Tuesday, August 19, 2008
Not-for-profit organization
Today was the 2nd day of classes and on my agenda was my MKTG 3131 (aka Principles of Marketing). Of course, my professor jumps right in to chapter 1 and we begin class the very first day. And she poses a question: "Is GSU a not-for-profit organization?" If my mind serves me correctly, not-for-profit organizations don't really make a profit, right? So, I answer the question to myself: No. GSU seems to be making a pretty hefty profit. I mean they are racking up almost $2000 a student, not to mention $134 for a parking pass and at least $100 a book. I'm not sure I understand how it's a not-for-profit organization. If you do, feel free to explain.
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1 comment:
So, I love a blog - and to comment! You are right that it does seem to make a big 'ole profit, but this is why it is a non profit organization:
Not for profit organization:
An incorporated organization which exists for educational or charitable reasons, and from which its shareholders or trustees do not benefit financially.
Keep blogging, it gives me something to read!
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