Public Administration Unit3 DB
Within public organizations, there are various types of budgets that can be utilized.
Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:
Select one of the following budget types that appeals to you:
Line-item
Program/performance
Planning-programming-budgeting
Budgeting-by-objectives
Zero-based budgeting
Target-based budgeting
Budgeting for results
Provide an example of an organization that uses your selected budget type, and describe the organization.
Why does the selected budget type appeal to you? Explain in detail.
In your opinion, what strengths and weaknesses does your selected budget type contain? Explain in detail.
Solution Preview
Zero-Based Budgeting
Budgeting can be described in business terms as the capability of an executive to design and distribute the fund that is available to various divisions in the company. This allows the company to resourcefully allot funds to more productive sectors and cut back costs from the sectors that are not productive. This incorporates the use of resources to create revenue and improve public relationships. Usually, budgeting is done by a representative of the particular department whose budget is being established, experts in financial matters, and accountants.
(676 words)