How is economics in health care unique from other industries

How is economics in health care unique from other industries?

How is marketing in health care unique from marketing in other industries?

What marketing challenges might arise should a major health care provider stop offering a product or service that is socially popular but economically unprofitable?

What marketing elements should be considered before a health care provider eliminates such a product or service?

Samsung Electronics case

  1. Explain how the Samsung Electronics case illustrates the entrepreneurial orientation (EO) dimensions of innovativeness, proactiveness, and risk-taking and how they can be combined to create competitive advantages for entrepreneurial firms. What is the difference between focused and dispersed approaches to corporate entrepreneurship? Which best represents Samsung Electronics? Explain your answer.

 

Operations into the Eastern market

You are currently the head trainer of a global U.S. automobile manufacturer. The organization has decided to expand its operations into the Eastern market such as China, Japan, and Singapore. The vice president of human resources has asked that you propose outlining your plans for a new hire orientation program for the Eastern market. In your proposal, include the elements listed below. Discuss how the Eastern market will potentially view new hire orientation, and then discuss two to three ways to tailor the new hire orientation to this market. Discuss how the Eastern market perceives the relationship between the learner and trainer. Discuss who will be responsible for giving the new hire orientation to the Eastern employees and how the orientation will be delivered. For example, will a local who is familiar with the language deliver a live orientation training session, or will it be a remote training session with a translator? Will it be some other delivery method? Once the method is chosen, discuss why this method is appropriate for the given market.

 

Adaption of a biblical story

Dr. Apple is the principal of a small elementary school in a metropolitan school district.  One of her best teachers asked her first-graders to make a poster depicting things for which they were thankful.  One student made a poster expressing thanks for Jesus.  Posters were displayed in the school’s hallway.  The student’s poster was removed but later returned in a less prominent place.  The next year, the student was chosen to read a story to the class.  The student selected an adaption of a biblical story. Should the student be permitted to read his biblical story?  Why or why not? What is the legal issue surrounding both the poster and the biblical story? What legal risks does the school incur (if any) if it permits either or both of these activities? What legal risks does the school incur if it denies either or both of these practices ?How would the courts’ likely rule in both cases?

 

Role of account manager

Role of account manager

The Acme Pickle Company has distributed pickles under the “Florida’s Best” brand for eight years from its production facility in Jacksonville, Florida. It sells the pickles to stores in the southeastern United States. Acme normally produces between 8,000 and 10,000 cases of pickles a month but has the capacity to produce 12,000 cases without adding equipment or personnel.

The owner of a twenty-store supermarket chain in Wisconsin, called Super Deals, visits friends in Florida and is impressed with the quality of “Florida’s Best” pickles. He approaches you, an Acme Pickle account manager, with an offer to buy 2,000 cases of pickles to use in a special promotion at his stores. He is thinking of something such as:

“Free jar of Florida’s Best pickles with every purchase of forty dollars or more—this month only!”

He offers Acme a price of $9.50 per case, knowing that it is a very substantial discount from the normal selling price of $20 a case. Acme’s management is inclined to turn the offer down, because their cost is calculated at $10.00 a case. They believe they would lose money if they sold at $9.50 a case. You, on the other hand, believe that some errors have been made in the cost accounting.

Your Role

You are the account manager for Acme Pickles.

Requirements

Your analysis for the Controller and Sales Manager is needed to suggest a different way of calculating the pricing of the pickles that may be lower. As part of your analysis, address the following items:

  • Explain why some production costs are variable and some are fixed.
  • Analyze the benefit of recalculating the cost of pickle production.
    • How would you recalculate it?
    • What would the result be?
    • What is the benefit to the company of recalculating the cost?
  • Analyze how financial accounting of production cost differs from managerial accounting of production cost.
    • Explain the difference between the two accounting methods.
    • Identify the benefits and drawbacks of each method.
  • Recommend a plan of action to management regarding Super Deals’ offer.

Below is the cost report for a recent month. In this month, Acme produced 9,000 cases and sold them at $20 per case, which is Acme’s normal selling price. Nine thousand cases are well beyond Acme’s break-even point, enabling Acme to record a substantial profit at the nine-thousand-case level.

Acme Pickle Company Cost ReportItemCostCucumbers$15,000Spices and vinegar11,000Jars and lids10,000Direct labor, paid by the case30,000Line supervisors, on salary10,000Depreciation on factory10,000Property taxes on factory3,000Insurance on factory1,000Total Costs:$90,000Cost per case (9,000 cases produced) $10.00

Deliverable Format

Your team lead wants to share this analysis across remote locations of the organization and is hoping you will set the standard for how analyses and decisions of this type should be presented and supported. Your team has requested either a recorded presentation (including slides and notes) or a presentation and supporting reporting that can be distributed as a model. Prepare a presentation of at least 9 slides using PowerPoint or software of your choice detailing your recommendation and the information you used to make your recommendation. You can either record the presentation or prepare a separate report supporting the presentation.

If you choose to record your presentation, you may use Capella-supported Kaltura Media or another technology of your choice that produces a shareable URL. Kaltura is recording software that can be used to create webcam, screen, and audio recordings. Refer to the MBA Program Resources for the Using Kaltura tutorial to prepare for this option. If you choose to use something other than Kaltura Media, ensure that it creates a shareable URL and can be embedded in the courseroom to ensure faculty can access your recording.

Note: If you require the use of assistive technology or alternative communication methods to participate in these activities, please contact DisabilityServices@Capella.edu to request accommodations.

Recommendation requirements:
  • Create a 2–3 page report to support your slides.
Related company standards:
  • The recommendation report is a professional document and should therefore follow the corresponding MBA Academic and Professional Document Guidelines, including single-spaced paragraphs.
  • In addition to the presentation or report materials, include:
    • Title (slide or page).
    • References (slide or page).
    • Appendix with supporting materials.
    • At least two APA-formatted references.

The Gross Domestic Product

The Gross Domestic Product (GDP)- is the how a nation’s wealth is determined. In a given year,  all services produce and goods sold are used to give the total market value of the economy’s performance. When it comes to income the Gross Domestic Product does not take in account that only a low percent of individuals can actually benefit from increased economic output, while majority cannot afford to purchase must goods and services.

The Gross Domestic Product is not the most accurate method to measure the overall economic market due it to not taking in account gray and black markets as well as self-production.  Gross Domestic Product does not also measure the happiness of nation’s citizens.

Describing what products are actually being produce in a nation’s economy is another shortcoming that the Gross Domestic Product does not keep track of.    Income inequality is another entity that Gross Domestic Product cannot determine.  Another shortcoming of the Gross Domestic Product is quality of the environment.  An example of bad quality of the environment is the air pollution that is produced by automobiles which will have an negative effect of on the life of the nation’s citizens.

Current or future trends impacting the HR profession

What are three current or future trends impacting the HR profession?  What opportunities and challenges might these trends present for HR and for the organization? As a human resource professional, what new skills and/or competencies would you need to further develop to adapt to these trends and to continue to be successful in your role? Cite 2 resources provided to support your ideas .

A global economy

Sending talented employees abroad can be a promising way to take advantage of a global economy. But expatriate assignments can be extremely expensive: up to three times a person’s typical annual salary, some statistics show. And despite the investment, many MNCs lack the expertise to optimize the potential benefits, leaving them disappointed with the results. The unfortunate reality is that even MNCs that offer well-crafted relocation packages (including the all-important cultural training) may not have the talent management mechanisms in place to truly leverage the valuable skills expatriate employees acquire during their assignment. Explain this statement .

Components of OHSMS

Keeping in focus a whole-school approach, critically examine the interdependencies in the components of OHSMS. Scope the nature of interdependencies in the components of an OHS system.

Design or redesign a benefits program in a company

How would you design or redesign a benefits program in a company with more than 100 employees? What benefits would you offer and why?  Be specific. What issues should you consider? Include the cost of the benefits you would include. (This means the actual dollar amount of each benefit.) How is this different than a company with less than 100 employees? Complete the Pay and Benefit Scenarios. For each identify the issue and possible solutions .