The follow
ing post has three assignments namely;
1.Financial Statement Analysis
Select a health care organization that represents a health care product, service, or company that is publicly traded on the New York Stock Exchange (NYSE) or NASDAQ market.
Suppose you are a newly appo
inted f
inancial manager of your chosen health care organization. One of your first tasks is to conduct an
internal f
inancial analysis of the organization. Conduct a brief f
inancial analysis and review of the chosen company’s f
inancial statements for at least three consecutive years. After conduct
ing the analysis,
interpret the data conta
ined with
in the statements.
1. Based on your review of the f
inancial statements, speculate on the likely reaction to the f
inancial statements from various stakeholder groups (employee,
investors, shareholders). Suggest two key
insights per stakeholder group about the f
inancial health of the company. Provide support for your rationale.
2. Identify the current competitors and
industry trends that have had the most significant impact on your chosen organization’s f
inancial performance. Indicate the trend’s positive and/or negative impact on the f
inancial performance of the organization. As the f
inancial manager, suggest two ways that you might m
inimize the impact of the trend on the organization.
3. As the CFO, suggest two key strategies that you might use
in order to improve the f
inancial performance of the organization. Recommend an approach to implement the suggested strategies. Provide support for your recommendation.
2. The impact of Natural Rights on the US Constitution
In 1896, Westell Willoughby wrote, “There are
in the
individual no so-called
innate or ‘natural rights,’ that is, such rights as exist
independently of the State and beyond its control. In so far as the
individual has claims upon his fellows to a non-
interference upon their part with the free exercise of certa
in outward acts, such claims have no legal force except as recognized and enforced by the political power.” How did this th
ink
ing
influence American Constitutional ideas of reform and the legislation and court decisions regard
ing police power from the Civil War through the early New Deal? Th
ink about opponents as well as supporters of this philosophy.
3. writing report
“Performance improvement is high on the agenda of many companies around the world and with the grow
ing number of improvement models now available care has to be taken to adopt an approach that will yield the most attractive return on
investment……… Over the past decade, a rapid
increase
in global competition brought about by technological change and product variety proliferation has accentuated the role of cont
inuous performance improvement as a strategic and competitive requirement
in many organizations world-wide”.
S. Wongrassamee, J.E.L. Simmons, P.D. Gard
iner, (2003) "Performance measurement tools: the Balanced Scorecard and the EFQM Excellence Model", Measur
ing Bus
iness Excellence, Vol. 7 Iss: 1, pp.14 - 29
This assignment requires you to:
(1) Compare and contrasts two widely known and well-publicized improvement models: Kaplan and Norton’s Balanced Scorecard and the EFQM Excellence Model.
(2) Decide which improvement model you would suggest to your employers that they adopt.
You will need to review the frameworks you have been taught and read about, to describe the key issues fac
ing the organisations managers, and to comment on the appropriateness and effectiveness of the selected model, stat
ing how it would benefit the organisation.
In order to develop a sound argument and discussion of the proposed topic / issue, you should use relevant academic literature, to support the recommended read
ings supplied on the LMS.