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Bond [772]
3 years ago
12

Write short notes -a) Importance of Public Administrationb) POSBCORB​

Business
1 answer:
Andrej [43]3 years ago
3 0

Answer:

see below

Explanation:

a) Importance of Public Administration

Public administration serves to maintain civil order and cater to the needs of the public. It is the system through which the government looks after its people and manages their affairs.

Public Administration is important due to

1). It is a vehicle for  Providing Public Services.

It facilitates the provision of public goods and services to the citizens. Such services include roads,  the supply of power and water, policing, among others.

2). Public Safety

It is the government's responsibility to provide a safe and secure living environment for all citizens. Public administration plays a key role in ensuring peace and order prevails in communities.

3). Social Welfare

Public administration is an instrument for the government in the provision of social welfare. Educational facilities, medical care, social security, and employment opportunities are examples of social welfare.

4). An Instrument For Implementing Policies

Implementation of government policies and programs is the sole responsibility of the Public Administration.

b) POSDCORB

POSDCORB is the short form for Planning, Organizing, Staffing, Directing, Coordinating, Reporting, and Budgeting. POSDCORB is useful in creating an efficient framework for executing business processes in a business.

Every business requires a well-organized structure in ensuring maximum output, minimum wastage, and higher margins. POSDCORB  provides an option that management can implement to guarantee that employees and other resources are deployed to offer maximum benefits to the company.

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Answer:

PV= $17,365,776.86

Explanation:

Giving the following information:

Cf= 2,200,000

Number of years= 20

Discount rate= 12%

Additional lump sum= 9,000,000

First, we need to calculate the future value using the following formula:

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A= annual cash flow

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FV= $167,515,373.4

Now, the present value:

PV= FV/(1+i)^n

PV= 167,515,373.4/1.12^20

PV= $17,365,776.86

7 0
4 years ago
Which franchise model do automobile dealerships usually follow?<br> (plato)
sergij07 [2.7K]
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3 years ago
A perfectly competitive increasing cost industry is in long-run equilibrium. Due to a change in tastes and preferences, there is
Flura [38]

While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After returning to the United States he converts his money back to US dollars. How much of the original 250 US dollars does Phelan now have?


1 European euro = 1.3687 US dollars


44.70 US dollars

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136.87 US dollars

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5 0
3 years ago
A checklists should be based on past ____
marishachu [46]

a checklist should be based off of past problems.

Hope this helps !

5 0
4 years ago
A concrete and rock crusher for demolition work has been purchased for ​$50,000​, and it has an estimated SV of ​$10,000 at the
solong [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A concrete and rock crusher for demolition work has been purchased for ​$50,000​, and it has an estimated SV of ​$10,000 at the end of its​ five-year life.

Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced

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