Describe and provide examples of price and quality controls

Assignment Help Operation Management
Reference no: EM131228473

Price controls are disliked by some economists because they believe that a free, uncontrolled market will result in a more satisfactory distribution of goods and service. In this discussion we are going to look at some of the advantages and disadvantages of attempting to control the price or quality of healthcare.

Describe and provide examples of price and quality controls.

Reference no: EM131228473

Questions Cloud

Discuss ways to lead decision-making group or project team : Identify and discuss ways to lead a decision-making group or project team. Evaluate the pros and cons of each, and elaborate on how you would manage creative ideas and crisis situations within the groups.
Think are two worst mistakes to make when managing talent : When considering succession planning, we are reminded that an HR manager’s work in finding employees is really never done; after finding a great person who is the perfect fit for a position, the HR manager must consider how to retain that individual ..
Essay as the birth of public administration : Many scholars regard Woodrow Wilson's essay as the birth of Public Administration as a discipline. The Politics/Administration dichotomy remains today as one of the underlying theoretical challenges to the field of study.
How would you design survey for setting pay for welders : How would you design a survey for setting pay for welders? How would you design a survey for setting pay for financial managers? Do the issues differ? Will the techniques used and the data collected differ? Why or why not?
Describe and provide examples of price and quality controls : Price controls are disliked by some economists because they believe that a free, uncontrolled market will result in a more satisfactory distribution of goods and service. In this discussion we are going to look at some of the advantages and disadvant..
Use unstructured employment interviews : Discuss some of the reasons why managers continue to use unstructured employment interviews despite the abundant evidence that they are not useful for predicting future job performance.
Important for us to understand other peoples biases : Bazerman and Moore suggest that we should understand the biases of others. Discuss this concept in terms of why it is important for us to understand other peoples' biases. In your discussion, focus on how you might be able to improve your decision-ma..
Consider the last time you had to negotiate something : Consider the last time you had to negotiate something. How do you perceive yourself as a negotiator? What cognitive mistakes have you made in the past and how could you have avoided these mistakes?
Negotiate change in the labor agreement : Recently, General Motors and the United Auto Workers had to sit down and negotiate a change in the labor agreement in order to keep the company from going bankrupt. Consider what might have gone on during these negotiations and discuss how framing mi..

Reviews

Write a Review

Operation Management Questions & Answers

  Describe five ways to improve reward effectiveness

Describe five ways to improve reward effectiveness. Discuss the advantages and disadvantages of the four reward objectives.

  Satisfy these requirements for continuity of business

Business disruption has become a serious concern of the company president who wants to see a detailed plan before the work begins. She explains that current work must be completed in the old hangar and all new work is to being in the new hangar.

  Of the parties mentioned is anyone liable

Three weeks before Chase paid any of the forged checks, the attorney's gave Chase a copy of the death certificate and a court order to examine his deposit box. Of the parties mentioned, is anyone liable?

  How much of an impact does maturity level of the industry

How much of an impact does "maturity" level of the industry or company have on strategy?

  Product is proportional to the quantity produced

The cost to manufacture a product is proportional to the quantity produced, with a cost of $90000 dollars per day when 300 items are produced. The cost to store n items is proportional to the square of n, with a daily storage cost of $720 dollars whe..

  Draw a diagram of hard count process

Draw a diagram of hard count process. Elucidate how long should the process take to complete for 300 silver dollar slot machine.

  Advantages and disadvantages-global distribution capability

What are the advantages and disadvantages of having a global distribution capability? Do you think that the advantages are more than the disadvantages? Please discuss

  Describe burger prince one of the largest hamburger chains

Burger Prince then ran advertisements saying which its pure beef burgers were better than Captain Hooks which used fillers. Which of the subsequent is true.

  What is the length of an order cycle

A product used in a laboratory of the hospital costs $ 60 to order, and its carrying cost per item per week is one cent. Demand for the item is six hundred units weekly. The lead time is three weeks and the purchase price is $ 0.60. What is the econo..

  An estimators job is not only to find the cost of

within a construction company there are estimators who review construction drawings and specifications manuals. upon

  Assess how organizational functions like marketing finance

write a 1050- to 1400-word paper in which you select an organization with which you are familiar and present the

  Determine the optimal inventory policy

It costs $10,000 to place an order and $400 to review the inventory level. Annual tire sales are N(20,000,4,000,000). it costs $10 per year to hold a tire in inventory, and each order arrives two weeks after being placed. Assume that all shortages ar..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd