Carlos Albizu University Wk 8 Research Methods in Healthcare Management Question
Question Description
Week 8
Research Methods in Healthcare Management APA Style Question
Part 1
Discussion Prompt 1-3 Paragraphs (Case Study Attached)
Complete your Week 8 discussion prompt.
Review the case study at the end of Chapter 12 of your e-text and address the following question:
- The case study showed that Ms. Ferguson was not interested in comparing her clinic to others in the area when determining how to increase revenue. Do you think this was a good decision? Explain your rationale.
Part 2 (Please Separate this part to a different Word Document)
Week 8 Assignment: Personal Budget
Objective: Create a personal budget and explore how it can influence decision-making.
Below is a chart of common personal budget line items. This budget reflects income and expenses for a typical month. Use Excel to complete the chart with your current salary or your goal salary and answer the questions that follow. Include additional monthly expenses as needed.
Refer to Chapter 12 in your text for models and examples of calculations.
Calculate the items below. Note: Using the function (fx) toolbar will help save you time.
- How much money do you earn (before taxes) in a:
- Week:
- Month:
- Year:
- How much money in state and federal taxes is withheld from your paycheck every two weeks?
- Calculate your take-home pay for one month.
- How much discretionary money do you have after paying living expenses?
- Suppose you want to start saving more money. How much money would you need to save each month if you saved 5%, 10%, and 15% of your discretionary money?
- 5% =
- 10% =
- 15% =
- Suppose you want to save the maximum amount of 15% of discretionary money each month. How much money do you have leftover to use each week for going out, gas for the car, and entertainment?
In a one-page paper, address the following questions.
- What sort of sacrifices will you need to make to accommodate all of your wants and needs?
- Do you see any short cuts or quick ways to achieve your goals? Explain.
- Would you need to make any ethically questionable choices or go against your personal values in order to meet your goals? Explain.
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