Are there many differences between public and private organizations with budget controls and cost containment?© BrainMass Inc. brainmass.com October 2, 2020, 5:01 am ad1c9bdddf
The main difference specifically deals with public organizations. In a public organization, investors are a primary consideration. In terms of cost containment and budget controls, management always has to consider the company's net income to a degree that is different from a public organization. This is because if investors ...
This solution explains if there are differences in budget controls and cost containment when comparing public with private organizations.