Description
Post by Day 3 a brief description of how private, for-profit organizations differ from public and nonprofit organizations. Then, describe at least one challenge associated with implementing private, for-profit management practices in the reform of public and nonprofit organizations, and provide a specific example. Finally, explain the private management practice you feel is the most applicable to public and nonprofit organizations and why.
Be sure to support your postings and responses with specific references to the Learning Resources.
Explanation & Answer
Attached.
Running head: ORG MANAGEMENT AND LEADERSHIP
Org Management and Leadership
Student’s Name:
Institutional Affiliation
1
ORG MANAGEMENT AND LEADERSHIP
2
Org Management and Leadership
Private for-profit organizations are owned, operated and managed by private individuals.
Their operations are controlled by the market and thus are ruled by the market mechanisms
(Rainey, 2009). For example, the prices that private organizations set for their products and
services are determined by the forces of demand and supply that exist in the market. The public
sector, on the other hand, is o...
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