Reference no: EM131091887
1. What are the major components of the planning/control cycle?
2. What are the four major budgets of a health care organization? Briefly discuss each.
3. Describe the four types of responsibility centers, including the characteristics of each.
4. What are transfer prices? Discuss their major disadvantages.
5. Name two financial measures used to judge the performance of investment centers that are not used to measure the financial performance of profit centers.
6. What does the term "variance analysis mean when applied of financial performance of health care organizations?
7. A new cardiac catheterization lab was constructed at Havea Heart Hospital. The investment for the lab was $450,000 in equipment costs and $50,000 in renovation costs. A desired return on investment is 12 percent. Once the lab was constructed, 5,000 patients were served in the first year and were charged $340, for each procedure. The annual fixed cost for the catheterization lab is $1 million and the variable cost is $129 per procedure. What is the catheterization labs profit? Did this profit meet its desired ROI? Why or Why not?
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Investigate its business communication processes
: This work will involve you to select a business of your choice to investigate its business communication processes, e.g. KFC, Holden, Sports Girl, Supre etc. You are able to choose freely on a selected business that contains enough research and fo..
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What is the break-even quantity
: What is the break-even quantity? Hint: It is the point where the total cost to manufacture equals the total cost to purchase. The information below might also help. Please interpret your results. Meaning, what decision should you make based on if ..
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Explain how the role of the advanced practice nurse differs
: Explain how the role of the advanced practice nurse differs according to the site of care. Finally, explain how care should be facilitated for the patient in the case you selected based on the model used for the interdisciplinary geriatric teams a..
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Law requiring paint manufacturers to recycle paint
: The State of Minnesota passed a law requiring paint manufacturers to recycle paint. Under current law, consumers of paint take unwanted paint to county or state recycling centers for disposal. Under what demand and supply conditions (if any) will the..
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Describe the four types of responsibility centers
: What are the four major budgets of a health care organization? Briefly discuss each.
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Blending or braiding of funds
: Develop a list containing 3-5 examples of early care and education programs in your state or community that might use blending or braiding of funds. Examples of organizations likely include:
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Products in the foreign country and gain
: In global marketing, where corporations want to achieve a success in selling their products in the foreign country and gain more profits and revenue, in order to succeed at those certain objectives corporations need to understand the culture and c..
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Strategic management case analysis for a firm
: When you perform a strategic management case analysis for a firm, you must find information about what the firm actually is doing and what the firm plans to do. Comparing what is planned with what you recommend is an important part of case analysi..
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Strategies that you can use in the effort to attain
: Define three long-term (more than one year out) objectives for your vocation. Define three strategies that you can use in the effort to attain these long term objectives
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