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Budgeting and Financial Management

Budgeting and Financial Management

Budgeting and Financial Management

Assignment 1: Discussion Assignment
The discussion assignment provides a forum for discussing relevant topics for this week based on the course competencies covered.

For this assignment, make sure you post your initial response to the Discussion Area by the due date assigned.

To support your work, use your course and text readings and also use outside sources. As in all assignments, cite your sources in your work and provide references for the citations in APA

Start reviewing and responding to the postings of your classmates as early in the week as possible. Respond to at least two of your classmates. Participate in the discussion by asking a question, clarification, providing a point of view with a rationale, challenging an aspect of the discussion, or indicating a relationship between two or more lines of reasoning in the discussion. Complete by the end of the week.

Budgeting and Financial Management

Part 1

There is a mounting public awareness and focus on issues of financial accountability and control across the country today. The public is demanding businesses, government agencies, public health organizations to adhere to and high standards of integrity, accountability, and financial control.

Respond to the following questions in relation to financial management and budgeting:

In your opinion, should the same standards and expectations of financial accountability and control of private or for-profit corporations and businesses be placed on public health
What value, if any, do financial management and budgeting have for accountability and control of public health organizations?
Most marketing business professionals would agree that effective marketing messages should be clear, consistent, and compelling.

Consider the following statement:

All county health departments should use identical marketing strategies to market public health services.

Do you agree or disagree with this statement? Justify your responses with scholarly references and appropriate examples.

Part 2

Operations plans and organizational budgets are vital for organizations to meet their goals and objectives. Operations plans and budgets are closely intertwined and interdependent. Cross-to plan, develop, and monitor the operations plans and organizational budget documents.

Respond to the following discussion points in relation to organizational budgets:

Why are operations plans and organizational budgets so closely linked?
Recommend strategies for cross communication at the planning, development, or monitoring phases of operations planning and budgeting.

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