mha612 week 4 discussion

To participate in the following discussions, go to this week’s Discussion link in the left navigation.

1. Understanding Flexible Budgets

   Read Assignment 1 in Chapter 16 and in 300-350 words, answer the following questions:

   • What are the roles played by a budget and how many budget types are available?
   • Under what conditions is a flexible budget likely to be more effective than a forecast budget?

   Respond to at least two of your classmates’ posts.

2. Strategic Planning and Financial Planning

   Read Chapter 13 and in 300-350 words, answer the following questions:

   • What is your understanding of strategic planning and financial planning?
   • What if financial planning is not aligned with strategic planning? What are the consequences? You are encouraged to select a healthcare organization to answer these two questions