Accountancy, asked by Anonymous, 1 day ago

features of not- for -profit organization​

Answers

Answered by GraceS
2

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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

Answered by riyanziipiscabohaisi
3

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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