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Educational Administratin and Supervision PDF
Educational Administratin and Supervision PDF
Educational Administratin and Supervision PDF
Assignment -01
Q.1 Critically analyze the functions of two wings (the Secretriat and the
Directorate) in the federal department of education.
Ans-
Ministry of Professional and Technical Training was established in July 2011 in
the wake of 18th Amendment. Some of the Departments/Organizations
previously under MOLM and MOE were placed under this Ministry. Supreme
Court of Pakistan in its Judgment dated 25th November, 2011 directed that in
view of insertion of Article 25-A in the Constitution, the Federal Government
cannot absolve itself from the responsibility of providing Education to its
citizens.
In the light of Supreme Court Judgment, a Summary was moved to Prime
Minister of Pakistan who was pleased to approve the renaming of Ministry as
“Ministry of Education and Training” which was duly notified by the Cabinet
Division on 24th July, 2012.Subsequently, the Council of Common Interest (CCI)
in its meeting held on 8th November, 2012 endorsed the renaming of Ministry
and approved its functioning with the subjects already assigned to it.
On reorganization of Federal Secretariat the Ministry renamed as Ministry of
Education, Trainings & Standards in Higher Education vide Cabinet Division’s
notification No. 4-8/2013-Min-I dated: 07th June, 2013.
On 19th June, 2014 Ministry has now renamed as Ministry of Federal
Education and Professional Training vide Cabinet Division’s notification No. 4-
10/2011-Min-I dated: 19th June, 2014.
Vision
“Developing Pakistan as a progressive and prosperous country by providing all
citizens a fair and equal opportunity to receive quality education and skills to
achieve optimum potential”
Mission Statement
“To develop human resources by ensuring equal access and educational
excellence across Pakistan”
Values
Functions
The main aim of Norwegian regional policy in this period has been to maintain
the
fundamental features of the existing settlement pattern and to ensure equality
in living
conditions in all parts of the country (St meld nr 31 1996- 1997). This aim has
served as a
vision for regional policy and regional planning. But it has always been vague
what these
fundamental features of the existing settlement pattern are, and the definition
has changed
through time. However, the aim has had the power of a broadly accepted
doctrine (Faludi
1999), and has thus had an impact on which means have been defined as
adequate in the
situation and period in question. Today, the aim still has broad acceptance, but
maybe only as
rhetoric, because the central government now deliberately reduces its role in
regional
policymaking and implementation. In the regions a strong national top-down
policy and a
correspondingly weak bottom-up policy is now to be replaced by a more
constructive
amalgamation of the two types of policy. The consequence is that the regions
have to take a
stronger responsibility for their own development. But what is a region in the
Norwegian
regional planning and development context?
Responsibility for the regional policy in Norway is divided between ministries,
sector
organisations and local authorities. The 19 counties and most of the 435
municipalities
actively stimulate regional and local development, and the counties and many
of the
municipalities receive funding for this purpose from the Ministry of Local
Government and
Regional Development.
However there is now a White paper (St meld nr 31 2000-2001), which tries to
create a more
clear division of work and responsibility between levels and sectors involved in
regional
planning and development. Here, the 19 appointed county governors and their
staffs shall
coordinate the regional state activities, and do the legal control of the
activities of the
municipalities. The 19 county municipalities and their councils of elected
politicians are
getting an extended responsibility for regional planning and development, and
the central
government are taking over the responsibility for the hospitals from the county
municipalities
from 2002. The municipalities shall continue to be important producers of
welfare state
services (mainly primary education and health and social care), but the central
government
intends to give them more freedom in doing so. In this way the counties are
given a stronger
role to play in regional planning and development, and the central government
and the
municipalities a stronger position in the production of welfare state issues.
Thus the 19
counties municipalities must be regarded as the formal regions in the new
regional planning
and development policy in Norway; however, the new policy will stimulate
amalgamation of
counties into bigger regions (St meld 31 2000-2001).
In developing the new regional policy Norway has looked to the Structural
Funds for
inspiration, and the county councils in co-operation with various public actors
at regional
level are now preparing regional development programs. But still the most
important agent for
business support is the Fund for Industrial and Regional Development. This
fund has
gradually developed its regional organisation, and has offices in all counties.
This
organisation can be regarded an attempt by central government to by-pass
local government
through the direct appointment of single-task, dedicated agencies,
accountable primarily to
their paymaster – that is central government (Raco 1999). In this way the role
of national
actors has been strengthened at cost of the County Councils, which is the
opposite of the trend
in Denmark, Finland and Sweden (Aalbu et al 1999:169).
6
In the Norwegian regional context the “new” regional policy raises many
practical questions,
linked to theoretical paradoxes and dilemmas. Is a constructive balance
between top-down
and bottom-up policy really possible in a political structure with a dominant
vertical and
sectored power? Can government and governance policy be integrated in the
same institution,
or do we need one government structure (municipalities and counties), and
one governance
structure (inter municipalities and inter counties)? Can allocate planning be
integrated with
innovative planning of regional economic development in the same planning
system, or do we
need separate systems? I do not intend to give a complete answer to all these
questions, but I
shall try to discuss how well the existing planning system in Norway is able to
meet the
challenge of empowering political regions as part of our new regional policy.
In regional policy and theory, there is a growing awareness of the need for
regional
empowerment between globalisation and internationalisation at the
supranational level, and
mobilisation and innovation at the regional and local level. One characteristic
of empowered
regions is that the social learning process and the extensive partnership
between the public,
private, and voluntary sectors exist both inside and outside the geographical
region. This does
not mean that empowered regions are units that are more or less independent
of superior
government and external enterprises and that lagging regions are units that
are strongly
dependent on support from the national government and external enterprises.
Regions are
dependent on a widespread interaction with their surroundings, but the
balance of power can
easily become asymmetric. The achievement of an appropriate balance of
power between the
regions and their surroundings is probably one of the most difficulty tasks in
regional
development work. Both private enterprises and public governments can easily
become
dominant and send the region into a dependency relationship (Friedmann
1992, Friedmann
and Weaver 1979). This kind of dependency relationship can imply that actors
outside the
region take important decisions and actions regarding the region, and that
people in the region
are not actively involved in the learning process. In this way the regions can
enter a vicious
circle and over time weaken their own capability for facing new challenge
Monitoring
One of the most common ways to analyze financial data is to calculate ratios
from the data in the financial statements to compare against those of other
companies or against the company's own historical performance.
For example, return on assets (ROA) is a common ratio used to determine how
efficient a company is at using its assets and as a measure of profitability. This
ratio could be calculated for several companies in the same industry and
compared to one another as part of a larger analysis.
Many companies extend credit to their customers. As a result, the cash receipt
from sales may be delayed for a period of time. For companies with large
receivable balances, it is useful to track days sales outstanding (DSO), which
helps the company identify the length of time it takes to turn a credit sale into
cash. The average collection period is an important aspect of a company's
overall cash conversion cycle.
For example, retailers may see a drastic upswing in sales in the few months
leading up to Christmas. This allows the business to forecast budgets and
make decisions, such as necessary minimum inventory levels, based on past
trends.
Fundamental Analysis
Fundamental analysis uses ratios gathered from data within the financial
statements, such as a company's earnings per share (EPS), in order to
determine the business's value. Using ratio analysis in addition to a thorough
review of economic and financial situations surrounding the company, the
analyst is able to arrive at an intrinsic value for the security. The end goal is to
arrive at a number that an investor can compare with a security's current price
in order to see whether the security is undervalued or overvalued.
Technical Analysis
Technical analysis uses statistical trends gathered from trading activity, such
as moving averages (MA). Essentially, technical analysis assumes that a
security’s price already reflects all publicly available information and instead
focuses on the statistical analysis of price movements. Technical analysis
attempts to understand the market sentiment behind price trends by looking
for patterns and trends rather than analyzing a security’s fundamental
attributes.
With that information, analysts may raise their forecasts of the company's
future performance. These consensus changes, or "estimate momentum,"
may be used to predict future prices.
For example, during January 2022, the consensus among analysts for
Discover's projected 2022 estimated EPS was raised from 13.49 to 13.89, a
2.45% increase over the average estimates a month prior. Of the 15 analysts
who made predictions, 13 raised their targets and only 2 lowered them.