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Profit versus non-profit organizations

Using real-world examples, briefly compare and contrast strategy choices of non-profit and for-profit organizations.

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Non-profit organization: A church would be an example of a non-profit organization. The intentions of a non-profit organization are mainly to achieve a greater good for the community. The non-profit organization also looks to achieve a profit, but said profit is mainly to help the organization continue to function. When a non-profit organization closes, the remaining assets of the organization must be given to another non-profit organization.

Non-profit organizations "fall into five main categories:

1. ...

Solution Summary

This solution provides information concerning non-profit and for profit organizations.