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HCS 449 Week 2 Health Care Industry Paper
Resource: Health Care Industry
Write a 750 to 1,050 word paper discussing the health care industry. Address the following questions:
How has health care changed in the last 10 years?
What do you think will be the biggest change in health care in the next 10 years?
What role do you plan to have in the industry?
How will you adapt your skills to evolve along with the industry’s needs?
Has your perception of health care changed over the course of your program? What has had the most significant impact?
What role will technology play in health care organizations in the coming decade?
What financial and economic issues will affect the health care industry in the next 10 years?
Include at least three references.
Format your paper consistent with APA guidelines.
GSCM 588 Managing Quality Week 7 Course Project Final Paper and week 2 ouline Answer
GSCM 588 Course Project
1. Select a specific organization of interest to you and identify a quality management related problem(s) in the firm. Examples may be poor quality levels, high cost of quality, poor product/service design, high level of internal/external failures, etc. Feel free to add to this list if you need to.
2. You are taking on the role as a quality management consultant and the executives of your chosen organization have asked you to submit a recommended direction to implement a quality management initiative to address the quality management related problem(s) you identified above. For example: Six Sigma, Lean Principles, TQM, SPC, Balanced Scorecard, etc.
3. You also need to identify which of the course TCOs and specific topics in the syllabus are related to the problem you identify.
1. All papers must have a minimum of 8 scholarly sources (other than text book) cited within the text of the paper and identified in the references section.
2. Additional research sources can be attached in an appendix.
3. All sources must be in two places. They need to be identified in the reference section must also have a corresponding citation in the body of the paper and vice-versa.
4. Review the following document for instructions on how to access and use EBSCOhost for your research: EBSCOhost.
1. All papers should be single sided, double-spaced and in12-point type font Times Roman.
2. Length of the paper to be between10 – 12 pages, excluding cover page, reference pages and appendices.
3. The first page should include the title of the work, student name, address, telephone and e-mail address, course number, date, and instructor’s name.
4. Follow APA style for general format and citations.
5. Paper sections must adhere to the guidelines below and each section must be labeled in the text.
6. Language should be clear, concise, and precise.
7. Tone should be professional, consistent, and not filled with jargon.
8. Grammar and syntax (sentence structure) must be correct.
9. Report must be free of misspellings and typos.
Tables and Figures
1. All figures and tables must be referred to in your text before they appear on the page.
a. Figures and tables should appear on the same page or the next page as the text that refers to them.
2. All figures and tables need captions. Captions go below figures and above tables.
ECO 561 Week 2 Reflection Assignment 5-page paper Answer
Week 2 Reflection
Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.
Prepare a 1- to 3-page paper detailing the findings of your discussion
Identifying Optimal Production Levels
Explicit and Implicit Costs
Industry Specific Analysis
Explain how to balance fixed and variable costs
Apply economic cost concepts in making business decisions
ACC 560 Week 2 Case 1 Greetings Inc Job Order Costing Greetings Inc Complete Answer
Greetings Inc. has operated for many years as a nationally recognized retailer of greeting cards and small gift items. It has 1,500 stores throughout the United States located in high-traffic malls.
As the stock price of many other companies soared, Greetings’ stock price remained flat. As a result of a heated 2007 shareholders’ meeting, the president of Greetings, Robert Burns, came under pressure from shareholders to grow Greetings’ stock value. As a consequence of this pressure, in 2008 Mr. Burns called for a formal analysis of the company’s options with regard to business opportunities.
Location was the first issue considered in the analysis. Greetings stores are located in high-traffic malls where rental costs are high. The additional rental cost was justified, however, by the revenue that resulted from these highly visible locations. In recent years, though, the intense competition from other stores in the mall selling similar merchandise has become a disadvantage of the mall locations.
Mr. Burns felt that to increase revenue in the mall locations, Greetings would need to attract new customers and sell more goods to repeat customers. In order to do this, the company would need to add a new product line. However, to keep costs down, the product line should be one that would not require much additional store space. In order to improve earnings, rather than just increase revenues, Greetings would have to carefully manage the costs of this new product line.
After careful consideration of many possible products, the company’s management found a product that seemed to be a very good strategic fit for its existing products: high-quality unframed and framed prints. The critical element of this plan was that customers would pick out prints by viewing them on wide-screen computer monitors in each store. Orders would be processed and shipped from a central location. Thus, store size would not have to increase at all. To offer these products, Greetings established a new e-business unit called Wall Décor. Wall Décor is a “profit center”; that is, the manager of the new business unit is responsible for decisions affecting both revenues and costs.
Wall Décor was designed to distribute unframed and framed print items to each Greetings store on a just-in-time (JIT) basis. The system works as follows: The Wall Décor website allows customers to choose from several hundred prints. The print can be purchased in various forms: unframed, framed with a metal frame and no matting, or framed with a wood frame and matting. When a customer purchases an unframed print, it is packaged and shipped the same day from Wall Décor. When a customer purchases a framed print, the print is framed at Wall Décor and shipped within 48 hours.
Each Greetings store has a computer linked to Wall Décor’s Web server so Greetings customers can browse the many options to make a selection. Once a selection is made, the customer can complete the order immediately. Store employees are trained to help customers use the website and complete the purchase. The advantage to this approach is that each Greetings store, through the Wall Décor website, can offer a wide variety of prints, yet the individual Greetings stores do not have to hold any inventory of prints or framing materials. About the only cost to the individual store is the computer and high-speed line connection to Wall Décor. The advantage to the customer is the wide variety of unframed and framed print items that can be conveniently purchased and delivered to the home or business, or to a third party as a gift.
Wall Décor uses a traditional job-order costing system. Operation of Wall Décor would be substantially less complicated, and overhead costs would be substantially less, if it sold only unframed prints. Unframed prints require no additional processing, and they can be easily shipped in simple protective tubes. Framing and matting requires the company to have multiple matting colors and frame styles, which requires considerable warehouse space. It also requires skilled employees to assemble the products and more expensive packaging procedures.
Manufacturing overhead is allocated to each unframed or framed print, based on the cost of the print. This overhead allocation approach is based on the assumption that more expensive prints will usually be framed and therefore more overhead costs should be assigned to these items. The predetermined overhead rate is the total expected manufacturing overhead divided by the total expected cost of prints. This method of allocation appeared reasonable to the accounting team and distribution floor manager. Direct labor costs for unframed prints consist of picking the prints off the shelf and packaging them for shipment. For framed prints, direct labor costs consist of picking the prints, framing, matting, and packaging.
The information in Illustration CA 1-1 on the next page for unframed and framed prints was collected by the accounting and production teams. The manufacturing overhead budget is presented in Illustration CA 1-2.
Illustration CA 1-1 Information about prints and framed items for Wall Décor
Illustration CA 1-2 Manufacturing overhead budget for Wall Décor
Instructions Use the information in the case and your reading from Chapters 1 and 2 of the text to answer each of the following questions.
1 Define and explain the meaning of a predetermined manufacturing overhead rate that is applied in a job-order costing system.
2 What are the advantages and disadvantages of using the cost of each print as a manufacturing overhead cost driver?
3 Using the information on the next page, compute and interpret the predetermined manufacturing overhead rate for Wall Décor.
4 Compute the product cost for the following three items.
(a) Lance Armstrong unframed print (base cost of print $12).
(b) John Elway print in steel frame, no mat (base cost of print $16).
(c) Lambeau Field print in wood frame with mat (base cost of print $20).
5 (a) How much of the total overhead cost is expected to be allocated to unframed prints?
(b) How much of the total overhead cost is expected to be allocated to steel framed prints?
(c) How much of the total overhead cost is expected to be allocated to wood framed prints?
(d) What percentage of the total overhead cost is expected to be allocated to unframed prints?
6 Do you think the amount of overhead allocated to the three product categories is reasonable? Relate your response to this question to your findings in previous questions.
7 Anticipate business problems that may result from allocating manufacturing overhead based on the cost of the prints.
FIN 370 Finance_Week 2 Lab_Your firm is considering a new investment proposal_Answer
Your firm is considering a new investment proposal and would like to calculate its weighted average cost of capital. To help this, compute the cost of capital for the firm for the following:
a. A bond that has a $1,000 par value (face value) and a contract or a coupon interest rate of 12.5%.
The bond is currently selling for a price of $1,129 and will mature in 10 years. The firm’s tax rate is 34%.
b. If the firm’s bonds are not frequently traded how would you go about determining a cost of debt for this company?
c. A new common stock issue that paid $1.79dividend last year. The par value of the stock is $15 and the firm’s dividends per share have grown at a rate of 7.5% per year. The growth rate is expected to continue in the foreseeable future. The price of the stock now is $28.43.
d. A preferred stock paying a 10.4% dividend on $128 par value. The preferred shares are currently selling for $148.16.
e. A bond selling to yield 12.9% for the purchaser of the bond. The borrowing firm faces a tax rate of 34%.