Business

Public and private health insurance plays a very significant role in the delivery and funding or reimbursement of health care services, making it very important that all health care professionals understand, at a minimum, the basics of health insurance. For this assignment, you are required to discuss the following:Provide a definition of both private and public health insurance, and discuss the differences between private and public health insurance.Choose 1 public health insurance program (e.g., Medicare, Medicaid, or Children’s Health Insurance Program), and discuss the basics of that program and the financial impact it has had on health care delivery in the United States.

JOB ANALYSIS; STAFFING; EEO; DIVERSITY Assignment Overview Read The King Company Background and Staffing at the King Company to review information that is needed for this Case 2 assignment. Case Assignment Address the following questions in an essay format which includes an introduction and conclusion (not a Q & A format): How can The King Company reduce labor costs and still save as many jobs as possible? How might up-to-date job analysis information aid King in determining how to reduce labor costs? Discuss the short-term and long-term implications of downsizing.  Be sure to also discuss possible EEO issues that may occur in downsizing.  Introduce information from at least 2 sources from the Trident Online Library to help strengthen and validate your discussion. When possible, provide private-sector employer examples of HRM programs, systems, processes, and/or procedures as you address the assignment requirements. Provide names of the employers. Use different employer examples in this course than what has been used previously in your other papers and courses. Paper length: 3–4 pages (not counting the cover and reference pages). Assignment Expectations Your paper will be evaluated using the criteria as stated in the Case rubric. The following is a review of the rubric criteria:  Assignment-Driven: Does the paper fully address all aspects of the assignment?   Is the assignment addressed accurately and precisely using sound logic? Does the paper meet minimum length requirements? Critical Thinking: Does the paper demonstrate graduate-level analysis, in which information derived from multiple sources, expert opinions, and assumptions has been critically evaluated and synthesized in the formulation of a logical set of conclusions? Does the paper address the topic with sufficient depth of discussion and analysis? Business Writing: Is the essay logical, well organized and well written? Are the grammar, spelling, and vocabulary appropriate for graduate-level work? Are section headings included? Are paraphrasing and synthesis of concepts the primary means of responding, or is justification/support instead conveyed through excessive use of direct quotations? Effective Use of Information: Does the submission demonstrate that the student has read, understood, and can apply the background materials for the module? If required, has the student demonstrated effective research, as evidenced by student’s use of relevant and quality sources? Do additional sources used provide strong support for conclusions drawn, and do they help in shaping the overall paper? Citing Sources: Does the student demonstrate understanding of APA Style of referencing, by inclusion of proper citations (for paraphrased text and direct quotations) as appropriate? Have all sources (e.g., references used from the Background page, the assignment readings, and outside research) been included, and are these properly cited? Have all sources cited in the paper been included on the References page? Timeliness: Has the assignment been submitted to TLC (Trident’s learning management system) on or before the module’s due date?

In the last 10 years, there have been a number of high-profile incidents in which companies have adversely impacted investors and their own profitability because of measurement error or measurement bias in financial statements and reports. For this discussion, research such an incident within the last five years using credible news and financial publications (e.g., Bloomberg, The Financial Times, The Wall Street Journal, The Economist). After you choose and research your incident, answer the following questions: Was the incident you chose an instance of measurement error or measurement bias? What action did the company take that resulted in error or bias? What were the consequences of the action? What steps, if any, did the company take to rectify the situation? What steps might the company have taken to improve accounting quality? **This class is an accounting financial analysis class.  Therefore, I will need this directly related to financial reports and statements.

Present your answers to the problem below in a Word document, and also upload an Excel file with your computations. Excel is required for Questions 2 and 3. Excel is optional for Questions 1 and 4, but you are required to show your steps for all quantitative problems. Even if you get the answer wrong, you can still get partial credit if you show your work. Calculate the following: Suppose you wish to raise some money for your favorite local charity. This charity needs $50,000 a year to run its operation and you want to make sure that it is ensured an annual payment of this amount from now on for every year in the foreseeable future. Given an interest rate of 5%, how much would you have to fund this perpetuity to guarantee the charity a payment of $50,000 per year? You decide to put $1,000 in a new bank account and don’t plan to withdraw the money for 10 years. If your bank does continuous compounding and the interest rate is 1%, what will be the value of this bank account in 10 years? Suppose you won the lottery but not all of your winnings will come in one year. Instead, you will get a series of annual payments over the next five years. The table below tells you what your payment will be every year for the next five years. Use the information in the table to make the following computations: The present and future value of your lottery ticket if the interest rate is 8% The present and future value of your lottery ticket if the interest rate is 10% Year Payment 1 5000 2 6000 3 7000 4 8000 5 9000 The table below gives the probability of different returns for three different assets. Using this table, calculate the following: The expected return of each asset The standard deviation of returns of each asset The coefficient of variation of each asset Based on your answers to B) and C) above, which asset has the highest total risk and highest relative risk? Asset A Asset B Asset C Probability Return Probability Return Probability Return 0.3 5 0.1 25 0.1 4 0.4 8 0.3 20 0.8 5 0.3 9 0.5 15 0.1 6 0.1 14 Suppose the market return is 8%, the risk-free rate is 1% and the beta for a given stock is 1.2. Answer the following questions based on this information: What is the required return for this stock? If the beta increases by 50% (but risk-free rate remains 1%), what will be the new required return for the stock? What is the percentage-wise change in required return compared to your answer to A) above? If the market return increases by 50% (but beta remains at 1.2), what will be the new required return for the stock? What is the percentage-wise change in required return compared to your answer to A) above? Suppose there are three different companies. The first one, Trendy Tech Inc., has investors who are “fair-weather friends.” When the stock market is going up, everybody wants to invest in Trendy Tech, but as soon as the market goes down everyone jumps ships and sells their shares. The second company is Oily Oil Inc. Oily’s stock price seems to depend only on the price of oil and nothing else. Finally, there is Conglomerated Conglomerate Inc. Conglomerated is a giant company with holdings in almost every industry imaginable—from cell phones to grocery stores and even amusement parks. Based on this information, which company would you think has the highest beta? The lowest beta? Which one do you think has a beta closest to 1? Assignment Expectations Answer the assignment questions directly. Stay focused on the precise assignment questions. Do not go off on tangents or devote a lot of space to summarizing general background materials. For computational problems, make sure to show your work and explain your steps. For short answer/short essay questions, make sure to reference your sources of information with both a bibliography and in-text citations.

Final Project, Part II: Evaluate a Quantitative Study For Part II of your final project, you will comprehensively evaluate an article of your choice that reports on a quantitative study. (Remember, a quantitative study uses numbers as data.) Locate an article in the professional literature that addresses a topic you are interested in. Remember to use the Area of Interest interactive (Links to an external site.) to guide you in the selection process. The article you select should describe a quantitative study and should have all or most of the expected sections, either with their own headings or embedded in the article: Introduction, Literature Review, Methods, Results, and Discussion. In writing your evaluation of the article, you will use Section 5.7 in your text. Do not simply tell what is in the article, but evaluate it using the questions in your text. Explain and justify your evaluation based on specific examples from the article. Your paper should be 2100-2800 words in length (not counting the title, abstract, and reference pages) and comprehensively evaluate an article of a quantitative study. Use proper APA formatting and good writing and organization in your evaluation paper. The following questions may help you in evaluating your articles, though you do not have to follow this format exactly. Evaluate the Introduction and Literature Review. Do the researchers present an adequate rationale for conducting the study? Explain. What is the significance of the study?  What difference will it make to the field? Is the literature review thorough and comprehensive? Do the researchers demonstrate any potential biases in the literature review? Are all-important concepts clearly defined by the researchers? Do the researchers clearly describe previous methods that are relevant to understanding the purpose for conducting this study? Evaluate the Purpose Statement and Hypothesis. Does the article clearly state the purpose statement? What is the purpose statement as expressed in the article? Is the purpose statement clearly based on the argument developed in the literature review? Are the variables of interest (i.e. independent and dependent) clearly identified in the purpose statement? What type of hypothesis is presented (alternative nondirectional, alternative directional, or null hypothesis)? Do the investigators provide a clear rationale for the direction of their hypothesis, based on the literature review? Is the hypothesis testable and falsifiable? Is the hypothesis stated with brevity and clarity? Evaluate the Methods Section. What type of sampling method is used?  Is that appropriate? Are relevant demographic characteristics of the sample clearly identified? Do the methods of sample selection used by the researchers provide a good representative sample, based on the population? Are there any apparent biases in selection of the sample? Is the sample size large enough for the study proposed? Is a particular quantitative research design used (e.g. true experimental, quasi-experimental, etc.)? If so, what is it? Is the research design consistent with the purpose and hypothesis presented in the introduction? Are the independent variables clearly defined so that they can be replicated using the information provided in the procedures section? What are some of the potential threats to internal validity?  How are they threats? What are some of the potential threats to external validity?  How are they threats? Is there a clear and adequate description of the instrument (data collection measures) used? What types of measures were used in the study (direct observation, behavioral measures, self-report, etc.)? What are some of the potential problems or limitations with the types of measures used? To what extent are the instruments standardized, and what types of standardized scoring were used? Does the instrument appear to be appropriate for the sample? Is the reliability of the instrument reported?  Is the reliability adequate? What types of validity are reported for the instrument used?  Is the validity adequate? Evaluate the Results Section. What descriptive statistics were used?  Do the researchers adequately describe the sample? What types of inferential statistics were used? Are the inferential statistics used adequate to answer the research hypotheses or questions? Is the analysis method clearly described? Evaluate the Discussion Section. Do the researchers clearly restate the purpose and research questions? Do the researchers clearly discuss the implications of the findings and how they relate to theories, other findings, and actual practice? Do the researchers identify potential limitations of the study and the results? Do the researchers identify possible directions for future research? Remaining Questions. What aspects of quantitative methods do you still find challenging? Was there any information in the above list that you were not able to find in the article you chose?

Suppose the end of the semester is approaching and you have exams to prepare for in economics, calculus, and history. Further suppose that your primary goal is to maximize your grade point average. Explain how the equi­marginal principle might be used to help you allocate your study time. 11. Discuss: “The crime associated with the drug trade is due to the illegality of the drugs, not due to drugs per se. As such, if you want to bring down crime in the United States, you should legalize drugs such as marijuana and cocaine.” 19. Define and give examples of psychic income and psychic costs and explain how they influence decision making.  20. Based on the equimarginal principle, do you think that a reallocation of the current government’s crime prevention budget could lead to a fall in crime rates? Please provide (at least) a half page answer for each question.

Direct and Indirect Compensation Organizations must make strategic and tactical decisions regarding a complete compensation and benefit package to ensure recruitment and retention of employees who perform well in their positions. Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas: Discuss the purpose of compensation and benefits from the organization’s viewpoint. Provide examples of strategic and tactical recommendations that an HR specialist might make to senior leaders with regard to direct and indirect compensation.

Prepare a 3-4-page plan that states your recommended course of action and analysis to leadership for selecting a performance appraisal system in the provided scenario. Workplace appraisal systems are extremely challenging and the differences among appraisal systems are quite significant. Although intended to be beneficial for HR-related decision making and a vehicle for determining raises, promotions, training, retention, and much more, most people see workplace performance appraisal systems as an uncomfortable and disagreeable process. The reasons for these perspectives by employees, supervisors, and HR professionals typically have to do with incomplete or inaccurate choice of performance appraisal methods. In this assessment, the SHRM behavioral competencies of Leadership and Organizational Navigation and Consultation and Critical Evaluation as well as the HRM content knowledge areas of Workforce Planning and Employment and Human Resource Department will be important for supporting your recommendation for a new performance appraisal system. Introduction Scenario You are a newly hired HR professional in a medium-size community hospital, which is in a growing mid-western city. The hospital is a general health care services setting with no competition in the local area. The hospital has board-certified fellowship medical professionals who offer superior care to all the hospital’s patients. The mission of the hospital is to support a comprehensive range of health care for the local community and surrounding area.  The hospital has grown from two HR staff members to six HR professionals supporting over 700 employees and the same performance appraisal system has been in place for several years. The hospital administration team is not all that comfortable with any system of appraisal but has accepted that one is required. The hospital currently has a healthy employee engagement program. Part of the program is a yearly organizational satisfaction survey that over time has provided employee input about what they perceive as a lack of performance appraisal effectiveness. Some employees feel the current performance appraisal system is not capable of identifying struggling employees. The same small group of employees feel that the current performance appraisal system is inflated. At the same time, it is also described as not having the capacity to recognize the best performers in the organization. There is a stated desire from a small minority of employees for a performance appraisal system that can better differentiate performance outcomes. This is particularly important in an organization with a broad spectrum of health care professionals who range from surgeons to custodial staff, all essential to the hospital’s success. The current performance appraisal system is similar to the traditional academic evaluation system and it has five levels of performance: superior, outstanding, contributing substantively, developing, and needing improvement. The leadership in the hospital insists that a new three-level (3-superior, 2-contributing substantively, and 1-needing improvement) will favorably respond to the employees’ viewpoint. This new appraisal system that tracks the assignment of each performance level by employee would limit how many threes would be given every year, thus most people in the organization would fall into the category of proficient. This has led to loud feedback from a majority of employees who feel they are not accurate recognized or valued. In fact, the new performance appraisal has negatively impacted overall employee morale.  Your Challenge As an HR professional in the organization, you desire the best outcome for your organization and its employees, and are not sure if this three-level system would be best. Your challenge is to select the best course of action among the following options and recommend that action to the leadership team. You can recommend 1) they retain the current five-level performance appraisal system, 2) they adopt the three-level system with forced-distribution preferred by the leadership team (3-superior, 2-contributing substantively, and 1-needing improvement), or 3) they adopt an alternative appraisal system from any source. Instructions Prepare a 3–4-page plan that states your recommended course of action. Along with your recommendation, include the following:  Analyze how your proposed HR solution to an HR challenge contributes to organizational goals and strategies. Identify 5–6 performance appraisal systems and their attributes and then select one type for the third alternative in this scenario before making a decision. Weigh the impact on each group as you consider the three options. The majority did not complain about performance appraisal inflation and the minority did. What are the implications of rejecting the minority’s request for what they see as a rational and effective system? What are the consequences of having a majority or employee-rated system? Include the barriers, consequences, or outcomes that you see for the course of action you have chosen. Explain the role of the HR practitioner in advancing a proposed HR solution. Briefly explain the role you will take to influence the eventual outcome. Consider aspects of leadership, negotiation, and consultation. Discuss the application of any SHRM behavioral competencies to the process of solving an HR challenge. Which SHRM behavioral competencies do you think are most directly applicable to a successful resolution of this challenge, and why? Additional Requirements The deliverable for this assessment applies professional skills in HRM to workplace situations that you will likely encounter in your day-to-day work in HRM. As part of your learning, we focus on the development of effective professional communication skills for the workplace. Your assessment should meet the following additional requirements: Length: Your plan should be 3–4 typed, double-spaced pages, plus the cover and resources pages. The first page should be a cover sheet with your name, the course number, assessment title, and date. No other information is required on this page. The last page should be the reference list. Organization: Make sure that your assessment writing is well organized, using headings and subheadings to organize content for the reader. Font and font size: Times New Roman, 12 point.  Resources: Use 2–10 resources from peer-reviewed articles. Evidence: Support your assertions with data and/or in-text citations. APA formatting: Resources and in-text citations are formatted according to current APA style and formatting. Written communication: Support main points and recommendations with relevant and credible evidence. Address the appropriate audience, using familiar, discipline-specific language and terminology. Use spell-check and other tools to ensure correct spelling and grammar. Note: Faculty may use the Writing Feedback Tool when grading this assessment. The Writing Feedback Tool is designed to provide you with guidance and resources to develop your writing based on five core skills. You will find writing feedback in the Scoring Guide for the assessment, once your work has been evaluated. Faculty Comments: Please note that to earn a proficient score for this objective, you will need to: Analyze 5–6 performance appraisal systems and their attributes and then select one type for the third alternative in this scenario before making a decision. Weigh the impact on each group as you consider the three options. The majority did not complain about performance appraisal inflation and the minority did. What are the implications of rejecting the minority’s request for what they see as a rational and effective system? What are the consequences of having a majority or employee-rated system? Include the barriers, consequences, or outcomes that you see for the course of action you have chosen. I would like to see your content developed to clearly analyze the evaluation system choices presented in the scenario, and analyze how your choice contributes to the goals and strategies of the organization over the others, as this is not fully clear based on the information provided. Please note that when you are asked to analyze information you are required to include supporting information from the research you conduct, and I would like to see this developed further in your assignment. Proficient Analyzes how a proposed HR solution to an HR challenge contributes to organizational goals and strategies. Distinguished Analyzes and provides examples of how a proposed HR solution to an HR challenge contributes to organizational goals and strategies.

Please answer each question with (at least) a half page response.  5.Explain how the Social Security system creates economic incentives for early retirement. Is this a positive or negative aspect of the OASDI program? Defend your answer. 6. Which current proposal to save the Social Security system do you prefer? Defend your answer using economic reasoning. 9. Many argue that health care is a right and thus should not be denied to anyone. Evaluate this argument. 19. Has the Affordable Care Act been successful in increasing access to health care for Americans? Illustrate your answer with recent data.

Engagement surveys are commonly used across many industries to provide business insight in multiple areas of the employee experience. These surveys are typically anonymous, in an effort to increase the survey response rate and to encourage honest employee feedback. Whether an organization decides to distribute an in-house engagement survey, or an external provider administers a survey, the organization determines the areas of focus for each survey questions. As an HR Talent Manager preparing for an employee engagement survey, what areas of talent management would you choose to include? For each area of talent management selected, what data would you seek to gather in the survey responses? How would this data be used for business analytics purposes? Which employee demographical questions would you choose to include and why? How often would you ideally repeat this survey? Do you foresee any challenges in data collection/analytics? REFLECTION ASSIGNMENTS Criteria Ratings Pts   Length and Quality: 20.0 pts Reflection is at more than 3 pages long and there is a strong application of acquired knowledge in the reflection (ex. referring to both content learned in the course and knowledge/experience acquired outside of the course). Format: 10.0 pts Appropriate use of Reflection format (ex: including a cover page, abstract and conclusion) APA Style of References, Spelling, and Grammar: 10.0 pts Clear evidence of APA style format. Proper spelling and grammar. Timeliness: 10.0 pts Reflection submitted on time   Total Points: 50