Week 14 Discussion: Better Forecasting and Use of Capital A large healthcare hospital has multiple...
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Week 14 Discussion: Better Forecasting and Use of Capital A large healthcare hospital has multiple departments each with a dire need to procure equipment that is past its lifespan and threatening its regulatory accreditation. The CFO has limited funds and is unable to meet each department leader's demands. However, the managers are concerned and feel that their department should take priority in having their needs met. You are helping the CFO strategize to better support financial forecasting and to have sufficient capital on hand to avoid these situations. A department manager presents their argument to justify their need to outcompete others for the capital. You are asked to help develop three recommendations on how the organizations can establish better financial planning and forecasting to avoid not having enough working capital to fulfi these needs. Provide a rebuttal when you respond to your peer's justification. Discussions provide the opportunity for students to collaborate and expand their learning within the course by seeing other people's viewpoints. A thoughtful, substantive response must be 1. Minimum post to the initial discussion is 200 words. Your post should demonstrate an understanding of the module content that is supported with examples or research
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