Explain the importance of and ways of communicating with stakeholders in the context of budgeting.

(a) Critically analyse the legal, financial and regulatory environment of
health and social care.
(10 marks)
(b) Critically evaluate the use of alternative funding options such as Private
Finance Initiatives (PFI), agency partnerships, competitive tendering
and outsourcing in the health and social care sector.
(10 marks)
(c) Discuss agency theory in the context of the NHS. Explain the
importance of and ways of communicating with stakeholders in the
context of budgeting.
(10 marks)