Explain the relationship between the financial plan of an organization and its strategic plan

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Access and read the Northwestern Memorial Financial Statement.

After you complete the review of the financial statements that covers two years, answer the following prompts in an essay (1,500-2,000 words), citing three to five scholarly sources to support your claims:

1. Explain the relationship between the financial plan of an organization and its strategic plan.2. Assess the present year financial position of the organization as compared to the previous year. Give specific examples of areas improvement or areas that should be of concern in terms of financial viability.3. Based upon these observations, make recommendations that management should consider from a strategic standpoint.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

 
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