Managers in businesses direct their activities toward earning money for their company and its owners, whereas managers in nonprofits direct their efforts toward what?

Question

Business

Malcolm

11 May, 05:11

Managers in businesses direct their activities toward earning money for their company and its owners, whereas managers in nonprofits direct their efforts toward what?

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Answers (1)

Know the Answer?

Baker · Answer 1

The correct answer is bringing some social change or impact.

Explanation:

The businesses work with the motive of profit maximization. The effort of their managers thus is towards earning profit for the firm and its owners.

The nonprofit organizations, on the other hand, are not working for profit. Their motive is not to earn maximum money from their operations. The managers in the nonprofit organization work for some positive changes or impact on society.