Justification of vendor ROI for a major equipment used in radiology Assignment

Justification of vendor ROI for a major equipment used in radiology - Assignment Example The report also highlights the relationship between cost justification and return on investment in detail from the manager’s point of view providing justification for the feasibility of the capital purchase or investment decision to be made to the Vice president of the company. Variance report is a method of communicating the performance of the company between the executives. A comparative analysis is conducted by comparing the available set of figures to reach an effective outcome. The sole purpose of the variance analysis is to review the budgetary goals and targets which the company plans to achieve. The management required to review the monthly budget because the expenses of the salaries were higher and the supplies and equipment which were available in the particular department were comparatively lower than the budget breakup. A properly formed variance reports includes the overspending or under-spending trends. In this case the hospital is spending more on the salaries of the employees and less on the equipment although the prescribed budget is sufficient to do so. A variance analysis must include proper graphs and figures and it must define the favorable and unfavorable position of a particular decision (Microsoft, n.d.). A variance analysis must include the comparison of the actual and the budgeted figures. The difference in the variation of the actual and the budgeted figures of the hospital will be clearly predicted to reach to a conclusion. A variance report identifies the areas which will improve the installation of the Linear Accelerator. The equipment and the vendor from which the equipment will be purchased are discussed in this report. During the analysis the calculation of the cash budget will be analyzed. A detailed structure of the estimated rise in the number of patients for the economic period will be projected with the figures of the receivables and the cash

Critical Summary Writing for Virtual Communities Assignment

Critical Summary Writing for Virtual Communities - Assignment Example Online discussion of whatever topic engages people and makes the virtual community interesting that engages people because a wealth of economies for knowledge are shared where everybody benefits from it of which an effective host is able to create the suitable environment for such engagement to flourish. This may not be easy to do but showing genuine interest for online community members and establishing rules early on helps create a positive online environment. The absence of physical contact makes online community vulnerable to misunderstanding and conflict. It is expected that the host will be challenged by the community members in the early stage of the online community. It would be better if the host will delay emotional response when challenged by members of the online community. It would also help not to say anything and bend over backward to become civil when challenged. If the host must respond, it would be safer to send a private message to the party concerned. One must remember that an ounce of elegance and grace is worth ten pounds of argument. Averting possible conflict in the online community ensures the positive atmosphere where members are engaged Hosting a virtual community or social media is just like organizing a physical community. One must be a good host to facilitate group activity that keeps everyone interested. Just like physical community, there are also pitfalls that could spark misunderstanding of which a good host must avoid. Emotional restraint is a good quality of an online host to avoid conflict. once these environment is created, the online community will become a self-sustaining group and will