Briefly define, in your own terms, what financial health means from an organizational standpoint. Include in your definition the specific factors that would be taken into consideration when assessing an organization’s financial health and stability. Financial Health of an Organization

Describe in detail what financial health looks like from the organizational perspective. Include in your definition the specific factors that would be taken into consideration when assessing an organization’s financial health and stability. To put it another way, what evidence would you have to support the organization’s health?
· Identify two or more financial practices (good or bad) of an organization with which you are familiar, and categorize each practice based on your definition of organizational financial health, including a rationale for each categorization. Please give specific examples.
Notice: If you are using examples from professional experiences, make sure that the identities of individuals and organizations as well as any confidential or proprietary information is kept secret.

Financial Health of an Organization

Answer

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