Practical Pressures Affecting Public Sector Budgeting

 

In a 750-word evaluation, assess the pressures affecting public sector budgeting designed to delivering public goods and services, evaluate the consequences of two externalities and their impact on public sector budgeting, and suggest the most practical way to the study the fiscal impact of public sector budgeting Thread O​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​utline Use bolded statements as headings in your thread. I. Analyze the practical pressures affecting public sector budgeting designed to delivering public goods and services. II. Evaluate the consequences of two externalities and their impact on public sector budgeting. III. Suggest the most practical way to the study the fiscal impact of public sector budgetin​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​g

Sample Solution

hich would spill over to the organization not achieving its objectives (Jackson, 2007). HRM office must always find the most appropriate method of counteracting a technological shift by either hiring people with the needed expertise or by training the existing one. In developing an organization culture the later would be more appropriate. If the earlier alternative is adopted, the competition pressure in compensation must be properly dealt with. HRM is also important in designing and management of strategic HR planning. Strategic HR planning is the informed projection of the organizations needs for the appropriate employees, both in quantity and quality, and balancing off this with the organizations ability to sustainably meet the demands of those employees for a substantial period of time in the future. As such, the budgetary constraints associated with right hiring are cheked.HRM needs to make these projections in agreement with the line/functional management’s assumptions.

It is also the responsibility of HRM to initiate, alter and manage job design. Job design is the arrangement/rearrangement of work that is aimed at checking or overcoming employee’s job dissatisfaction and alienation resulting from repetitive tasks. In curbing this state, the HRM office should conduct job enrichment, job rotation, job enlargement and job simplification exercises. All these procedures are aimed at raising productivity levels which is the ultimate goal of the HRM’s office. In cases of mergers and acquisitions, it is the sole responsibility of the HRM’s office to rationalize, orient and harmonize the human resources in the involved organizations. The fundamental issues behind mergers and acquisitions are, more often than not, undesirable and unwelcome by employees (Bilsberry, 2005). The task of making an otherwise unpleasant issue acceptable lies squarely at the HRM’s office. Moreover, since work environments are different across organizations, the HRM must orient the various work

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