Contextualization In the first lesson of the discipline of Business English‚ students were asked to discuss and submit brief answers the following questions: 1. Define a Manager 2. Define Management 3. Define an Administrator 4. What is the difference between them? 5. What are the key activities of a Manager? Various answers were given and were grouped so that each student make comments arguing or supporting the ideas presented in class. It is in this perspective that the
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Health economics - The Primer This series of articles will introduce readers to the emerging field of health economics. We will review how health economics influence decision making process in health care and the basic tools used in health economics. * 1. The Role of Health Economics * 2. Cost of Health Care * 3. Should Oncologists Care About Cost-Effectiveness Analyses? * 4. Classification of Health Economic Analyses * 5. Health Economics Research: Cost Utility Analysis
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MEANING OF MANAGERIAL ECONMICS (M.E) Managerial economics/applied microeconomics can be defined as the use of economic analysis to make business decisions involving the best use of organizations scarce resources/the application of economic theory and the tools of analysis of decision science to examine how an organization can achieve her objectives most efficiently. M.E may also be defined as the study of economic theories‚ logic and methodology‚ which are generally applied to seek solutions
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1. DESCRIBE THE MANAGERIAL LEVEL & MANAGERIAL SKILL IN HOSPITAL ADMINISTRATION MANAGMENT. Management is an art of getting things done through others. It is organized efforts so as to achive the predeterminedgoal. It is continuous process made up of various functions like planning ‚ organization ‚ controlling ‚ directing. A manager is person who is responsible for getting work done through people so he must have some skill “managerial skill”and levels “managerial levels “
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000. E. some other amount. 4. Costs that are expensed when incurred are called: A. product costs. B. direct costs. C. inventoriable costs. D. period costs. E. indirect costs. 5. Which of the following is not a period cost? A. Legal costs. B. Public relations costs. C. Sales commissions. D. Wages of assembly-line workers. E. The salary of a company’s chief financial officer (CFO). 6. The accounting records of Reynolds Corporation revealed the following selected costs: Sales commissions‚ $65‚000;
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Chapter 5 DEMAND ANALYSIS QUESTIONS & ANSWERS Q5.1 Q5.1 Is the economic demand for a product determined solely by its usefulness? ANSWER No‚ two basic conditions must be met before economic demand is created. First‚ there must be value associated with acquiring and using the good or service. For individuals‚ this value is in terms of utility‚ well being‚ or satisfaction through consumption. For firms‚ this value is measured in terms of the profit created through resource employment. Second‚ there
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Strategies for Effective Learning The variety of teaching and learning methods which is used within a course is an important factor in creating a course with interest to students. They range from teacher led‚ e.g. lectures‚ to being student led e.g. such as group discussions. As students have different learning styles they benefit most when taught in their preferred style‚ research shows that it is beneficial to all students to receive information in varying styles. Additionally‚ instruction
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Introduction 1.1 Objective of the study The business office administration study is intended to expose the learners or the entrepreneur who has invested his resources in a business venture and is expectant of profit; the costumer service officer who on daily basis function to create good image for the business by providing solution and answer to customer enquiries‚ to the basic concept and practice of business office administration. It is hoped that this paper would improve learners’ understanding
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Changing role of office professionals THE ADMINISTRATIVE ROLE‚ more than most others‚ has been profoundly affected by the information revolution‚ according to Canadian researcher Alice de Wolff. At a meeting of the Office Worker’s Career Assistance Group of Toronto‚ Ms. de Wolff noted that office professionals work constantly with new information technologies. They bring the information economy to life and experience the impact of the information revolution on a daily basis. She told
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Unit four: Principles of supporting change in a business environment Assessment You should use this file to complete your Assessment. The first thing you need to do is save a copy of this document‚ either onto your computer or a disk Then work through your Assessment‚ remembering to save your work regularly When you’ve finished‚ print out a copy to keep for reference Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is
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