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The administrator of a small, acute-care hospital is faced with his first managed care contract. He meets with representatives from the prepaid plan to discuss the amount to be paid to the hospital. The administrator is concerned because the managed care business does not look profitable-the hospital will be reimbursed below its current reimbursement levels. In what ways might the administrator evaluate this new managed care business in terms of its economic value to his institution?
Compare the costs of moving a traditional, paper-based performance management system to an online system in economic, technical, and human terms.
Return on Invested Capital (ROIC) measures the return on the capital invested in the Business. When calculating this ratio, which of the following should be placed in the numerator of the formula? Is return on sales or return on equity a better basis..
Describe the basic elements of the project life cycle. Why is an understanding of the project life cycle relevant for understanding project management?
Suppose Company A had Gross Sales of $1 million last year. The cost-of-goods-sold was $0.4 million and the administrative expenses totaled $0.2 million. By how much could the Profit-before-tax increase if the cost-of-goods-sold had been reduced from ..
Describe explicitly the optimal inventory system for DeskPro. Draw the corresponding inventory-time diagram. Explain how the inventory system works, what is the optimal order amount
The cell phone division of a multinational corporation has granted its research and development department funds to create new technologies to ensure the organization stays ahead of its competitors in the market. This decision by the cell phone divis..
In the past few years, the traffic problems in Lynn McKell's hometown have gotten worse. Now, Broad Street is congested about half the time. The normal travel time to work for Lynn is only 15 minutes when Broad Street is used and there is no congesti..
This is a mail-order business for kitchen equipment. Annual demand for its best seller item is 25,000 units. This best seller item is sold at $350/unit, including shipping and handling. Can you explain how the Actual Order Quantity (Q) is calculated?..
In this week's reading, you have read about some aspects of business in the global environment and about the rewards and challenges that come with a more diverse environment. You have also encountered the idea of "global outsourcing" and "global s..
How might a universal health insurance program change the current trends in the health care industry? In your opinion, are programs like that offered by Aetna to have surgery conducted in another country truly viable?
A long queue of traffic has formed in the lane that remains open, because drivers slow down to view the accident. However, a few drivers bypass the queue by driving along another lane up to the point of closure and then rely on polite drivers to let ..
The Human Resources Director of ABC Software Company. Recently three software designers employed in the same department under the same supervisor have announced that they are quitting their jobs. I would like you to design an exit interview for these..
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