Calculate cost-benefit analysis or cost-effective analysis

Assignment Help Operation Management
Reference no: EM131181097

Your start-up organization’s mission is to educate the mothers in your state about the importance of vaccinating their children. The board of directors hired you as executive director because you have successively run small, nonprofit organizations in the past, and you have a reputation as a savvy fundraiser.

The state government has given you a large grant to fund this health initiative, but you realize during the budgeting process that you have a financial shortfall of approximately $100,000. What will you do? (Adapted from Burke & Friedman, 2011, p. 146)

Answer the following questions:

One method of reducing the financial shortfall is to appeal to the state government for additional funding using a cost-benefit analysis or a cost-effective analysis. How would you calculate a cost-benefit analysis or a cost-effective analysis for your project?

Another method of reducing your financial shortfall is to identify interested non-government donors who would support your project. What kind of non-government donors do you think would support your project and how would you find them?

Another method of reducing your financial shortfall is to reduce your expenses.What do you think would be the major expenses associated with your project and how would you decide which expenses to cut?

Reference no: EM131181097

Questions Cloud

How subcontractor will function within the team dynamics : How can a project manager know how a subcontractor will function within the team dynamics? If we are using an AGILE methodology what type of skills will work best with this type of methodology? And explain. If we are using a traditional waterfall pro..
Cheap overseas labor and outsourcing as corporate strategy : Discuss and explain in some detail how U.S. companies using all or a combination of (a) cheap overseas labor, (b) outsourcing as a corporate strategy, and (c)unskilled immigrants working in the United States:
Why is labor union membership growing in some countries : Why is labor union membership growing in some countries and shrinking in others? In a developing country or emerging market, how would an increase in labor unions affect MNCs who have manufacturing facilities or operations in these countries/markets?
Evolution of long-term care systems : During the 1800s, and well into the 1900s, families took care of their own members whenever possible. Several generations lived together, with the younger generation taking care of the older and vice versa. Post 1900s, the joint family system started..
Calculate cost-benefit analysis or cost-effective analysis : Your start-up organization’s mission is to educate the mothers in your state about the importance of vaccinating their children. One method of reducing the financial shortfall is to appeal to the state government for additional funding using a cost-b..
Recruiting-retention-compensation and benefits management : What does the high cost of replacing an international manager suggests regarding staffing philosophies i.e. recruiting, retention, compensation/benefits management, training and development etc. (pick two and discuss)? Do you think “thinking globally..
Except for the family and medical leave act : Except for the Family and Medical Leave Act, the remaining legally required benefits were conceived decades ago. What changes in the business environment and society might affect the relevance or perhaps the viability of any of these benefits?
Development of the researcher authoritative voice : An authoritative voice is considered an independent point of view of a researcher. Gaining credibility in research is part of the development of the researcher’s authoritative voice. What would you consider an authoritative source? If you are shown a..
Scale down their alliance and network activities : Some argue that at a 30%–70% failure rate (depending on different studies), strategic alliances and networks have a strikingly high failure rate and that firms need to scale down their alliance and network activities. Others suggest that this failure..

Reviews

Write a Review

Operation Management Questions & Answers

  Determine capacity requirements for electronics assembly inc

Electronics Assembly Inc. operates two 8-hour shifts for 275 days per year. Use the information in the table to determine the capacity requirements.

  Discuss effects that these changes would have on employees

In 3 - 5 pages, explain which change model you would follow for the short-term change and which you would follow for the long-term change. Provide rationale for your decision and discuss the effects that these changes would have on the employees,..

  Using the longest operation time heuristic

Task Task Time (seconds) Immediate Predecessor A 45 - B 11 A C 9 B D 50 - E 26 D F 11 E G 12 C H 10 C I 9 F, G, H J 10 I 193 Assign tasks to stations for a desired output of 500 units in a 7-hour day to balance the line using the longest operation ti..

  Existing contractual requirements

A supplier quality management audit to meet a company’s existing contractual requirements is most like:

  What is the advantage of available to promise logic

What 5 elements does the master schedule provide? What does the bill of materials provide? What are master production schedules (MPS)? What is the advantage of available to promise (ATP) logic?

  Simple minimizing process velocity

Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process something through the system.

  Discuss the role of integrated marketing communications

Discuss the role of integrated marketing communications (IMC) in a small business' overall marketing strategy. List and discuss some potential savings of employing IMC.

  What is the service rate of the server

What is the utilization of the server and what is the expected time between people arriving to system.

  How important role should ethics play in decision-making

Given all the corporate scandals (e.g., Enron, Tyco) that have been in the news, how important a role should ethics play in decision-making? Should leaders and managers—and organizations—be evaluated on the extent to which they make ethical decisions..

  Determine the current capacity of the entire process

The following diagram describes a process that consists of eight separate operations, with sequential relationship and capacities (units per hour) as shown:

  Quality management standard for quality management

What is the international quality management standard for quality management and assurance that is primarily concerned with quality of air, water, and soil

  What were the reasons for the change

Discuss a situation when a leader refused to change their leadership style or did not recognize a need for change in order to achieve desired results. What were the reasons for the change? What were the results?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd