Think about keeping things between the lines

Assignment Help Financial Management
Reference no: EM131182896

One way to think about the function of controlling is to think about keeping things "between the lines" as you would do when you drive a vehicle down the road. While there will be variation from time to time, managers need to limit that variation to the extent possible in order to ensure that strategic objectives are met and plans are executed. Sometimes this means limiting staffing and not opening acute care beds, even if there is demand for the ED. As you might imagine, this can create tremendous friction between departments. As a healthcare leader, how will you make sure that the controlling efforts made by managers complement one another rather than create friction and fighting over resources?

Reference no: EM131182896

Questions Cloud

Six steps involved in developing a project strategy : Describe each of the six steps involved in developing a project strategy.
Fixed asset will be depreciated straight-line to zero : Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.85 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The project is estimated to g..
Comparing the sales volumes and the consistency of sales : Your supervisor has asked you to prepare a brief report comparing the sales volumes and the consistency of sales of these four salespersons
What is difference between customary and conventional law : What is difference between customary law and conventional law? What challenges do transboundary environmental problems present? Compare and contrast the three major approaches to environmental policy.
Think about keeping things between the lines : One way to think about the function of controlling is to think about keeping things "between the lines" as you would do when you drive a vehicle down the road. While there will be variation from time to time, managers need to limit that variation to ..
Create an overview of your chosen market domain : Create an overview of your chosen market domain: My choose market is the healthcare industry. This overview will be a survey of the domain holistically in order to describe the marketplace of your chosen market domain and the factors contributing ..
Best definition of quality : What is is the best definition of quality? Make it detailed and clear.
Differences between leaders and managers : What are the differences between leaders and managers? Can anyone be a leader? Which would you prefer to work for: a leader or a manager? Why? Select one of the characteristics of an effective project manager and tell why it is important.
Describe two biofuels and where each comes from : List several concerns about the disposal of radioactive waste. What has been done so far about its disposal? Describe two biofuels, where each comes from, and how each is used.

Reviews

Write a Review

Financial Management Questions & Answers

  Cash for each level of desired dividend income level

Creating own dividend policy. Erik owns 2,000,000 shares of Wiseguy Entertainment. Wiseguy just declared a cash dividend of $0.05 per share. The stock is currently selling for $5.00. If Erik wants an annual “dividend income” of $50,000, $100,000, or ..

  What would happen to interest rates and bond prices

One-year zero coupon treasury bonds are selling for £975.61 in the U.K. and for $963.86 in the U.S. Assume $1,000 face value in dollars for the U.S. bond and £1,000 face value for the U.K bond, and round interest rates to two decimal places, e.g. 2.5..

  Bond with coupon rate makes-semiannual coupon payments

A bond with a coupon rate of 8% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Street Journal reports the ask price for the bond on January 30 at 100:07. What is the invoice price of the bond? The coupon period has ..

  Primary equity interest only debt

The residual position (the portion retained by the issuer) in the CMO offering is considered which kind of position? Primary Equity Interest only Debt

  What is the beta for the companys stock

You are told the WACC for the following firm is 7.95 percent. The company pays no dividends. What is the beta for the company’s stock? Debt: 100,000 bonds with a par value of $1,000 and a quoted price of 112.30. The bonds have coupon rate of 6.1 perc..

  Strategic plan with cost estimates and time line

Develop a five-year strategic plan with cost estimates and a time line. It should be 5-7 double-spaced, typed (12 point) pages plus exhibits. Describe the situation facing Mensa at the time of the case. This should include the major issues facing the..

  What amount must be deposited in the account at retirement

Susan and Tom Houser believe that they will need payments of $4,460 at the beginning of each of their retirement. The payments will be made out of an account that is expected to earn 10% interest annually. If the payments are made over 20 years, what..

  What is the overall expected return of the portfolio

An analyst for ABC company has developed the following distribution for the next year: State of the economy Probability Stock’s Return Mild Recession 25% -9% Moderate growth 55% 11% Expansion 20% 16% What is the expected return of ABC stock for the n..

  What is the length of the cash conversion cycle

Zocco Corporation has an inventory conversion period of 79 days, an average collection period of 40 days, and a payables deferral period of 40 days. What is the length of the cash conversion cycle?  How many times per year does Zocco turn over its in..

  In financial statement analysis-ratios

In financial statement analysis, ratios are:

  Developing a balanced scorecard in unit

Developing a Balanced Scorecard In unit, you are exploring the need for organisations to measure and manage performance against objectives, as well as the potential effectiveness of tools such as Balanced Scorecards and Strategy Maps as aids in ca..

  What is the companys weighted average cost of capital

Using the information from the two previous problems, what is the Capital Structure mix on a dollar value basis for the BA707 and AB300 companies? What is the company’s weighted average cost of capital? What is the value of the company? What is the v..

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