You are the chief financial officer (CFO) for an organization and need to discuss with fellow C-suite executives that cost cutting is not the only answer to profitability. Prepare for the next manager’s meeting by responding to the following prompts:
- Explain how a capital budget and a return on investment contribute to sustainable growth.
- Clarify the role that risk analysis plays during capital investment decision making.
Provide 1 reference that discusses cost containment and patient care 400-600 words. Peer reviewed within past 5 years. Due 3/5/19.