Research Paper

ASSIGNMENT 8

A new primary care physician moved into the area and approached your hospital to partner with her as she begins a new practice in the community. Because the administration is always anxious to welcome new practitioners to the hospital, you agree to meet with the physician. During the meeting, the physician explains that she wants to establish the first concierge medical practice in the community. The physician plans to attract around 100 families to her practice, and she plans to charge from $300 to $1,000 per month, depending on the size of the family unit. (Note: A goal of 100 families may not be realistic; however, the number makes for easier calculations). The patients who join the concierge practice will receive access to the physician’s services 24 hours a day, 7 days a week, at an office located near the hospital. Families will receive preventive care services, and the physician will design wellness programs to encourage healthy lifestyles for her patients. The physician will use the hospital for all emergent care, day surgeries, rehabilitation, and in-patient care. The physician also plans to use nutritionists and the hospital’s fitness center facilities. In this case study.

  • Discuss some of the goods or services that could be highlighted in a marketing campaign that involves a concierge practice of medicine.
  • What advantages do you think a concierge practice of medicine might contribute to the hospital’s offerings of products to the community?
  • Discuss some of the issues and challenges that may arise from the hospital sponsoring a concierge practice of medicine.

Resources:

Goldman, D. P., Vaiana, M., & Romley, J. A. (2010). The emerging importance of patient amenities in hospital care. The New England Journal of Medicine, 363(23). Doi: 10.1056/NEJMp1009501. (ProQuest ID: 816191638).

Majette, G. R. (2009). From concierge medicine to patient-centered medical homes: International lessons & the search for a better way to deliver primary health care in the U.S. American Journal of Law and Medicine 35(4), 585–619.

Paton, N. E. (2010). A new marketing playbook. Marketing Health Services, 30(2), 8–9.

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Research Paper

What Is An Accounts Receivable Aging Report?

A records receivable maturing report is a record that shows the neglected receipt offsets alongside the length for which they’ve been exceptional. This report assists organizations with recognizing solicitations that are open and permits them to keep on top of slow paying clients.

What Is the Aging of Accounts Receivable Method?

In bookkeeping, maturing of records receivable alludes to the strategy for arranging the receivables by the due date to appraise the terrible obligations cost to the business.

Accounts receivables emerge when the business gives labor and products on a sound representative for the clients. For instance, you might permit clients to pay products 30 days after they are conveyed. They address a resource for the business.

To distinguish the typical period of receivables and recognize likely misfortunes from clients, organizations consistently set up the records receivable maturing report. This permits them to gather these bills straightaway to move the cash into the financial balance.

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The records receivable maturing report will list every client’s exceptional equilibrium. It is then arranged into sections, for example, Current, 1-30 days past due, 31-60 days past due, 61-90 days past due, 91-120 days past due, and 120+ days past due.

What Is the Aging Schedule?

The maturing plan is a table that shows the connection between the neglected solicitations and bills of a business with their individual due dates. It’s called maturing plan on the grounds that the records receivables are separated into age classifications. It shows the absolute records receivable equilibrium that have been extraordinary for determined timeframes.

The maturing plan records debt claims that are under 30 days old, under 45 days old or more/under 90 days old. This is utilized for figuring out which of its clients are paying on time and may likewise be used for income assessment.

In this report, you’ll track down a rundown of each and every contact with the aggregate sum due at the base, coordinated by how much days the sum has been expected. Most bookkeeping programming bundles assist you with setting up this maturing plan naturally and furthermore permit you to send out the rundown to Excel or PDF.

How Are Aging Schedules Used?

Changing CREDIT POLICIES

The maturing plan is utilized to distinguish clients that are late in paying their solicitations. Assuming the majority of the past due sum is inferable from a solitary client, the business can do whatever it may take to guarantee that the client’s record is gathered speedily.

Assuming there are a few clients with past due sums that reach out past 60 days, it might flag the need to fix the credit strategy towards the current and new clients.

Distinguishing CASH FLOW PROBLEMS

The maturing plan likewise recognizes any new changes and spot issues in records of sales. This can give the essential solutions to safeguard your business from income issues.

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Computing THE ALLOWANCE FOR DOUBTFUL DEBTS

The records receivable maturing technique is utilized to assess how much uncollectable obligations which incorporates the inexact measure of the receivables that may not be gathered.

This is utilized as a consummation equilibrium of stipend for dubious records.

While the rate is different for each gathering and depends on previous experience and current monetary circumstances, the overall principle of thumb is that the more extended a record receivable remaining parts extraordinary, the less are the possibilities of its assortment.

Toward the finish of each bookkeeping period, the changing section ought to be made in the overall diary to record terrible obligations cost. Figure the aggregate sum of assessed uncollectible and afterward make the changing passage by charging the awful obligations business ledger and crediting stipend for suspicious records.

Why Is Accounts Receivable Aging Report Important?

Here are a few advantages that the records receivable maturing reports give:

· Contact clients at ordinary stretches so they realize you’re on top of your charging and assortment process

· Assess installment terms with providers and roll out essential improvements

· Disavow clients who consistently battle to pay their solicitations on time, which thusly can prompt income issues for the business

· Quit giving labor and products before late installment turns into an issue and you need to discount terrible obligations

· Assuming that you choose to factor your remarkable solicitations as a supporting instrument, one of the archives your calculating organization will require is a records receivable maturing report. It is utilized to assist with deciding the considering rate.

Without a records receivable maturing report, it very well may be challenging to keep a sound income and distinguish possibly terrible credit dangers to your business. While producing the records receivable maturing report, try to incorporate the client data, status of assortment, aggregate sum extraordinary and the monetary history of every client.

The assignment is simpler when you use bookkeeping programming that permits you to modify client settings like sending programmed installment updates for explicit clients, indicating the spans to send the updates, and the capacity to incorporate a customized message.

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Research Paper

Ch 1,2,3 Assignments

Chapter 1

Please answer these questions to the best of your ability using the information that you gathered from reading the chapter and the accompanying information. Please do not copy and paste.

  1. Please read the file titled “Amazon Management Job Description.” Review the Four Functions of Management outlined in Chapter 1. For each of the four functions of management, identify two management duties from the job description that would be examples of the types of duties that a manager would perform within the given function. Explain your answers.
  • Based on the same job description, what managerial roles from Chapter 1 are highlighted in the job description? Please be specific.
  • Also, would the ideal candidate for this position need a higher level of human skills, technical skills, or conceptual skills? Explain your answer.

Chapter 2

Please answer these questions to the best of your ability using the information that you gathered from reading the chapter, along with information from your own work experience. Please do not copy and paste.

  1. Please watch the video on Taylorism. Why do you think Frederick Taylor’s ideas were important at that particular point in history? Explain. https://www.youtube.com/watch?v=BJwLKHB3hRM
  • Why can an event such as the Hawthorne studies be a major turning point in the history of management, even if the results of the studies are later shown to be in error? Do you believe that current managers still utilize concepts learned in these experiments? Explain your answers.
  • Frank and Lillian Gilbreth are famous within scientific management for their motion studies, where they broke down individual movements in order to increase efficiency. Do you believe these types of studies are still relevant today? If so, what types of organizations might use these types of motion studies? Please explain.

Chapter 3

Please answer these questions to the best of your ability using the information that you gathered from reading the chapter, along with information from your own work experience. Please do not copy and paste.

  1. Please watch the following videos on Walmart and Amazon (also listed in the content section).

Walmart: https://www.youtube.com/watch?v=c_dxWKQxjIs Walmart Values list: https://careers.walmart.com/values

Amazon: https://www.youtube.com/watch?v=D0VeVzcal9w jobs/en/principles“>Amazon Values list: https://www.amazon.jobs/en/principles

What are some of the similarities and differences you see between these two companies solely based on their listed core values?

  • Please explain the general differences in company culture at Walmart and Amazon based on the information that you discovered when answering question 1. Why do you think these differences exist?
  • Do you think that it’s better to have a shorter set of company values that may be easier to relay to employees or a longer set of values that is more comprehensive? Please explain.
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Research Paper

The Problem-Solving and Delegation Process


It is important for you to understand your responsibilities within the delegation process and be able to
analyze the problem-solving process to be an effective health care leader.
Resources: Your textbook and weekly readings
Complete the worksheet.
Part A: The Delegation Process
Complete the table below according to the following guidelines:
 List and identify each step within the delegation process. You must define each step using your
own words.
 Summarize a health care management scenario that illustrates the responsibilities of the health
leader within each step in 125 to 150 words. In the scenario, you may wish to consider the
following:
o Responsibilities of the health care leader
o Actions taken to complete the identified steps and effectiveness of the decisions made by the
health care leader
Delegation
Process Steps Identify the Step Scenario

The Problem Solving and Delegation Process
HCS/475 v10
Page 2 of 2
Copyright© 2019 by University of Phoenix. All rights reserved.

Part B: Problem-Solving Process
Complete the table below according to the following guidelines:
 List and identify each step within the problem-solving process. You must define each step using
your own words.
 Summarize a health care management scenario that analyzes each step in 125 to 150 words. In
the scenario, you may wish to consider the following:
o Responsibilities of the health care leader
o Actions taken to complete the identified steps and effectiveness of the decisions made by
the health care leader
Problem-Solving
Steps
Identify the Step Scenario

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Research Paper

Current Event Discussion

For this assignment, you will mainly use IBISWorld to complete a Market Structure Analysis. This assignment was adapted from Core Microeconomics, Chiang, 3rd edition.

Accessing IBISWorld:
A. In the Online Library box, click “Additional Library Resources” on the Portal Home Page which takes you to the “Additional Library resources” screen.
B. Scroll down and click on “IBISWorld” which will take you to the IBISWorld Home Page.
C. Your journey into a selected industry begins by clicking on the first listing in the gray-shaded box, US Industry Reports (NAICS).

  1. Choose TWO specific products. These products MUST be sold in different industries. For example, you could choose domestic airline travel and dish detergent.

Product #1:
Product #2:

  1. Consider the Market Factors for each product. Please conduct some research on IBISWorld [and outside research] to address TWO to FOUR market factors listed in the Market Factors section below:

a. Market Factor 1 – Number of firms:
• Is the industry composed of many firms, each with limited or no ability to set the market price, such as local pizza places, or is it dominated by a large firm such as Wal-Mart that can influence price regardless of the number of other firms?

b. Market Factor 2 – Nature of the product:
• Are we talking about a homogeneous product such as salt, for which no consumer will pay a premium or are we considering leather handbags, which consumers may think vary greatly, in that some firms (Coach, Gucci) produce better goods than others?

c. Market Factor 3 – Barriers to entry:
• Does the industry require low start-up and maintenance costs such as found at a roadside fruit and vegetable stand, or is it a computer-chip business that may require $1 billion to build a new chip plant?

d. Market Factor 4 – Price control (market power):
• For example, pharmaceutical companies can set prices for new medicines, at least for a period of time, because of patent protection. Farmers and copper producers have virtually no control and get their prices from world markets. Possible market structures range from perfect competition, characterized by many firms, to monopoly, where an industry is made up of only one firm.

Factor #1 explanation:
Factor #2 explanation:

  1. Conduct some additional research and reflect upon the information that you have learned in this course, then make a determination regarding the type of market in which the product is sold. In other words, indicate whether it operates in a perfectly competitive, monopoly, oligopoly, or monopolistically competitive market. Justify your response.

Type of Market:

Justification:

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