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Amtrak Management: Systemic Problems Require Actions to Improve Efficiency, Effectiveness, and Accountability
Amtrak has struggled since its inception to earn s

 
Our Price: $40.00
By JayEtta Z. Hecker (au)
Year: 2005
Pages: 158
Binding Paperback

Product Code: 1422304582

Description
 
Amtrak has struggled since its inception to earn sufficient revenues & operate efficiently. In June 2002, Amtrak’s new pres. began major efforts to improve efficiency. However, the financial condition of the company remains precarious, requiring a fed. subsidy of more than $1 billion annually. Capital backlogs are now about $6 billion, with over 60% being attributable to its mainstay Northeast Corridor service. This report reviewed Amtrak’s: (1) strategic planning, (2) financial reporting & financial management practices, (3) cost containment strategies, (4) acquisition management, & (5) accountability & oversight. Includes  recommendations. Charts & tables.

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