Advantages of Amalgamation 1. Operating economics Operating economics means expenses associated with business and its allied activities. These expenses are required to carry on day-to-day activities of the business. These generally include fixed cost and variable cost. When companies amalgamate‚ their business operation expands. Such expansion helps them to use and manage the economies of large-scale production and distribution. Under operating economies: 1. Amalgamated companies optimally
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Staffing and Scheduling The debate on safe and adequate nurse staffing has remained a growing and controversial issue in healthcare. The most important issue is determining a safe number of nurses that should ideally work on a unit. In an article by The Journal of Nursing Administration it is stated that‚ “over the course of the last decade‚ hospital restructuring‚ spurred in part by a move to managed care payment structures and development of market competition among
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may vary from one healthcare organization to another depending on the type of organizational structure and the level of management with the hierarchy. For what type of healthcare organization would you prefer to work? Organic or mechanistic? Explain. Mechanistic structures are mainly for organizations in a stable environment. They are hierarchical in nature with well-defined tasks and central authority. This type of structure works well in an environment where an organization does not need to respond
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this is a good idea? Justify your view. Delayering is the action or process of reducing the number of levels in the hierarchy of employees in an organisation. One reason why I believe this will be beneficial to Electric Dreams (ED) is because Peter has declared himself that he aims to reduce costs and improve the speed of decision-making. Delayering should allow for both of these goals to be achieved. Although the business will have to pay redundancy packages to those workers who are losing their
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Restructuring Debt Part A Company A is in financial trouble. The company is reorganizing its processes and is looking to restructure its debt. Debt restructure is a mutual agreement between a financially troubled company and this company’s creditor‚ the bank. This process will reorganize the liabilities to prevent foreclosure or even asset liquidation (Business Dictionary‚ 2012). The liabilities under consideration for Company A are its capital lease obligations‚ notes outstanding liability
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Kajian Malaysia‚ Jld. XXV‚ No 2‚ Disember 2007 THE CHALLENGES OF RAISING REVENUES AND RESTRUCTURING SUBSIDIES IN MALAYSIA Suresh Narayanan School of Social Sciences Universiti Sains Malaysia Penang nsuresh@usm.my Malaysia has run deficit budgets in all but five years since 1970 but past deficits have been managed thanks to substantial oil revenues and high domestic savings. However‚ the slow growth or decline of several traditional sources of revenue and the rising subsidy bill since 2007 have
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Assignment 1-4 Tanglewood Case 1: Staffing Strategy Caseyne Sanford Carol Pitman November 13‚ 2011 Staffing Levels Acquire or Develop Talent- Since its inception in 1975 Tanglewood has focused on developing its talent rather than acquiring it. At this point it is this analysts opinion that Tanglewood instill this development plan to all its new acquisitions to retain its historical reputation for customized and personalized service from its staff. Lag or Lead System- In order to unify the
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* Staffing and Organizing * Staffing What is STAFFING? * Refers to the task of filling position in the organization with the most qualified people available. * According to Theo Haimann: “Staffing pertains to recruitment‚ selection‚ development and compensation of subordinates.” * Nature of Staffing Function * Staffing is an important managerial function- Staffing function is the most important mangerial act along with planning‚ organizing‚ directing and controlling
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Running head: NURSE STAFFING Nurse Staffing: Does One Size Fit All? Iva Roach Abstract Two major forms of staffing guidelines will be discussed‚ nurse-to-patient ratio and staffing by acuity. This paper will discuss the history of each staffing form. It will point out the benefits and negative features of both practices‚ describe how hospitals deal with staffing and discuss the states that have laws requiring certain guidelines be followed. Nurse Staffing: Does One Size Fit All? What
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Joint Commission on Accreditation of Healthcare Organizations (JCAHO) Introduction JCAHO is an abbreviation for Joint Commission on Accreditation of Healthcare Organizations is a non-for-profit organization that seeks to continuously improve the safety and quality of care provided to the public through the provision of health care accreditation and related services that support performance improvement in health care organizations. It is an organization made up of individuals from the private medical
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