Video Resources

Video Resource 14.1:  How state budgets are breaking U.S. schools (10.01 min)

Description: America's school systems are funded by the 50 states. In this fiery talk, Bill Gates says that state budgets are riddled with accounting tricks that disguise the true cost of health care and pensions and weighted with worsening deficits – with the financing of education at the losing end.

Learning Objectives

LO 14.1: Understand budgets and their role in successful organizational function

LO 14.6: Understand the ethics of using budgets as control

Video Resource 14.2: Let’s get honest about our money problems (12.22 min)

Description: Struggling to budget and manage finances is common – but talking honestly and openly about it isn't. Why do we hide our problems around money? In this thoughtful, personal talk, author Tammy Lally encourages us to break free of “money shame” and shows us how to stop equating our bank accounts with our self-worth.

Learning Objectives

LO 14.3: Comprehend the critical components of a budget

LO 14.5: Use budgets for management decision making

Web Resources

Web Resource 14.1:  The normative approach. Explanation of intrinsic stakeholder commitment of Berman, Wicks, Kotha, Jones and Freeman.

Description: This article explains the concept of normative stakeholder management. It offers theoretical and practical information about the theory and how it is used by firms.

Learning Objectives

LO 14.5: Use budgets for management decision making

LO 14.6: Understand the ethics of using budgets as control

Web Resource 14.2: The impact of cloud implementations on budget strategies

Description: This article describes how two educational institutions have included costing and funding considerations in their overall cloud strategies.

Learning Objectives

LO 14.1: Understand budgets and their role in successful organizational function

LO 14.5: Use budgets for management decision making