For Profit vs. Non-Profit
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Discuss some of the inherent difference between for-profit and non-profit organizations that influence different approaches to evaluation for each. Why are these differences so important to understand when considering evaluation? Explain your reasoning and support your opinions by referencing sources such as the textbook or internet research. Be sure to cite your sources using APA format.
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This solution discusses some of the unherent differences between for-profit and non-profit organizations that influence different approaches to evaluation for each in 361 words.
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Discuss some of the inherent difference between for-profit and non-profit organizations that influence different approaches to evaluation for each.
The inherent differences between for-profit and non-profit organizations are based on the type of entity. The for-profit organization's main goal is to make money. The company either remains profitable or they risk losing investors, which can and usually does lead to their demise. The users of the company's information is also a significant point, even with evaluation processes. The for-profit's main users are the investors, the customers, the company's lenders, and others with a financial interest in the company, which includes potential investors ...
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