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Analyze the statements given below based on the topics covered in this week. Using the South University Online Library or the Internet, justify your answers with appropriate research and reasoning on the concepts covered in these questions. Morrison (2009) suggested that ethical theories serve as an ethical toolbox a person may use in making an ethical decision. In the healthcare industry, an ethical issue you might face is the use of advanced directives and how and when to honor them if a person is declared brain dead. Morrison also points to the use of the five principles of ethics as another tool to help in ethical decision making. In this regard, answer the following questions: Choose any one of the ethical theories covered this week and discuss your thoughts on how this issue should be addressed. Why did you choose the theory you did and how can it be used to guide your decision? Which of the five principles is the most widely used and accepted in the current US healthcare system and why? Which principle is the most ignored principle and why? After answering the above questions, read the following statement: Rationing of care is a possible ethical issue you may face in the healthcare industry. Even in situations in which there is no official rationing, healthcare professionals make decisions about who to give care to. Examples of criteria for rationing include, but are not limited to, age, the ability to pay, and quality of life. Using ethical theory and the ethical principles you learned this week, answer the following questions: How would you choose to ration care? What criteria would you use to ration scarce medical services? Why did you choose these criteria?
Determine the utilization and the efficiency for each of these situations:
Considering operations expenses. Which operational costs depend upon the number of doctors and the frequency of their use, and which do not.?
What are some ways Wal-Mart’s stakeholder demands may conflict?
Reflect upon ethical dilemmas you may have encountered in an organization you are or have been with or that is currently in the news. Which of Kohlberg’s stages of moral development is represented in your example? Be sure to justify your reasoning fo..
Suppose a market expected return of 10% and a riskless rate of 6%. Assume the CAPM. A stock has correlation of 0.8 with the stock market, standard deviation of 30%, and the market standard deviation is 20%. Compute the stock's expected return.
A manufacturing shop is designed to operate most efficiently at an output of 550 units per day. In the past month the plant produced 490 units. What was its capacity utilization rate last month?
What are the elements of a theory?
How would you distinguish a just from an unjust dismissal? Is this distinction easier to make for low-level jobs than for high-level or managerial jobs? Explain using job examples.
The following table shows the capacity required (in thousands of unspecified units) for the production of an Online service over the next 18 months. Based on MAD, which model is better, an exponential smoothing with smoothing constants of 0.7 or 0.8?..
You have explored many options for managing data as well as its importance to the overall health of an organization in making well-informed decisions.
You are part of a project team who is purchasing new technical equipment for your company's research and development department.
Demand for disposable razors at Chevere Drugs Store (CDS) averages seven packages per day. The razors cost CDS $0.80 per package and sell for $1.49. CDS uses a 15% annual holding cost rate, based on the unit cost, and estimated the cost to place an o..
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