Question Tag: Profit-oriented

Two organizations operate in your locality, one operates as profit-oriented and the other as non-profit-oriented. They all have varying purposes.

Required:
You are required to categorize the following purposes under the two types of organizations:

1. To expand product range to include children’s clothing.
2. To expand social protection interventions to include girls between the ages of 15-18 years.
3. To ensure that visitors to public parks pay an entry fee of GH¢1.00 for its maintenance.
4. To create high quality, high demand products to maximize shareholder value.
5. To provide excellent client services to enhance public goodwill, which will in turn, attract more government funding.
6. To increase after-tax profits to attract more investors to invest in the organization.
7. Provide customers with the opportunity to benefit from the company’s profits by offering periodic prizes for the purchases they make.
8. Increase annual dividends by 3% of the current amount paid.
9. Install vending machines at strategic points to sell non-alcoholic beverages to visitors.
10. Market facility on the internet to attract global patronage.