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  1. In your own words, describe the main stages performed to improve the Monroe County hospital (emergency department – wait time) to enhance the overall performance. ( 150 – 200 words )
  2. Based on the project objectives, discusses the significance of linking the operational improvements with the business`s long term strategies. ( 100 – 150 words )
  3. To which do you agree with the author indication that “Leaders must measure, track and know their organization’s numbers”. Explain. ( 150- 200 words)

Sample Solution

r to a limited number of individual investors. In China, an equity raising offer made to less than 200 individuals do not need to fulfil the public equity raising requirements. Some examples of equity crowdfunding platforms are Syndicate Room, Crowdcube and Seedrs. 3.3 Need for Crowdfunding Crowdfunding in its present form might be a new phenomenon, however the basic concept that underpins it, which is resource collection from the crowd is nothing new. It is a practice that has been in existence since the eighteenth century. Thus, it is imperative to analyse the following: First, is it a mere fad fuelled by the age of the internet and development of social media. Second, whether turning to the crowd is a sustainable or a temporary social phenomenon.
The Financial crisis of 2008 resulted in the failure of a number of banks and consequently the Basel III Capital adequacy norms were made applicable to banks. As a result, banks became increasingly constrained in their ability to lend money to the ventures or start-ups which may have high risk element. Hence, there is a need for funding for SME through alternative sources. SMEs are able to raise funds at lower cost of capital without undergoing through rigorous procedures in this mode. The viability of crowdfunding provides a much needed new mode of financing for start-ups and SME sector and increases flows of credit to SMEs and other users in the real economy. Thus, it is important to understand the pros and cons of crowdfunding to assess the need for such a nascent mechanism, especially in India.

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