Discussion Explain a weakness in the support for the position they have explained. Conclude which position you agree with. Summarize the reasons for your conclusion. Student’s post:  Portfolio managers should definitely be evaluated with more weight on quantitative results than on qualitative factors. This is because quantitative results are generally considered more accurate than qualitative results. Quantitative analysis is described as the process of evaluation through databases (Lekovi? et al., 2019). It involves the application of various statistical terms and formulas to aid in the numerous calculations involved in portfolio analysis. On the other hand, qualitative analysis involves collecting non-numerical data to develop insights or understand concepts. Qualitative analysis is often done by methods that do not involve calculation. For instance, the results of qualitative analyses can arise from a dialogue with a manager or another leader.            The main reason managers cannot be evaluated while putting much weight on qualitative results is the lack of statistical significance. It is not easy to measure qualitative results. In addition, the potentiality of losing data is also high, mainly due to a lack of experience (Lekovi? et al., 2019). Therefore, when data is lost, the likelihood of the research arriving at false conclusions also becomes high. Therefore, evaluating a manager based on qualitative results could provide some challenges that may lead to poor decision-making.            On the other hand, quantitative results have proven effective in the evaluation of portfolio managers due to various reasons. One of the reasons is that it expounds on the discussion bringing rise to new topic areas. This can be beneficial in evaluating managers since the analysis allows for an in-depth understanding of managers (Lekovi? et al., 2019). In addition, developing quantitative results is cheaper compared to qualitative results. Quantitative results can be obtained from an automated process from beginning to end, unlike qualitative results, which demand interaction with participants.  Finally, quantitative results can represent a larger sample size than qualitative ones, which are always more intensive thus deal with few participants In your initial post, explain the following:Justify your position that portfolio managers should be evaluated with more weight on qualitative factors than quantitative elements by providing at least three unique points to support your position.Support your position with one research study or academic source (other than the textbook).The performance of any portfolio highly depends on the decisions made by the portfolio managers to maximize the expected returns and minimize risk (Maginn et al., 2007. The primary strategy for determining whether portfolio managers are making sound investment decisions for a portfolio is to evaluate portfolio manager performance by considering qualitative and quantitative factors. However, it is better to evaluate portfolio managers through qualitative factors than quantitative factors. Typically, qualitative factors are non-numeric aspects of a portfolio that are intangible but impact the potential value of a portfolio (Indeed Editorial Team, 2021). Some of the reasons why qualitative factors are better than quantitative factors when evaluating a portfolio manager are described below.Qualitative factors help evaluate the quality of a portfolio manager without using numerical data. It is essential to evaluate a portfolio manager's performance by examining manager quality. The evaluation's primary consideration is to determine whether the portfolio manager has the necessary skills and experience to manage the type and size of the investors' portfolio (Indeed Editorial Team, 2021). Therefore, the investors will evaluate the manager's prior experience based on the performance in the past portfolios.Qualitative factors outweigh quantitative elements because it is easy to evaluate the investment education of a portfolio manager using numerical data. Thus, qualitative factors examine whether the portfolio manager sufficiently explains the decision made regarding the portfolio investment (Indeed Editorial Team, 2021). It also examines how the portfolio manager articulates the mandate and the plan needed to follow it.The use of qualitative factors to evaluate a portfolio manager's performance based on incoming and available data can demonstrate the business model utilized. For example, a portfolio will generate more returns at a minimum risk if the portfolio manager uses a business model which is robust enough (Indeed Editorial Team, 2021). Also, the business model used by the portfolio manager will determine how the portfolio generates value for the investors. In other words, the business model will help evaluate the portfolio manager based on investment risk, performance, rate of return, and diversification.\

Assignment: Verifying the Variance Understanding how to manage the operational budget to ensure the viability of the department and ultimately the financial success of the healthcare organization is a responsibility of healthcare managers. This week, you will analyze the operational budget of Sunnyside Nursing Home. Your analysis will include the impact of patient volume on revenue, staffing, and quality of care. New programs at the nursing home need a marketing plan to attract patients, as patient census and a steady volume improves the proportion of payroll costs year over year and secures jobs for the employees. You will have the opportunity to update Excel spreadsheets, fill in staffing data, and reflect on the financial outlook of Sunnyside. You will then develop a PowerPoint presentation to summarize your financial analysis and apply the concepts we have covered over this course. This Assignment will give you experience with managing a healthcare budget. Consider the following scenario: Sunnyside Nursing Home is an independent 200-bed nursing home in a community in southern New Jersey. The average daily census for the nursing home was 140 in 2015, 2016, and the first half of 2017. In late 2016, the nursing home became licensed to provide in-patient hospice services, which has been quite successful. In 2017, the nursing home started marketing their hospice services, with an average census of 10 patients and, in July 2017, finally saw an exponential increase in hospice utilization. The Assignment is composed of two parts, and both must be submitted. Be sure to submit the PowerPoint presentation as the first part and then upload the Excel spreadsheet as the second part of the Assignment. To Prepare: Review the Week 4 Sunnyside Nursing Home Staffing Plan provided in this week’s Learning Resources Review the Calculating the Budget Variance media piece in the Resources, as it may assist you in completing this part of the Assignment Review each tab to analyze the financial situation in Sunnyside Nursing Home. 2 West Staffing Plan Review the staffing plan and the Table of Terms to get familiar with the mechanics of variable staffing Actual Staffing Complete the missing cells to determine the total variance Review this tab and focus on the census and number of staff required. Think about the impact of using agency staff and overtime on the current staff Table Complete the Table to determine the impact on the budget due to the increase of hospice patients Hospice Review this tab to determine the impact of adding the new hospice patients to 2 West Use formulas or copy and paste as shown in the media to ensure accuracy as you complete the sheets Based on the information and calculations derived in your spreadsheet, reflect on your findings as you prepare to develop a PowerPoint presentation The Assignment (9-slide PowerPoint Presentation): The Assignment Template provided can help guide you in creating this presentation. Please address the following in your presentation: Briefly describe Sunnyside Nursing Home from the information calculated in your completed spreadsheets. Differentiate between capacity, utilization, performance, and financial indicators utilized at Sunnyside Nursing Home. Summarize key variances (positive or negative) you uncovered during your analysis (data only) of Nursing Unit 2 West. Focus on the most significant variance items. What do you believe led to the variances you identified? Because certain line items in a budget are more controllable than others, what actions might you recommend to the Sunnyside Nursing Home administrator to help the healthcare manager manage the sudden and sustained increase in patient census in hospice patients? Is the increase in that patient population a financially sound investment for Sunnyside? Why or why not? (Review the Hospice tab on the spreadsheet for ideas.) What top three recommendations would you make as you conclude your presentation and why? Make sure to follow APA guidelines and support your presentation with references. Resources: Penner, S. J. (2017). Economics and financial management for nurses and nurse leaders (3rd ed.). New York, NY: Springer Publishing. Chapter 4, “Measuring Nursing Care” (pp. 85–110) Chapter 5, Reporting and Managing Budgets” (pp. 111–135) Healthcare Financial Management Association (HFMA). (n.d.) Healthcare financial management association. https://www.hfma.org/.

Discuss the issue of lags in fiscal policy, and the relative advantages and disadvantages of automatic and discretionary policies. Further, explain why having a balanced budget might not be desirable (hint, think about how it might limit automatic stabilizers).