Purchase Solution

Financial Resource Management

Not what you're looking for?

Ask Custom Question

1. Identify management goals that expenditure would support

2. Explain how the capital purchase could enhance the economic environment of the organization.

3. Identify the organizational goals the expenditure would support.

4. Explain how the expenditure would relate to the needs of the organization.

5. Suggestions how can I justify the expense to the organization.

Purchase this Solution
Solution Summary

This solution provides suggestions on how to research a capital purchase, costing more than $5,000.

Solution Preview

1. Management goals are:
- Increase efficiency of staff
- Improve flow of patients

2. The capital purchase of building one additional exam room and a special treatment room would improve patient flow and allow more patients to be seen in the office. In turn, this increase revenues. The current process, causing patients to wait longer in the waiting room and not seeing the optimal number of patients means that some ...

Solution provided by:
Beatrice Martino, MEd
Education
  • MEd, Jones International University
  • BSc, DeVry University
  • MPH, Walden University
Recent Feedback
  • "Thank you so much!"
  • "Great work"
  • "thanks for the information"
  • "Thanks for the information"
  • "Excellent Work, very well-written, clear and concise."
Purchase this Solution
Free BrainMass Quizzes
Labor and Delivery

Do you know about the stages of delivery? Find out with this quiz!

Stress Continuum

All humans experience stress and a certain level is motivating for learning. However, a high level of stress for prolonged periods of time may have a negative impact. This information focuses on the four stages of stress. Understanding stress assists in maintaining a healthy level.

Tumor Markers

This quiz help you memorize common tumor markers used to detect and diagnose some types of cancer.

Crohn's Disease

How much do you know about this condition?

Test your health planning and program evaluation knowledge

Health planning and program evaluation is an important aspect of the Health Sciences' field. Organizations and communities must understand the needs of their audiences, and a way to obtain this datum is through proper design and assessment. This quiz will test your ability to understand the importance of planning and evaluation in the health sector.

View More Free Quizzes
Related BrainMass Solutions

  • Resource Allocation in Health Care

    505260 Resource Allocation in Health Care - Describe some of the conflicts that exist between clinical staff and financial management in resource allocation.

  • Effectiveness of the Human Resource

    Human Resource Management (12th Ed.). Cengage Learning. Use Human Resource Metrics to Measure Contribution of HR to Financial Outcomes. (2010).

  • Enterprise Resource Planning (ERP) and IT.

    Microsoft Enterprise Resource Planning modules that are available include: Microsoft Dynamics for financial management, Microsoft Dynamics for customer relationship management, and Microsoft Dynamics for supply chain management.

  • Financial Issues of Organizational Management

    Human resource management personnel must find a way by which to first attract the highest caliber of personnel, which requires that human resource management allocate a portion of their budget to recruitment marketing, and one of the most difficult aspects

  • What is Resource Management?

    644588 What is Resource Management? Resource management is at the core of business success. It is the the allocation of resources to achieve corporate objectives. But, what does process involve? How is executed?

  • Functions and Role of Human Resource Management

    ADMINISTRATION OF POLICIES, PROGRAMS & PRACTICES -Compensation management -Information management -Administrative management -Financial management References: Business Dictionary (2011).Human Resource Management.

  • compare and contrast performance measurements

    Management Development Review 7(6), 13-15. Shaw, A. (1999). "A Guide to Performance Measurement and Non-Financial Indicators".

  • Compare and contrast at least three performance measurements

    Human Resource Management (7th ed.). New York, McGraw Hill. Shaw, A. (1999). "A Guide to Performance Measurement and Non-Financial Indicators".

  • Ethical Failures as Symptomatic of Management Failure

    So, many ethical failures are more than financial impropriety, and more indicative of a breakdown in relationship due to management failures.

  • HRM Strategic Management Questions

    This planning process involves decisions concerning resource allocations financial, structural or human resource (Boxall & Purcell, 2003).

View More Related Solutions