financial management issue, assignment help

User Generated

qrinas34

Health Medical

Description

By Saturday, April 15, 2017, interview co-workers or those responsible for finance in your organization on the financial management issue that you identified in Week 1. Your interview should capture salient information about the issue including information which you derived from the literature. Potential questions you might want to use include: How long has the organization tried to address this issue? What measures have been taken to address this issue in the past? What future steps have been planned to address this issue? What problems does the organization foresee as blocks to addressing this issue? How did your perception of the financial issue differ from the perception of those who are actually working on finances in the organization? Take the information you have learned from the interviews and create a 2-3 page paper with your findings. Be sure to explain the roles of the individuals you interviewed. As you reflect on the results of the interview, use current literature to further explain the important points.

Post your response in a Word document to the W2: Assignment 2 Dropbox. Cite all sources in APA format.

Grading Criteria

Maximum Points

The interviews contained information on the financial management issue in the organization including a description of the organization, the role within the organization of each individual interviewed and their viewpoint on the financial issue under study.

20

Interview included at least two people in the organization.

4

The interviews contained details of the measures taken to address the issue.

12

The interviews contained details on the future steps that have been planned to address the issue.

12

The interviews contained information on the blocks that the organization foresees in resolving this issue.

12

Contained statistical information providing background on the financial issue, including numbers of patients or nurses affected and some indication of the actual dollar cost and its percentage of the total hospital budget and any additional information to illustrate and further describe the financial issue.

12

Utilized current literature to further explain some of the identified issues.

8

Used APA style (which includes grammar, spelling, and punctuation, as well as formatting).

20

Total:

100




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Explanation & Answer

Attached.

Running Head: FINANCIAL MANAGEMENT ISSUE

Financial Management Issue
Student’s Name
Instructor
Institutional Affiliation
Date

1

FINANCIAL MANAGEMENT ISSUE

2

One of the major issues faced by the company today is budget exercising. This typically
refers to a pressing cost-cutting effort, for the most part, caused by budgetary underperformance.
At the point when profits are running fundamentally below spending plans or desires, a crash
push to cut costs forcefully is the typical reaction. Basically, the regular organization has
significantly more prominent control over its expenses than over its incomes (Graham & Harvey,
2002).

As indicated by the organization's financial analyst, the company has been attempting to
address this issue for a long while. His part in the organization includes looking into
macroeconomic and microeconomic conditions, gathering money related data alongside
organization fundame...


Anonymous
Just what I was looking for! Super helpful.

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