General liability insurance and professional indemnity insurance are often confused, but they cover different things. Public liability insurance protects against injury to third parties, while professional liability insurance protects professionals from malpractice charges. Liability insurance covers medical expenses, lost wages, and property damage, while professional indemnity insurance covers legal costs and damages resulting from negligence. […]
Public sector management includes positions in federal, state, and local agencies, responsible for managing resources and making decisions to improve the livelihood of people. City managers are the most common position, overseeing departments such as public works and emergency services. Public sector management positions require a thick skin and may be difficult to obtain promotions. […]
Public accounting offers services such as tax preparation, auditing, general accounting, and consulting to businesses. Accountants typically have a professional license, such as a CPA, and must stay up to date with current tax laws. Audits are a common service, while general ledger services allow businesses to outsource financial reporting. Consulting services are also offered, […]
Government procurement allows public entities to contract commercial companies for goods and services, reducing costs and benefiting from specialist expertise. However, choosing the cheapest supplier may compromise quality and safety, and there may be a loss of control and accountability. “Best value” policies evaluate suppliers based on criteria beyond price. Government procurement is the process […]
A publishing contract outlines the terms of a publishing company’s agreement to publish a writer’s work, including payment, ownership of rights, and responsibilities of both parties. Negotiations are often done by the writer’s agent, and it is recommended that writers have an attorney review the contract. A publishing contract is a legal agreement that sets […]
Public finance involves how governments allocate resources and spend money, with a focus on the government’s role in society. This includes taxing citizens to provide basic services and borrowing money through government bonds. Public finance also seeks to hold governments accountable for their financial practices, which can vary greatly between countries and lead to public […]
A publishing house is a company that publishes written work or music for the public. They work with established writers and negotiate publishing deals, make revisions, and decide on production, marketing, and sales. Small publishers are important for new writers to begin their careers. A publishing house is another name for a publishing house. It’s […]
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