Budgetary Challenges

Question 1


  • Document the institution’s mission statement and/or vision statement for ophthalmology office.
  • Propose a mission statement for the institution based on observations.

Question 2

This assignment has 2 parts:

Today, many companies face budgetary challenges on a continual basis. Two critical aspects that businesses lack are effective control practices and monitoring.

  1. What are some examples of effective control practices and how do they help address budgetary challenges?
  2. What types of challenges could exist in monitoring and maintaining the controls?

Question 3

Select at least five (5) economic concepts covered in the first four weeks’ readings, and discuss the primary manner in which these concepts impact the world of health care economics. Some examples of selected concepts are health demand and supply, elasticity, resources, health measures, and costs.


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