| dc.description.abstract | Adequate financial resource is a key fundamental ingredient for the success of
any organization and lack of it could lead to the demise of expansion plans in any
organization. This research studied the financial sustainability of the Collège
Adventiste de Maroua in Cameroon. Through descriptive research design, the
researcher collected both qualitative and quantitative data from a sample of 263
respondents, including teachers, staff support employees, administration, parents,
ExCom and students.
The study uncovered that the institution is in a dire financial situation. This
situation was caused mainly by insufficiency and lack of adequate infrastructure,
insufficient number of students enrolled, the inability of the organization to charge
appropriate school fees, and the lack of adequate measures aimed at the collection ofoutstanding fees. The study, therefore, suggested solutions, including major actions to
be taken like the building of new infrastructure, the amelioration of the quality of
service offered by the organization, and the seriousness of the administration in the
collection of the school fees. In addition, the institution ought to have in place a
strategic and financial plan, to diversify the organization revenue, maintain a good
leadership style and ameliorate the administration of the finance, ensure teamwork
among the management, and an appropriate marketing plan. | en_US |
