The influence of external environment on budgeting in higher education
E. S. Astafeva ()
University Management: Practice and Analysis, issue 3
Abstract:
Each modern university has to take into account changing factors of external environment and timely adapt the elements of internal environment providing a stable position in the educational market. Budgeting system is associated with all elements of internal environment and has a high degree of adaptability. In order to provide more efficient use of budgeting as a university management tool, it is necessary to review environmental factors specific for educational and scientific organizations, and to develop the method of selecting optimal budgeting characteristics in the prevailing external conditions.
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