...Latatsha Keeten Eco / 561 July 28, 2014 Genevieve Turano Introduction The United States health care system relies heavily on private health insurance, which is the main source of coverage for most Americans. According to the Center of Disease Control, approximately 58% of Americans have private health insurance. The primary public programs are Medicare, a federal social insurance program for seniors and certain disabled individuals and Medicaid, also referred to as Medical. These two are funded jointly by the federal government and states but managed at the state level, which covers certain very low income children and their families. Health advocacy companies initiated to become visible to assist patients muddle through the complexities of the healthcare system (Wikipedia, 2014). In 2010 President Obama signed into law the Patient Protection and Affordable Care Act. This Act includes individual mandate that every American must have medical insurance or pay a fine at tax time (Obama Care Facts, 2014). Before the enhancement of medical expense insurance, patients were presumed to pay health care costs out of their own pockets, which is known as the fee-for-service professional standard. Hospital and medical expense policies were introduced during the first half of the 20th century. During the 1920s, individual hospitals began offering services to individuals on a pre-paid base, eventually leading to the development of Blue Cross organizations. The predecessors...
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...description of a new business, new product, service or project develop, present and defend the budget. C. Project Activity Overview – Scenario / Summary: You have been asked to create a budget proposal for one of these businesses: Papa Geo’s Restaurant, The Cutting Edge Landscaping, or Wireless World Electronics Retail Store. This week you will begin working on the proposal by drafting the Executive Summary. Use the Budget Proposal Template.docx. D. Deliverables: Save the first paragraph of Section 1.0 Executive Summary Draft as YourName_Project_WK1.docx and upload to the Week 1 Project Dropbox. E. Project Tasks: Task 1: | Download the Budget Proposal Template.docx from DocSharing. | Task 2: | Download the Course Project Description.docx. from DocSharing. | Task 3: | Review the three different business scenarios. | Task 4: | Select the business for which you will create a budget proposal. | Task 5: | Draft the first paragraph of the Section 1.0 Executive Summary. | Task 6: | Save the Draft and submit to the dropbox. | F. Grading Criteria | Description | Suggested Points | The business is briefly described in one paragraph. | 3 | The business description is in your own words. | 3 | The business description appears in the Executive Summary section of the Budget Proposal Template. | 2 | The business description is one of the three businesses described in the business profiles. | 2...
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...Unit 1 Individual Project MGT600 – Business Research for Decision Making April 7, 2013 Abstract Functional companies in today growing economy use Formal Research and Business Proposals to effectively conduct business. Both methods are clearly different in meaning and purpose, however the two are intertwined. Formal research and Business Proposals both have applications and values in a business setting that will be discussed in this research paper. The theoretical framework and the research design relating to collaborative technology in virtual globalization will be discussed. (Sekaran & Bougie, 2010). Part 1 “Formal Research” versus “Business Proposal” Introduction In Part one of this research paper I will be discussing the theoretical and practical differences between “formal research” and “business proposals”. In researching the two methods I will present how they impact the business industry, it is vital that business professionals comprehend the distinction between them. Management teams will benefit from research and proposals if they are conducted and implemented properly. Part 1. Marketing Manager and Researchers in a company have complex task in developing formal research projects and business proposals. Formal Research is a structured research style that allows business researchers in a company to present information in a scientific manner. Teams who conduct formal research must use a systematic professional process of collecting and analyzing...
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...How are research proposals different and similar to business proposals? “A research proposal addresses a particular project: academic or scientific research… Research proposals contain extensive literature reviews and must offer convincing support of need for the research study being proposed.” ( )“A business proposal is a written scheme from a seller to a prospective customer. The main purpose is to fulfill the requirements of a client.” ( ) There are many differences and similarities between formal research proposals and business proposals. The first of these similarities and differences is found in the proposal goals. In a business proposal, the goals are often found in the proposal's overview section or basic proposal introduction. A formal research proposal differs from a business proposal because it often focuses on finding information or data that will help the business make better decisions. Most times business proposals suggest new products or services, with a goal to make money for the business. Formal research proposals have more of a theoretical approach, and business proposals have a practical approach as far as things to do to make money. Another thing to consider when comparing the two proposals is the content located within the formal research and business proposal sections. Both of these proposals share the similarity of the introduction and conclusion, but the other sections within them are different. A formal research report has a research...
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...before moving into the larger facility? Initially, the business operated at a loss, but with time the business was able to attract new and loyal customers. This growth in itself was a challenge because Elizabeth over-estimated the growth capacity of her business. This in turn cost her heavily since she ended paying for unused space in the new facility. Elizabeth could have avoided this additional operating cost by analyzing the growth trends and potential of her business before relocating to a new facility. It is through such business growth potentials analysis that one is able to make strategic management decisions (Stokes & Wilson, 2010). She could have also considered inviting business experts who could have advised her correctly after doing the study on the Biddy’s Bakery for sometimes. What is wrong with the proposal made by the team of Buisness students? Why? The Biddy’s Bakery mission was to produce different kinds of baked goods (pies, cakes) using the traditional method and selling them to general public and local restaurants, but the team of business students proposed that the business should deal with the production of McDoogle pies and selling them twice to a local grocery store chain. This proposal is different from the mission of Elizabeth’s business hence changing the business completely. Therefore the proposal of the students is wrong since it implied changing the original mission of the business. What type of...
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...Proposals and Research Nashira Wiggins American Intercontinental University Abstract What are the differences between formal research and a business proposal? What are the similarities? This paper will compare and contrast the theoretical and practical differences between formal research and a business proposal. The second part of this paper will explore the effects of human resources outsourcing on leadership performance and employee commitment. This paper will show that human resources outsourcing has a negative effect on employees and their morale. Part 1 Formal research provides basic information and statistics in a given field or industry depending on the focus of the research. Formal research may be used to research the demand for a specific product or service by researching similar products or services that are already on the market. Included in this research would be the general sales rate, the companies that market these products or services, and the current sale price. Research will reveal whether the market for the product is flooded or if it is indeed a good business opportunity. A business proposal is a document that proposes a method for completing a task. A business proposal can be used for launching a new product or for something like implementing a new strategy for a marketing campaign. “A proposal includes a brief description for the task at hand, a section describing the general approach to the task, a schedule for the task in question and a budget...
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... and Steve Youngblood are equal partners in their own consulting business, which is specialized in design and install computer-based information systems for medicals. These system usually includes patient records, prescriptions, billings, and medical insurance processing, sometimes the medical customers have a manual system and want to computerize it, or they have an existing computer system that needs to be upgraded. Generally, the consulting business provides the necessary hardware as software to its customers, they also install and teach the employees how to use the new resource, because of that, the cost of most of these projects ranges from $10,000 to $40,000, depending on the amount of hardware needed. Dr. Houser, one of the doctors for whom Paul had done a project, left her private practice to join a large regional medical practice, which has six offices throughout the region, and two of that also include a pharmacy. So, Dr. Houser contacted Paul to see if he was interested in submitting a proposal to upgrade the information system for the entire regional medical practice, this project will include integrate the six offices and two pharmacies into one system, because presently, each office has its own system. Paus discovered that a team of representatives from the six offices and two pharmacies, with the help of organization’s purchasing manager, has prepared a request of proposal, and the proposals are due in two weeks, and the larger consulting companies received...
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...Business-to-Business Messages Comm/470 September 5, 2011 Business-to-Business Messages Business-to-business (B2B) messages are sent and received by the organizations, companies and business firms. These messages can be sent for various different purposes including invitations to do business, initiating a new business together, for joint ventures, and other reasons. Communication is extremely important for businesses that work in the virtual environment. The communication process includes the environment where the message takes place, the sender, the message that is created, technology used to send the message, noise, the receiver of the message, and the feedback that is returned. This paper will be analyzing three business-to-business messages using the communication process. The analysis should also include a descriptive explanation of characteristics that would improve the messages, including whether the message and technology were appropriate given the environment and purpose. A business-to-business message will be written to ABC Company asking to create a working relationship with XYZ Company; and write an unfavorable reply message to ABC Company. Analyzing Messages Businesses used different methods of communication when communicating with other businesses such as email, letters, memos, and proposals. The three messages that will be analyzed are going to be a business proposal, an invitation and recognition from other business. According to "Wisegeek" (2003-2011)...
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... | |THIS DOCUMENT IS LIMITED TO 4 PAGES IN LENGTH | |What This Is | |Templates for creating a brief description of a new project idea, typically used as input to a project portfolio planning process. The goal | |is to not only capture good ideas for new projects, but also to provide a crisp and consistent format that allows new project ideas to be | |rapidly and systematically compared with projects already in the start queue or in operation. | |Several examples are included to show how a proposal form can be used in the early days of a new project idea. Some proposals are used to get | |new ideas into consideration as potential projects, even when only the idea and sketchy idea of its potential return is known. Other more | |detailed proposals go further to include detailed business justification information and first estimates of costs and benefits, so that | |Executive Management can make decisions about whether to fund the project and when. Examples of both are included. | |Why It’s Useful |...
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...1. Introduction 1.1. Purpose of the Document This document provides the business process description, a data storage summary and potential IT solutions. 1.2. General Overview Our general objective is to have a central IT system, for the five DGs involved in research, based on Web technology for the storage and management of the essential proposal data and documents. The general business process is described by the following figure: 1.3. Goal of the negotiation Collection and finalisation of all the documents and information required to produce a contract for a given proposal (for any instrument and funding system of FP6, see Annex 1). Implementation of the recommendations of the experts and requirements imposed by the Commission. 1.4. Characteristics of the negotiation The negotiation is an interactive and iterative process between the Commission on one hand and, mainly, the coordinator on the other hand. In some cases, the Commission communicates also directly with other project partners. Communication means are mail, e-mail, phone, meetings, and might include web-based electronic submission. 1.5. Starting point of the negotiation preparation There is no clearly defined starting point of the preparation of the negotiation. Activities described in section 2 which do not imply contacts with proposal participants may potentially be undertaken before the negotiation authorisation is given 1.6. Starting point of the negotiation The authorisation to negotiate...
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...the Bank of Boston recently discuss how the firm create a effective, all encompassing request for proposal. Kevin Roden, director of consumer banking system, George Swick, project manager of retail workstation infrastructure, indicate that their focus is on business requirements. They conduct a cost-benefit analysis and examine available products and services only after they ensure that a project will meet business requirements. If the project does not directly support the business, it is not pursued. The Bank of Boston had a goal: improve sale and customer service and increase the range of products, such as mutual funds and small business loans, in the bank’s branches. Given their resources and availability resources, they found that it would be more cost effective to outsource much of the work. So they developed two comprehensive requests for proposal (RFPs). The first was for procurement, and installation of the system. The second was for support and maintenance. There were 11 responses to the two RFPs, which were reviewed by more than twenty of various technology and business committees within the bank. IBM and Anderson Consulting were chosen to help with the procurement, deployment, and installation, and IBM was chosen to help with the support and maintenance. The Bank of Boston Branches will be getting a complete facelift: new client/server-based local area net works, new customer service and sales applications software, electronic mail, and remote software distribution...
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...Business Proposal for Stone Goose Company Managerial Communication Mgmt550 Aug 22nd, 2015. Executive Summary: Title Page Pg No.1 Introduction Pg No.3 Summary of proposal Pg No.4 Strengths Pg No.5 Opportunity Pg No.6 The proposal Pg No.8 Benefits and Conclusions Pg No.9 References Pg No.10 Introduction: This business proposal will help us in providing the overall statistics of our international business, Stone Goose Company, currently operating in US, Africa and India. We all know that market trends are changing rapidly and thus is the competition. Every enterprise is coming up with a new strategy to market their products and its becoming difficult to sustain the current market share and expand. But my dear friends this proposal will help us in gaining an upper hand over our competitors. The proposal will highlight the S-Strengths, O-Opportunities and ways to overcome the threats and weaknesses. We will be designing an efficient business strategy to capture the market share. Let all of us be a part of our success story. Summary of the proposal: After reviewing the present market stats and future trends, we are proposing that social media for interacting with potential customers will be a great tool of marketing, as it is inexpensive and we can reach the economies of scale. Awareness plays a very critical role for customer spending’s. The two crucial elements to be focused are: ...
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...Request for Proposal Implementing An Inventory Control System Blooming Business Hermitage, TN (615) 915-2548 Lorraine Huff Lorri1289@live.com PM598 – Summer 2012 TABLE OF CONTENTS 1. INSTRUCTIONS TO BIDDERS 4 Blooming business is a growing company that supplies consumers with seeds ordered from a catalog. We are looking to implement a new inventory control program that will help us to adequately handle our customer’s needs and help to improve the ability to maintain our product stock. 4 1.1. General Description of Work 4 1.2. What Must Be Included with Bid 4 Bidder must be licensed to perform work in the state of Tennessee. 4 Bidder must have a minimum of enter 2 years of experience providing inventory control system programming. 4 Bidder must have at least three (3) non-Bidder owned customer references for whom the Bidder has provided similar services during the past thirty-six (36) months preceding the bid due date. 4 Bidder is expected to examine the specifications, deliver schedule, prices and all instructions of the Request for Proposal or Invitation to Bid 4 Any supplies or equipment offered in a bid must be new and of current technology. 4 Firm prices should be bid and should include any taxes, along with shipping and handling charges. 4 1.3. Schedule of Bid Period Activities 4 1.4. Location of Work 4 1.5. Pre-Bid Meeting 4 1.6. Owner Contact for Questions 5 1.7. Pre-Award Surveys 5 1.8. Sealed Bid Requirements 5 1.10. Ethical...
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...to solve is the new and old employees of the company were making conflicting decisions that can destroy the entire business reputation and the business itself or to fail. The minor problem in the other hand is the employee and top management doesn’t have cooperation to each other. IV. Objectives The very first thing to remember is: Failing to plan is planning to fail, so planning is necessary. a. Short-range Objectives * To have unity in their company that must have a close relationship between the employees and the top management b. Long-range Objectives * To achieve their goal in becoming the number one publishing company who is specializes in collegiate books in all the companies who publish books. V. Area of Consideration/Analysis The hindrances of the problem is the president, Delia de los Reyes, didn’t like the suggestion of one of her partner in the company which is to establish planning and clear-cut policies and programs to guide decision making. Another hindrance is she believes that if she focuses in formulating plans and policies today, she might not have a company tomorrow. In short, for her it is best to solve problems as they happen. VI. Alternative Courses of Action 1. Create a more inviting business proposal to the president so that she will agree in implementing that proposal in her company. Strength: If your proposal is more inviting than before or others. The more she will accept your proposal even though she...
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...1.- WHAT ARE DE MAJOR BUSINESS PROPOSITION FOR WOODMERE AND HOMEHELP TO CONSIDER IN EVALUATING THIS PROPOSAL? The major business proposition for Woodmere and Homehelp to consider within the proposal is the advancement of their company through an advanced and smarter form of managing supplies and customers’ needs. With Homehelp as a major home decorating retailer that’s looking for new ways to improve and Woodmere has the reputation a cliental already in place and are looking to further advance the logistical time based capability. Homehelp major focus has been to deal only with manufacturers and keep cost low and service high. Homehelp also looks to keep a lock on everyday low price and having premium service for the customers. Woodmere has been moving towards looking to invest in information technology to further push their business to a wider audience and even more timely deliveries The case revolves around a sales representative for a top furniture manufacturer, named John Smith. John has had a chance to interact with Nan Peterson, the leader of a product team at a furniture decorating company called Home Help. Home help is concerned by the fact that furniture industry as a whole seems to be lagging behind in terms of logistics operations. Nan believes that John’s company, Woodmere, could collaborate with Home Help to create a logistical capability that is time-based. The collaboration would also result to adoption of a customized delivery system. To make the plan effective...
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