IAN CLEO
B.TIAPE 6/23/24
1. Discuss comprehensively the different management style and their
influence on budgeting, looking at rational, collegial, political and ambiguity models of
management.
Answer
As I may know, different management styles are required in different parts of the world.
It is important to choose the right management style for each situation, which is a key to
success for an educational organization. All school head use a management process
which consists of planning, organizing, leading and controlling. So they have to perform
many roles in a school. leader establishes the goals and formulates the policies of the
school organization.School heads make decisions as the process and choice
opportunities within it is considered as a fundamental ambiguous activity similar to a
garbage can into which different types of problems and solutions are dumped.The
collegial models imply that organizations determine their policies and make their
decisions.
2. .Elaborate the advantages and disadvantages of central and local funding of
education.
Answer
The education sector is the top priority of our national and local governments, having
a huge budget in our annual national budget.Centralized budgeting in school districts
leaves the majority, if not all, of the budgetary decisions to an individual or small group
of administrators in a district however by adapting educational content to align with
local languages, customs, and cultural norms, localization enhances students'
understanding, engagement, and retention of information. It is pivotal in making
education inclusive and effective for everyone, regardless of where they live or their
cultural heritage.The disadvantage,It might reducing flexibility and responsiveness due
to a uniform top-down approach, increasing complexity and bureaucracy, and the
potential for conflicts.
3. Discuss succinctly the key principles used in evaluating the allocation and the use of
resources: adequacy, effectiveness, efficiency, value for money transparency and
equity.
Answer
As the school you have to you use your high level of thinking in allocating the
resources of your school so it can be utilized well. Resource allocation and optimization
in education is a key aspect of strategic leadership. It involves making decisions about
how to use the available resources, such as time, money, staff, and facilities, to achieve
the desired outcomes for students and stakeholders.Resource allocation is the
distribution of finite resources to specified purposes selected from among several
feasible possibilities. However, no society has endless resources; resources are limited.
4. Why budgeting is significant?
Answer
Budgeting is the process of creating a financial plan that outlines an
individual or organization's income, expenses, and savings. It is a crucial aspect of
financial management that helps individuals and organizations achieve their financial
objectives.
A budget helps school administrators make informed decisions about how to
allocate resources and make adjustments as needed. By having a clear understanding
of the school's financial situation, administrators can make informed decisions that are
in the best interest of students and the school.
5. Discuss the procedures and processes for financial control.
answer
Financial control processes, involves several stages, including detecting financial
statement fraud, correcting deviations, assessing financial performance, forecasting
financial statements, and valuing the organization. In education, financial management
includes overseeing the funding for building and grounds, employee salaries, student
programs, supplies, and technology. A school's manager, or overseer, is responsible for
allocating these funds and keeping accurate records, or documents, related to these
expenditures.School head prepare an accurate school budget.create a Long-Term
Financial Plan,eliminate Any Unnecessary Expenses,Create Detailed Financial
Reports,Review Your School's Finances Monthly,Use Software for Effective Financial
Management.
