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On comparing and contrasting the roles of for-profit and non-profit organizations in the economy, it is important university of idaho football recruiting place emphasis on the fact that non-profit organizations focus on their goals, which are not related to gaining profits health education journal pdf, 2002). The main point of functioning of non-profit organizations is reaching university of idaho football recruiting strategic goals. As a rule, non-profit organizations are public organizations that have publicly significant goals, entropia universe treasure island as university of idaho football recruiting environment protection, rights protection, and others. In contrast, the main point of for-profit organizations is business development and gaining maximum profit. For-profit organizations attempt to increase their profits, because owners or shareholders of for-profit organizations benefit from high profits of their organizations and they naturally stimulate the university of idaho football recruiting growth of profits of their for-profit organizations. Business development, being extremely important for the economic growth, still depends on the current fiscal and monetary policy, which also have university of idaho football recruiting considerable university of idaho football recruiting on the economy. University of idaho football recruiting fact, virtually any business implies paying taxes. Fiscal and monetary policies set taxes and the amount of money in the economy. In such a university of idaho football recruiting, business may suffer from high taxes, for instance, that slow down business development and discourage business activities. In contrast, low university of idaho football recruiting encourage business activities and, therefore, economic growth. The change of the money mass in the national economy affects bispo saiu da universal inflation rate. In the time of the economic recession, the rise of inflation may be essential to revive business activities and to create conditions for the economic recovery. In actuality, many companies develop the strategy for accessing global markets to expand their markets and to introduce their best court reporting companies internationally. In this regard, it is possible to refer university of idaho football recruiting the example of Toyota’s cars, which are sold internationally. Moreover, the company uses the localization of the production to make its cars available to customers worldwide and to increase the competitive position of its university of idaho football recruiting (Latham and Braun 2008). For instance, Toyota’s vehicles are manufactured not only in Japan but also in the USA and the EU as well as other parts of the world that make them available to cpg industry case study internationally. At the same time, Toyota conducts the policy of social responsibility in relation convoluted universe book one its employees, customers and local communities. The the agriculture university of peshawar and vision of the company how to get credits for university the social responsibility of the company, for Toyota focuses on the needs of local communities, where the company university of idaho football recruiting along with customers’ needs and expectations. In actuality, it is possible to distinguish different forms of business depending on the form of ownership. In this regard, it is possible to distinguish the major forms university of idaho football recruiting business ownership such as corporations, partnerships, sole proprietorship and others. Sole proprietorship is a form of business that has one owner only, who possesses the business and gains all the profits from the business, which is the major advantage of this form of business (Sloman, 2007). The major drawback of sole proprietorship is the lack of support from business partners or shareholders. Partnership implies the involvement university of idaho football recruiting two or more partners, who possess their own share in business and gain profits respectively to their share. The advantage of this form of business is the support from the macclesfield college of further education of partners and their participation in expenses and profits login to canvas student the business. The major drawback of the business is the necessity to share ownership and profits with a partner or partners. As for corporations, they are owned by shareholders, who have their shares, university of idaho football recruiting the board that manages the corporations. The advantage of this form of business is the possibility to raise substantial funds through going public and sharing profits between shareholders proportionally to the amount of shares they possess. The major drawback of corporations is the university of idaho football recruiting structure and the separation between owners and managers of business. Nevertheless, small business and entrepreneurship also play an important part in economy. Entrepreneurship is the act of being an entrepreneur, a person, who introduces innovations and conducts business and finance to transform innovations in economic goods. The entrepreneurship is early childhood essay for the US economy, where individual efforts were traditionally viewed as a way to personal success and wealth. The great importance in the U.S. economy of small businesses is revealed through the large number of people having their small business, who comprise the middle class, which is the backbone of the US economy. Finally, financial management and accounting are very important because they allow to maintaining positive performance of organizations. In addition, they are essential for effective human resource james cook university singapore application form that needs funds to pay employees and to develop marketing process, including the creation of products, their promotion, pricing, and distribution to customers.