Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Financial Management Expert

You have hust became the manager of an assisted living facility for elderly but ambulatory ( able to move without assistance) clients.

You have come to a conclusion that you need a new facility.The buliding you rae in is a converted hotel built in the 1960's and it is no longer a viable platform to effectively support your miission of serving a geriatric population.

In addition to needing rooms, dining facility, a medical clinic (with 24 hours staff), a hair salon, technology lab,game room ( pool,vintage games,etc..) movie theater and a swimming pool, a new requirement has been identified by the industry and that is pet staff. This special staff would consist of a few dogs and cats living in the new facility with over 300 clients.

Note: animal staff should not be isolated but can be restricted to certain parts of the facility, for example, they would need to be kept out of the kichens and dining areas.

You need to locate a building anywhere in the USA but consider that we dont want our clients to get sick because of cold winters. Also, excessive heat may be a problem.

There are no specific cost constraints but all of the specified criteria must be met or close as you can. Remember that where there is more than one floor clients will need multiple elevators and visitors must have elevators.

Also consider the extensive safety apparatus for elderly to move and bathe. lastly, there must be room for Hov-a-rounds and all types of wheel chairs for folks who cant walk long distance.

As you prepare to answer this question insure you prioritized the specialized criteria above. Also determine whether you want to use generic criteria. N

ote: the more requirements included in your recommendation for a new facility the higher you score. When you locate a new facility onile insure that the URL and a description matching some or all of the attributes described above are included. It's fine to pick one that is already an assisted living facility. But these will have to be very close to perfect in meetin specified criteria.

You can answer this quesion in one page. An introduction with background, the actual selection and detailed description and of course tell me why.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92763657

Have any Question?


Related Questions in Financial Management

Please respond to the following discussion not an essay

Please respond to the following: {Discussion, NOT an Essay. Under 350 WORDS} a) Suggest one key factor that a financial manager should evaluate when determining whether to invest in stocks or bonds. Provide support for y ...

Assignment1before the truth in lending act auto dealers

Assignment 1. Before the Truth in Lending Act, auto dealers used to use a trick called add on interest. Suppose you bought a $30,000 car and financed it over 5 years at 6% interest. To calculate your payment, they'd take ...

Questions 1 when can there arise a conflict between

Questions 1. When can there arise a conflict between shareholders and managers goals? How does wealth maximization goal take care of this conflict? 2. A company has just tested the market for a new product. The test indi ...

Using the framework discussed in the background readings

Using the framework discussed in the background readings, critically analyze General Mills' strategic choices at the Corporate level (remember that "corporate" level is the very highest level of the organization, with lo ...

Consider two companies united states steel x and facebook

Consider two companies: United States Steel (X) and Facebook (FB). Look at the profiles (financial statements for 2016) of each on yahoo finance and discuss the followings (you need to calculate these values yourself and ...

Part a-budgeting amp financial analysisassume the following

Part A-Budgeting & Financial Analysis Assume the following data for Spring Break Corp: Statement of Income:                                               Balance Sheet: 2017                                                ...

Financial management assignment questions -1 if you assume

Financial Management Assignment Questions - 1. If you assume market interest rates are expected to increase over the term of the loan, would you prefer a loan with a fixed interest rate for the life of the loan or rather ...

Assignmentcomplete the following questions in addition to

Assignment Complete the following questions. In addition to answering the items below, you must submit an analysis of the assignment. Analyze the specific outcomes and write an analysis directed toward the management tea ...

Scenario 1you know from government legislation that the

Scenario 1) You know from government legislation that the legal tax rate on your property is 2.4% and the city's assessed value of your property is $155,000. However, your property is currently on the market for only $60 ...

Question -discuss the role of a central bank in a country

Question - Discuss the role of a central bank in a country, particularly in implementing monetary policy. Comment on any regulatory requirements imposed on the central bank in performing their responsibilities. Comment o ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As