Planning WellCare Health Plans‚ Inc. was founded in 1985. The company is headquartered in Tampa‚ Florida and offers Medicaid and Medicare managed care health plans for over two million members. It offers “health plans for families‚ children‚ the aged and disabled‚ and provides prescription drug plans” (WellCare‚ 2014). Wellcare employs over 5‚000 employees (SWOT Analysis‚ 2014). This paper will outline strategic and operational plans for WellCare‚ describe how these plans will achieve the goals
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make a decision and this decision may be based on a wide range of information they have been provided with. However good this information is‚ ultimately it is that person who has made the judgment. If most of the stakeholders are satisfied with the plans and the outcome‚ s/he will be regarded as a ’good leader and manager’; if the decision angers some stakeholders unduly‚ that person’s reputation might well suffer. Task 1 (5 marks) Identify whether each stakeholder above is internal
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MEMORANDUM To: Barbara Thomas‚ Hiring Manager From: Tracy Jones‚ Bookkeeping Manager Date: November 26‚ 2012 Re: Operational Gap-Exceptions Overdraft Analyst This memorandum is to inform the hiring manager of Seaway Bank of an operational gap that needs to be fulfilled immediately within the Bookkeeping Department. As you know Seaway Bank has a reputation for loyalty not only to our customers‚ but to our employees as well. We also have a reputation that ensures that we provide quality service
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organisations are concerned with how their business will survive and prosper in future. In contemporary terms‚ most business strategies are recognised with a plan as part of or a set of intentions that will set theirr long-term directions of their actions that are needed to ensure future organisational success. Thus‚ no matter how strong their plan is or how noble their intentions‚ are‚ any organisation’s strategy can only become a meaningful reality‚ in practice‚ if it’s operationally instigated. Every
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ASSESSING THE QUALITY OF E-COURSES Jeanne Schreurs ‚Universiteit Hasselt‚ Belgium ‚Rachel Moreau‚ Universiteit Hasselt‚ Belgium Abstract The EFQM model of quality management is a universal model and is applied in this paper in the school context for the organisation of e-courses. We identified some quality criteria in this EFQM school quality model. We defined a simplified e-learning EFQM model supporting the evaluation by the learner. Based on it a questionnaire has been structured that can
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ASSIGNMENT Year Programme Title Unit Title Unit No. Unit Code Assignment No. Level Credit value Deliverer Handout Date Hand in Date 2013/2014 Edexcel Pearson BTEC HNC Certificate in Business and HND Diploma in Business (QCF) Operations Management in Business. Unit 34 F/601/1092 01 Level 4 – HNC and Level 5 - HND 15 credits Dr Joy ‚ Mr Solomon ‚Mr Natesan ‚Mr Hamim‚ Mr Kennedy ‚Mr Richard‚ Mr Nawaz‚ Ms Samar 18/11/2013 18/12/2013 Assignment title Using the Principle
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References: Pearce‚ J.A.II‚ & Robinson‚ R.B. (2004). Strategic Management: Formulation‚ implementation‚ and control (9th ed.). New York: McGraw-Hill. PlanWare‚ (2009); Business Planning Papers: Developing a Strategic Plan‚ retrieved 2009 from‚ http://www.planware.org/strategicplan.htm#1 Thompson‚ A.A.‚ Gamble‚ J.E.‚ & Strickland‚ A.J. (2006). Strategy: Winning in the marketplace: Core concepts‚ analytical tools‚ cases (2nd ed.). New York: McGraw-Hill
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Operational Management Chapter 1: Strategy and competitiveness OM (Operational Management) is use to create customer value through effective processes in both product and service-based organization. Core competence A bundle of skills that enable a firm to provide the greatest level of value to its customers in a way that is difficult for competitors to match and that provides for future growth. Core competences are embodied in the skills of the workers and in the organisation. They are developed
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Operational Planning I. Introduction Operational planning is setting up procedures and processes at the lower level of the company in order to meet the overall goal of the company. There are different factors for each company that affects the operational plan and how it is laid out. The operational plan can also greatly influence the success of a company. There is a direct correlation between the operational plan and a company’s strengths and weaknesses. The operational plan must also take into
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NATURE OF OPERATIONAL AUDIT • Also known as management audits and performance audits. • Conducted to evaluate the effectiveness and/or efficiency of operations. • Examinations of all or part of an entity to determine the degree of its operational efficiency‚ effectiveness and economy. • Also refers to the auditor’s study of business operations for the purpose of making recommendations about economic and efficient use of resource‚ effective achievement of business objectives
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