Course List)
Ch. 4 - Prob. 1CCCh. 4 - Prob. 2CCCh. 4 - Prob. 3CCCh. 4 - Prob. 4CCCh. 4 - Prob. 5CCCh. 4 - Prob. 6CCCh. 4 - Prob. 7CCCh. 4 - Prob. 8CCCh. 4 - Prob. 9CCCh. 4 - Prob. 10CC
Ch. 4 - Prob. 11CCCh. 4 - Prob. 12CCCh. 4 - Prob. 13CCCh. 4 - Prob. 14CCCh. 4 - Prob. 15CCCh. 4 - Prob. 16CCCh. 4 - Prob. 17CCCh. 4 - Prob. 18CCCh. 4 - Prob. 19CCCh. 4 - Prob. 20CCCh. 4 - Prob. 21CCCh. 4 - Prob. 22CCCh. 4 - Prob. 1DQCh. 4 - Prob. 2DQCh. 4 - Prob. 3DQCh. 4 - Prob. 4DQCh. 4 - Prob. 5DQ
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- What is a corporation, and how does it differ from other business structures like sole proprietorships or partnerships?arrow_forwardAssume that you are the owner of a successful small-to-medium-sized business. You want to grow your business and separate it from your personal finances. What should you do? How will you do it? In regard to dividends and earnings, when and how should you and other owners be rewarded? What are examples of each type of dividend? Why do some large corporations forgo dividends?arrow_forwardWhat is a corporation from the business point of view?arrow_forward
- In your opinion, what are the main advantages and disadvantages of organizing a firm as a corporation? If you were starting a business, would you use this option and why?arrow_forwardDue care? Why should a corporation use caution when doing business?arrow_forwardWhat are the similarities and differences between a private corporation and a cooperative?arrow_forward
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