Key Aspects of Modern Public Administration: Q&A
Public Management Questionnaire
1. What Does a Third-Generation Model Imply?
It involves taking into account several considerations that have become necessary over time. The design based on the characteristics of Weber’s bureaucratic model, as well as the attitude and competence of public officials, has also been changing.
2. How Does One Get onto the Public Agenda?
Starting from the fact that unmet public demand was gradually replaced by the idea of the public agenda.
3. How Should the Public Agenda
Read MoreBusiness Concepts: Finance, Operations, and Marketing
**Action of an SA**
An aliquot, indivisible, and accumulated capital of an SA that incorporates the rights and obligations of ownership.
**Dividend**
The portion of profits to share that corresponds to an action.
**Rights Under the Action of an SA**
Perceiving assets dividends, participating in the assets resulting from the settlement, preferential subscription rights in capital increases, the right to vote in general shareholder meetings, right to information, and right to challenge the social arrangements
Read MoreBusiness Structures: SA, Cooperatives, SMEs, and More
Advantages and Disadvantages of a Sociedad Anónima (SA)
As an advantage, as well as being limited to capital contribution, SAs have the following characteristics:
- Easy to sell shares: The existence of markets like the stock exchange allows for quick trading of shares, enabling holders to recover their investment at any time.
- Access to financial markets: It is the only company type that can access the financial market by issuing bonds and debentures or going public. This ability to capture the savings
Financial Management: Assets, Liabilities, and Capital
Controller
Controller: Is responsible for modeling, construction, and maintenance of information systems and management models of organizations that adequately meet the economic dynamic and the information needs of managers and the lead during the management process. In this methodology, it is given the name of process control.
Risk, Return, and Uncertainty
Risk: Possibility of loss. The more certain the return of an asset or a portfolio of assets, the lower the variability, the lower your risk. Example:
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**Types of Companies**
Companies are classified according to objective criteria:
A) Activity
The economic activity can develop in one of these 3 sectors:
- Primary Sector: Formed by companies engaged in the exploitation of natural resources.
- Secondary Sector: Includes firms engaged in processing or industrial activities, such as textile or metal.
- Tertiary Sector: It comprises two groups of businesses: trade, engaged in the sale of unprocessed goods, and services, for example, a bank or clinic.
B) Ownership
Read MoreChilean Central Bank and International Trade Regulations
Chilean Central Bank
First unit
The Chilean Central Bank is a self-constitutional, legal, technical, equity-ensuring entity created on August 21, 1925. It manages the money supply and has the authority to issue banknotes and coinage.
Maximum Conventional Rate
This is set by the BCCH, and conventional banks cannot exceed it when charging their creditors.
BCCH Features
- Issuing banknotes and coins
- Regulation of the quantity of circulating money
- Credit and financial system regulation
- Macroeconomic and prudential