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Archive for the ‘Business and Management’ Category

Critical Thinking

The following are the facts you are to use for the basis for this question.

Georgia and Loren have pooled their savings to create a start-up company to develop and market an idea they conceived while students together at MIT. They obtained permission to use a college lab during late night hours a few nights a week during their last term before graduating to work on the project. Then they were able to move to Loren's parents garage, which they keep locked.
Now they need more sophisticated resources. They have created a prototype robotic device, called "Phoebe," that will aid first responders in disaster relief by sensing and locating survivors remotely in areas unsafe for humans and dogs to navigate. Phoebe's sensors will locate living beings, scan vitals and assess level of trauma.
Georgia and Loren have mapped out both private and public,  civil, and military, applications of their invention, plus continued R & D improvement into next-phase capabilities.
They

Cost management

A firm makes a single product with a marginal cost of $3.50 and a selling price of $5.50. Fixed costs are $30 000 per period.

You are required to calculate:

a. The C/S ratio

b. Sales at break-even point

c. Number of units to break even

d. Sales to achieve a profit of $10 000



Question 2

a) Smith Limited has made the following estimates for next month

Selling price $25 per unit

Variable cost $10 per unit

Fixed costs for the month $300 000

Forecast output 30 000 units

Maximum output 40 000 units

You are required to calculate the:

i) contribution margin ratio

ii) break-even point in units

iii) break even points in sales revenue

iv) margin of safety at the forecast output

v) number of units to generate a profit of $100 000

b) List and explain five (5) assumptions of break-even analysis

Performance Measurement

Case Company W:  Separating Sales forecasts from Demand Planning.
Are forecasting strategies different for independent demand versus dependent demand?
How is lumpy demand forecasting different from forecasting with set lot sizes?
How do benefits from better forecasting reach the bottom line?

Business law

Introduction
In this assignment, youll need to decide whether Paula Plaintiff has any legal claims arising from a series of unfortunate events. After reading the scenario, answer the questions that follow, making sure to fully explain the basis of your decision.

Paula Plaintiff is shopping at her favorite store, Cash Mart. She is looking for a new laptop, but she cant find one she likes. Then, realizing that she is going to be late for an appointment, she attempts to leave the store, walking very fast. However, before she can leave, she is stopped by a security guard who accuses her of shoplifting. Paula, who has taken nothing, denies any wrong doing. The officer insists and takes Paula to a small room in the back of the store. The guard tells Paula that if she attempts to leave the room she will be arrested and sent to jail. At this point, the guard leaves the room. Paula is scared and waits in the room for over an hour until the manager comes in and apologizes and tells Pau

Gap Analysis

Gap Analysis Draft

Complete the gap analysis worksheet, using the form provided in the Resources. Based on your ongoing original research and review of existing data (see the second discussion in this unit), identify performance gaps that affect or illustrate the issue you selected for your course project. You should include not only any gaps that state the problem itself, but also those that contribute to causing the problem. Gaps may be identified with numeric values or verbal descriptions depending on the nature of each gap itself. Use a separate row for each gap.

In a narrative, state the problem you are investigating in no more than one sentence. Discuss how you can use this worksheet as your needs assessment project progresses. For instance, how does this gap analysis impact your further research?

SPIN Selling

Objectives:
To gain a basic understanding of a widely utilized sales philosophy knows as SPIN selling and be encouraged to read the full book outside of a class assignment.
Summarize and communicate a complex topic in an easy to understand manner in written format.
Present a complex topic in an engaging, convincing, and easy to understand manner as a "virtual speech" to a virtual audience without reading a script and using no more than three note cards.

Background:
The learned skill of asking the right questions in sales dialogue is an accepted best practice in professional selling. However, many sales trainers do not agree on what the right questions are or on the when to ask them.  In this presentation, you play the role of a seasoned sales professional training new sales team members on SPIN selling and the three most important concepts the author of the summary provides.

Directions:
Read the provided book summary of Neil Rackhams SPIN Selling by Hu

Persuasive Presentations

Please watch 3 videos below which are an effective persuasive presentations and make comment for each. Comment in general about the videos and give your overall impression.
Try to write at least 5-6 sentences (1 paragraph) for each video.

1. https://ed.ted.com/lessons/should-we-get-rid-of-standardized-testing-arlo-kempf
2. https://www.youtube.com/watch?v=pxBQLFLei70
3. https://tedxsydney.com/talk/what-does-it-take-to-change-a-mind-lucinda-beaman/

You can use these questions in help of discussing the videos:

What were your overall impressions? What makes these presentations effective? Were there elements of the presentations that could have been improved?

Were the presentations effective at holding your attention? If so, what were the elements of the presentations that were able to hold your interest.

What types of evidence did the presenters provide? Was the evidence convincing?

Medical Technology

The use of health information technology (HIT) has increased dramatically over the past decade, resulting in the federal government enacting several pieces of legislation such as the Health Insurance Portability and Accountability Act (HIPAA) of 1996 and the Health Information Technology for Economic and Clinical Health (HITECH) Act of 2009. Continuing to build on your proposal for a healthcare facility from Weeks 1 and 2, you are assigned to research and discuss the following:

Discuss the financial and health benefits that can be realized by implementing an electronic health record (EHR).
Research and explain the estimated cost of implementing an EHR and the estimated cost of managing an EHR over the long run.
Discuss current security concerns surrounding HIT and the EHR.
Discuss how electronic health records can be used for decision-making and problem-solving.
Choose 1 piece of federal legislation (e.g., HIPAA, HITECH Act, Meaningful Use), and discuss the requireme

Library Research Assignment

Library Research Assignment

Technology in health care has made it possible for patients to use devices to access their medical information, monitor vital signs, take tests at home, and carry out a plethora of other tasks that could only previously be conducted inside the doctors office (Topol, 2013). This enhanced technology is one of the many reasons that there has been a shift from inpatient to outpatient care. Although patients have benefited greatly from health care technology, there are also downsides to technology, such as how it has affected the cost of care. For this Discussion Board assignment, you should complete the following:

Provide a definition of outpatient care.
Discuss 23 ways in which technological innovations have impacted, or will impact, the delivery of care in the United States.
Discuss 23 ways in which technology has had, or is expected to have, a detrimental impact on the delivery of care.
The use of at least 2 scholarly references is requ

Request for Proposal and Compilation of Implementation Plan

Part 1: 3 pages,
Part 2: 1 -page RFP

Draft Implementation Plan and Request for Proposal (RFP)

This week, you have 2 deliverables. You will compile your plan for selection and implementation of a new EHR system based on the work that you have done in Weeks 13. You will also create a Request for Proposal (RFP) using a standard template. Continue to utilize the scenario to assist you with your plan completion.

Part 1 Task: Implementation Plan for Replacement of the EHR System

Compile the information from the IP assignments in weeks 13 into your draft plan. Remember to incorporate the following:

Introduction paragraph: What is this plan all about, what are you discussing, and why is this necessary
Components of the plan: Here you incorporate your findings from weeks 13 into 1 document
Address the readiness assessment, benefits, and potential implementation issues
The overall project plan, including organization, migration path, plan for commu
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