Budget Revisions
A religious rights group calling themselves China CRYOut! has just announced responsibility for the bombing of a CryBur facility in Shanghai as a protest of cryonic burial. The explosion caused $1.2B in property damage and claimed the lives of over 500.
Review the breaking video transcript again for more information on both events.
Review the Financial Implications of I.C.’s Resignation & China CRYOut! Bombing.
Review the Financial Implications of I.C.’s Resignation & China CRYOut! Bombing.
Considering the latest developments, determine whether the budget you created in Unit 7 needs modification. If so, resubmit a modified budget, highlighting the modifications.
In addition, include a 3–5-page paper that explains how each of the strategies for maintaining a structurally balanced budget were utilized during your review of your Unit 9 budget in light of the bombing of the CryBur facility in China.
Explain the planning process and how items were prioritized to establish a budget that is balanced, self-funded, and has a net zero cost.
Review your methodology and budget on the basis of China CRYOut!’s terrorist actions.
In Unit 10, the scenario is altered to include the following event:
2nd “Late Breaking News” Script
Newscaster: “We interrupt this program to bring you this special report from Shanghai.”
Newscaster “You’re looking at satellite images of a CryBur facility in Shanghai, China. At 8:59 a.m. local time, an explosion rocked the CryBur facility, leveling the building. Although local authorities have not released any official data, experts estimate that over 500 lives may have been lost and $1.2B in property damage has been incurred. Early reports from Shanghai journalists state that a religious rights group calling themselves China CRYOut! has claimed responsibility for the blast.”
Newscaster: “This incident has occurred at a critical time for CryBur, the owner of the facility in Shanghai. CryBur has been instrumental in providing input to the Cryonic Regulatory and Advisory Commission, or CRAC, budget that is shortly to be presented for adoption. I’ve asked our station’s business correspondent to give her opinion on what impact this attack on the CryBur facility may have on the CRAC budget.”
Business Correspondent: “You’re absolutely correct that this incident may have far reaching effects on the CRAC budget. Not only has CryBur provided significant input to the CRAC budget, but they are also a major potential contractor for government funded cryonic burial. By putting the Shanghai facility out of commission, it’s possible that CryBur may have problems meeting the volume of burials it indicated it may be able to provide.
But there’s another aspect to consider since responsibility for the blast is being claimed by China CRYOut! CRYOut! in the United States has also made significant contributions to the crafting of the CRAC budget. Although there is no confirmed relationship yet between CRYOut! and China CRYOut!, this perception of the public could damage the group’s credibility and motives in their comments on the CRAC budget. Only time will tell what the ultimate impact these events will have on the CRAC budget, but you can bet the staff is scrambling to do damage control before the budget presentation.”
Newscaster: “Thank you for those comments. And for our viewing audience, we’ll bring you updates as the situation in Shanghai develops, as well as the overreaching impact today’s events may have on the CRAC budget. We now return you to your regularly scheduled broadcast.”
Assignment:
Considering the latest developments, determine whether the budget you created in Unit 9 needs modification. If so, resubmit a modified budget, highlighting the modifications. Also, include a 3- 5-page paper that explains the changes and overall strategies for maintaining a structurally- balanced budget.
- Include a cover page and references page in 10–12 point font (Arial, Courier, and Times New Roman are acceptable)
- Viewpoint and purpose should be clearly established and sustained
- Assignment should follow the conventions of Standard English (correct grammar, punctuation, etc.)
- Writing should be well ordered, logical, and unified, as well as original and insightful
- Your work should display superior content, organization, style, and mechanics
- Appropriate citation style should be followed
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