features of not- for -profit organization
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Features:
- Main Aim is Service: The basic aim of non-profit organizations is to serve the society.
- Profit is not the Criterion
- Surplus not Distributed among its Members:
- Separate Entity:
- Unique Names Connoting their Working:
- Management by Elected Persons:
- Major Funds from Contributions and Donations etc
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Organizational psychologist Edgar Schein proposed four common elements of an organization 's structure: common purpose, coordinated effort, division of labor, and hierarchy of authority.
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