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DIFFERENCES BETWEENFOR PROFIT

ANDNON FOR PROFIT

ORGANISATION

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WHAT?FOR PROFITORGANISATION NON FOR PROFITORGANISATIONA for-profit

organization may be

formed to conduct anynumber of lawful

business activities.

The primary reason

to form a for-profit

organization is to earn

a profit for the owners

of the company.

A non-profit

organization is formed

for the common goodof the public.

Non-profit

organizations are

usually formed for

some specific

religious, charitable or

educational purpose

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VS

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Malaysian mobile network operator

Provide a variety of mobile communication product &

services

Full set of services on various platforms to satisfy thedemand of telecomunications for individual,small

enterprises & large organizations.such as:

Mobile fixed line

Prepaid line Internet broadband services

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First mobile communications company in Malaysia tobe authorized to sell the Apple iPhone

Slightly cheaper than DIGI,but the plans for data &

services are slightly higher than DIGI First telecommunication company who launched 3G

services,such as:

3G connect card

Video mail3G prepaid

3G services:

Enable the users to enjoy the internet access

throughout Malaysia

Further enhance the range and scope of theiroperations

& provide new opportunities for growth

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United Nations Childrens Fund

Provide long-term humanitarian & developmental

assistance to children & mothers in developing countries

Founded in 1946 to help children in the aftermath of

world war II

Operating in more than 190 countries

Saved more children than any other humanitarian

organization

Advocates for the protection of childrens rights &provides services to help meet their basic need

Ensure the health,education,equality & protection of all

children

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BUSINESS PRINCIPLESMAXIS COMMUNICATION BHD UNICEFvision:

Bring the future to their

customers lives &businesses,in a mannerthat is

simple,personalized &

enriching,by efficiently &creatively harnessing

leading

edge technology &

delivering abrand of servicess

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MAXIS COMMUNICATION BHD UNICEFPut customers first.Always.In

everything

they do,they uphold

These values:

SIMPLE:strive to make

technology simple & lifeeasy for customers

TRUSTWORTHY:honourtheir commitments by doingwhat they say.

CREATIVE:look beyond theobvious,discover newinsights & make somethingbetter

BRAVE:uncover new

possibilities & step outsidetheir comfort zone

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RISK T KINGMAXIS COMMUNICATION BHD UNI EF

Operates in a highlycompetitive &

technology-based

environment

Major risks theyexposed to are:

Strategic

Operational

Regulatory

Financial

Market

Technological

Risks to UNICEFS objectives

reside in all

areas of UNICEFS work,for

example:

Strategic planning:group-think,goals not matched by

capacities

Programme planning:unrealistic

plans,too many assumptions

Emergencies:being too late Contribution

agreements:promising too

much

Partnerships:ineffective

partnerships,engaging with the

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Risk management

Proactivelyreviewed,monitored &

managed by Maxisthrough the EnterpriseRisk Managementprocess

Based on the following

principles: Consider & manage risk

enterprise-wide

Integrate riskmanagement intobusiness activities

Manage risks inaccordance with the riskmanagement framework

Communicate risks &

Risk management

Has hitherto beencharacterized

by the following: Has not always been

explicitly considered whenmaking strategic decisions

Staff do not know howmuch risk they areexpected to tolerate

Processes & proceduresmeant to help to manage

risk have not beenupdated in line with thechanging role of UNICEF& modern businesspractice

Parts of the organization

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PROFIT SH RINGMAXIS COMMUNICATION BHD

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MAXIS COMMUNICATION BHD

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UNICEF

Funded exclusively by voluntary contributions Government contribute 2/3 of UNICEFs resources

Private groups & some 6 million individuals contribute

the rest through fundraising activities carried out by

the National Committees On average:spends more than 90% of its income on

programmes around the world

Between 3-6% utilised for management &

administration

1% for write-offs & other charges

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CONCLUSIONFirst & most important difference isPROFIT

Maxis-profits that are not re-invested in theorganization are distributed to the owners of the

corporation as cash

UNICEF-profits are used to provide goods or

services to the group or groups the non-profit wasformed to help

2nddifference is OWNERSHIPof the corporation

Maxis-ownership shares in the company to those

who contributed the assets

UNICEF-people who create the corporation do not

receive any legal ownership in the corporation

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