Question & Answer: What types of business type activities do governments and not-for-profits provide? What kinds of goods and services do…..

What types of business type activities do governments and not-for-profits provide? What kinds of goods and services do governments provide that resemble business-type activities? Why do governments provide these types of goods and services? What are the unique issues (if any) in accounting for these activities?

Expert Answer

 

Don't use plagiarized sources. Get Your Custom Essay on
Question & Answer: What types of business type activities do governments and not-for-profits provide? What kinds of goods and services do…..
GET AN ESSAY WRITTEN FOR YOU FROM AS LOW AS $13/PAGE
Order Essay

Governments and Non-profit organisation generally provides business for the welfare of society at large. Here the motive is not to earn profit but overall welfare of society and nation at large.

Railways is one such best example which is a business owned and run by Goverment (in most countries). Here the motive is to provide transport facility for the people of a country. Also no profit motive is involved in this business. Government charges to travellers only to cover expenses incurred for running railways.

Various benefits that accrue to society or nation from such non-profit motive business :

1. Employment opportunities increases manifold times.

2. People are not exploitated for a sake of profit making.

3. It is of great help for low income earning group as services or goods available are very cheap which can be affordable to them thus enhancing their life quality.

4. it boosts overall economy of a nation. Employment would increase income which in turn will convert to increase in demand which will boost more production which will increase GDP of a nation.

5. It will check inflation as such business boosts equality in a ratio of demand and supply.

Thus, there are many benefits attached to non-profit making businesses.

It has different set of standards for accounting. Although principles remain same but way of presentation differs from another normal business.

Grand Paper Writers
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All papers are written by the best professional writers to ensure 100% originality. We always provide plagiarism reports whenever we deliver completed papers.

Free Revisions

All papers by Grand Paper Writers are completed and submitted on time. This timely delivery of papers gives you time to go through the paper before the official deadline.

Title-page

As an additional service, we will provide a title page that precedes the contents of your paper. Here, you will provide your personal details.

Bibliography

We also ensure that we provide an extra page for the references or bibliographies following referencing rules.

Originality & Security

At Grandpaperwriters.com, we guarantee students for the provision of security and original work. All your personal information is handled with confidentiality and is not shared with third parties. Additionally, we ensure that we provide original content with accompanying plagiarism reports to show originality.

24/7 Customer Support

Our customer support team is always available 24/7 to provide instant responses to any queries raised by students.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Grandpaperwriters.com has the best professional essay writers for quality services.

Pricing

Flexible Pricing

Here, a Grandpaperwriters.com, we do not compromise on the time of our clients. We always deliver all completed papers on or before the deadlines.

Communication

Admission Help & Client-Writer Contact

Grandpaperwriters.com provides an interactive portal where students can communicate directly to their writers.

Deadlines

Paper Submission

Here, a Grandpaperwriters.com, we do not compromise on the time of our clients. We always deliver all completed papers on or before the deadlines.

Reviews

Customer Feedback

Grandpaperwriters.com appreciates feedback from our clients to help us improve the delivery of essay writing services. As such, we are constantly changing our policies to ensure maximum customer and writer satisfaction.