"The Impact of Business Economics on Medical Managerial Decision Making"
NAJI NASSAR
STUDENT ID 1002223
COURSE – ECO 6150 Managerial Economics -
CALIFORNIA MIRAMAR UNIVERSITY Professor : Hossein Hemati
Sunday , April 2nd / 2016
TABLE OF CONTENTS
Abstract…………………………………………………………………………………………..3
Introduction…………….. ………………………………………..….…………………….…….3
Information System and Firms Performance……………………………......................................4
The Impact of Information System on Firms Economy………………………...………..………4
Effect of Information System of Organizational Decision Making………………...……….…....5
Investment of Information System …………............…………………….……………......….…5 …show more content…
The purpose of this research paper is to explore and evaluate the influences of business economics on medical managerial decision making on the system of health care organizations and showing the factors of economics that affects the medical firms and organization performance.
The ability of the health care management companies to gain the competition and the health care market share is the valuable point in this paper that can serve to reduce the gap between customer needs and their fit products that affect business practices for stockholders. Introduction
The decision is an essential part of all aspects of our daily life, from the simplest to the most complex. When we wake up in the morning and go to wash our faces, this is a decision when we choose specific food to eat. this is a decision when we choose a specific program to follow on television when we choose what to study , who will marry, the names of our children ...etc These are all decisions. Simple decisions may be taken quickly, spontaneously and routinely or may be difficult and complex and require a lot of study and reasoning before you take …show more content…
The impact of business economics on the firms that to create success , ability to compete, and to manage or take place between global medical firms competition. Economics help managers at medical firms to make their future decisions and help them to face major challenges that led to their success. The relationship between business economics with management in the organization will reflect the functions of different parts of the medical companies such as marketing, sales, human resources, manufacture, production, accounting and financial divisions.
Definition of Medical Decision
Medical decision is really a choice between a set of solutions to a health care problem or a crisis or the conduct of a particular work and therefore in our daily life we almost daily take a set of decisions, some of which we observe and study others randomly without study.
The Importance of Medical Decision