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Solutions

3.1 Justify best strategic choice after strategic analysis to implement strategy


3. Understand strategic and business plans for healthcare organisations based on environmental analysis.


2.3 Analyse policy solutions in relation to one aspect of health and social care.


2.1 Analyse the significance of externaland internal environmental analysis.


2. Understand external and internal environments for health and social care organisations


1.4 Critically evaluate health and socialcare policy in own country.


1.2 Explore approaches to health andsocial care policy formation in aninternational context.


1.1 Summarise current global issues inhealth and social care.


Unit HSC704: Health and Social Care Strategies and Policies


The aim of this unit is to introduce key financial concepts and tools for managers in health and social care.


3.3 Evaluate capital expenditures and investment projects using different investment appraisal techniques.


3.1 Explain the rules of double-entry book- keeping and how it is used to maintain financial records.


3. Understand how business decisions in health and social care can be informed by financial information.


2.3 Evaluate the process of budgetary control andrevenue management in a health and social care organisation.


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