Poznań, Poland

Financial Management in State Forests

Gospodarka finansowa w Lasach Państwowych

Language: Polish Studies in Polish
Subject area: economy and administration
University website: puls.edu.pl/en
Financial Management
Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of the 'Staff' in overall of a company. It has been defined differently by different experts in the field.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Management
Management as an activity has always existed to make people’s desires through organized effort. Management facilitates the efforts of people in organized groups and arises when people seek to cooperate to achieve goals.
Daniel A. Wren and Arthur G. Bedeian. The evolution of management thought, 1972, p. 11-12
State
The state is essentially an apparatus of compulsion and coercion. The characteristic feature of its activities is to compel people through the application or the threat of force to behave otherwise than they would like to behave… A gang of robbers, which because of the comparative weakness of its forces has no prospect of successfully resisting for any length of time the forces of another organization, is not entitled to be called a state... The pogrom gangs in imperial Russia were not a state because they could kill and plunder only thanks to the connivance of the government.
Ludwig von Mises, Omnipotent Government: The Rise of the Total State and Total War, Auburn: Alabama, Ludwig von Mises Institute, 2010, p. 46, (first published by Yale 1944)
State
It is one of the happy incidents of the federal system that a single courageous State may, if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country.
Louis D. Brandeis, dissenting, New State Ice Co. v. Liebmann, 285 U.S. 311 (1932).
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