Share
Explore BrainMass

Role of a university president

Hi, could you help me with the following? Thanks

Assume the role of a university president and explain what your macro budgetary focus would be.

Now that you have touched on all aspects of departmental budgeting and reallocation--and you were not as experienced before this was all done--This experience now changes the way you feel about your own institution's budget process in what way/s?

Solution Preview

The response addresses the queries posted in 385 words with references.

// Budget is an essential aspect for an organization. The organization applies it as a tool of controlling the departmental activities. The reallocation of budget is required in a firm, when the previous budget fails to fulfil the objectives. I am providing a brief overview; you are free to add more, if you want. //

The budgetary decisions are much crucial in the present scenario, because the current environment is variable and the future is uncertain. The budget is made with the assistance of the previous data including relevant future forecasting. If ...

Solution Summary

The response addresses the queries posted in 385 words with references.

$2.19