Question

In: Operations Management

Some industries are cutting back on benefits because of globalizaton and global competitiveness. Will globalizationaffect benefits...

Some industries are cutting back on benefits because of globalizaton and global competitiveness. Will globalizationaffect benefits offered in healthcare organizations, or is the benefits structure in healthcare insulated from these global pressures? Explain your answer in detail. Your response should be 3-4 paragraphs.

Solutions

Expert Solution

Globalization can affect benefits offered in healthcare organizations because other countries have better health insurance benefits. The U.S. can take these ideas from different countries and try to implement them into their own health insurance benefits plan.

This is the biggest benefit of globalization because of following reasons :-

  • It helps in generating new Ideas
  • Helps in modifying the existing ideas
  • Can offer better services to the   customers or patients

Globalization not only bring good from out side the country but because of the pressure the existing organizations also able to improve there services which will give benefit to the end users only. And help the organization to bring best out of them as well.

This is right that globalization is creating problems for local organization but the truth is through this many people are getting benefits if you compare the final result in health care industry.


Related Solutions

Size of the firm is closely related with competitiveness of the firm, particularly in a global...
Size of the firm is closely related with competitiveness of the firm, particularly in a global market. Using the concept of minimum efficient scale (MES) at long run average cost curve explain why firms in some industries can have market power to set price strategically than firms in other industries.
Size of the firm is closely related with competitiveness of the firm, particularly in a global...
Size of the firm is closely related with competitiveness of the firm, particularly in a global market. Using the concept of minimum efficient scale (MES) at long run average cost curve explain why firms in some industries can have market power to set price strategically than firms in other industries.
In this age of globalization, some gurus argue that all industries are becoming global and that...
In this age of globalization, some gurus argue that all industries are becoming global and that all firms need to adopt a global standards strategy. Do you agree? Why or why not? Illustrate your points with relevant examples. Could you please tell me how to write this essay ? Such as essay structure and details of points.
Star Computer is manufacturing computer in a local market. Because of the competitiveness of the market,...
Star Computer is manufacturing computer in a local market. Because of the competitiveness of the market, the CEO wants to begin by considering about the pricing of the computers to ensure that selling expensive products at the wrong price is not compromising profit margins. The computers are individually specified by customers for each order and pricing has been on a production cost plus a mark-up of 45%. At present the company uses an absorption costing system based on labor hours...
What is the global competitiveness of Brazilian multinationals. Does the fact that Brazil has a pretty...
What is the global competitiveness of Brazilian multinationals. Does the fact that Brazil has a pretty closed economy influence their global strategy?
the word economic forum as well as the global competitiveness ranking has adjuged the SMEs in...
the word economic forum as well as the global competitiveness ranking has adjuged the SMEs in the country to have declined steadily from 8.0% in 1980 to 2.2% in 2014 a) what reasons led to this dismal performance and even closure of businesses in the country? b) what are the features an enterpreneur has to bear in mind before venturing into a business?
Wha happens to the global competitiveness landscape when automation reduces the labor cost?
Wha happens to the global competitiveness landscape when automation reduces the labor cost?
Some colleges have pushed back the starting time of morning classes because students were not getting...
Some colleges have pushed back the starting time of morning classes because students were not getting enough sleep. A random sample of 46 college students had an average of 6.54 hours of sleep with a standard deviation is 1.90 hours. Compute and interpret a 98% confidence interval for the population mean amount of sleep that college students get per night. Also determine the critical values and calculate the margin of error.
1. Some colleges have pushed back the starting time of morning classes because students were not...
1. Some colleges have pushed back the starting time of morning classes because students were not getting enough sleep. A random sample of 46 college students had an average of 6.54 hours of sleep with a standard deviation is 1.90 hours. Compute and interpret a 98% confidence interval for the population mean amount of sleep that college students get per night. Also determine the critical values and calculate the margin of error. 2.The Travel Channel wants to conduct a survey...
Subject : INNOVATION MANAGEMENT FOR GLOBAL COMPETITIVENESS 3. How has innovation become engrained in your organization's...
Subject : INNOVATION MANAGEMENT FOR GLOBAL COMPETITIVENESS 3. How has innovation become engrained in your organization's culture, and how is it being optimized
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT