Subject category:
Finance, Accounting and Control
Published by:
Cranfield School of Management
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Abstract
A description of the financial difficulties which arose in the management department of ''Beniton'' Polytechnic when the head of department organised a series of seminars led by very experienced American professors. The department operated a ''net budget'' system for its short courses but on this occasion the income from fees fell considerably short of that estimated and the department incurred a substantial loss. This case may be used to provoke an examination of the financing of further education.
Subject category:
Finance, Accounting and Control
Published by:
Cranfield School of Management
Length: 3 pages
About
Abstract
A description of the financial difficulties which arose in the management department of ''Beniton'' Polytechnic when the head of department organised a series of seminars led by very experienced American professors. The department operated a ''net budget'' system for its short courses but on this occasion the income from fees fell considerably short of that estimated and the department incurred a substantial loss. This case may be used to provoke an examination of the financing of further education.
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Subject category:
Finance, Accounting and Control
Published by:
Cranfield School of Management
Length: 3 pages