User Account

All Pages

Discuss the need for working capital

Assignment Help HR Management
Reference no: EM133044724

You are the chief financial officer (CFO) at a community hospital. One of the comments that has come back from patient surveys is the need for a commercial 24-hour pharmacy within the hospital. In this way, patients or their families will be able to fill prescriptions and begin taking ordered medication right away instead of waiting until the following day. The chief executive officer (CEO) wants you to create a proposal for the first 3 months of operation utilizing time value of money tools for the development of this new revenue-generating department. The following points must be covered in your proposal:

-Include and discuss the need for working capital to include 2 months of startup drug inventory, vendor financing arrangements, personnel costs including salaries and benefits, renovations, disposable supplies, and cost of equipment

-Provide 2 viable options to measure the rate of return to optimize financial performance of the department based on time value principles with rationale and justification.

-Include a profitability analysis for 3 years.

-Include a schedule of assumptions for your proposal. What questions might the board ask regarding feasibility of this proposal?

-How might current changes in federal, state, and local policies influence decisions to be made?

Reference no: EM133044724

Questions Cloud

Extending hr practices from germany to india : Siemens Inc. is a German conglomerate company headquartered in Berlin and Munich and the largest industrial manufacturing company in Europe with branch offices
Identify the dietary and cultural requirements of customers : What customer group is your menu developed for and What sources of information did you use to determine these requirements
Complaint using a grievance resolution process : Share your work in the student forum and review the work of other students.
What is the name of the document : What is the name of the document and where can we locate them during working hours and some information contained within that policy?
Discuss the need for working capital : You are the chief financial officer (CFO) at a community hospital. One of the comments that has come back from patient surveys is the need for a commercial 24-h
What are the main issue and corresponding law : Select a fraud and abuse case that interests you. The case should involve false claims, anti-kickback or stark law, against any type of healthcare provider.
Explain the benefits to the company : Technology has opened the door for flexibility within the workplace. Assume that I am your manager, write a memo convincing me to implement workplace flexibilit
Investigate the hr functions in organization : Investigate the HR functions in your organization. Which functions are outsourced to foreign countries and why? Which other ones might be outsourced in the comi
Discipline police and parallel methods of controlling : Compare efforts to discipline police and parallel methods of controlling some other category of social problems workers. To what degree do they resemble each ot

Reviews

Write a Review

HR Management Questions & Answers

  Case of promotion

Supervisors need to understand the computerized inventory system and Aaron did not, despite his attempts to understand it.

  Analyze the use of specific change management

Demonstrate your ability to facilitate a team in building capacity towards becoming a learning organization. Analyze the use of specific change management

  Describe the essential concepts of recruitment

Thoroughly review the following video:Based on your review, please respond to the following:Specifically focus on the 3 essential concepts of recruitment.

  Define the meaning of a break-even analysis

Define the meaning of a break-even analysis and prepare an analysis appropriate for your project.

  Leadership philosophy in terms of social responsibility

Write a short paper that outlines your leadership philosophy in terms of social responsibility, moral leadership, and sustaining others in the organization, as well as yourself

  Salaries of public school teachers in a midwestern city

1. The following regression results relate to a study of the salaries of public school teachers in a midwestern city:

  Find an institute that teaches people

Former Chrysler CEO Lee lacocca said, 'I only wish I could find an institute that teaches people how to listen. After all, a good manager needs to listen at least as much as he needs to talk,' (lacocca, L., & Novak, W, 1984). How can you improve y..

  Downtime in the entire population

A computer manufacturer estimates that its line of minicomputers has, on average, 8.6 days of downtime per year. To test this claim, a researcher contacts seven

  What do you see as the cause of media bias

What do you see as the cause of media bias? How is the media funded? What intellectual tools and concepts should be used when analyzing the objectivity of the n

  How does regular practice differ from deep practice

How does regular practice differ from deep practice?

  Evaluating self-help authors

Think back to Week 4 when we learned about criteria for evaluating self-help authors and advice (and the questions you want to ask yourself or research the answ

  What learning methods can an employer use

What learning methods can an employer use?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd