Discuss how an organization’s budget can affect both the development and execution of its strategic plan. Similarly, how could a strategic plan affect an organization’s budget?

Kindly answer as Q&A only:

1. Discuss how an organization’s budget can affect both the development and execution of its strategic plan. Similarly, how could a strategic plan affect an organization’s budget?

2. Proverbs 3.9

In this message, what is the relevance related to this discussion question (#1)? Reflection?

Honor the Lord with your wealth and with the first fruits of all your produce.

3. After viewing the video below (copy and paste the address below in your browser) on financial statements, answer the following questions:

A. What is “cost of goods sold

B. Which financial statement must always be “balanced” and why is it considered permanent

C. What is owner’s equity

D. What is the cash income statement purpose?

E. What are other names for the “income statement”?

4. Mind mapping is when you think of ideas, write them down, and seeing how they can connect with one another. What three things do you believe are important elements of a mind map? And do you think mind mapping will be beneficial for you in navigating through your career?

5. Discuss what the term “professional boundaries” means within the health care setting. How do professional boundaries compare to personal boundaries? Is there ever a time when it is acceptable to cross a professional boundary? Provide a rationale.

6. How do you think you can maintain or enforce appropriate professional boundaries?

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