September 2014
Beginner
600 pages
18h 27m
English
Content preview from Management and the Arts, 5th EditionBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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10 Economics and Financial Management
Yet no matter how highly we may value them, art and culture are produced by individuals and institutions working within the general economy, and therefore cannot escape the constraints of the material world.
James Heilbrun and Charles M. Gray, The Economics of Art and Culture
A nonprofit’s manager needs to ask: What comes first, the mission and programs designed to accomplish the mission or the cash to finance the program? Actually, it is useful to realize that aspirations and financial resources intertwine as management works to coordinate the two.
Jody Blazek, Nonprofit Financial Planning Made Easy
Productivity
Inflation
Market and market failure
Multiplier effect
TFC, TVC, AFC, AVC, ...
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