Realize the organization must make budget cuts

Assignment Help Business Economics
Reference no: EM13995764

Consider the following scenario:

You are the worksite wellness manager of a health care organization in tight economic times. You realize the organization must make budget cuts. The worksite wellness program seems to be a money pit, and the CFO is encouraging the organizational leader to have it dropped.

Write a one- to two-page professional letter to the CFO justifying the value of your program. Use a bit of creativity. Address the following in your letter:

What positive behavior changes due to your worksite wellness program can you show?

What cost savings can you show?

How might you change the program to produce better financial outcomes?

Remember, the CFO is finance-oriented, so he or she will want to hear facts that support your justification.

Reference no: EM13995764

Questions Cloud

The seaport town of new monopoly : The seaport town of new monopoly has become extremely popular with shipping companies due to its superior location. The port has become so congested that ship must wait hours every day just to dock this is an example of
Extensive-form diagram of the monty hall three-door game : Draw the extensive-form diagram of the Monty Hall three-door game. In this game, the host (player 1) privately selects an envelope in which to put the prize money (A, B or C). The contestant (player 2) does not observe the host's choice but then must..
Explain the concept of an externality : Super freakonomic chapter 5 Explain the concept of an externality. Distinguish between a positive externality and a negative externality and give example of each. Finally, explain how the market equilibrium when the externality is not accounted for c..
Maximize the total revenue from the two products : A company sells two products, A and B. The demand for product A is given by DA and the demand for product B is given by DB. The price for product A is given by PA and the price for product B is given by PB. The company needs to determine the selling ..
Realize the organization must make budget cuts : You are the worksite wellness manager of a health care organization in tight economic times. You realize the organization must make budget cuts. The worksite wellness program seems to be a money pit, and the CFO is encouraging the organizational lead..
All levels of the socioecologic model : Choose one leading health indicator and write a 1–2 page paper in which you outline an implementation program you might develop as a health care administrator, on a local level, to address the indicator at all levels of the socioecologic model. In yo..
Model affect the average profitability of the industry : How do the five competitive forces in Porter’s model affect the average profitability of the industry? For example, in what way might weak forces increase industry profits, and in what way do strong forces reduce industry profits?
Using the community health care roles : Using the Community Health Care Roles and Functions Table, examine the health care professions and departments involved in public policy, outcomes, and social marketing aspects of the health care field.
Adjusted for peoples expectation of inflation : If the U.S. interest rate, adjusted for people's expectation of inflation, increases sharply relative to the rest of the world, then

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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!

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