Asset Disposal and Performance of Public Entities

Public entities are custodian of public trust. The taxes they expended to acquire goods, works and services or any combination thereof should be done more thriftily. There are substantial competitive gains accruing effective disposal of assets not only in the corporate sector, but public as well. It remains absurd to note that most public entities remain negligent and/or completely not concerned about economical divestiture from the assets under their jurisdictions. The consequent outcome of this phenomena are huge losses accruing such decisions. This research sought to identify possible causes of such occurrences. It has endeavored to generate insightful strategies that could assist entities in competitive business environment, both in the public sector and the private sector establishments to manage their assets disposal activities. In conclusion, asset disposal can be considered as the key to sustainable internal sources of revenue to the public entities for enhanced service delivery.