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Healthcare

 Health Care Dissertation

ECONOMIC MANAGEMENT

La'Kesha Wright

HCS/405

09/16/2012

Sherida Douglass

Launch

The role of financial managing in well being services primary role is usually to secure the financing need to meet a company operating aims. The part of the monetary manager should be to plan for, acquire, and employ capital to increase the productivity and benefit of the business.

4 Elements

" The four components of financial supervision are: planning, controlling, organizing and directing, and decision making (Hearle, 2009) p. g 56. ” The components are based on the goal of each activity. Planning determines the steps that must be taken to accomplish the organizations objectives. Managing makes sure every single are with the organization is definitely following the ideas established. Making decisions allows the financial director to make decisions between available alternatives, and Organising and Directing allows the financial manager to effectively carry out proven plan by utilizing the organization solutions. Planning

" The purpose of monetary planning should be to identify aims and then determine steps necessary to meet the goals (Hearle, 2009) p. g 56. ” The economic is responsible for determining the steps and ensuring that the objectives happen to be met. Controlling

One way of ensuring each part of the organization will be following the plans established will be studying and comparing before reports. " The comparability will show economic manager where organization will need attention due to being ineffective (Hearle, 2009) p. g 57. ” " The goal of controlling is always to ensure ideas are being followed (Hearle, 2009) g. g 57. ” Organising and Directing

" Although organizing, the financial manager will choose to use assets available by the organization that will most successfully carry out programs that have recently been established by the corporation (Hearle, 2009) p. g 57. ” The economic manager will continue to work daily to hold the results running proficiently. " The purpose of organizing and...

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