Group items tagged

The survival of profit-seeking entities depends on their being able to identify the needs and to offer them an adequate financial return. Adequate return means a situation in which value of outputs exceeds the value of inputs of all kinds. All parties such as investors, employees, customers, suppliers, and many others should get a good return for their price or efforts.\n\nThat's about profit-seeking entities like privately owned companies. But what about the not-for-profit entities?\n\nWhen we think about not-for-profit entities, you might think of:\n\n * Government organizations like public schools, hospitals and other public sector organizations\n\n * Trade associations, trade unions, employers' federations\n\n * Professional organizations\n\n * Housing associations, clubs, societies, cooperatives\n\n * Charity organizations\n\n * Religious organizations