The power and politics school of thought expresses concerns over how to define “power and politics.” Delineate the differences between the terms “power and politics.” What are the types of power found in public organizations? How is power achieved in the organization? How does power become authority? How may power and politics be balanced?
In: Operations Management
The number of hours per week that high school seniors spend on computers is normally distributed with a mean of 5 hours and a standard deviation of 2 hours. 70 students are chose at random, let x̅ represent the mean number of hours spent on a computer for this group. Find the probability that x̅ is between 5.1 and 5.7.
In: Statistics and Probability
9.9. Is gender independent of education level? A random sample of people were surveyed and
each person was asked to report the highest education level they obtained. Perform a hypothesis
test. Include all 5 steps.
| High School | Bachelors | Masters | |
| Female | 30 | 60 | 54 |
| Male | 25 | 40 | 44 |
In: Statistics and Probability
You have been asked to participate on a committee charged with designing the ideal middle school. Given your knowledge of the developmental stages adolescents are traversing at this age, discuss three recommendations you would offer to promote the social, emotional, and academic development of the students and the rationale for each recommendation. (detailed answer please)
In: Psychology
What is the purpose of hypothesis testing? Do you see any relevance to hypothesis testing in your daily life? This could be school life, personal life, or work life. Start with work life and give us a description of 2–3 scenarios where hypothesis testing may be beneficial for decision-making.
In: Math
Performance:
How has your teaching improved? Are you a “reflective practitioner”? Do you continually evaluate the effects of your choices and actions on your students, families, school, and local community? How would a supervisor rate your practice based on Danielson’s Framework for Teaching, components 4a and 4e? Explain.
In: Psychology
Would your school or place of work benefit from cloud computing? Identify at least two cloud computing vendors and research their features and costs. Then, examine one element of your chosen network’s infrastructure and apply it to cloud computing. Would it be feasible to migrate to the cloud? Would it be cost effective? Why or why not?
In: Computer Science
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(Case: Global Treps) You have been selected as the project manager for the Global Treps project. You helped to run a local shark tank like event at your college last year as part of a class project, so you have a general idea of what is involved. The schedule goal is six months, and the budget is $120,000. Your favorite professor, Dr. K., and a few of her associates have agreed to fund the project. Your strengths are your organizational and leadership skills. You are a senior, live on-campus, and get free room and board by being a resident assistant in your dorm. Bobby, a computer whiz who funded a lot of his college expenses by building websites, will be your main technical guy on the project. He goes to your college and lives off-campus. Three other people will form your core project team: Kim, a new college grad now working for a non-profit group in Vietnam; Ashok, a business student in India; and Alfreda, a student in the U.S. planning to visit her home town in Ethiopia for two months in a few months. You will hold most meetings virtually, but you can meet face-to-face with Bobby and Dr. K. as needed. You have all known each other for at least a year and are excited to make this project a success. You and your team members will do the work part-time while you finish school or work at other jobs, but you can use up to $50,000 total to pay yourselves. You estimate that you will need another $30,000 for travel expenses, $20,000 for hardware and software, and the other $20,000 will go toward organizing events, consultants, legal/business fees, etc. Your goal is to develop a fully functioning website and test it by holding four events in four different countries. You’ll make improvements to the site after those events, develop plans to scale it up, and recommend how to transition the project results into a successful business. Note that you decided not to include the idea of providing an online version of the event as part of the initial project as your sponsor and team decided that physical events would be most effective. You have also decided to limit the scope of this first project to provide the ability for 20 organizations to create their own custom websites. Your team members will screen the organizations and assist people in using the site to plan their events. You plan to hold four shark tank like events within four months, using your team members abroad to help organize and run those events, plus one at your college. Your semester has just started, so you plan to hold your event at the end of the term. The project will fund refreshments for the events and prizes for the winners, with a budget of $1,000 for each event. You don’t think you’ll get any donations via the new website before these events, but you’ll try to have it set up to accept donations by the last month. You will create some short videos to show people how to use the site and provide suggestions for holding the events. After testing the site and getting customer feedback, you will make some changes and document recommendations for a follow-on project. You will also create a business plan recommending how to transition this project into a real business that can make a profit after two years. Assume that you would pay for a new website and account through an online provider. Bobby would do most of the customization/programming for the site, but you would consider outsourcing or purchasing services to provide some of the capabilities like accepting donations and developing the short videos on the site. You would also buy a new laptop and Internet access for your three team members abroad so that they could share information with their contacts in those countries. You and Dr. K. want to attend all of the events as part of the project, and you might include a full face-to-face meeting with the whole team if possible. |
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(Direction) Prepare a draft project charter for the Global Treps project. You will be the project manager, and Dr. K. will be the project sponsor. Other team members will include Bobby, Ashok, Kim, and Alfreda. You plan to hold four shark tank like events plus develop the Global Treps site and application. If necessary, you can identify additional stakeholders, their roles, and responsibilities and include them in the Table on Roles and Responsibilities. |
In: Economics
1. The year is 1999 and the Ethical Pharmaceutics Company has just received FDA approval for high risk angioplasties and is bringing AngioMin to the market early January 2000 at the price of $200. The cost of manufacturing a single dose of AngioMin is $40. The key benefit of AngioMin is reduced side effects, complications, and risk of death following angioplasty. These benefits are most pronounced in the very high risk patients. Ethical Pharmaceutics Company’s marketing department decided to focus on the top 100 hospitals in the US where 80% of angioplasties are performed. In 2000 there will be 700,000 angioplasties and this number is expected to grow at 5% each year. 50% of all angioplasties are high risk and 20% of high risk angioplasties fall into the “very high risk” category. Ethical Pharmaceutics Co. is planning an aggressive marketing campaign to get on hospital formularies because (1) AngioMin’s patent protection will expire in late December 2010, after which point sales would immediately go to zero, (2) while there is no chance a better substitute will enter the market in 2000, Ethical Pharmaceutics Co. management estimates a 20% probability for each year 2001-2010, that a new significantly better than AngioMin drug will be brought to market and will replace AngioMin in any hospital that was using AngioMin at the time. Please help the Ethical Pharmaceutics Co. management determine the maximum total marketing budget for an average top hospital for educating, sponsoring travel to continuing-medical-education conferences in Hawaii, wining and dining hospital administrators, doctors, nurses, pharmacists, and their families to get AngioMin on the hospital formulary. (These practices are currently disallowed in the industry based on the voluntary pharmaceutical industry guidelines covering direct-to-physician marketing practices, but were fully acceptable and were widely used in the industry in the 1990s to early 2000s).
Please help the Ethical Pharmaceutics Co. marketing team estimate
a) CLV (customer lifetime value) of an average top hospital acquired in 2000, assuming that all high risk patients will get 1.5 doses of AngioMin during the angioplasty procedure
b) CLV of an average top hospital acquired in 2000, assuming that only very high risk patients will receive AngioMin (on average 1.5 doses will be needed per procedure)
c) To help the marketing team communicate the time value of acquiring hospitals as early as possible, calculate the net present value in 2000 of an average top hospital acquired in 2005. Assume that this hospital would administer AngioMin only to very high risk patients (on average 1.5 doses). Note that this is only possible if the new better substitute is not brought to market by 2005 and make sure that your calculations reflect this fact.
In: Economics
This is the introduction to the Think Tank Opioid Epidemic. The United States is in the grips of a health care crisis. Beginning in the 1990s pharmaceutical companies increased the number of prescription painkillers on the market, including new lines of pain killers that were advertised as being non-habit forming, not addictive.
Doctors began to prescribe more painkillers for injury treatment but also for a new and growing medical practice of pain management. It turned out that a number of the painkillers prescribed including Oxycontin were addictive for many people. The result was that many have become addicted to prescription painkillers, some because
they abused prescriptions but many who simply followed doctors' orders in taking what turned out to be a highly addictive substance. There have been lawsuits brought against some of the pharmaceutical companies that make these addictive painkillers. But does that solve all the problems?
Were the right people sued? In other words, who's really responsible for the crisis and how can people get themoney needed to deal with the fallout now? Begin by identifying the parties involved. Start with the private transaction, which is not the lawsuit against the pharmaceutical company.
It's the business transaction at the base of everything. Identify the private benefits and costs. Then think about the public parties, everyone impacted by the opioid crisis, and identify the public benefits and costs. The final step is devising a legal solution that will fix the alignment between private
and public. The first part of your Think Tank project will involve the earlier steps where you identify. The second part will involve the last step, devising a legal solution, and explaining it with an economic model. Keep these things in mind as you begin reading the articles.
Think Tank Project Part 1
Who are the private parties/actors? Think about who is involved in the initial business transaction. This is probably different from the activity that is the focus of the legal issue.
What are the benefits for each private actor/party? What are the costs to each?
Who are the public parties/actors? Think about who is harmed and who benefits by the initial transaction that is not a party to that initial transaction.
What are the benefits for each public actor/party? What are the costs to each?
What is the market inefficiency? Refer to the book and explain the market inefficiency of your issue in those terms.
Compare the private transaction to the public. Overall, do you think there is a social benefit or a social cost to what's happening? You can change your answer in the final draft. Your goal now is to track your thought process.
What do you think the best solution will be? You can change your answer in the final draft. Your goal now is to track your thought process.
In: Economics