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Making Proper Investment Decisions Discussion
Making Proper Investment Decisions Discussion
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Making Proper Investment Decisions Discussion
Why do you think it is important for health care managers know how to make proper investment decisions? Share an example to support your answer.
Respond to following 2 replies:
Lakevia Post:
As a manager mainly all decisions are of importance. Making a good investment is good for business. Whether it be for financial success or for the organization in a whole.
In healthcare there is always new advancements for an ever growing business. So investing in something that is beneficial to the company is great decision making. Investments don’t always effect financially but patients as well. It’s always important to research and plan when looking to invest.
Investments are not always financial or dealing with stocks. For example, say there is a new drug or vaccine that is in the works. As a manager who has researched you know this could be something useful to your patients. So you invest in the development of this drug because it could potentially be a great source for your patients.
As our instructor stated, I do agree that these decisions should not just be left up to one person. It should have a dedicated group of persons to make these important decisions. Because all decisions should be of importance.
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Class,
When we are doing our planning, we need to consider many things. I have had quality training that asked “Who is your customer?”. What do we do? Really do? Health care is so general, Do we have a niche, an area of specialty and are we paying attention to that. Does it align to our mission, vision, values? We need to know who our customers and consumers are going to be, especially if we are looking at improvements, remodeling or other investments. The cost of a bed (empty is lost revenues) is thousands of dollars and if you have a number of those, the cost can add up. Do you need the bed, what are the benefits and what is new about it? Can you save money by buying in bulk or volume? Can you save money in injury for patients or staff? Can you save on insurance or litigation issues? All of these and more are the questions you should be asking. Does our plan align with our mission, vision and values?
Is this a good time to do a SWOT analysis? What is a SWOT analysis and what does it show us? Thanks for sharing.
Making Proper Investment Decisions Discussion
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. 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