Asked by Alyssa Reaume on Jul 20, 2024
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The principles of management apply to both not-for-profit organizations as well as profit-seeking companies.
Principles of Management
Fundamental guidelines for managing organizations, including planning, organizing, leading, and controlling.
Not-for-profit Organizations
Organizations that operate for purposes other than making a profit, focusing instead on charity, education, social issues, or community service.
Profit-seeking Companies
Firms whose primary goal is to generate earnings above their costs.
- Comprehend the principles of management and their applicability to both for-profit and non-profit organizations.
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Learning Objectives
- Comprehend the principles of management and their applicability to both for-profit and non-profit organizations.
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