Professor instructions and requirements:
(My challenges with my virtual company group: I found it hard to attend the zoom session because of my schedule, work etc. Benefits: was having one leader that signed the tasks to each person and the leader putting the presentation togther.
The Theory of the Firm attempts to explain how and why corporations exist. In its simplest form, corporations exist to maximize profits. As the economy grows increasingly complex, so have corporations.
How should the Theory of the Firm and Agency Costs impact our decision-making? Discuss agency problems with the help of some real-life examples (e.g. Enron or Xerox Corporation).
Below are two links under browse section below. It is a long article, 76 pages. The key to this reading is the first 12 pages, Pages 32 (starting at 2.6) to page 40, Page 45 (starting at 4.2) to 51, Page 60, and the last 2 pages (71 and 72). Read and reflect upon them. You may wish to do some research of your own. Make sure you support your statements.
Budgeting and Budgets are part of every organization’s organizing and planning functions. Budgets are thought of as necessary for the execution of the Strategic Plan.
Are budgets a help or a hindrance to the execution of a Strategic Plan? Identify the limitations in traditional budgeting and discuss the suggested improvements.
Below are links to the articles under the browse section below. Read and reflect upon budgets. You may wish to do some research of your own. Make sure you support your statements.
This week we are gong to look at public health efforts on a national and global basis.
Please read the articles concerning effectiveness of national vaccination plans and recent parental refusals. Please also take a look at the global health websites in our learning resources folders and at the 10 essential public health services provided by our own Federal government. Please review the global websites and also review the issues concerning the national vaccination plan and parental refusals. Come to our discussion board and discuss a health issue of your choice, the policy or policies designed to deal with those issues and the effectiveness or lack of effectiveness of the policy.
National Vaccination Plan: https://www.hhs.gov/vaccines/national-vaccine-plan/index.html
American Academy of Pediatrics Parental Refusal: https://www.aap.org/en/patient-care/immunizations/implementing-immunization-administration-in-your-practice/refusal-to-vaccinate/
Scenario
You are the manager of an infusion center. The center is only open from 9 am – 5 pm and cannot stay open any longer than that due to the lease that you signed.
In the infusion center you have 3 infusion chairs. Only one patient can be in each chair at a time. You don’t have any funds in your budget to buy an additional chair.
Each patient’s treatment requires them to be in a chair for 2 hours. However, only the first 30 minutes of the treatment requires 1-on-1 attention from a nurse.
You have one full-time nurse who works 40 hours per week, which includes a 1-hour paid lunch. When this nurse works alone, she can see 7 patients per day (see schedule here Download see schedule here).
You have the option to hire a part-time nurse for either 4 or 6 hours per day, if you can show that this will increase the number of patients seen each day.
(Look at the sample schedule below under the browse section)
Assignment
For this assignment, you may use Microsoft Word to submit your work.
Your goal is to maximize the number of patients seen in a day.
1. Determine whether you should hire the part-time nurse for 4 hours or 6 hours per day. Indicate the hours that the part-time nurse will work each day.
2. Provide a schedule that shows the MAXIMUM number of patients that can be seen each day with the full-time and part-time nurse working together.