Profit motive and various philanthropic efforts

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-We examined various internal and external stakeholders. The economic concept of scarcity infers that if a company uses resources to fund local arts organizations, those funds cannot be used as dividends to stockholders (or vice versa). What balance do should generally be sought between the profit motive and various philanthropic efforts? Explain answer fully.

-Not-for-profit organizations sometimes pay huge salaries to CEOs. Would you be in favor of limiting CEO salaries as part of the requirements for being granted not-for-profit status? Explain the reasoning behind opinion.

-Read both articles linked below, then tell me which insurance policies would need if the sole proprietor of a lawn care business. Remember, coverage is great, but it isn't free, so keep in mind the costs of well as the benefits.

www.sba.gov/content/types-business-insurance

www.entrepreneur.com/article/241026

Reference no: EM132831685

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