CHAPTER 9
Operations and Budgeting
KEY WORDS
Operational control system
Output and input standards
Internal and external controls
Management by exception (MBE)
Management by objectives (MBO)
Performance appraisal system
Management information system (MIS)
Budgets
Fixed and flexible budgets
Zero-based budgets
Short- and long-term budgets
Budgetary process
Budget control system
Summary budget
Detailed budget
Project budget
Cash flow projections
Before we move on to the topics of finance, economics, marketing, and fundraising, we need to examine the areas of operational control, management information systems, and budgets. We have seen how planning helps set the organization’s direction and establish financial resource needs. We have studied the ...
Get Management and the Arts, 4th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
