ADMS 1000 Chapter 1-7: ADMS1000 Finals Review

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coffeegrasshopper461

4 Dec 2017

School

York University

Department

Administrative Studies

Course

ADMS 1000

Professor

Eytan Lasry

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ADMS 1000 Full Course Notes

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Political factor go(cid:448)e(cid:396)(cid:374)(cid:373)e(cid:374)tal i(cid:374)flue(cid:374)(cid:272)es o(cid:374) a(cid:374) o(cid:396)ga(cid:374)izatio(cid:374)(cid:859)s de(cid:272)isio(cid:374)s th(cid:396)ough la(cid:449)s, ta(cid:454)es, trade relationships, and other related political factors. Economic factor the economic influences on an organization, such as the state of the economy, unemployment, inflation, interest rates, and gdp. For example, high unemployment may indicate lower overall consumer spending, and business sales could be negatively affected. If sales go down significantly, businesses may need to reduce production, cut costs and lay off workers. Technological factor the technological forces that exert influence across industries, playing a central role in how an organization functions, obtains resources and competes. Changes in technology both permit and demand organizational change. For example, advancement in technology has allowed more flexibility in the workplace with the use of telework/working online. Global factor the global influences on organizations that could be considered as part of the general economic, political, technological, competitive or societal forces but are intentional in nature.

Related Questions


(Please Summerize the work down below, thank you)

Political	Economic
Growing political influences on healthcare advances	Cost of living increases
Global government influence on healthcare cost	Cost of insurance prices
Government control of Medicaid, Medicare funding	Rise of forecasted interest rates
Social/Cultural	Technical or Technology
Increase average age of population	Demand on new medical treatments
Patient expectations increase	Customize treatments
Demographics are in constant change	More advance service facilities
Environmental	Legal
Growing need for green business	Constant change of government drug Regulations
Environmental agenda and community awareness	Consumer laws
	Health and safety regulations



Porters 5 forces of business model

Competitive Rivalry
Growth opportunity for healthcare companies are expected to growing the next few years
Increase in new revolutionary drugs both in and outside of the US

Threat if New Entrants
Strict government regulations
Difficult to keep up due to constant change
Huge startup cost

Substitute Products
Threat of other substituting product and service at lower cost



Bargaining Power of Customers
Generic drugs offered at large discount to consumer
Larger less customized healthcare facility with lower housing costs
Several facilities offering similar services.

Bargaining power of supplier
Medical suppliers have a large pricing power
Bargaining power of physicians and nurses is huge because of large hospital benefits

Swot Analysis

Strengths

Highly trained and capable employees

Market experience

Strong leadership

High level of organizational efficiency

Excellent facilities

Strong commitment to bettering the community

Weaknesses

Increased cost of healthcare could lower our clientele

Limited staff resources

Limited cash flow to hire and train new employees

Lack of resources

Opportunities

Fast growing technology opens new doors for using state of the art equipment to better serve the patients.

Nursing and residential care is one of the fastest growing industries

Aging population

Threats

Uncertainty in political and economic climate causes hesitation for receiving new patients.

Funding constraints

Highly competitive market

Product or Service Analysis

Our services will be used by patients who cannot afford experimental treatments and patients who have been abandoned by the system because hospitals can no longer provide medical assistance. At our facility, we will be able to work with the families and provide them with different payments options, such as low monthly payment plans. Our main goal is to be able to treat the patient at a very affordable cost; however, if any patient does not possess the means to pay for treatment, he or she would not be turned away; our facility will tap into government and private funding to cover treatment cost.

The beauty of this service is that there isnât a charge of any kind to take part in our program because it is completely funded by government grants. Individuals that would take part would more than likely not have the means to pay a monthly deductible. Due to the nature of the business listed as a non-profit agency, there is no way to make a profit of any kind, as it would jeopardize the business in its entirety.

Some of the market factors that create a demand for our services include the need of medical care after having maximized all resources, the number of low income families, and the number of patients facing health issues needed extended medical care.

Opportunities that may derive from this business is the opportunity to expand and open multiple facilities, while extending a helping hand to many more in need. The risk, however, is the unstable funds deriving from grants. This can pose a huge treat to the business, as grants often times come and go and cannot be counted on as a constant income.

After studying the healthcare system and current policies in place, data shows many individuals facing severe health issues usually go untreated and uncared for due to the outrageous cost of medical care. It is devastating to see how often people, especially the elderly, are sent home and forgotten for the mere reason that hospitals and doctors are not willing to care for patients without financial means. In fact, in 2009 Harvard news reported 45,000 annual deaths due to lack of health coverage in the U.S. alone, which is significantly higher than the 18,000 reported by USA Today in 2002.

Financial Analysis

Clermont will be a nonprofit organization, dedicated to help the most needed. To open the facility fully operational we must take in consideration some fixed expenses like the land acquisition, permits, interest, brokers, administration fees, professionals (facility setup), staff, reports (environmental, occupational, fire, FDA), electricity, water, phone, water & sewer , connections, taxes, insurance, management, security, advertising, accountants, food, lawn mowers, bank fees, etc.

The facility will need have a total value of approximately three million dollars, but if we break the price of the land acquisition in to a thirty (30) year mortgage we can star up the business with an investment of approximately $ 233,944.61 USD to cover the first month of operation including all the startup permits and connections. After the first month the fixed expenses will be $184,444.00 USD with the exception of the months were taxes are due; taxes are around $ 43,000.00 USD paid quarterly will increase the tax month (depending on the facility fiscal year) for $ 10,750.00 USD approximately. We will fund all the costs with private and public funding, fundraiser, events, raffles, and most important with the help of the community.

As we mentioned before, Clermont is a nonprofit organization and we will do everything in our power to give the relief to the families in need. No one will be rejected because they do not have the money or the insurance cannot help. No money will be required from patient and every single dollar received will be spent in the patients, and in improving our facility and our service every day.

We believe our financial even breaking point will be a year after we begin operations, and be profitable soon after. There are many patients in need, and with the government and public grants each person will receive the treatment they need, and we will become the hope of many.

I need a diferent point of view and someones opinion on this article.

Reforming the U.S. system of collective bargaining Collective bargaining procedures and relationships between labor and management must reflect less conflict, more cooperation as the Nation's economy struggles to meet international competition and domestic needs D. QUINN MILLS Rules as a productivity drain Rules alone cannot ensure that an organization will perform well. They may keep it from dissolving into self-defeating open warfare, but often do not permit it to achieve its potential. An organization which depends upon adherence to a myriad of rules will always be vulnerable to competition from other organizations which operate in a more consensual and cooperative fashion, even when the latter have fewer resources. And, although an organization of rules may sometimes pull it-self together to respond to an emergency, this need not necessarily occur. It follows, then, that primary dependence on establishing and enforcing rules is a very poor way to run an economic enterprise. The existence of a multitude of rules, many of which attempt to "stretch the work" to maintain jobs in ways reminiscent of depression-era tactics, constrains productivity and raises costs. For example, maintenance classifications may prohibit an employee from doing incidental work outside the strict limits of his or her trade; multiple job classifications may exist even where a person in a single combined classification could do the work effectively, without undue effort and stress; and, job classifications may be perpetuated although technological change has rendered the incumbents' work trivial. Other restrictions may limit the amount of work a person may be assigned, such as permitting a mechanic to open only two flanges. The location of materials and inventory may be restricted by contract or past practice to retain jobs in now-inefficient areas of the plant. In some cases, rules may prohibit employees being assigned work during breaks, and simultaneously prohibit supervisors from doing the employees' work, so that emergencies occurring at coffee breaks or lunchtime cannot be legally handled under the agreement. Over time, rules tend to become increasingly costly and constraining as technology, materials, products, and other aspects of production change. Even rules which made great sense at first become out-of-date under changing conditions. But the rules are difficult to change, and particular employees may be further benefited the more outdated the rules become. Sometimes a company can pay a high price and "buy the rules out," or a union can persuade some workers to give up favored positions for the good of the membership as a group. But often, change cannot be accomplished without a bitter struggle between management and labor. Furthermore, the rule making process promotes a set of attitudes which are inimical to successful enterprise. The existence of the rulebook encourages both management and labor to assert their rights under the contract, rather than to attempt to work out problems. It gives rise to "shop-floor lawyers," rather than problem solvers. It fosters conflict and controversy. It undermines trust. To a large degree, it seems that unions have become captives of their origins. Born in adversity and conflict, they continued to act as opponents of management even when their strength had become much greater. In some instances, unions have created thickets of rules in which to immobilize management, just as spiders build webs to ensnare prey. But when the thickets of rules have crippled productivity, the unions have discovered themselves to be caught alongside management in the trap. Plants have declined in competitiveness, and jobs have been lost. The unions have discovered too late that a snare is no less a snare because they have set it themselves. A prescription for change In a recent survey conducted by the Harris organization, a majority of the general public professed the belief that unions contribute less than they once did to the growth and efficiency of business. Not surprisingly, only 15 percent of union leaders agreed with this judgment.' The need for unions to assist companies in the light of increased foreign competition is apparent to the public. To the inhabitants of the Snow Belt, it is similarly evident that unions should cooperate with local business to stem the outflow of industry and jobs to the South and West. Public perceptions of a productivity problem are supported by Bureau of Labor Statistics estimates, which show particularly sluggish growth in output per labor hour after 1973.3 Collective bargaining practiced primarily as rule making has become self-defeating for both unions and management. It interferes with management's efficient operation of the enterprise, and ensnares employees with legitimate grievances in a web of red tape. It also contributes to the vehemence of employer attempts to resist union organization drives. Study after study of U.S. managers has shown that managers fear the imposition of restrictive work practices far more than the higher wages and benefits which unionization may bring. Companies' efforts to make competitive operations out of older plants often fail because changes in current work rules take the form of additional complex rules which do not provide the flexibility needed to turn a facility around. What management really needs is fewer rules altogether, and willing cooperation from the work force. The union, for its side, needs a management sensitive to the needs of people. Both are very difficult to obtain in the U.S. labor relations environment.

taupefrog166

***Please read this article NYT article on the U.R.L. below

https://www.nytimes.com/2017/10/15/technology/amazon-lobbying.html

NY times article written by Cecilia Kang titled " Amazon lobbyists Ramp Up Their Charm offensive in D.C."

*** I need you to help me make my paper longer, by talking how this article relates to Microeconmics I wrote most of it here is my paper below , here take a look below in the quotes

âThe article mentions the dangers of Amazon eliminating competition and the issues of antitrust, public disclosure and privacy. The recent $13.4 billion purchase of Whole Foods has highlighted this issue of antitrust.This is the microeconomics issue, i.e. Antitrust, that the article is trying to address. Another way this article is tied to micro economics is that the marginal product increased a little bit initially , but as labor increased quantity of the the marginal product was decreaing, because of the the law of diminishing marginal returns. Also as more employees are hired to Amazon the total product is increasing initially, due to increasing return to scale. But due to more and more employees being hired to Amazon there will be too much labor and not enough product or output.

The main crux of the aricle is Amazon is becoming super power. It has become one of the companies which is driving the US economy by creating more jobs and job campaigns. Inspite of the criticisms that companies like Google or Facebook are facing for lobbying, Amazon has greatest number of lobbying expert staff, which is highest in the industry. Amazon is also helping smaller businesses gain value with their association with Amazon.

Amazon is using more aggressive approach, by building relationships with the leading politicians in order to improve the reputation of the organization. Earlier, Amazon had a no-frills operation where in, it always tried to poke government officials in Washington for issues like sales taxes and copyrights. Now, it is more into lobbying the most important people in the country to gain prominance and popularity. Last year Amazon spent $11.3 million last year (for four quarter). But this year, it is trying to surpass the last year lobbying figure. It spent almost $6.2 million for just quarters.

Amazon's strategic shift from a very reserved no-frills company to an aggressive company has happened when politicians got bolder in their criticism about the size and the influence it has on the big tech companies. And many politicians have a contention that Amazon is trying to catch hold of the power in the economy which might have a deep affect on the economy and the consumers in the long run.

Amazon has also decided in recent years to spend more money in the broader influence ecosystem of Washington. In 2016, Amazon gave more than $10,000 each to 66 think tanks, lobbying groups and political organizations. More than a dozen organizations were new to its sponsorship roster, like the Congressional Hispanic Caucus Foundation and the conservative Law & Economic Center at George Mason University.

Amazon is doing a wonderful job, it is actually helping small suppliers with a living, giving best of the prices to its consumers, and controlling the economy too. Amazon is no more a small company to be ignored. It is a giant organization, which can surpass any hurdles that come its way.â

***** Additional issues to talk about to make my paper longer in quotes

Â· Articles talks about the growing influence of Amazon in retail sector which is threatening to very competition in industry.

Â· Amazon is attempting hard to influence laws and legislation in its favor.

Â· Achieving this end, Amazon is projecting its image as most social ones by highlighting its upsides.

Â· Amazon is building its relationship with politicians which is being criticized by the many non-governmental organization.

Â· Article is related to micro economics as it deals with impact of Amazon actions on the competition. It will reduce competition in retail market thereby reducing overall surplus in economy.

Â· Thus, activities of Amazon must be watched extensively and intensively, so that healthy competition can be maintained in retail sector.""""

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ADMS 1000 Chapter 1-7: ADMS1000 Finals Review

ADMS 1000 Full Course Notes

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