Memorandum
In this assignment, you are the CFO of a hospital, create a one-page memorandum detailing cost-cutting measures that will be undertaken in response to the COVID-19 (or similar) crisis.
Consider debt financing, variance analysis, and cost variances in the organization.
Translate your analysis results into practical action steps the organizations and employees will take.
Instructions
In this one-page memorandum:
Describe the action steps the organization will take to cut costs.
Explain the reason for the cost-cutting measures.
Discuss the valued contributions the employees can make to make the cost-cutting measures a success.
Describe the appreciation the organization has for the employees during this crisis.
Create a one-page memorandum detailing cost-cutting measures that will be undertaken in response to the COVID-19 (or similar) crisis.
