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Briefly describe the three generic strategies—cost leadership, differentiation, and focus—and discuss the pitfalls associated with each of the three generic strategies.
Explain why you think it's important for a manager to understand the basic approaches to ethical decision-making and what steps a business organization needs to take to ensure ethical conduct.
An office has traditionally ordered ink refills 80 units at a time. It is estimated that the annual carrying cost per unit is 40% of the $28 unit cost; the annual demand is 480 units, and ordering cost is $20 per order. If they follow EOQ, how many d..
Explain the financial risks to a healthcare organization that could result from a failure to plan for the healthcare legal and regulatory environment.
All decisions require change to implement them. Consider an experience you have had in your work life that has involved the implementation of a decision. Explain how the decision was implemented. Was it successful? If so what about the implementation..
Compute the forecasts for each month using exponential smoothing with the initial forecast for January of 1.80. Use .1, then .3, and finally .5. Using MAD, which is best?
Based on your knowledge, research and/or experiences, discuss the value of simulation training/development. How do we as HRM professionals objectively determine the "value" of simulation training? Then, discuss the problems of simulation training/dev..
Compare and contrast 4 common financial measures used by two healthcare firms. (Hint: In the library, consult LexisNexis Academic to find financial information for the healthcare organizations you choose.) Be sure you explain the measure and how it i..
How will project communications and interactions work between the project manager, the stakeholders and the project team
A new cardiac catheterization lab was constructed at Have a Heart Hospital. The investment for the lab was $950,000 in equipment costs and $50,000 in renovation costs. The annual fixed cost for the catheterization lab is $2,000,000 and the variable c..
When you look at the pay of unionized employees vs nonunion in similar job classifications, what are the differences in terms of amount of pay, how the pay levels are determined, how pay increases are given, and the role of the employee in determi..
A 200 room hotel has an annual fixed cost of $1,050,000 and a net income goal of 12% return on investment $5,000,000. With an average room rate of $78 and average variable cost of $34, determine the annual number of room sales and revenue required (t..
You have been in company A for 5 years and you for a promotion anytime now. Your manager calls you and asks you to go on an international assignment to Germany for 2 years if you leave, your promotion will go to the next person in line. If you refuse..
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