statistic quizAnswers 2Bids 0Other questions 10

Time’s Up! Submitting results in: this Question Question 1 3.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307327 If P(x) = 0.64, find the complement.   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 2 3.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307914 There is a 30% chance of rain today.  Express this as a probability value between 0 and 1.   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 3 3.5 pts Edit this Question Delete this Question0 multiple_choice_question     If P(x) = .55, find the complement.   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 4 3.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307335 There is a 10% chance of rain today.  Express this as a probability value between 0 and 1.   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 5 3.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307334 There is a 20% chance of rain today.  Express this as a probability value between 0 and 1.   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 6 3.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307324 If P(x) = 0.25, find the complement.   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 7 3.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307918 If P(x) = 0.42, find the complement.   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 8 3.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307331 There is a 55% chance of rain today.  Express this as a probability value between 0 and 1.   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 9 4 pts Edit this Question Delete this Question0 multiple_choice_question     1! equals what?   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 10 4 pts Edit this Question Delete this Question0 multiple_choice_question   20307924 7! equals what?   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 11 4 pts Edit this Question Delete this Question0 multiple_choice_question   20307921 4! equals what?   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 12 2.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307345 Find the y-intercept of the following:x: 2, 3, 4, 7, 7 y: 9, 2, 5, 1, 1   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 13 2.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307344 Find the slope of the following:x: 2, 3, 4, 7, 7 y: 9, 2, 5, 1, 1   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 14 2.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307927 Find the linear correlation coefficient r for the following:x: 2, 3, 4, 7, 7 y: 9, 2, 5, 1, 1   Move To… This element is a more accessible alternative to drag & drop reordering. Press Enter or Space to move this question. Flag this Question Question 15 2.5 pts Edit this Question Delete this Question0 multiple_choice_question   20307347 Find the y-intercept of the following:x: 1, 3, 5, 8, 9y: 4, 2, 6, 6, 7

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Locating An Empirical Research Article

Empirical research articles document a study that is either quantitative, qualitative or a mixed methods research design. When authors write an empirical research article they typically follow a format that looks like this: Introduction/Background, Literature Review, Methodology, Findings, and Discussion. The authors recount literature on their specific research topic and describe in a systematic manner how the data was collected and then analyzed in order to answer the research question(s). Once the data is analyzed, they present the findings. Finally, they interpret the findings using past literature to help understand the findings.

What we broadly describe as a “quantitative study” includes numerical summaries that involve descriptive statistics (averages, standard deviations), correlations, and inferential statistics (such as T-tests, Chi Squares and other kinds of analyses). These kinds of studies can include certain elements such as per- and post-tests or survey results looking at correlations between variables.

Qualitative articles, on the other hand, use interviews, focus groups, observations, and written answers to questions. Rather than using statistics to summarize the study, these studies look at themes and present the material using words, phrases and often paragraphs to illustrate what they are representing.

To prepare for this assignment, review Week 1’s readings and resources on how to locate an empirical research article using the library’s databases.

For this Assignment,

  • Locate an empirical research article that is either a quantitative or qualitative study from a peer reviewed social work journal for the final assignment. Download the PDF copy of the article.
    • Do not select an empirical research article that describes a mixed methods study. The reason is a mixed method study involves both a quantitative and qualitative component. You would have to do two reviews – one for the quantitative component and one for the qualitative component — for the final assignment.

Discuss the resource-based view of competitive advantage. Why is it important to understand organizational differences to use this approach?

  1. Discuss the resource-based view of competitive advantage. Why is it important to understand organizational differences to use this approach?
  2. Briefly define what is meant by competitive advantage. Are competitive advantage and sustained competitive advantage identical concepts? Compare and contrast the two concepts.

Professional Development

Case Study #12: AIDSCAP Nepal

  • Conduct an internal environmental analysis, identifying the value-creating strengths and weaknesses for each value chain component. Model your response after Exhibit 4-4 (p. 144) “Value Creating Strengths and Value Reducing Weaknesses.”
  • For each strength, assess the competitive relevance, using Exhibit 4-6 (p. 149) as an example.
  • Exhibit 4–4: Value Creating Strengths and Value Reducing Weaknesses for American Healthways, Inc.
  • Value Chain Component
  • Service Delivery, Pre-Service
  • Service Delivery, Point-ofService
  • Service Delivery, AfterService
  • Support Activities, Culture
  • Support Activities, Strategic Resources
  • Value Reducing Weakness
  • • Limited brand identity • Disease management and care enhancement contracts require extensive selling because of lack of knowledge of key benefits • Revenues subject to seasonal pressures from enrollment processes of contracted health plans
  • • Company/employees have less experience in care enhancement programs in expanded product line areas such as end-state renal disease, fibromyalgia, etc. • A majority of company’s revenues accounted for by three health plans
  • • Incomplete or inaccurate data could render independent evaluation of clinical interventions useless
  • • Acquisition of StatusOne Health System with different culture • Company’s reluctance to declare cash dividend may discourage some classes of investors
  • • Hospital contracts decreasing • Cost to maintain IT for compliance with federal and state regulations • High labor costs from competition for staff • Volatility of stock price and trading volume
  • Value Creating Strength
  • • Customer benefit: care enhancement/disease management concept (attractive to health plans, hospitals, physicians, patients) • Customer benefit developed: geographical coverage (attractive to large health plans) • Six care enhancement centers
  • • Successful management of diseases leading to reduced costs and increased customer satisfaction • Company employees highly experienced in implementing care enhancement programs in certain areas, such as diabetes • Integrated care product line attracts broad range of patients • Number of covered lives increasing making economies of scale possible
  • • Alliance with Johns Hopkins Health System to independently evaluate effectiveness of clinical interventions
  • • First disease management and care enhancement provider in nation accredited by all three accrediting agencies • Highly professionalized culture • Experienced management team of individuals with extensive health care experience and longevity with the company • Conservative fiscal management philosophy: retain earnings for future growth and development • Company has state-of-the-art medical information technology • Company has sound financial position: cash, working capital, stockholder equity increasing over past year • Earnings per share of common stock has increased despite 3:2 stock split in 2001 and 2:1 stock split in 2003.

Exhibit 4–6: Strategic Thinking Map of Competitive Advantages Relative to Strengths in General

Is the Value of the Strength High or Low? (High/Low?)

H

H

H

H

H

H

H

H

Is the Strength Rare? (Yes/No)

N

N

N

N

Y

Y

Y

Y

Is the Strength Easy or Difficult to Imitate? (Easy/Difficult)

E

E

D

D

E

E

D

D

Can the Strength Be Sustained? (Yes/No)

Y

N

Y

N

Y

N

Y

N

Implications

No competitive advantage. Most competitors have the strength and those that do not can develop it easily. All can sustain it. Maintenance strategy.

No competitive advantage. All competitors have the strength which is easy to develop. Strength is not sustainable so it represents only a short-term advantage.

No competitive advantage. Many competitors possess the strength but it is difficult to develop, so care should be taken to maintain this strength.

No competitive advantage. Many competitors possess the strength but it is difficult to develop, and those who do possess it will not be able to sustain the strength. Only a short-term advantage.

Not a source of long-term competitive advantage. Because it is valuable and rare, competitors will do what is necessary to develop this easy-to-imitate strength. Short-term advantage. Should not base strategy on this type of strength but should obtain benefits of short-term advantage.

Not a source of competitive advantage. The strength is easy to imitate and cannot be sustained. Short-term advantage. Do not base strategy on this type of strength but obtain benefits of short-term advantage.

Source of long-term competitive advantage. If value is very high, it may be worth “betting the organization” on this strength.

Possible source of short-term competitive advantage but not a strength that can be sustained over the long run.

Ginter, P. M., Duncan, W. J., & Swayne, L. E. (2013). Strategic Management of Health Care Organizations (7th ed.). San Francisco: Jossey-Bass.

Examine The Role Of Labor Relations Personnel

Create a job description and a 90-day plan of work for a newly hired labor relations specialist.  This job description should outline the job title, education requirements, direct supervisory, primary responsibilities, and duties.  Then, use this job description to create a 90-day plan of work for a newly hired employee.  Highlight goals a new employee should work on related to the job description. 

 

Length: Job Description 1-2 pages and Plan of Work 1-2 pages, not including title and reference pages

 

References: Include a minimum of five scholarly resources.

 

Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect graduate-level writing and APA standards.