For a project management class.
Don’t bid unless you read the instructions.
APA STYLE
Textbook attached.
Original work only
References should be journal papers(preferred). From google scholar for example.
Instructions attached.
PLEASE NOTE: MUST BE 100% ORIGINALWORK, NEVER SOLD BEFORE! PLAGIARISM WILL BE DISPUTED!
Please check for plagiarism before sending:
Entrepreneurship
Jim Poss Case (end of Chapter 3). His company, Seahorse Power Company, is an engineering startup specializing in environmentally friendly methods of power generation.
Poss had designed and done initial test marketing of a trash compactor, designed to reduce the frequency and energy expense of trash collection. The case discusses the opportunity and the technology and poses the following questions:
1. Apply the Timmons entrepreneurship framework (entrepreneur-opportunity-resources) to analyze this case
2. Discuss Jim Poss’ fundraising strategies. What other options might be considered for raising the funds SPC needs? Is this a good investment?
3. Discuss the growth strategy. What additional market(s) should Poss pursue?
A syllogism is a type of logical argument that uses deductive reasoning to come to a conclusion. There are many types, but for this task, you will use a categorical syllogism.
Categorical syllogisms: This type of syllogism assumes if A is a part of C, then B is a part of C (A and B are members of C).
You can organize the syllogism in three sentences:
1. Your employer wants to promote a productive and logical work environment. To organize your thoughts and ideas in a coherent manner, you must practice your cognitive skills on a daily basis. To practice the process of creative problem solving, your boss has asked you to create two categorical syllogisms about a hypothetical everyday problem. For example, you are regularly late for work.
2. For your third and final syllogism, your boss wants you to introduce a new minor premise that would provide a logical solution to the problem. By engaging in this process, you will become more accustomed to attacking issues in a cogent manner, making you an even more valuable member of your company.
3. Your boss is looking to fill a new manager position and will use the best presentation as a tutorial for the rest of the staff. Create a presentation using PowerPoint or another visual medium that will communicate your ideas most effectively. Using innovative visuals or more advanced storytelling media might get you the promotion!
4. Finally, provide a short reflection on the collective process using whatever media best suits your idea to your boss. For example, use a brief email, word document, or another multi-media piece.
Now that you have gained an understanding of Red Carpet, Leroy has asked you to join in on a preliminary meeting with the VP of HR and other members of the organization to discuss change. The meeting was very tense because many employees are unsure of their role in the change process. In fact, the VP of HR has not settled yet on what type of change is needed or how to start up the change process. After the meeting, Leroy asked you to prepare an executive summary that could be provided to the VP of HR that would help to address these concerns.
Review the Red Carpet scenario for this course and prepare a 750–1000 word executive report that includes the following:
750-1000 words
– Describe how the crisis impacted other businesses.
– Choose an industry that was hit the hardest or one that benefited from the collapse and describe how managers in that industry responded to the events.
– Provide examples of lessons managers need to keep in mind in the post-2008 business environment.
– Explain whether or not an event of this magnitude could occur again, given regulations implemented after the crisis.
– Explain if the American economy is weaker or stronger today as a result of the Lehman Brothers’ bankruptcy and resulting reforms and provide an explanation.
– Provide an example of how this monumental bankruptcy and the resulting credit crisis affected you or someone you know. For instance, you could share a decision you made about your career or investments, or how someone you knew or their business or management decisions were affected.
– Use five quality academic resources, three of which must come from your Week 3 Literature Review. Cannot be Wikipedia, Investopedia, etc. Usage of the Strayer University Library is strongly recommended.
Describe the historical pattern of growth of the worldwide human population since our origin. Include in this historic overview the changes that have happened technologically, medically, culturally and nutritionally to result in major population changes over time. Relate the growth of the human population to our ecological footprint and explain the idea of limits to population growth known as the carrying capacity. Relative to carrying capacity, what may result from unbridled continued growth of our population? How does the size of the human population contribute to environmental degradation? Why must we take the human population size into account when we attempt to develop environmental restoration projects?
Now that you have gained an understanding of Red Carpet, Leroy has asked you to join in on a preliminary meeting with the VP of HR and other members of the organization to discuss change. The meeting was very tense because many employees are unsure of their role in the change process. In fact, the VP of HR has not settled yet on what type of change is needed or how to start up the change process. After the meeting, Leroy asked you to prepare an executive summary that could be provided to the VP of HR that would help to address these concerns.
Review the Red Carpet scenario for this course and prepare a 750–1000 word executive report that includes the following:
750-1000 words
– Describe how the crisis impacted other businesses.
– Choose an industry that was hit the hardest or one that benefited from the collapse and describe how managers in that industry responded to the events.
– Provide examples of lessons managers need to keep in mind in the post-2008 business environment.
– Explain whether or not an event of this magnitude could occur again, given regulations implemented after the crisis.
– Explain if the American economy is weaker or stronger today as a result of the Lehman Brothers’ bankruptcy and resulting reforms and provide an explanation.
– Provide an example of how this monumental bankruptcy and the resulting credit crisis affected you or someone you know. For instance, you could share a decision you made about your career or investments, or how someone you knew or their business or management decisions were affected.
– Use five quality academic resources, three of which must come from your Week 3 Literature Review. Cannot be Wikipedia, Investopedia, etc. Usage of the Strayer University Library is strongly recommended.
Complete the following homework scenario:
Required:
Compare the results of the three (3) methods by quality of information for decision making. Using what you have learned about the three (3) methods, identify the best project by the criteria of long term increase in value. (You do not need to do further research.) Convey your understanding of the Time Value of Money principles used or not used in the three (3) methods. Review the video titled “NPV, IRR, MIRR for Mac and PC Excel” (located at https://www.youtube.com/watch?v=C7CryVgFbBc and previously listed in Week 4) to help you understand the foundational concepts:
Scenario Information:
Assume that two gas stations are for sale with the following cash flows: CF1 is the Cash Flow in the first year, and CF2 is the Cash Flow in the second year. This is the timeline and data used in calculating the Payback Period, Net Present Value, and Internal Rate of Return. The calculations are done for you. Your task is to select the best project and explain your decision. The methods are presented and the decision each indicates is given below.
InvestmentSales PriceCF1CF2Gas Station A$50,000$0$100,000Gas Station B$50,000$50,000$25,000
Three (3) Capital Budgeting Methods are presented:
Summary of the Three (3) Methods:
Prepare a professional document to present to the VP of Radiology which will include separate tables for each of the following:
1. Prepare a statistics budget summary by procedure and payer
2. Prepare a gross and net revenue worksheet by procedure and payer. Hint: prepare a table for each procedure and then one for the total of all procedures.
3. Prepare an expense worksheet based on the volume increases and the rate increases for each of the three types of expenses. Do not separate the expenses by procedure only by type of expens
Brookside Hospital: preparing a departmental budget from the given data
Brookside Hospital’s imaging for hand, foot and forearm is a sub-unit of the Radiology department. They project ending the current year (2017) with 2,000 total procedures broken down as follows:
Procedure
Time Required
Volume proportion
Rate
(Charge)
Hand imaging
10 minutes
60%
$100
Foot imaging
20 minutes
30%
$300
Forearm imaging
30 minutes
10%
$400
This sub-unit accounts for 20% of the Radiology department’s current expenses of $1,225,000 broken down as follows:
Expense
Amount
Labor
$425,000
Imaging Materials
$300,000
Overhead
$500,000
Total
$1,225,000
Payer
Volume proportion
Reimbursement
Medicare
50%
70% of charges
Medicaid
20%
50% of charges
Managed care
20%
80% of charges
Self Pay
10%
100% of charges *
* 20% of the self pay result in charity care
Payer Mix and Reimbursement is as follows:
Budget Assumptions for 2018:
· Volume increase is expected to be 10% with the same procedure mix
· Due to volume increase, all three expenses are expected to increase 10%, in addition:
· Labor rates are expected to increase 5% due to merit increases
· The cost of Imaging materials are expected to increase 6%
· Overhead rate is expected to stay the same
Required:
Prepare a professional document to present to the VP of Radiology which will include separate tables for each of the following:
1. Prepare a statistics budget summary by procedure and payer
2. Prepare a gross and net revenue worksheet by procedure and payer. Hint: prepare a table for each procedure and then one for the total of all procedures.
3. Prepare an expense worksheet based on the volume increases and the rate increases for each of the three types of expenses. Do not separate the expenses by procedure only by type of expense.
4. Prepare a summary income statement for overall revenues and expenses. Include appropriate header.
Rubrics:
Problem 1: 25%
Problem 2: 25%
Problem 3: 25%
Problem 4: 25%e.
4. Prepare a summary income statement for overall revenues and expenses. Include appropriate header.
