Strategic misrepresentation

Case Study #4: Public Budgeting-Death of a Spy Satellite Program Wideline Servius Columbus State University 1) Why does Irene Rubin at the outset argue that "public budgets are not merely technical managerial documents; they are also intrinsically and irreducibly political"? Do you agree or disagree based on your reading of the case "County Prison Overtime" Irene Rubin’ view that public budgets are not merely technical managerial documents and that they are also intrinsically and irreducibly

1. INCREMENTAL BUDGETING The procedure of budget formulation is called “incremental budgeting”. With incremental budgeting, the budget used for the current fiscal year becomes the base for incremental distribution for the next fiscal year. In other words in this system the expenditures are made on basis of resources. If resources fall short the expenditures are cut down. Thus, this form of budgeting agrees to the statement of cutting coat according to cloth. The assumption is that the entire organization

representation and misrepresentation: Representation - true statement by one or more parties to the agreement, Misrepresentation – false or untrue statement by one party which is believed on by the other party when they enter a contract. However, if one party did not rely on the statement and attempts to seek the true of the false statement it is not considered misrepresentation. If misrepresentation occurs damages can be recovered depending on the type of misrepresentation. Rules of misrepresentation 1.) Only

BUDGETING In the most recent years budgets are considered to be one of the key factors about the business’s planning and control policy (Thomas, 1983, p. 133). Financial budgets show the business’s strategy concerning the following year compiled by financial statements, plus they are supposed to be the policy used in order to evaluate the managerial performance and be the principle of the management system (ibid). Budgets are considered to be attached to the concept of control. It is really essential

5 Budget Mistakes You 're Making In Your Business Right Now By Sherrell T. Martin | Submitted On October 26, 2014 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Expert Author Sherrell T. Martin As we head into the 4th

2002). Careful planning is required to guide all parts of the organization towards its strategic long-term and short-term objectives. Anthony & Govindarajan (2000) saw strategic planning as being focused on several years, contrasted to budgeting that focuses on a single year and so a budget is a one-year slice of the organization’s strategic plan. The budget prepared for planning purposes, as part of the strategic planning process, is the quantitative plan of management’s belief of what the business’s

The potential questions that could be learned are: A. Higher education budget cuts: 1. Will the higher education budget actually decrease in the next six months? 2. Will the higher education decrease in the next 18 months? 3. What is the average number of years at Kentucky universities? What is the average number of years to graduation at Murray State University? Why is the years to graduation greater than four years? B. What affects the decision to continue the education path? C. Are there adequate

Great public relation (PR) is likewise an imperative undertaking which need to be fulfilled by PM. Mainly if task is open subsidized. Great advertising require solid personality, solid objectives and arranged system. So PM ought to be cordial and positive. Additionally, he or she can have the capacity to set up a presentation.PM ought to give high significance to PR as well.PM must know association venture association and targets altogether and secure the relative significance of every open gathering

Political environment Grasping a complete task administration attitude goes past systems to finish extends on time, extension, and plan. Enhancing hierarchical execution relies on getting more fulfilled through ventures. Simply what gets fulfilled and how goes under the domain of force and governmental issues. Associations by their inclination are political. The political procedure is dependably at work in associations. To be compelling, venture chiefs need to end up politically touchy. Force is

1. Nchite and Nsana, (2004): Public Finance Management and Utilization Project- Report on strategies and Mechanisms of an effective system of public finances management in Zambia. 2. Gumboh Steven, (2004): MTEF Manual for Central Government: Zambia. 3. Mudenda Dale, (2005). The budgeting Processes and Economic Governance in Zambia: A Literature Review. 4. Bolnick Bruce, (1995): Establishing Fiscal Discipline: the Cash budget in Zambia. 5. Dinh Hinh, (2000) Cash Budget in Zambia: Stabilizations versus