Comment Public actitivities need to break even, not profit (Score 1) 140
Unfortunately, due to the corruption of the public sense and understanding by an MBA-dominated concept of service, many people are under the misunderstanding that the fiscal goal of public service or nonprofit organizations is to fiscally produce excess revenue over expenses, otherwise known as profit. The pre-MBA-dominated understanding of the fiscal goal of public service and nonprofit organizations is that they are to produce the maximum utilization by the public of their programs and services at a balanced budget where revenue and expenses are equal.
Why do we let idiots with MBA degrees tell people in government and public service how to manage their finances and operations using fiscal principles that don't apply?