TITTLE: ASSIGNMENT – PUBLIC SECTOR FINANCE
SUBJECT: PUBLIC SECTOR FINANCE
COURSE: MASTERS IN DEVELOPMENT FINANCE UNIVERSITY OF STELLENBOSCH: GRADUATE SCHOOL OF BUSINESS
LECTURER: Prof Gavin Woods
DUE DATE: 7 MAY 2009
DECLARATION
I herewith declare this work to be my own, that I have acknowledged all sources I have consulted in this assignment itself and not only in the bibliography, that all wording unaccompanied by a reference is my own, and that no part of this assignment can be found on the internet, any published source, or in any other document that has been submitted to any university in partial of full satisfaction of the requirements for a subject or course degree.
I acknowledge that if any part of this declaration is found to be false, I shall receive no marks for this assignment, and I shall not be allowed to complete this module, and that all charges can be laid against me for plagiarism before the Central Disciplinary Committee of the University.
Table of Contents TITTLE: ASSIGNMENT – PUBLIC SECTOR FINANCE 1 QUESTION 1 2 QUESTION 2 3 QUESTION 3 5 QUESTION 4 7 QUESTION 5 8 QUESTION 6 10 QUESTION 7 11 QUESTION 8 13 QUESTION 9 15 BIBLIOGRAPHY 17
QUESTION 1
(i) STRATEGIC PLANNING AND RISK MANAGEMENT PLANNING.
Strategic planning is an organization 's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.
Most organizations use techniques such as The Strength, Weaknesses, Opportunities and Threats (SWOT) and the Political, Economic, Social and Technological (PEST) analysis to determine where the organization is, where it wants to go and how it can get there. This requires an analysis of the situation using environmental scanning, establishing priorities, resource assessment and allocation and risk assessment among other activities.
A Risk Management Plan is a document
Bibliography: 1. Paul JC, Woods G., Van Der Linde GJA, Fourie D, Visser CB. Managing Public Money- Systems From The South. 2nd Edition. Heinmann. 2009 2. 3. Woods G. Public Sector Finance – Class Presentation. MdevF. 9-12 March 2009 4. www.wikipedia.org -------------------------------------------- [ 1 ]. www.wikipedia.org [ 2 ]. www.wikipedia.org [ 3 ]. Paul JC, Woods G., Van Der Linde GJA, Fourie D, Visser CB. Managing Public Money- Systems From The South. 2nd Edition. Heinmann. 2009 [ 4 ]. Paul JC, Woods G., Van Der Linde GJA, Fourie D, Visser CB. Managing Public Money- Systems From The South. 2nd Edition. Heinmann. 2009 [ 5 ]. Prof Woods G. Public Sector Finance – Class Presentation. MdevF. 9-12 March 2009