Explain the concept of zero-base budgeting

Assignment Help Operation Management

Reference no: EM132248440

Assignment

You are the CFO of a 400-bed hospital in Texas and having trouble with your bottom line and staying within budget.

As part of your continued efforts to train your department directors/ supervisors and board on understanding cost and how it is used in the decision process, you have set up classes to explain major concepts of cost.

You will address the following areas in your presentation of 4-6 slides not including title and reference slides and with 150-200 word speaker notes:

Explain the concept of management control and how budgeting is used as part of it.

Describe the concept of zero-base budgeting.

Explain how benchmarking is performed at the department level.

Reference no: EM132248440

Questions Cloud

Set up the two competing hypotheses : Set up the two competing hypotheses and provide a statistical conclusion statement at a 2% level of significance for the results.

How you would lead an organization : You may frame your discussion around any functional component of business, and in any context; problem-solving, management, leadership, organizational behavior.

Examining four different forecasts : 1) You are examining four different forecasts and have calculated the following MAPD levels:

Identify the key elements of your plan to strengthen : Identify the key elements of your plan to strengthen your practice of leadership.

Explain the concept of zero-base budgeting : Explain the concept of management control and how budgeting is used as part of it. Describe the concept of zero-base budgeting.

What is an asthma action plan : Discuss the health education and health promotion information and strategy's you will use when working with patients who have asthma. What is an Asthma Action

Determine the infectiousness of a tuberculosis : Describe the factors that determine the infectiousness of a tuberculosis (TB) patient - Discuss the three levels of an effective TB infection control program

What is the total price : PMAN635 Quantitative Methods in Project Management Assignment, University of Maryland University College, USA. What is the Total Price

Fraudulent charges on credit cards : A survey of adults in a region found that 74?% have encountered fraudulent charges on their credit cards. You randomly select 100 adults in the region.

User Account

All Pages