Analyze the Capital Cycle for Proper Managerial Techniques

To succeed in a competitive environment, the capital cycle must be competently managed. The long-term success of any organization depends on its ability to make capital investment decisions that will eventually add to and enhance its future capital capacity.

Prepare a paper responding to the following:

• Explain why healthcare executives need to know the capital cycle.
• Determine how the capital cycle impacts the operational (day-to-day) budget.
• Explain the typical approval process for capital. Does it only go through one person (i.e., the CEO), or is it more involved? Provide examples to justify your thoughts.
• Identify the essential characteristics of a financially successful organization. How should healthcare managers apply these traits in understanding the capital cycle of their organization?

Support your paper with a minimum of five scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

Length: 5-7 pages, not including title and reference pages

Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.

Words Limit: 1650 including References