THE POSSIBILITIES OF MEASURING OF OUTPUT IN NONPROFIT ORGANIZATIONS
Journal Title: Zbornik radova Ekonomskog fakulteta Brcko - Year 2015, Vol 1, Issue 9
Abstract
The paper discusses the basic categories and possible classifications of the measurement of output, indicates the problems of selection criteria and signifies general principles for their implementation as a guide to the managers of non-profit organizations. Due to the impossibility of application of the traditional financial output measurements, non-profit organizations use surrogate benchmarks which replace standard criteria for the measurement of output. The research incorporates the use of surrogate output benchmarks of non-profit organizations in the field of justice, police, professional fire brigades, education and sport.
Authors and Affiliations
Teodor Petrović, Lazar Radovanović
THE ROLE OF HIGHER EDUCATION AS A FACTOR OF ECONOMIC AND SOCIAL DEVELOPMENT
Economic development and growth of every society depend on the education. Therefore, it is necessary to pay special attention to the education sector, its connections with the labor market and defining the strategy. The...
CARD PRODUCTS MARKET IN BOSNIA AND HERZEGOVINA
In recent years, as an effect of globalization, the banking sector is going through a number of changes which, to some extent, have been caused by political, technological, economic and demographic changes and partially...
CONTINUOUS DEFICIT INFLUENCE ON THE ECONOMIC GROWTH IN BOSNIA AND HERZEGOVINA
This article analyzes the foreign trade and globalization, the macroeconomic indicators of economic development of Bosnia and Herzegovina, as well as the fundamental question regarding the problem of continuous high defi...
STATISTICAL RESEARCH OF DIFFERENCES IN THE STRUCTURE AND ACHIEVED RESULTS OF THE STUDENTS AT THE FACULTY OF ECONOMICS IN BRCKO
The statistical research carried out during the practice has a goal to determine if there are differences in the structure and success of certain categories of students at the Faculty of Economics. Preciselly, the compar...
MEASUREMENT AND EVALUATION OF THE BUSINESS PERFORMANCE IN THE NONPROFIT SECTOR
Taking into account the heterogeneity, abundance, diversity of forms, the arena of action and demands of stakeholders, the measurement and evaluation of business performance in non-profit organizations (NPO) has become a...