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ERIC Number: ED017981
Record Type: RIE
Publication Date: 1967
Pages: 30
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: N/A
THE ALLOCATION OF FINANCIAL RESOURCES IN HIGHER EDUCATION.
SMITH, LESTER S.
THE EFFICIENT USE OF THE UNIVERSITY'S LIMITED FINANCIAL RESOURCES INVOLVES ADMINISTRATIVE DECISIONS THAT SPREAD ACROSS THE SPECTRUM OF CHOICE. THE PURPOSE OF THIS PAPER IS TO IDENTIFY BASIC CONCEPTS INVOLVING THE ALLOCATION OF FINANCIAL RESOURCES. THE BUDGET IS EMPHASIZED AS A TOOL WITH WHICH THE DECISIONMAKER CAN FOCUS AND SHARPEN HIS GRASP OF THE ALTERNATIVES. THE BUDGET IS DEFINED, ITS PURPOSES DELINEATED, AND THE BUDGET PROCESS ITSELF IS PRESENTED IN THREE STEPS--PREPARATION, ADOPTION, AND EXECUTION AND CONTROL. PROGRAM BUDGETING, A MORE RECENT BUDGETING TECHNIQUE, IS PRESENTED TO INDICATE THE SYSTEMATIC APPROACH, FURTHER IDENTIFYING THE SPECTRUM OF CHOICE. FINALLY, A BRIEF DISCUSSION IS INCLUDED CONCERNING THE SYSTEM SIMULATION MODEL APPROACH FOR USING THE COMPUTER TO IMPROVE THE ALLOCATION OF RESOURCES OF INSTITUTIONS OF HIGHER EDUCATION. THIS PAPER WAS PREPARED FOR EDUCATION 925.35, AUTUMN QUARTER, 1967, AT THE OHIO STATE UNIVERSITY, COLUMBUS. (HW)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: N/A
Identifiers: COLUMBUS