It is used widely in Fortune 500 companies, for-profit and non-profit organizations.
As a result the driving forces behind these individuals may be quite different to those in for-profit organisations.
As a result, charities are discouraged from making the kind of investments that a for-profit organization would make to grow.
"This is a for-profit organization, and we have to sell," Lee said.
The business goals may be defined both for non-profit or for-profit organizations.
New rules established this year provide that no funding may be earmarked for any for-profit organization.
Use from for-profit organizations is acceptable when it is in support of open research and education.
Unfortunately, this sector has been taken over by "for-profit" organizations, including major corporations and insurance companies.
Other technical institutes are run by private, often for-profit, organizations sometimes called proprietary schools.
In 1986 it was turned into a for-profit organization.