Game Theory and the Medical Arms Race

Box 14-1 on page 288 of FGS describes how game theory helps explain the “medical arms race” among hospitals up to about 20 years ago (**PLEASE READ THE PICTURE OF THIS BOX THAT IS PROVIDED IN AN UPLOADED FILE WITHIN THIS QUESTION TO HELP ANSWER THE QUESTIONS!!) 

(1) Explain what a “dominant strategy” is in game theory.

(2) Using Box 14-1, replace both the entry in the first row, second column, and the entry in the second row, first column with (125, -50). As a result, Does A have a dominant strategy? Does B? What is the solution to this game?

(3) Why is the medical arms race less a problem today than it once was?

(Tip: In order to determine what strategy a “player” should adopt, the player asks, “If B adopts, then what should I do?If B does NOT adopt, then what should I do?”Both players in the game approach the selection of their strategy in this way.)

 
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Human Resource Management, business and finance homework help

Attached is Chapter 4 from the textbook

The primary function of the job description paper is to increase understanding of your current, or a prospective, position. The following areas of the job description should be considered:

  • Tasks,
  • Tools and Technology,
  • Knowledge,
  • Skills and Abilities,
  • Educational Requirements.

Submit a paper in which you describe each of the above mentioned areas of the job description from the vantage point of your chosen position. Provide two or more ways that you would advertise or recruit someone for that position (see chapter 4 of the textbook). In addition, include a description of at least two methods of assessment used when recruiting qualified candidates and why these two assessment methods would be most appropriate.
SEE ATTACHED

Writing the Job Description Paper:

  • Must be three double-spaced pages in length, excluding the cover page and reference page, and formatted according to APA style as outlined in your approved style guide. 
  • Must include a cover page that includes:
    • Name of paper
    • Student’s name
    • Course number and name
    • Instructor’s name
    • Date submitted
  • Must include an introductory paragraph with a succinct thesis statement.
  • Must address the topic of the paper with critical thought.
  • Must conclude with a restatement of the thesis and a conclusion paragraph.
  • Must use APA style as outlined in your approved style guide to document all sources.
  • Must include, on the final page, a Reference List that is completed according to APA style as outlined in your approved style guide and has at least one reference in addition to the text.

chapter_4_hrm.docx

 
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Case Analysis: Rick’s New Job

Case Analysis: Rick’s New Job*** Label and answer each question in full with complete sentences. Paragraphs must consist of at least 5 complete sentences***Plagiarism report must be attached***Original and graduate level work ***Follow all instructions to the letter**** 2 scholarly sources are required!!! I am putting the case study at the bottom of assignment…..
Read the Rick’s New Job case analysis at the end of Chapter 3 of the Blanchard and Thacker (2013) text. In an 800 to 1,000 word paper (excluding the title and reference pages), respond to the following case questions:

  • Explain why Rick was let go and how reinforcement theory applies to this situation.
  • Explain Rosie and Walter’s reaction to Rick’s computer in terms of resistance to change. Use the concepts in this chapter to explain how Rick might have approached the computer situation so as to gain acceptance.
  • Explain Rick’s inability to “fit in” using social learning theory. Identify where breakdowns occurred.
  • If Val hired you to develop a management training program for the senior managers at PPP, explain how you would go about designing the program. Provide appropriate theoretical rationale to support your position.

Your paper must be formatted according to APA style as outlined in the Ashford Writing Center. Your paper must also include citations and references for the Blanchard and Thacker (2013) text and at least two scholarly sources from the Ashford University Library. An Abstract is not required. Use APA formatted headings, rather than numbers, to delineate your response to each case question. For example, the following headings (or equivalent) can be used to identify each section of your paper:

  • Reinforcement Theory
  • Resistance to Change
  • Social Learning Theory
  • Designing a Management Training Program

The paper

  • Must be 800 to 1,000 words, double-spaced (excluding title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center.
  • Must include a separate title page with the following:
    • Title of paper
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted
  • Must use at least two scholarly sources in addition to the course text.
  • Must document all sources in APA style as outlined in the Ashford Writing Center.
  • Must include a separate references page that is formatted according to APA style as outlined in the Ashford Writing
  • Must include a separate references page that is formatted according to APA style as outlined in the Ashford Writing Center

    Case Analysis: Rick’s New Job

    Rick recently received an MBA. In university, he was known as smart, hardworking, and friendly. His good grades landed him an internship with Peterson Paper Products (PPP) to head their sales department. Near the end of the internship, Val Peterson, the president and founder of the company, asked Rick to meet him after work to discuss the future.

    Peterson Paper Products

    Val Peterson founded PPP 17 years ago. It purchases raw paper of varying grades and produces paper stock for business, personal stationery, and greeting cards. Its annual sales topped $15 million, and it employs 80 to 90 people, depending on demand. Sales gradually declined over the last two years after steady and sometimes spectacular growth during the previous seven years. Competition increased markedly over the last three years, and profit margins dwindled. Although PPP is known for the high quality of its products, consumers are shifting from premium-priced, high-quality products to products with higher overall value. Through all of these changes, PPP maintained a close-knit family culture. At least half of the employees have been with the company since the beginning or are friends or relatives of the Petersons or Mr. Ball, Val’s partner.

    Val Peterson, 53, holds the majority of stock in this privately held company that he founded. He began working summers in a paper company during high school. He supervised a shift at a paper plant while he went to college at night. After graduation, he worked at increasingly higher management levels, occasionally switching employers for a promotion. Eighteen years ago, he quit his vice presidency with a major paper product manufacturer to start his own company. Employees see him as charismatic, even-tempered, and reasonable. He spends most of his time and energy on company business, putting in 12-hour days.

    Rosie Peterson, 50, is Val’s wife and the controller for the company. She holds 5 percent of the company stock. Rosie never went to college, and her accounting methods are rather primitive (all paper and pencil). Nonetheless, she is always on top of the financial picture and puts in nearly as many hours as Val. She exerts a great deal of influence on the operations and direction of PPP.

    Walter Ball, 61, is both Mr. Peterson’s friend and business partner. He owns 25 percent of the stock and has known Val since before the start of PPP. He is VP of operations, which means that he oversees the computer information systems that run the paper production process and handles the technical side of the business. He is not current on the latest computer or manufacturing technology, but he loves the paper business. He says he will probably retire at 65, but most say they will believe it when they see it.

    Diane Able, 41, is the customer service manager and is married to Steve Able, the chief engineer. Diane worked her way up in the company over the last 10 years. She is often asked to assist Mr. Peterson with projects because of her common sense, and he trusts her to keep information to herself.

    Rick’s Offer

    When Rick met Mr. Peterson to “discuss the future,” he was nervous. He knew that Mr. Peterson liked his work so far, but did not know if it was enough to extend his internship another six months. So far, he had worked with Mr. Peterson only on special projects and did not know the rest of the management group well. He was flabbergasted when Mr. Peterson said, “I was thinking that you might like to work here at PPP full-time and help us out with our sales department.”

    The two of them discussed the problems in the sales area and talked about what could be done to boost sales. Rick agreed to start the next Monday. During this conversation, Rosie walked in and suggested that they all go out to dinner. At dinner, Rosie emphasized to Rick that PPP was a family operation, down-to-earth and informal. “You probably shouldn’t try to change things too quickly,” she warned. “People need time to get used to you. You have to remember, you’re an outsider here and everyone else is an insider.” Then Val moved the conversation back to what the future could be like at PPP.

    Rick’s Awakening

    During the first few days at work, Rick spent time getting to know the plant and operations, meeting all the employees, and familiarizing himself with the problems in sales. He met with Val each morning and afternoon. He also met with the key managers, not only to introduce himself but also to convey his desire to work collaboratively with them in addressing the problems in sales. He was conscious not to flaunt his university education and to convey that he recognized he was a newcomer and had a lot to learn. In the middle of his second week, Val told him that his reception by the other employees was going very well: “Your enthusiasm and motivation seem to be contagious. Having you join us shows them that things need to change if we’re going to reach our goals.”

    Rick noticed, however, that the managers always went out in groups, and he had not been invited along. Also, he was not included in the informal discussion groups that formed periodically during the day. In fact, the conversation usually stopped when he approached. Everyone was friendly, he thought; maybe it would just take a little more time.

    By his third week, Rick identified some of the problems in the sales department. Among the four salespeople, morale and productivity were moderate to low. He could not find any sales strategy, mission, or objectives. The records showed that Val was by far the leading salesperson. The others indicated that Mr. Peterson “always works with us very closely to make sure we do things right. If he senses there might be a problem, he steps in right away.” After formulating a plan, Rick discussed it with Mr. Peterson. “First, I would like to institute weekly sales meetings so we keep everyone up to date. I also want to create a centralized sales database,” he told him. Mr. Peterson smiled and agreed. Rick felt he was finally a manager. He did feel that he should have mentioned his idea for creating a sales department mission and strategy, but recalled Rosie’s caution about not moving too fast.

    Rick discussed with Mr. Ball the possibility of using the centralized computer system to run word processing and spreadsheet software on terminals. Mr. Ball was concerned that outsiders could access the data in the spreadsheets. Anyway, he did not think the system could handle that task because its primary function was production. Puzzled, Rick asked if a PC could be allocated to him. Mr. Ball said that no one in the company had one.

    “Well,” Rick thought, “I’ll just have to bring mine from home.” The next Monday Rick walked through the office carrying his computer. Several of the other managers looked at him quizzically. Making light of it he said, “I’m not smart enough to keep everything in my head and I do not have enough time to write it all down on paper.” As he was setting up the computer, he got a call from Val: “Rick, that computer you brought in has caused a heck of a ruckus. Can you lie low with it until I get back late this afternoon?” Rick thought Val sounded strained but chalked it up to overwork. Rick agreed and left the computer on his desk, partly assembled. Five minutes later, Rosie walked into his office.

    “Do you think it’s funny bringing that thing in here? What are you trying to prove—how backward we all are? How much better you are with your big initials behind your name? You’re still an outsider here, buster, and do not forget it.”

    Rick tried to explain how much more productive the sales department would be with a computer and that he had tried to use the company’s computer system. However, Rosie was not listening: “Did you think about checking with me before bringing that in? With Val or even Walter? Don’t you think we have a right to know what you’re bringing in here?” Rick knew argument would do no good, so he apologized for not checking with everyone first. He said he had a meeting with Val later to talk about it. Rosie said, “Good, talk to Val, but don’t think he calls all the shots here.”

    At the meeting with Val, Val agreed that the computer would certainly help solve the problems in sales: “But, you have to be sensitive to the feelings of Rosie and the other managers. It would be best if you did not use the computer for a while until things calm down.”

    The next day Walter walked into Rick’s office. He told Rick that he had moved far too fast with the computer: “That’s not how it’s done here, son. Maybe you’re spending too much time listening to what Val says. He isn’t really the one to talk to about these kinds of issues. Next time you just ask old Uncle Walter.”

    Rick spent the next few weeks building the database by hand and conducting sales meetings with his staff. He tried to set up meetings with Mr. Peterson, but Val was usually too busy. One day, Rick asked Diane Able about not being able to see Mr. Peterson and she said, “You know, you monopolized a lot of his time early on. Those of us who worked closely with him before you came were pushed aside so he could spend time with you. Now it’s your turn to wait.”

    “Are you the one who’s been spending all the time with him?” Rick asked.

    “Well, it’s been me and some of the other managers. We’ve really been taking a beating in sales, so we need to figure out how to reduce our costs,” Ms. Able answered.

    A few weeks later, Rick was called in to Val’s office. Val began, “Rick, you know we’ve been going through some bad times. We’re reducing head count and I’m afraid you’re one of the people we’re going to let go. It has nothing to do with your work. You haven’t really been here long enough to have either succeeded or failed. It’s just that we had unrealistic expectations about how quickly things in sales would turn around. I feel terrible having to do this and I’ll do everything I can to help you find another job.”

    After packing his things and loading up the car, Rick sat in his car and stared out of the window. “Welcome to the real world,” he thought to himself.

     
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    Components of Criminal Justice System, law homework help

    There are two components to this week’s homework.

    Part 1

    You will start working on a portion of your capstone portfolio in this first week. Consider what you have learned about the criminal justice system throughout your degree program.

    Name, define and discuss the roles of the three main components of the criminal justice system. Choose the component you think is the most effective and discuss why. Then, choose the component you feel is the least effective and needs to be changed. Discuss the specific changes you would make to the chosen component and why these changes would make it more effective if implemented.

    This assignment will make up Section 3a of your final Capstone Portfolio. Your response should be 1 to 2 pages.

    Part 2

    Using what you learned in the reading, you will now have the opportunity to examine your own work philosophy and career goals. Complete the worksheet titled Work Philosophy and GoalsPreview the documentView in a new window discussed in Chapter 2 of your text.

     
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    Managing Social Responsibilities and Ethical Issues in a Diverse Workforce

    The purpose of this paper is to explore current ethical and social responsibility issues in the workplace that are relevant to your organization or career. Your task is to describe an ethical issue that is relevant to your work situation (past or current). The paper should focus on individual issues that you may face as an employee or manager.

    In addition to completing this paper, now is a great time to go back over anything you need to fix, adjust, or add to the previous assignments that will become your final SWOT analysis. Now is also a great time to “look ahead” a bit to what is coming and still needed for your final SWOT submission in Module 8.

    Your task is to describe an ethical issue and how it is impacting the organization. In addition, your essay needs to provide details of the dilemma along with a detailed recommendation on how the organization should proceed.

    The nature of ethical decision-making is recognition, analysis and resolution. Most of the time we don’t make a decision because it’s ethical, but rather based on business; ethical decisions happen “after the fact.” After completing this activity, you will be better prepared to make those tough ethical decisions at work.

    Please refer to the APA Writing Guide provided in this week’s reading/viewing area for any questions you have on this paper. In addition to the APA Writing Guide, please structure your essay papers using the following format:

    Section One- Thesis: Your thesis, or topic sentence, tells the reader what your essay will discuss. In just one or two sentences, discuss what information your paper will cover; this will help you to narrow your focus and keep you from writing on too broad a topic.

    Section Two: Provide a detailed description of the issue, with an emphasis on explaining the ethical dilemmas and social responsibilities inherent in the situation. Remember this issue needs to come from the organization that you are performing the SWOT analysis on, and should include information about who is impacted by this issue and why.

    Section Three: Give a detailed analysis of the issue and provide YOUR recommendations on what course of action is needed and why. Given the current condition of your work environment, analyze the underlying causes of the issue and provide recommendations for both the employees dealing with the issue as well as what the organization or managers need to do in order to manage and resolve the issue.

    Section Four: Provide a conclusion that summarizes your essay and emphasizes your main ideas. In academic writing, a conclusion serves to remind the reader about what your paper is about and allows you to make a final and lasting point without introducing new information.

    Please include a title page and reference page with your essay and list the four sections as shown. This essay paper should be 5 to 7 pages long; this does not include your title or reference pages. All citations should be in APA format and need to be included on your reference page.

     
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    The role of financial managers, business and finance homework help

    Huawei is considering replacing an existing production line with a new line that has a greater output capacity and operates with less labour than the existing line. Existing Production line The book value is $100,000 and the asset will be depreciated by $20,000 per year for the next 5 years. If you sell the existing production line now, it is expected to be sold for $80,000. Both the book value and market value of the line at the end of year 5 will be zero. New Production line The new line would cost $800,000, have a 5-year life, and would be depreciated using the straight-line depreciation method over 5 years. At the end of 5 years, the new line could be sold for $200,000. Because the new line is more automated, it would require fewer operators, resulting in a saving of operating expense of $40,000 per year. Additional sales with the new machine are expected to result in additional net cash inflows of $60,000 per year. The new line is however expected to have a negative impact on other side of the business and an annual operating cost of this side-effect is expected to be $10,000 per year. If Huawei invests in the new line, a one-time investment of $10,000 in additional working capital will be required. Huawei will get back the additional working capital at the end of year 5. The tax rate is 30 percent, the opportunity cost of capital is 10 percent. What is the NPV of the new production line? Should Huawei take on the new production line?

     
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    Bonds and Stocks

    Understanding how to properly value a vanilla bond (a plain bond) is essential for finance. Using the following Web site, find 3 different funding structures. Describe for each structure: security type, term, and yield. Furthermore, take a look at each of their offering documents, and provide a short description of the information found in the documentation.

    • Why do the different types of bonds get different rates? Explain your answer.
    • What makes each of the different structures different? Explain your answer.
    • What does the rate given say about the credit rating for each issuer? Explain your answer.
    • How does credit rating affect the rate given to the issuer? Explain your answer.
    • Which structure has the best credit rating based on the yield given to each structure? Explain your answer.
    • What is the credit rating supposed to tell you? Explain your answer.
    • Which bond is receiving the best price? Explain your answer.
    • Why does having a good credit rating matter to the issuer? Explain your answer.

    800–1,000 words

    No plagiarism please.

     
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    Management theories, leadership, and the police organization

    Chapters Four through Six of Police Administration cover management theories and leadership styles and how they impact police organization. Imagine you are the head of a law enforcement organization. Address the following as they relate to management theory, leadership, and your department.

    • Identify the theory of management (from Chapters Four and Five) you would ascribe to. Explain this theory as it relates to your police organization.
    • Discuss how you would incorporate these ideas into managing your organization. What are the benefits and drawbacks of managing in this manner?
    • Leadership is discussed in Chapter Six. With regard to leadership, the police chief’s job is paramount in a police organization. However, the police chief often becomes a scapegoat for the many trials and tribulations that befall a department. Identify the primary duties of a police chief, and explain how they might be best fulfilled. What problems await a newly appointed police chief? Describe how you would address these issues.

    Your paper must be two to three pages in length (exclusive of title and reference pages) and formatted according to APA style. Support your claims and subclaims with material from the text, Police Administration, as well as two academic resources from the Ashford University Library. For information regarding APA samples and tutorials, visit the Ashford Writing Center, within the Learning Resources tab on the left navigation toolbar.

     
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    Administrative Agencies, powerpoint presentation help

    Visit the websites of any three state or federal administrative agencies: for example National Labor Relations Board (NLRB), Occupational Safety and Health Administration (OSHA), Environmental Protection Agency (EPA), Securities and Exchange Commission (SEC), Federal Communication Commission (FCC), and others.

    Create an 8- to 10-slide Microsoft® PowerPoint® presentation with detailed speaker notes in which the team includes the following:

    • An explanation of the role and function of each of the three agencies and how this affects businesses.
    • One significant regulation that each agency enforces.
    • An explanation of how these regulations create compliance requirements for businesses.
    • Cite in the speaker notes and have a Reference slide as well.
     
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    Theoretical Aspects of Conspiracy Investigations, law homework help

    Investigate 2

    Question 1.

    The USA Patriot Act will be the focus of this assignment. This act is important because it changed the way law enforcement officials were able to investigate possible terrorist crimes. Specifically, it allowed law enforcement flexibility in how much and in what way information could be obtained when investigating possible terrorism threats.

    In your own words, explain the USA Patriot Act. Make sure to cover the importance of this act and how it can be used to help in the fight against terrorism. Your response should include 4-6 sentences.

    Question 2. Give two or more examples of how the act can be used to prove conspiracies among terrorist groups. Please respond in 4-6 sentences.

    Attach your answer to each question, no plagiarism, add your references and double check your grammar.

     
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