SOLVED : articlewritingcafe.net – Why should PSOs be concerned about financial management?/answers

SOLVED : articlewritingcafe.net –

. Public Service Organizations and Financial Management

        Why should PSOs be concerned about financial management?

 

Should public service organizations make a “profit?”

 

How can financial information be used to help managers make decisions?

 

Financial management provides information that helps managers focus on questions of survival, effectiveness, and efficiency.  

What do we mean by effectiveness and efficiency?