MUS 407 Study Guide - Final Guide: Cable Television, Dynamic Pricing, Tax Deduction
31 Jan 2020
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Profit: to make money for the owner/stakeholders. Nonprofit: mission-driven organization that exists to improve the community. Earned revenue: money that a charity earns for providing goods and services. Contributions: donations or gifts given freely without receiving anything in exchange. Eligible for a tax deduction for the donor. A concise, memorable and easy to repeat statement that introduces the organization. Why the organization exists and what it does. Music, theater, opera, dance, museums, arts/humanities councils, presenting, service organizations, themed entertainment, broadcast and cable tv, film industry, recording industry. Dynamic pricing: pricing based on demand; where an organization increases or decreases the price based on demand. Subscription: a package of tickets to a set number of shows, where the patron sits in the same seats and generally receives discounts off the base rise of the ticket in addition to other amenities. Membership: act of belonging to a group or organization generally through paying an annual or monthly fee.
