Why is capital cost important component of a healthcare
organizational cost?
Cost of capital is the important aspect in business and accounts of the organization that helps in identification of investment opportunity cost and helps in investment for the firm. Cost of capital is the amount of return the investment could garden if the investment is executed. Health care organizations mainly work on profit or non-profit system but the resources handled in these organizations i vast and more than other fields. The cost of capital component is crucial in the health care sector because it enables to calculate the return estimates if the appropriate investment plan is implemented. It helps in making key company budget, provide opportunities for investments, and also helps to evaluate the progress and effectiveness of the ongoing projects. Moreover, this aspect is crucial in healthcare organization because it cause the future cash flow to be intact and well managed that is usable for betterment and improvement of services.
Why is capital cost important component of a healthcare organizational cost?
Which customer service environment component do you believe is the most important? Why? -the customer -organizational culture -human resource -products/deliverables -delivery systems - or service
What is the role of governance in healthcare and why is it important? Do you think that a board of directors is a necessary component of governance in a managed care organization? Why or why not?
What is meant by “organizational Culture?” Why is it important? Why is it particularly important when operating for a system engineering organization?
Define organizational politics and political strategies. Why is it important for managers to engage in organizational politics?
Discuss what is meant by the term cost allocation. Why is this important to a healthcare manager? Briefly identify and discuss direct, step-down, reciprocal, and activity-based methods.
What is the organizational control system? What is “organizational slack” and why is it important for supporting entrepreneurial initiatives? What does it involve to manage slack? Cite your sources.
Importance of Cost of Capital: Why is cost of capital important to NIKE Inc. and what does it measure? o Meaning of Calculations: How does NIKE Inc.calculate various costs, and what do these calculations mean to business?
Why is healthcare management important?
When doing cost-effectiveness analyses of healthcare interventions, why is it important to measure QALY instead of only looking at quantity of life?
List the important components of action plans. Which component do you think is the most important? The least important? Explain your response. OR What are the primary characteristics of action plan objectives? Are these characteristics descriptive of good organizational strategic goals? Why or why not?