HLS 430 CTUO Agricultural Marketing Services Inc Organizational Planning Essay

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Law

HLS 430

colorado technical university online

HLS

Description

Unit 3 - Individual Project

Running head: Organizational Financial Planning

Assignment Description

Develop an emergency management financial plan for your organization. Provide baseline information about your organization detailing the population and general budget information. Give examples or case study information about grants or historical declaration funding that supports your financial plan. If you do not work for a a government agency, research a county or local government with a population of at least 100,000 citizens.

Assignment Guidelines

Complete the following:

  • Address the following in 900–1,200 words:
    • Include normal, emergency, and recovery funding sources that are identified within your organization.
      • Include state or federal grants for which you would apply.
    • Include the requirements or restrictions that are associated with these grants.
    • Identify the critical resources that your agency cannot provide and would receive through mutual aid or nongovernmental organizations.
    • Discuss emergency funding needs and procedures.
      • Including 3 vendors or suppliers with whom you would establish a memorandum of agreement to lock in pricing and availability.
    • Outline your continuity of operations for financial responsibility to ensure that an event will be mitigated.
      • Assume that your employees who execute the purchasing activities are compromised during an event.
  • Be sure to reference all of your sources using APA style.

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Explanation & Answer

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Running head: ORGANIZATIONAL FINANCIAL PLANNING

ORGANIZATIONAL FINANCIAL PLANNING
Institution
Date

1

ORGANIZATIONAL FINANCIAL PLANNING

2

Introduction
Agricultural Marketing Services Inc. is a governmental organization established in
Miami, United States. The organization is a branch of the Fresh Produce Wholesalers Industry
with a total population of 3 workers in every location they are established. The organization’s
finances and operations are built and established on its budget. The budget usually varies
annually depending on their projects, agendas, services, and student enrollment (AMS, 2020).
The organization's source of revenue comes from its businesses, investments, and student fees. In
a fiscal year, the budget ranges from twenty million dollars to twenty-five million dollars.
Usually, the budget is broken down into different sub-sets or elements such as Net Discretionary
and Non-Discretionary transfers and revenues.
Normal, emergency, and recovery funding
Typically, the organization depends on their investments and businesses as their firsthand sources of finance. Further, it gets funded by the government through grants released via
the Fresh Produce Wholesalers Industry. After a fiscal year analysis, some of the profits gained
are plowed back into the organization for further development. Mainly, their business's
contribution serves them as their usual source of funding. During an emergency, the organization
sources funds from different sectors. The United States has the Emergency Response Funds
(ERFs) initiative, which provides governmental organizations with funds rapidly and flexibly to
address specific unforeseen needs. The ERF funds are not only available to governmental
insti...


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