What is the sunk, or stranded, cost?
In Chapter 5 of Managerial Economics, Froeb discusses post-investment holdup as a sunk cost problem associated with contract-specific fixed investments. The modern theory of contracts is sometimes called the theory of joining wills, which simply means when parties make an agreement they are joining together to complete an endeavor of mutual interest. The problem with all contracts that endure over time is that not all potential challenges can be anticipated. The idea of joining wills is that parties will attempt to seek accommodations to advance their mutual interest, so long as the return on the invested activity pays off. Froeb illustrates the idea by the example of marriage as a contract.
Also see the help provided in the discussion preparation.
Instructions
Review the three scenarios below. Look for which, if any, of these scenarios presents an example of post-investment holdup.
- Your firm conducted a search for a new chief financial officer and hired a highly qualified candidate with a yearly salary of $250,000. After six months, the person left to join another firm.
- Your firm has an exclusive contract to assemble automobile seats for a number of luxury models. Almost 100% of the materials are imported and, of those, over 50% include parts manufactured in China. All of the prices on the parts from China increased by 25% when the United States imposed tariffs on China. Your company has informed all of its customers that increased cost must be passed on for your firm to continue supplying the seats. All of your customers reluctantly agreed to pay the additional cost.
- Your company took note of your progress toward your MBA, and when the director for customer services left the company, you were asked to take over as interim director. You were encouraged to apply for the full-time position once you got your MBA. You served for 13 months, at which time your company was acquired by another company and your position was abolished.
In your discussion post, address the following:
- Introduce yourself to your peers by sharing something unique about your background. Explain how you expect this course will help you move forward in your current or future career.
- Identify which of the above scenarios, if any, are an example of post-investment holdup.
- Choose one of the scenarios above. Define the following and explain each within the context of the chosen scenario:
- What is the sunk, or stranded, cost?
- What is the contract?
- Was the contract breached?
- What are the damages?
What requirements would you require for password management?
Encryption
It is common in today’s environment for healthcare providers and patients to use email or texting to communicate with each other. Prepare a procedure on secure messaging. What are the key components of the federal regulation 45 CFR Part 170.314(e) (3) Secure messaging? Include a summary of what information between provider and patient must be encrypted. Where is the certification criterion from for encryption? How would you test for intrusion of the messaging system? What requirements would you require for password management?
The Encryption assignment
Write a 3 paragraph, 500-word autobiography that describes:your life to this point including where you were born and an interesting fact about where you were born
Written Assignments Content
- Autobiography: Write a 3 paragraph, 500-word autobiography (written in 1st person) that describes:
- your life to this point including where you were born and an interesting fact about where you were born;
- your education and experience in your major area of study;
- and the goals you set for yourself after you obtain your MBA.
How should the dental assistant respond? Can the dental assistant be held responsible?
A former patient comes into the dental office and states that she has recently been diagnosed with skin cancer. She demands her x-rays and treatment record, and claims that she was exposed to unnecessary radiation during her visits. How should the dental assistant respond? Can the dental assistant be held responsible?
which condition would these neurotransmitters be considered for the treatment plan?
Neurotransmission Discussion
Instructions: Select two of the following neurotransmitters:
- Serotonin
- Norepinephrine
- Dopamine
- Acetylcholine
- Glutamate
- Melatonin
- Histamine
- GABA
For each neurotransmitter, please discuss the following: pharmacologic action, the drug class it is most closely linked to, expected outcomes, and potential side effects. Based on this information, which condition would these neurotransmitters be considered for the treatment plan?
Submission Instructions:
- Your initial post should be at least 500 words, formatted and cited in current APA style with support from at least 2 evidence-based sources.
Find a peer-reviewed article about using steganography to protect data and write a two page report about the ideas expressed in the article.
Find a peer-reviewed article about using steganography to protect data and write a two page report about the ideas expressed in the article. Use three additional resources to support your opinions.
APA format
Why is this classified as a case study? Is it a descriptive, explanatory, or exploratory study?
Find an example of case study research work for critical analysis. The case study work may be a book, journal article, a dissertation, or technical report on a topic of interest. You will make the best use of your time if you choose a study that relates to a topic you might be interested in studying in depth in your Doctoral Study project as proposed in the SLP. In a 6-page essay, address the following questions:
Why is this classified as a case study? Is it a descriptive, explanatory, or exploratory study? Also, is this an example of business case study research methodology? (Or, is it a business scenario referred to as a “case study”?)
Identify the four key components of the research design:
What is the research question?
What propositions are suggested?
What is the unit of analysis?
How is the data linked to the propositions?
Identify the theoretical framework for the study and assess the quality of the study in terms of validity and reliability.
Your 6-page essay must follow APA formatting and demonstrate clarity, depth, and critical thinking. As you answer the questions posed in this case, include supporting rationale and cited sources.
Required Reading:
Yin, R. K. (2017). Case study research and applications: Design and methods (6th ed.). Sage Publications.
NOTE: This book is required for the course and must be purchased. It is not available in the Trident Online Library, but can be purchased or rented from Amazon. Any edition (6th or prior) is acceptable.
Flyvbjerg, B. (2006). Five misunderstandings about case-study research. Qualitative Inquiry, 12(2), 219-245. Available in the Trident Online Library Sage Research Methods database.
Stage 1: Assessing Appropriateness and Usefulness (pp. 11-18),
Stage 2: Ensuring Accuracy of Results (pp. 19-36), and
Stage 3: Preparation (pp. 37-48) in:
Gagnon, Y. (2010). The case study as research method: A practical handbook. Les Presses de l’Université du Québec. Available in the Trident Online Library EBSCO ebook Collection.
Baxter, P., & Jack, S. (2008). Qualitative case study methodology: Study design and implementation for novice researchers. The Qualitative Report, 13(4), 544-559. http://nsuworks.nova.edu/cgi/viewcontent.cgi?article=1573&context=tqr
National Commission for the Protection of Human Subjects of Biomedical and Behavioral Research. (1979). The Belmont report: Ethical principles and guidelines for the protection of human subjects of research. http://www.hhs.gov/ohrp/humansubjects/guidance/belmont.html
List 4 unique errors pertaining to the correct use of APA formatting throughout this paper:
Show your ability to analyze, correct, and revise the following rough draft, giving your input on the revision necessary to improve the quality of this essay. You will show successful completion of this deliverable by:
Providing feedback for corrections/alterations using the Comments feature in Word (Review tab).
Respond to the six questions at the end of the student rough draft linked above.
Use complete sentences in all of your responses.
Should Not Privatize Prisons
Prisons should not be privatized because punishing criminal activity should not be a profit business. It is not the place of private prisons to administer punishments. It is the State or government that decides who is a prisoner so they should remain responsible for them until rehabilitated. It is wrong to put a private company that makes a profit off a being in charge of prison operations because their goal is profit not punishment or rehabilitation. Private prisons that cut costs may risk security problems because cutting costs often means cutting corners. I think private prisons are wrong, but .
Prison should not be privatized because the path to profit is to treat human beings badly. Prisons are based on two things custody and care. No one wants to cut corners on the custody aspects of a prison. Care is the only part of a budget that has room to be cut. “One way for-profit prisons to minimize costs is by skimping on provisions, including food. “ A psychiatrist who investigated a privately run prison in Mississippi found that the inmates were severely underfed and looked “almost emaciated.” During their incarceration, prisoners lost anywhere from 10 to 60 pounds.” Citation Steven Starkey
Additionally, there is a financial incentive to do a bad job. The more effective a correctional facility is, the less need of its services. If the inmates have educational, work release programs, medical care such as anger management or mental health while locked up its less likely for them to return to a prison after being released. There will never be a point of not needing prisons; if there is better correctional policies and administration could result in a reduction of need. Privatized prisons are disastrous from the point of view of a profit organization.
Finally, the most important reason Prison should not be privatized is the right to punish belongs only to the state. The criminal justice system is the process by which legally deprive human beings of their guaranteed rights. When someone other than the state tries to deprive someone of these freedoms and rights, charge them with crimes so if it is a privatized prison doing no different than one that committed the crime.
Prisons should not be privatized because punishing criminal activity should not be a “for profit” business. It is not the place of private prisons to administer prisoner punishments because it is the State government that determine who is a prisoner and they should remain responsible for them until time has been served. Private prisons that cut costs may risk security problems because cutting costs often means cutting corners which is less
Deliverable 05: Collaboration on the Final Draft of a Persuasive Essay:
Please answer the following short questions as if you are offering feedback and input–in about 25 word answers–to your work colleague as a form of solid feedback about this paper. Your sentences should be complete and answer the prompt in light of what you are reading before you.
I, the reader, feel the topic of this paper is stated quite plainly and a clear position is taken on it because (why or why not?):
Name 2 elements of the writing process you think this author needed to consider more thoroughly in stating his/her position.
Did you find the research element to be covered sufficiently in this persuasive research essay? Why or Why Not?
Consider the sentence structures here. Do they demonstrate the writer’s critical thinking ability in this exercise? Why or Why Not?
List 4 unique errors pertaining to the correct use of APA formatting throughout this paper:
In a brief sentence or two, what would you advise this writer to do to improve the organization of this persuasive essay? Consider introduction, body paragraphs, conclusion, research support, citations, reference list, sentence revisions, and/or voice, audience, and relating to the reader.
What do you think about the CHAOS study’s definition of a successful project?
Q1. Go through the below article and answer
https://vitalitychicago.com/blog/project-managers-fail-to-help-software-projects-standish-group-chaos-2020/
What do you think about the CHAOS study’s definition of a successful project?
Do you think there are better definitions of success besides meeting scope, time, and cost goals?
Note: 250 words with intext citations and 2 references must.
Q2. You are 4 people (A, B, C, D) in a team. Now discuss possible project ideas. Determine how the project will be organized, who will be the team lead, and who will be responsible for each project deliverable. Ensure that the entire team works together and is familiar with each team member’s work before submitting the deliverables each week. The entire team will also review the full project plan before final submission in Week 7.
Submit the team’s list of potential project ideas, project timeline, and list of team member roles.
Note: This is Week 1. Submit the Project idea and the roles of team members.
Analyze the sequence of events, missed steps, or protocol deviations related to the adverse event or near miss using a root cause analysis.
Guiding Questions
Adverse Event or Near Miss Analysis
This document is designed to give you questions to consider and additional guidance to help you successfully complete the Adverse Event or Near Miss Analysis assessment. You may find it useful to use this document as a prewriting exercise, an outlining tool, or a final check to ensure you have sufficiently addressed all the grading criteria for this assessment. This document is a resource to help you complete the assessment. Do not turn in this document as your assessment submission.
For examples of adverse events or near misses, visit:
Agency for Healthcare Research and Quality. (2021). WebM&M cases & commentaries. https://psnet.ahrq.gov/webmm
Analyze the implications of the adverse event or near miss for all stakeholders.
What are the possible short-term and long-term effects on the stakeholders (patient, family, interprofessional team, facility, community, et cetera)?
What are the responsibilities and actions of the interprofessional team related to the adverse event or near miss?
What measures should have been taken? Who are the responsible parties or roles?
How did the incident impact the stakeholders? Did it change how they do their work, or how or what they report?
Analyze the sequence of events, missed steps, or protocol deviations related to the adverse event or near miss using a root cause analysis.
How did the event result from a patient’s medical management rather than from the underlying condition?
What were the missed steps or protocol deviations that led to the adverse event or near miss? What was overlooked? Why?
What kind of interprofessional communications could have prevented this event?
To what extent was the adverse event or near miss preventable?
Evaluate quality improvement actions or technologies related to the event that are required to reduce risk and increase patient safety.
What quality improvement technologies are in place to increase patient safety and reduce risks that pertain to this adverse event? What would prevent it from happening in the future?
Are those technologies being utilized appropriately? How could they be more usefully employed?
How do other institutions prevent these types of events from occurring?
What data are generated from the facility’s dashboard related to the selected incident? (By dashboard, we mean the data that are generated from the information technology platform that provides integrated operational, financial, clinical, and patient safety data for health care management. This is not something you will find online.)
What data are associated with the adverse event or near miss? What do the relevant metrics show? (Patient satisfaction and readmission rates are important metrics. Look at trending data and compare to see where relevant metrics are headed.)
What research or data related to the adverse event or near miss is available outside of your institution?
Compare internal data to external data. What do you find?
Outline a quality improvement initiative to prevent a future adverse event or near miss based on research and evidence-based practices.
How was the incident managed and monitored in the selected institution?
What quality improvement initiatives have been shown to work? Why are they successful? What is the evidence?
What elements can be applied to prevent future adverse events or near misses?
Convey purpose, in an appropriate tone and style, incorporating supporting evidence and adhering to organizational, professional, and scholarly writing standards.
Is your analysis logically structured?
Is your analysis 5–7 double-spaced pages (not including title page and reference list)?
Is your writing clear and free from errors?
Does your analysis include both a title page and reference list?
Did you use a minimum of three sources? Were they published within the last five years?
Are they cited in current APA format throughout the plan?