17 Oct DISCUSSION ASSIGNMENT INSTRUCTIONS The student will post one thread of at least 500 words. For each thread, students mu
DISCUSSION ASSIGNMENT INSTRUCTIONS
The student will post one thread of at least 500 words. For each thread, students must support their assertions with at least 2 scholarly citations in APA format. Any sources cited must have been published within the last five years. Acceptable sources include the textbook, the Bible, etc.
Topic: Forecasting
Identify a forecasting technique used in your place of employment to make an important budgetary decision. Discuss the following:
- The type of forecasting process and why this technique was utilized.
- Discuss the concepts of seasonality and trend as they relate to a specific decision and outcome.
- How did this decision impact the budget?
- How did this decision impact strategic planning for a specified unit/division in the organization?
Obtaining this information may be ascertained from your work experience or through discussion with a nurse leader in your organization or a finance person who specializes in nursing services/outcomes.
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