Financial management includes four major elements (planning, organizing, controlling and directing, and evaluating). Using a minimum of two-hundred and fifty words and including at least two credible sources, one of which may be the course textbook, complete the following:

Provide a real-world example for each of the four elements of financial management by applying each element to the operations or planning of a business where you have experience or aspire to work (cardiology imaging).

Next, select one of the four elements of financial management, and provide an example of how you would implement this element as the manager of a healthcare facility (i.e., a primary care physician's practice, specialty practice, long-term care facility, clinic, hospital, etc.).