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MindTap Introduction to Business for Pride/Hughes/Kapoor's Foundations of Business, 5th Edition, [Instant Access], 1 term (6 months)
5th Edition
ISBN: 9781305511538
Author: William M. Pride; Robert J. Hughes; Jack R. Kapoor
Publisher: Cengage Learning US
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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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Students have asked these similar questions
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?
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Chapter 4 Solutions
MindTap Introduction to Business for Pride/Hughes/Kapoor's Foundations of Business, 5th Edition, [Instant Access], 1 term (6 months)
Ch. 4.1C - Prob. 1CCCh. 4.1C - Prob. 2CCCh. 4.1C - Prob. 3CCCh. 4.2B - Prob. 1CCCh. 4.2B - Prob. 2CCCh. 4.2B - Prob. 3CCCh. 4.3C - Prob. 1CCCh. 4.3C - Prob. 2CCCh. 4.4C - Prob. 1CCCh. 4.4C - Prob. 2CC
Ch. 4.4C - Prob. 3CCCh. 4.4C - Prob. 4CCCh. 4.5B - Prob. 1CCCh. 4.5B - Prob. 2CCCh. 4.6C - Prob. 1CCCh. 4.6C - Prob. 2CCCh. 4.7B - Prob. 1CCCh. 4.7B - Prob. 2CCCh. 4.8C - Prob. 1CCCh. 4.8C - Prob. 2CCCh. 4.8C - Prob. 3CCCh. 4.8C - Prob. 4CCCh. 4 - Prob. 1DQCh. 4 - Prob. 2DQCh. 4 - Prob. 3DQCh. 4 - Prob. 4DQCh. 4 - Prob. 5DQ
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Similar questions
- 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?arrow_forwardWhat are some effective strategies for resolving disputes between business partners or shareholders?arrow_forwardHelparrow_forward
- How can small businesses compete with big businesses that sell similar goods and services?arrow_forwardWhat disadvantages do a non-profit organization have compared to other types of businesses?arrow_forwardWhat is a corporation, and how does it differ from other business structures like sole proprietorships or partnerships?arrow_forward
- Due care? Why should a corporation use caution when doing business?arrow_forwardIn 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_forwardWhat talents or skills do you need to run the business?arrow_forward
- What are the key differences between sole proprietorships, partnerships, and corporations in terms of ownership structure and management responsibilities?arrow_forwardConsidering the various types of business entities, how would you convince a company’s founder that becoming a B corporation or a public benefit corporation is a better way to do business? Provide some examples of companies that have chosen this type of corporate entity. Additionally, discuss how you think that becoming a B Corporation or a public benefit corporation can help address social and environmental problems while still attracting consumers and investors?arrow_forwardYour task is to decide how these factors would be either a cost or benefit in each of the three types of organizations. Their level of expertise starting and managing a business: Sole Proprietor Partnership Partnershiparrow_forward
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