You are required to discuss and explain your opinion whether the following statement iscorrect:“The financial performance of Governments and Not-for profit organizations is as importantas the financial importance of Corporations as the amount invested in any project need togrow by generating return, otherwise they are spent with no real reason and recklessly”.You are highly advised to disclose in your essay what the main differences are betweencorporations and Governments and Not-for profit organizations, especially in terms of theirnature and how the performance is assessed in each case, by mentioning their general goalsand scope. By doing so, it will be easier to explain your answer whether profitability andfinancial performance of Governments and Not-for profit organizations is as important it is forthe case of companies.
You are required to discuss and explain your opinion whether the following statement is
correct:
“The financial performance of Governments and Not-for profit organizations is as important
as the financial importance of Corporations as the amount invested in any project need to
grow by generating return, otherwise they are spent with no real reason and recklessly”.
You are highly advised to disclose in your essay what the main differences are between
corporations and Governments and Not-for profit organizations, especially in terms of their
nature and how the performance is assessed in each case, by mentioning their general goals
and scope. By doing so, it will be easier to explain your answer whether profitability and
financial performance of Governments and Not-for profit organizations is as important it is for
the case of companies.
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