Public Service Organization
I need your help answering the following questions at least 100 words per answers.
1-What are the financial management issues public service organizations face that differ from those faced by for-profit institutions? What issues do both organizations face?
2-Why is it important for all public service organization staff members, not just the financial experts, to understand financial management?
3-Is it appropriate for public service organizations to earn a profit? Explain your answer.
Answer Preview
In public service organizations, the financial management is usually faced with an issue which is usually that the financial managers have constraints and restrictions that prevent them from being able to introduce initiatives that may help the organizations to earn more profits. This is because the financial management in public service organizations usually have regulations and…
(445 Words)