Organizational Budgets & Strategic Planning
Organizational Budgets & Strategic Planning
Analyze the accounting for support department costs and allocations, including cost behavior and relationships, various cost models, budget creation, and managerial reports.
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Health care organizations ensure they are operating effectively by developing and following a strategic plan, and a financial budget. These are two elements that must be developed and followed with collaboration and input from a variety of internal and possibly external stakeholders.
Explain what job roles/people might be involved in developing and executing a health care organization’s strategic plan, and financial budget.
Discuss the value of including a diverse group of stakeholders in these processes.
Reflect on how strategic planning/budgeting impacts all persons within an organization.
Please be sure to validate your opinions and ideas with citations and references in APA format.
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362 words