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Attach my file. Read it carefully.
Rewrite TWO paragraph of my essay.
Correct my grammar error and develop the structure of my essay.
This is my final project, it need to be perfect. I am not American, I want my essay can be write like native students.
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Su Xinyue/ Sue
Studying abroad is becoming more and more popular, and
the tuition requires a large amount of money for a family.
Tien-yow Jeme is the first Chinese railroad engineer in
history and be called the father of Chinese railroad. {Put the
hyperlink behind his name only.} He was sent to the United
States by Qing imperial officials as a part of the Chinese
Educational Mission in 1872. After graduating from high
school there, he was admitted to Yale University and
majored in civil engineering. He got support from the
government; thus, he didn’t need to worry about tuition.
The number of students studying abroad was few in Leme’s
time. But nearly half of the typical extended families have at
least one child studying abroad in modern China, according
to a survey by National Bureau of Statistics of the People's
Republic of China. At the same time, tuition is the biggest
problem for the families who support children studying
abroad; Thus, financial scholarships have become a target
for international students.
(This two paragraph need to be change into another
example, the example must can fit in my essay!)
Actually, going abroad is not my purpose,” said Yuqing
Zheng, a freshman communication major from Chengdu,
China, at Troy University. “I never think about going abroad
because I think the tuition is too expensive, and the living fee
is also higher a lot than China. “My parents think having an
overseas educational background will be more competitive
when seeking a job in China after I get back.”
Shuming Xiao is Jun Hu ‘s mother. She is living in Shanghai,
China. Her son used to study in America.
“I’m really proud of my son,” she said. “In his university life,
through his own efforts he saved a lot of money for me.
Besides the first semester, I only pay half of the tuition
because he has a scholarship. At first semester, I have to pay
whole tuition. It was a lot of money for our family. I am
afraid that I can’t offer him for four years. However, my son
is excellent.
“At present, he is an executive of a securities company in
Shanghai, China. His high income is worth the huge cost in
the past, just like investing.”
On the other hand, scholarship also proved students’ ability.
The international students’ scholarships are important, as
they support students who come from poor backgrounds to
acquire education on reduced or fully sponsored program,”
said, the director of international office at Troy University.
“The students benefit from the available chances and study
abroad. The program motivates the students to get a firm
education background and excellent achievements to
continue working harder.
“It also helps an individual to participate in youth affairs, as
some of the organizations offering these scholarships expose
their students into constructive agendas even as they
continue with their studies. As such, one has a good
exposure to real-life situations and links the theoretical
knowledge with the practical skills learned in the field. “
Applying for scholarships is not easy. Students must meet
the conditions.
Silvia Li, the coordinator of special international initiatives
at Troy University.
“I know the scholarship is very important for you,” Li said.
“The application of this scholarship is not an easy thing. Some
students are exchange students. Thus, they need to transfer some
credit from previous universities to Troy University. However,
if they want to apply for scholarships, their GPA must higher
than 3.0. It means they need to have a great grade at Troy
University and also previous universities. Besides, they have to
finish 30 credits at Troy University.
“Anyway, having scholarship is not an easy thing. They have to
earn it.”
Some international students pay more attention to part-time jobs
because they think those jobs can give them extra money.
“I work at Golden Crane restaurant during Monday, Wednesday,
Friday and Sunday,” said Jiangfu Li, a senior accounting
major from Nanjiang, China. “My GPA is not high enough to
get a scholarship. You can see I spend a lot of time on
working. However, I think it is great. I can practice my
English when I am working, and I can earn a lot of money.
Besides, I hardly go out of town, even to Montgomery,
because I don’t have time. Thus, I can save a lot of money. It
is a good thing for me. “
On the contrary, there are still some people who don’t favor
part-time jobs to earn money. Cheng Li is one of them.
Li graduated from Auburn University with a master’s degree
last December. At present, he has a part-time job in a restaurant
in Houston while delivering his resume and taking interviews
everywhere.
“I think I was wrong,” Li said, upset. “I almost do part-time
jobs for three years. Three years, I never got a scholarship.
My GPA is lower than 3.0. I pay more attention on part-time
jobs because I think it is a good way to practice my English,
and also can earn money.
“However, I was wrong. Wages for three years are lower
than the scholarship of one semester. Until I graduated, I
finally figure out, but it is too late. If I spent more time on
studying, I can find a good job easily, but not as a waiter.
Scholarship proved my ability.”
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Using the concepts learned through the readings and interactive lecture pages, select a social issue or ethical dilemma in the news. Find two recent new articles from two different types of media sources on the issue. In your introduction, for both of your examples, be sure to carefully identify what types of sources you are analyzing (news story, editorial, commentary), the name of the media company, and the date and author. Then, answer the following questions:
What assumptions do you make about these articles before reading them? How is your mind already “at work”?
What is the main claim and/or point of view expressed (if there is one) by the article? Is the article objectively written? Be careful here - if the article is an editorial opinion, note that the purpose of this type of article is very different from that of a news story. If you are analyzing an editorial, is the argument presented logically?
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and from the assigned text book chapters for this week. Write a report
to the corporate level executives on how to implement a supply chain
for AB In-Bev, who is setting up a foreign operation for a new product called BIER in Poland. Where should production take place and why? Provide your recommendations. Think about
location, but also other ways supply chain can work, importing from US,
importing from another country, creating factories within the country,
etc. Be sure to explain the WHY behind your alternatives/solutions. Content should be between 600 and 900 words with at least three references and citations (the textbook should be one).Focus the scope of your response to align with
concepts from the textbook, as well as other outside research. It is my
expectation that you use the case methodology outlined in the Case Response Expectations (attached). This methodology will help you to optimize your submission. YOU
MUST have all 8 sections of a case: Introduction, Analysis, Related
Assumptions, Alternatives/Solutions, Evaluation, Recommendation,
Implementation and Conclusion.I highly recommend you outline
each section clearly in your case. I expect you to come up with the
specific problem statement and provide that in the intro. I also expect
you to provide at least 3 clear and reasonable alternatives/solutions to your problem in the alternatives/solutions section.A business case approach is required, and not a
traditional academic paper. Do NOT give the details and history. ONLY
relate items regarding your recommendations for the future. This implies
short, directed paragraphs, with a strong structure. Use many headings
and topic sentences for every paragraph.You should use at least 3 APA citations, matching references, and a cover page.
Return on Investment (ROI)
My course is Finance for Healthcare.Activity: – Understanding Return on InvestmentBackground: - The Board of Trustees at ...
Return on Investment (ROI)
My course is Finance for Healthcare.Activity: – Understanding Return on InvestmentBackground: - The Board of Trustees at Harris Memorial Hospital and Harris Community Foundation have engaged the Certified Public Accounting Firm of Pennypacker and Vandelay, LLC to provide a series of educational presentations to the Board for purposes of assisting them in performing a Return On Investment (ROI) analysis of a capital purchase of Electronic Health Records. The managing partner of the accounting firm has asked you as a Health Service Manager with the firm to manage the engagement.About the Engagement:The final paper/project challenges participants in the course (Health Service Manager with Pennypacker and Vandelay) to design an educational/financial strategy for presentation to the Harris Memorial Hospital and Harris Community Foundation Board of Trustees addressing the components of a ROI analysis. The project is to be worked on in phases throughout the semester in the form of short paper presentations. The final paper (Phase 6) is set at 2,000 words, approximately 8 pages of content. Each presentation will consist of an introduction to the Board and an overview of the selected topic and will be supported by three citations/references in APA format based on the outline below:Phase 2 Assignment:The assignment this week will be the second short paper on Return on investment with a focus on the steps recommended for building the documentation for the justification of a “soft return” (Soft costs include risk avoidance, client goodwill, patient safety, process improvement, and regulatory compliance and support costs) and the gathering of metrics with the intention of estimating the financial benefits expected from the project. There are three steps in documenting soft returns, which are identifying a process improvement opportunity, create a formula to calculate the benefits, and determine the costs of the process and the net benefits. Soft costs include risk avoidance, client goodwill, and support costs. Many projects in healthcare today require large outlays of capital for electronic health records, clinical information systems whose return on investment is not easily documented with new revenues and operating expenses but from a quality standpoint are wanted and needed. In your research, consider what would be needed to support a capital acquisition that would improve efficiency, quality, customer satisfaction, and overall effectiveness within the organization. Also, would a project management office establishment be of any assistance in monitoring the project?Phase 2 Assignment:The assignment this week will be the second short paper on Return on investment with a focus on the steps recommended for building the documentation for the justification of a “soft return” (Soft costs include risk avoidance, client goodwill, patient safety, process improvement, and regulatory compliance and support costs) and the gathering of metrics with the intention of estimating the financial benefits expected from the project. There are three steps in documenting soft returns, which are identifying a process improvement opportunity, create a formula to calculate the benefits, and determine the costs of the process and the net benefits. Soft costs include risk avoidance, client goodwill, and support costs. Many projects in healthcare today require large outlays of capital for electronic health records, clinical information systems whose return on investment is not easily documented with new revenues and operating expenses but from a quality standpoint are wanted and needed. In your research, consider what would be needed to support a capital acquisition that would improve efficiency, quality, customer satisfaction, and overall effectiveness within the organization. Also, would a project management office establishment be of any assistance in monitoring the project.Please read my Phase one.My Understanding Return on Investment (ROI) - Phase 1 Hello, ladies and gentlemen. My name is (.............). I work as a Health Administration Services Manager with the well-known accounting firm, Pennypacker and Vandelay, Welcome to the first phase of my six presentations. The topic I will be presenting on is Return on Investment (ROI). This will involve an overview and how it impacts Electronic Health Records at Harris Memorial Hospital and the Harris Community Foundation. Shall we get started? Overview ROI is a metric that organizations use to measure their financial gain, return or loss form an investment. ROI applies by comparing the amount of money the company invests and the amount of money it gains/saves from the program. Value added Investment and Return on invest are now clearly applied by many companies. ROI is measured by monetary metrics while you VOI is measurement of a multitude of metrics. History The DuPont innovation of ROI calculations acts as one of the most significant turning points in modern accounting and management. DuPont integrated financial accounting, capital accounting, and cost accounting as early as the 1920’s. For instance, DuPont measured its assets at their gross book value as opposed to net book value which became the identity of DuPont. The basic ROI formula is: Net Profit / Total Investment * 100 = ROI. What makes DuPont ROI calculations effective is that it focuses on net return rather than net profits. This applies in instances where one wants to measure how the division manager uses the property of the company to generate profits. The Role of ROI on Electronic Health Records (EHR) As we all know Electronic Health Records (EHR) use both ROI and VOI metrics. Return on investment and value on investment involves measurement of outcomes. Measurement of investment is an important metric in measuring of VOI and ROI. The benefit of EHR programs is usually measurable in a tangible way. Return on investment is a metric which is used in measurement of financial gain in EHR programs. The metric checks return or loss from investment. There is a comparison on the amount of money that is invested in a program and the amount of money gained. VOI on the other hand is a measure of gains in a different way than ROI. Value on investments addresses tangible and intangible benefits that come from wellness programs. The specific issues analyzed by the metric include the health impact on the overall health of employees and the level of job satisfaction among employees ROI and VOI have both advantages and disadvantages depending on the application. The main advantage of using value on investment is that it analyzes both tangible and intangible gains unlike ROI which just focuses on returns on investment. ROI is on the other hand more specific than value on investment metrics. Another advantage of VOI is that it takes a shorter period of time. Hard analysis Hard analysis involves measurements that are easy to quantify and have a great possibility of leading to success. In the case of Harris Memorial Hospital and the Harris Community Foundation., a training analysis will lead to identification of gaps that need to be addressed. The training strategy in this case involves provision of job aids, coaching of employees, and leadership training to ensure that there is effective succession planning. Soft analysis Soft analysis in the other hand incorporates measurements that are not easy to quantify with immediate financial goals. There are potential challenges that the managers and owners of the business in this case could face while addressing organizational performance. The challenges in this case include communication problems, inadequate tools, lack of funds and even issues such as organizational conflict. Detecting organizational gaps in small businesses is important in making them focus on capitalizing on strengths and addressing weaknesses. The potential return on investment (ROI) that will be gained from the strategy developed in this case is an essential justification. Conclusion Despite ROI being used widely, I feel that the ROI system has certain limitations in it. One is that it causes incongruities between divisional objectives and company goals, which result in motivating division managers to take uneconomic actions. Despite this ROI system is versatile enough to be used to evaluate the efficiency. Does anyone have a question? Thank you for participating in my Phase 1 presentation and I will see you again in my Phase 2 presentation. Reference Miller, S. (2015). Metrics beyond ROI can capture wellness outcomes. Retrieved from https://www.shrm.org/hrdisciplines/benefits/Articl... Schaefer, J. (2016, June 9). The Real ROI for Employee Wellness Programs. Retrieved from Corporate Wellness Magazine.com: http://www.corporatewellnessmagazine.com/column/th... Swanson, R. (2009).Analysis for Improving Performance: Tools for Diagnosing Organizations and Documenting Workplace Expertise . New York: ReadHowYouWant.----------------------------------------------------Please look at my friend work then start this work (( please don't copy )). I show you how my friend did his work.classmate work Phase 2Good morning, to all the leaders of the Happy Hospital and thank you for being a part ofthis second presentation. I am (...................), Health Service Manager of the accountingfirm at Pennypacker and Vandelay. LLC. Today, I will continue to elaborate on phase I in mypresentation by discussing phase 2. However, before I continue today's phase II presentation, Iwould like to give a brief overview of my last Phase I presentation about Return On Investmentand its benefits to Electronic Health Records. Every business must plan a means to make andmeasure the profit gained from an investment because profit reflects the very nature of anybusiness. Failure of it will lead to bankruptcy. It might be true that the mere existence of profitin itself does not guarantee the business to survive but the concept of "Return on Investment"provides a means to measure the profit obtained from an investment. Also, I explained the twotype analysis of ROI: Soft and Hard returns. Both analysis work side by side, even though theirimpact for gaining profit/cash flow, in an organization is different.Before I continue the discussion on phase II, are there any questions about my overview of PhaseI?Phase II focuses on ROI with a focus mostly on the steps recommended for building thedocumentation for the justification of a “soft return” (soft costs include risk avoidance, clientgoodwill, patient safety, process improvement, and regulatory compliance and support costs) andthe gathering of metrics with the intention of estimating the financial benefits expected from theproject.For hospitals and healthcare organization, EHR systems essential. It facilitates the relayof information and providing valuable data to providers and other health care employees. It alsohelps in decision-making processes simpler by incorporating evidence-based decision support.EHR is essential to evaluate the soft return by gathering documentation and metrics to justify it.Perhaps the most essential factor in ensuring a strong ROI is to keep the “soft costs” associatedwith training and implementation from leaching away financial gains. Many “soft costs” itemsare transformative and are a vital component of the mission of healthcare organizations such asrisk avoidance, client goodwill, patient safety, process improvement, regulatory compliance, andsupport costs.With growth the responsibility to document soft returns comes, identifying a processimprovement opportunity, creating a formula to calculate the benefits, and determining the costsof the process and the net benefits must be considered. In an organization, one might evaluate thesoft returns from a proposed project by identifying a process improvement opportunity. Forexample, a healthcare organization might see an opportunity to better protect patient records withmore passwords and limited access to patient information depending on the organization’sclinical role. The organization would then create a formula to calculate the benefits. For thisexample, we could compare the money put out to implement this project and then compare thisto the expense the hospital would endure in the event of a breach. The cost of implementingstricter passwords worth at the most could be $5,000. If a $10,000 cost of records breached, thatis an actual cost of $7 million. The benefits would include fewer expenses, in the long run,fewer breaches of information, better quality healthcare, and less room for medical errors. Lastly,the organization would have to determine the cost of the process and the net benefits. In thisscenario, the cost could be estimated at $5,000 for training to let employees know their limits andthe proper way to use the system. Also, IT might need to get involved to set up a code onlyallowing certain professionals access to specific information. The net benefit would be betterquality care and putting out less money in the long run if several records not breached.Therefore, to better protect patient records IT should be implemented since it will improveefficiency, quality, customer satisfaction, and overall effectiveness within the organization(CFI,2019)Financial Benefits & Capital AcquisitionWhile one can measure specific types of ROI, the benefits of implementing a good EHRsystem far exceed the monetary rewards. Physicians around the country and in all specialtiesreport an improved quality of life, less medical error and less burden of regulatory. Manyprojects in healthcare today require large outlays of capital for electronic health records, whichare clinical information systems whose return on investment with new revenues and operatingexpenses. However, from a quality viewpoint, they are needed. Capital Acquisition is the capitalused to acquire other assets. The organization uses this capital to purchase assets like equipment,inventory, software, or even business itself. The purposes of these acquisitions are, ultimately, togrow the overall profits of a business. In order for a company to succeed, it needs to grow.Growth includes acquisitions that can vary from material to equipment or even another existingbusiness. As relevant to business as such purchases may be extremely costly, often far beyondwhat a company can afford with its funds. For example, an EHR is hugely costly but also bringsabout quality initiatives. Therefore, the organization must weigh the benefits with the costs.According to Quelch (2014), “finding acquisition capital usually requires the help of lenders andinvestors interested in seeing the company reach its goalsProject Management Office (PMO)While the benefit of EHR is remarkable, implementing a new electronic health record isexpensive and time-consuming. For these reasons, many organizations create a projectmanagement office (PMO). PMO could be needed to support a capital acquisition that wouldimprove efficiency, quality, customer satisfaction, and overall effectiveness within theorganization. A Project Management Office is a group or department within a business, agency,or enterprise that defines and maintains standards for project management within theorganization (Miller, 2017). The PMO strives to standardize and introduce economies ofrepetition in the execution of projects. Therefore, a Project Management Office would bebeneficial in assisting and monitoring the process or projectDoes anyone have a question about phase II? Good. Thank you for attending my phase IIpresentation, and I will see you all again in my phase III presentation soon.3 pages and different references
3 pages
Answers Case Study No. 5
Q1. Write a summary of your selected case study. Wesley Corp., a medium-sized wholesaler of automotive parts, has ten stoc ...
Answers Case Study No. 5
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San Diego State University Media Literacy in the Digital Age Essay
Media Literacy in the Digital Age
Directions:
Using the concepts learned through the readings and interactive lecture page ...
San Diego State University Media Literacy in the Digital Age Essay
Media Literacy in the Digital Age
Directions:
Using the concepts learned through the readings and interactive lecture pages, select a social issue or ethical dilemma in the news. Find two recent new articles from two different types of media sources on the issue. In your introduction, for both of your examples, be sure to carefully identify what types of sources you are analyzing (news story, editorial, commentary), the name of the media company, and the date and author. Then, answer the following questions:
What assumptions do you make about these articles before reading them? How is your mind already “at work”?
What is the main claim and/or point of view expressed (if there is one) by the article? Is the article objectively written? Be careful here - if the article is an editorial opinion, note that the purpose of this type of article is very different from that of a news story. If you are analyzing an editorial, is the argument presented logically?
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Anheuser Busch InBev Foreign Investment in Poland Analysis Paper
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...
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Instructions:Consider the global operations of Anheuser-Busch In-Bev and make use of recent information on the Internet
and from the assigned text book chapters for this week. Write a report
to the corporate level executives on how to implement a supply chain
for AB In-Bev, who is setting up a foreign operation for a new product called BIER in Poland. Where should production take place and why? Provide your recommendations. Think about
location, but also other ways supply chain can work, importing from US,
importing from another country, creating factories within the country,
etc. Be sure to explain the WHY behind your alternatives/solutions. Content should be between 600 and 900 words with at least three references and citations (the textbook should be one).Focus the scope of your response to align with
concepts from the textbook, as well as other outside research. It is my
expectation that you use the case methodology outlined in the Case Response Expectations (attached). This methodology will help you to optimize your submission. YOU
MUST have all 8 sections of a case: Introduction, Analysis, Related
Assumptions, Alternatives/Solutions, Evaluation, Recommendation,
Implementation and Conclusion.I highly recommend you outline
each section clearly in your case. I expect you to come up with the
specific problem statement and provide that in the intro. I also expect
you to provide at least 3 clear and reasonable alternatives/solutions to your problem in the alternatives/solutions section.A business case approach is required, and not a
traditional academic paper. Do NOT give the details and history. ONLY
relate items regarding your recommendations for the future. This implies
short, directed paragraphs, with a strong structure. Use many headings
and topic sentences for every paragraph.You should use at least 3 APA citations, matching references, and a cover page.
Return on Investment (ROI)
My course is Finance for Healthcare.Activity: – Understanding Return on InvestmentBackground: - The Board of Trustees at ...
Return on Investment (ROI)
My course is Finance for Healthcare.Activity: – Understanding Return on InvestmentBackground: - The Board of Trustees at Harris Memorial Hospital and Harris Community Foundation have engaged the Certified Public Accounting Firm of Pennypacker and Vandelay, LLC to provide a series of educational presentations to the Board for purposes of assisting them in performing a Return On Investment (ROI) analysis of a capital purchase of Electronic Health Records. The managing partner of the accounting firm has asked you as a Health Service Manager with the firm to manage the engagement.About the Engagement:The final paper/project challenges participants in the course (Health Service Manager with Pennypacker and Vandelay) to design an educational/financial strategy for presentation to the Harris Memorial Hospital and Harris Community Foundation Board of Trustees addressing the components of a ROI analysis. The project is to be worked on in phases throughout the semester in the form of short paper presentations. The final paper (Phase 6) is set at 2,000 words, approximately 8 pages of content. Each presentation will consist of an introduction to the Board and an overview of the selected topic and will be supported by three citations/references in APA format based on the outline below:Phase 2 Assignment:The assignment this week will be the second short paper on Return on investment with a focus on the steps recommended for building the documentation for the justification of a “soft return” (Soft costs include risk avoidance, client goodwill, patient safety, process improvement, and regulatory compliance and support costs) and the gathering of metrics with the intention of estimating the financial benefits expected from the project. There are three steps in documenting soft returns, which are identifying a process improvement opportunity, create a formula to calculate the benefits, and determine the costs of the process and the net benefits. Soft costs include risk avoidance, client goodwill, and support costs. Many projects in healthcare today require large outlays of capital for electronic health records, clinical information systems whose return on investment is not easily documented with new revenues and operating expenses but from a quality standpoint are wanted and needed. In your research, consider what would be needed to support a capital acquisition that would improve efficiency, quality, customer satisfaction, and overall effectiveness within the organization. Also, would a project management office establishment be of any assistance in monitoring the project?Phase 2 Assignment:The assignment this week will be the second short paper on Return on investment with a focus on the steps recommended for building the documentation for the justification of a “soft return” (Soft costs include risk avoidance, client goodwill, patient safety, process improvement, and regulatory compliance and support costs) and the gathering of metrics with the intention of estimating the financial benefits expected from the project. There are three steps in documenting soft returns, which are identifying a process improvement opportunity, create a formula to calculate the benefits, and determine the costs of the process and the net benefits. Soft costs include risk avoidance, client goodwill, and support costs. Many projects in healthcare today require large outlays of capital for electronic health records, clinical information systems whose return on investment is not easily documented with new revenues and operating expenses but from a quality standpoint are wanted and needed. In your research, consider what would be needed to support a capital acquisition that would improve efficiency, quality, customer satisfaction, and overall effectiveness within the organization. Also, would a project management office establishment be of any assistance in monitoring the project.Please read my Phase one.My Understanding Return on Investment (ROI) - Phase 1 Hello, ladies and gentlemen. My name is (.............). I work as a Health Administration Services Manager with the well-known accounting firm, Pennypacker and Vandelay, Welcome to the first phase of my six presentations. The topic I will be presenting on is Return on Investment (ROI). This will involve an overview and how it impacts Electronic Health Records at Harris Memorial Hospital and the Harris Community Foundation. Shall we get started? Overview ROI is a metric that organizations use to measure their financial gain, return or loss form an investment. ROI applies by comparing the amount of money the company invests and the amount of money it gains/saves from the program. Value added Investment and Return on invest are now clearly applied by many companies. ROI is measured by monetary metrics while you VOI is measurement of a multitude of metrics. History The DuPont innovation of ROI calculations acts as one of the most significant turning points in modern accounting and management. DuPont integrated financial accounting, capital accounting, and cost accounting as early as the 1920’s. For instance, DuPont measured its assets at their gross book value as opposed to net book value which became the identity of DuPont. The basic ROI formula is: Net Profit / Total Investment * 100 = ROI. What makes DuPont ROI calculations effective is that it focuses on net return rather than net profits. This applies in instances where one wants to measure how the division manager uses the property of the company to generate profits. The Role of ROI on Electronic Health Records (EHR) As we all know Electronic Health Records (EHR) use both ROI and VOI metrics. Return on investment and value on investment involves measurement of outcomes. Measurement of investment is an important metric in measuring of VOI and ROI. The benefit of EHR programs is usually measurable in a tangible way. Return on investment is a metric which is used in measurement of financial gain in EHR programs. The metric checks return or loss from investment. There is a comparison on the amount of money that is invested in a program and the amount of money gained. VOI on the other hand is a measure of gains in a different way than ROI. Value on investments addresses tangible and intangible benefits that come from wellness programs. The specific issues analyzed by the metric include the health impact on the overall health of employees and the level of job satisfaction among employees ROI and VOI have both advantages and disadvantages depending on the application. The main advantage of using value on investment is that it analyzes both tangible and intangible gains unlike ROI which just focuses on returns on investment. ROI is on the other hand more specific than value on investment metrics. Another advantage of VOI is that it takes a shorter period of time. Hard analysis Hard analysis involves measurements that are easy to quantify and have a great possibility of leading to success. In the case of Harris Memorial Hospital and the Harris Community Foundation., a training analysis will lead to identification of gaps that need to be addressed. The training strategy in this case involves provision of job aids, coaching of employees, and leadership training to ensure that there is effective succession planning. Soft analysis Soft analysis in the other hand incorporates measurements that are not easy to quantify with immediate financial goals. There are potential challenges that the managers and owners of the business in this case could face while addressing organizational performance. The challenges in this case include communication problems, inadequate tools, lack of funds and even issues such as organizational conflict. Detecting organizational gaps in small businesses is important in making them focus on capitalizing on strengths and addressing weaknesses. The potential return on investment (ROI) that will be gained from the strategy developed in this case is an essential justification. Conclusion Despite ROI being used widely, I feel that the ROI system has certain limitations in it. One is that it causes incongruities between divisional objectives and company goals, which result in motivating division managers to take uneconomic actions. Despite this ROI system is versatile enough to be used to evaluate the efficiency. Does anyone have a question? Thank you for participating in my Phase 1 presentation and I will see you again in my Phase 2 presentation. Reference Miller, S. (2015). Metrics beyond ROI can capture wellness outcomes. Retrieved from https://www.shrm.org/hrdisciplines/benefits/Articl... Schaefer, J. (2016, June 9). The Real ROI for Employee Wellness Programs. Retrieved from Corporate Wellness Magazine.com: http://www.corporatewellnessmagazine.com/column/th... Swanson, R. (2009).Analysis for Improving Performance: Tools for Diagnosing Organizations and Documenting Workplace Expertise . New York: ReadHowYouWant.----------------------------------------------------Please look at my friend work then start this work (( please don't copy )). I show you how my friend did his work.classmate work Phase 2Good morning, to all the leaders of the Happy Hospital and thank you for being a part ofthis second presentation. I am (...................), Health Service Manager of the accountingfirm at Pennypacker and Vandelay. LLC. Today, I will continue to elaborate on phase I in mypresentation by discussing phase 2. However, before I continue today's phase II presentation, Iwould like to give a brief overview of my last Phase I presentation about Return On Investmentand its benefits to Electronic Health Records. Every business must plan a means to make andmeasure the profit gained from an investment because profit reflects the very nature of anybusiness. Failure of it will lead to bankruptcy. It might be true that the mere existence of profitin itself does not guarantee the business to survive but the concept of "Return on Investment"provides a means to measure the profit obtained from an investment. Also, I explained the twotype analysis of ROI: Soft and Hard returns. Both analysis work side by side, even though theirimpact for gaining profit/cash flow, in an organization is different.Before I continue the discussion on phase II, are there any questions about my overview of PhaseI?Phase II focuses on ROI with a focus mostly on the steps recommended for building thedocumentation for the justification of a “soft return” (soft costs include risk avoidance, clientgoodwill, patient safety, process improvement, and regulatory compliance and support costs) andthe gathering of metrics with the intention of estimating the financial benefits expected from theproject.For hospitals and healthcare organization, EHR systems essential. It facilitates the relayof information and providing valuable data to providers and other health care employees. It alsohelps in decision-making processes simpler by incorporating evidence-based decision support.EHR is essential to evaluate the soft return by gathering documentation and metrics to justify it.Perhaps the most essential factor in ensuring a strong ROI is to keep the “soft costs” associatedwith training and implementation from leaching away financial gains. Many “soft costs” itemsare transformative and are a vital component of the mission of healthcare organizations such asrisk avoidance, client goodwill, patient safety, process improvement, regulatory compliance, andsupport costs.With growth the responsibility to document soft returns comes, identifying a processimprovement opportunity, creating a formula to calculate the benefits, and determining the costsof the process and the net benefits must be considered. In an organization, one might evaluate thesoft returns from a proposed project by identifying a process improvement opportunity. Forexample, a healthcare organization might see an opportunity to better protect patient records withmore passwords and limited access to patient information depending on the organization’sclinical role. The organization would then create a formula to calculate the benefits. For thisexample, we could compare the money put out to implement this project and then compare thisto the expense the hospital would endure in the event of a breach. The cost of implementingstricter passwords worth at the most could be $5,000. If a $10,000 cost of records breached, thatis an actual cost of $7 million. The benefits would include fewer expenses, in the long run,fewer breaches of information, better quality healthcare, and less room for medical errors. Lastly,the organization would have to determine the cost of the process and the net benefits. In thisscenario, the cost could be estimated at $5,000 for training to let employees know their limits andthe proper way to use the system. Also, IT might need to get involved to set up a code onlyallowing certain professionals access to specific information. The net benefit would be betterquality care and putting out less money in the long run if several records not breached.Therefore, to better protect patient records IT should be implemented since it will improveefficiency, quality, customer satisfaction, and overall effectiveness within the organization(CFI,2019)Financial Benefits & Capital AcquisitionWhile one can measure specific types of ROI, the benefits of implementing a good EHRsystem far exceed the monetary rewards. Physicians around the country and in all specialtiesreport an improved quality of life, less medical error and less burden of regulatory. Manyprojects in healthcare today require large outlays of capital for electronic health records, whichare clinical information systems whose return on investment with new revenues and operatingexpenses. However, from a quality viewpoint, they are needed. Capital Acquisition is the capitalused to acquire other assets. The organization uses this capital to purchase assets like equipment,inventory, software, or even business itself. The purposes of these acquisitions are, ultimately, togrow the overall profits of a business. In order for a company to succeed, it needs to grow.Growth includes acquisitions that can vary from material to equipment or even another existingbusiness. As relevant to business as such purchases may be extremely costly, often far beyondwhat a company can afford with its funds. For example, an EHR is hugely costly but also bringsabout quality initiatives. Therefore, the organization must weigh the benefits with the costs.According to Quelch (2014), “finding acquisition capital usually requires the help of lenders andinvestors interested in seeing the company reach its goalsProject Management Office (PMO)While the benefit of EHR is remarkable, implementing a new electronic health record isexpensive and time-consuming. For these reasons, many organizations create a projectmanagement office (PMO). PMO could be needed to support a capital acquisition that wouldimprove efficiency, quality, customer satisfaction, and overall effectiveness within theorganization. A Project Management Office is a group or department within a business, agency,or enterprise that defines and maintains standards for project management within theorganization (Miller, 2017). The PMO strives to standardize and introduce economies ofrepetition in the execution of projects. Therefore, a Project Management Office would bebeneficial in assisting and monitoring the process or projectDoes anyone have a question about phase II? Good. Thank you for attending my phase IIpresentation, and I will see you all again in my phase III presentation soon.3 pages and different references
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Answers Case Study No. 5
Q1. Write a summary of your selected case study. Wesley Corp., a medium-sized wholesaler of automotive parts, has ten stoc ...
Answers Case Study No. 5
Q1. Write a summary of your selected case study. Wesley Corp., a medium-sized wholesaler of automotive parts, has ten stockholders who
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