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Your human services organization's Director has appointed you to head the staff and management committee which will develop the organization's planning effort. You have used strategic planning, management planning and program planning models before to develop the organization's program planning. But you believe strongly that taking a strengths-based approach will produce better results for long term sustainable change in the community. Below, explain to the committee the three different types of planning models and then compare/contrast those to the methods of Assets Planning and Mapping. Describe one example of each of the three standard models (strategic, management and program) and then one example of Assets Planning and Mapping. Tell your committee in one sentence why you want to use Assets Planning and Mapping for the organization's planning process.
Stockholders' Equity
The remaining value of a company's assets after all its debts have been paid, commonly known as shareholders' equity.
Prepayments
Payments made in advance for goods or services that will be received in the future, often recorded as assets on a balance sheet.
Revenue Recognition
The accounting principle that dictates the specific conditions under which revenue is recognized or accounted for.
Intangible Assets
Non-physical assets possessing value such as patents, copyrights, trademarks, and goodwill.
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