Chantra Horton ACC281 Accounting Concepts for Health Care Professional The California Sutter Health Approach Mark Strictlett January 30, 2012 An increasing issue within the health care field is the inability to collect debt from the growing population of uninsured or underinsured patients. Health care organizations may be struggling to meet operational margins because the industry has never treated its customers like other retail- oriented sectors of the economy. Hospitals incur sixty billion dollars in bad debt annually because the typically collect only ten to twenty percent of a total uninsured patient balance after service. This is due to a number of reasons, including poor accounting practices, or a lack of patient information.
Additionally, the company has a strong reputation in product development. Conclusion of the supplier information Considering the products PSC needs should be high quality and the supplier's production and lead-time should be high flexible to support PSC's make-to-order strategy. Avoiding possible risks are the critical issue. Multiple sourcing might minimize the purchasing risk, assurance of the source of supply and also enhanced buyer's negotiation leverage to get a better cost. According to our analysis of these case, Sure Tech and E-Drive are in better overall position.
Company G has prided itself on cultivating relationships with it's suppliers built on honesty, confidence, and allegiance in order to facilitate profits for both parties. However, as popularity may grow for the product so too may the market and suppliers might consider increasing costs, in which case a fixed contract would be discussed. Threat from Substitutes – If the Little Wonder does prosper their may be threats from substitutes from larger companies that are able to produce a similar product on an increased scale thereby reducing it's price and making it difficult for Company G to compete. SWOT Analysis A SWOT analysis has been done for Company G and the outcome is clearly positive. The details of that evaluation: STRENGTHS Dedication from management, employees, and suppliers 1.
Business Mission Dedication to the highest quality of customer service delivered with a sense of warmth, friendliness, caring and company spirit. External Environment Similarly, it is extremely important to assess the strengths and weaknesses from external environmental, mitigate the impact, and explore the opportunities. |Environmental Factors |Opportunities |Threats | |Social / Demography |Cost leadership, offer package deals, baby |Low Threats | | |boomers | | |Economic |Offer family packages, reduce fares |Decline profit, recession, price of
1. Synopsis of the Situation: 3M’s George Buckley helps define his corporate vision from a biography of Michelangelo, Irving Stone’s “Agony and Ecstasy,” and utilizes the protagonist’s method of overcoming challenges and positive mental attitude with a specific focus on product that outlasts the lifespan of its creator. 3M is a multinational with high saturation and great recognition due to the extraordinary quality and reliability of its premium products. 2. Key Issues: Fusion of multiple modalities, from persistent productivity and resilience of Renaissance man Michelangelo to patient long term planning derived from Zen Koans, Mr. Buckly demonstrates how to harvest key concepts for managerial use and guidance.
Although there are many similarities between the development of Chicago and Chongqing, the speed and scale of Chongqing’s development is unprecedented and puts it in a class of its own. Chongqing is growing eight times as fast as Chicago had, averaging three hundred thousand new people a year. These citizens migrate to cities like Chongqing mainly for employment. In China, there is a massive pool of labor that will work for very low wages, as many Chinese individuals are used to surviving on less than two dollars a day. Combine inexpensive labor with modern factory technology, and one may understand the reason for huge investments in city expansion projects and infrastructure, and perhaps the Chinese competitive advantage.
Michael Jordan through his God given talent has sold hundreds of thousands of pairs around the world to his loyal costumers, who continue to collect. This shows that today’s teens do not attain importance of wise decisions about spending money. The problem to Air Jordans is that they cost so much money. Michael Jordan has manipulated teens to buy his shoes that make a dent in their wallets or their parent’s
The answer for so many years has obviously been hurt people. Most American families are struggling everyday while the big shots at Wal-Mart turn a blind eye and get wealthier by the minute. For every new Wal-Mart that arrives close to your area,
(69 words) 4. Between the 1820’s and 1860’s housing , nutrition , and diseases all had an large impact on the lives of slaves. Because of the horrible nutrition and houses and the disease , this was the early death of many slaves. Slaves would get diseases like sickle cells or small pox’s because of the weather in the south slaves didn’t , slaves didn’t eat very well , there bodies were not getting the correct nutrient it needed. And because of the poor sanitation that food and water were supplied in slaves had very bad housing.
The public and the press were immediately suspicious of this new entity, but other businesses seized upon the idea and copied it. Standard Oil had become invincible, always prevailing against competitors and critics. It had become the richest, biggest, most feared business in the world, seemingly immune to the boom and bust of the business cycle, consistently making profits year after year. Its vast American empire included 20,000 domestic wells, 4,000 miles of pipeline, 5,000 tank cars, and over 100,000 employees. Its share of world oil refining topped out above 90% but slowly dropped to about 80% for the rest of the