You are the manager of a variable hospital department, and you just received your monthly budget results that state that your salaries were higher and your supplies were lower than budgeted. Your vice president expects managers to wrte detailed variance reports that include all possibilities.
1.Write a paper of 750-1,000 words that explains what factors you should consider when writing your variance report to your vice president.
2.Include the relationships between variance reporting, interpreting variance report results, and actual results of performance.
3.Cite a minimum of three references to support your rationale.
1.Choose a major capital piece of equipment to be used in the radiology department of a hospital (e.g., CAT scan, MRI, nuclear medicine camera, etc.). Next, research and choose a vendor. Vendors such as GE, Siemens, or others can be located on the Internet.
2.Request information on cost justification and ROI from the vendor.
3.Write a justification for capital purchase (750-1,000 words) to your vice president as to why this would be a good investment for the hospital. Include the operating costs you took into consideration and what facility considerations are involved regarding this new piece of equipment.
4.Cite a minimum of three references to support your rationale.