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Ismail (Scenario)
Ismail graduated from college and was hired by a corporation that manufactured parts for the automotive industry. The employees on the assembly line seemed bored, and their motivation was low. Ismail's employer decided to reorganize, in an attempt to increase productivity.
-The jobs of assembly- line employees are to be changed to allow more tasks to be done by individual workers. This is a reduction in __________.
NFP Organization
A not-for-profit organization (NFP) is a type of organization that does not earn profits for its owners. All the money earned by or donated to an NFP is used in pursuing the organization's objectives and keeping it operational.
Endowment Fund
A fund where the principal amount is kept intact while the investment income is used for specific purposes, often found in non-profits and educational institutions.
Principal Amount
The initial size of a loan or bond or the amount deposited, excluding any interest or earnings.
Scholarships
Financial aid awarded to students to help pay for education expenses, often based on academic achievement or other criteria.
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