Your assignment is to prepare and submit a paper on magical healthy goodies. This means, Magical Healthy Goodies wants to have a global outreach. The business of low calorie intake baked cookies, cakes, and pastries should attain international standards.

Employees hired: Ms Alyaa Mohamed has been hired as personal assistant. Further, three chefs and three delivery boys are to be hired. The delivery boys would handle the local orders. A manager is to be hired to arrange for international delivery and shipping. An accountant is also to be hired. Ms Fatmah appoints herself as the CEO of the company.

Business activities and products offered: Business activities include manufacture, customization, delivery, and shipping of the products. Products include low calorie intake baked cookies, cakes, and pastries.

1. The owner: “Effective executives do not make great many decisions. They concentrate on what is important. They try to make the few important decisions on the highest level of conceptual understanding.” (Drucker et al, 2001). Ms Fatmah has to function herself at the level of management accountancy. She must personally see the journal, ledger, and trial balance entries. Since this is the age of globalization and the company can aspire to develop international outreach with the laps of time, all financial records should be maintained in terms of US dollars.

2. The lender: Money should be borrowed from a bank that has international operations. The owner should check the previous annual reports of the bank. The stock value of the bank is also an important consideration. The lender, i.e., the bank must check Ms Fatmah’s ability to furnish collateral security. A reliable guarantor should be there. The capital reserves of the new company and the amount of cash in hand are important considerations of for the bank.

3. Competitors: In a competitive market, publicizing the financial records is generally avoidable. Ms Fatmah must keep an eye on her competitors, especially those who have launched public issue.

For this assignment, you will analyze an economic initiative that is relevant to your current or desired health care leadership position, using a cost-benefit analysis tool. Examples of potential topics are changing staffing ratios, acquiring new diagnostic capital equipment, adding a new clinical service line, examining the impact of a pricing modification on a payer contract, or expanding non-reimbursed care from four to five percent per annum. You will list associated costs, assign monetary and non-monetary benefits, and examine net present value (PV) and future value (FV) over a time horizon of five years. You will practice executive action by making a recommendation, and supporting it with rationale. The deliverable for this assignment is a completed cost-benefit analysis spreadsheet with line item costs, estimated monetary and non-monetary benefits, and a PV and FV over a five-year time horizon. In addition, you will include a short narrative executive summary with salient points for decision making and your final recommendation. Use the preformatted Cost-Benefit Analysis Spreadsheet, located in the Resources section.

Instructions

1. Select a relevant health care initiative from the workplace for economic analysis.
2. Complete the Cost-Benefit Analysis Spreadsheet, 
3. Analyze the net present value and future value (5-year time horizon) of the proposed initiative.
4. Propose a recommendation to proceed with the initiative or not, based upon sound quantitative and qualitative data. Summarize, as well, salient external environmental considerations and organizational “fit.”