The president of London Youth Symphony introspected on ensuring the survival of the orchestra. On the brink of bankruptcy in 2001, the symphony orchestra now has over $40,000 as savings; however, they must confront the issue of deficiency of musicians since this issue can be daunting for their survival.
Projected financial statements subject to breakeven restraints and specified minimum balance must be developed by pupils. A lot of estimations can be made while coming with a tactical idea; when several amounts are alluded to, many premises must be made. Furthermore, students will be exposed to some of the dilemmas that could arise with volunteer boards of directors and not-for-profit organizations.
Publication Date: 08/12/2005
This is just an excerpt. This case is about Finance
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