APA Exam Paper

Improved Essays
The test responses should be typed. Select 25 items to answer out of the 50 items. Use the American Psychological Association (APA) Format to prepare the test. A cover sheet and a reference page(s) are required. An abstract is not required. The document is due in the eLearn dropbox on 10/08/2015 by 11:59pm cst.

Define price takers¬: Price taker is a provider who has no power to influence the prices set by the marketplace.

What is the difference between a price taker and a price setter? Price takers accepts the prices set in the marketplace for their service, including the prices set by government insurers. Price setters provide services that can be differentiated from others, by either market share, quality, or other differences, such that
…show more content…
CON is the certificate issued by a governmental agency for proposed construction of a health facility that ensures that the facility will be needed at the time of its completion. The certificate is issued to the individual intending to build or modify the facility for additional services. The process is intended to prevent duplication of services in a community.

List the three levels of nursing home care identified by Gapenski (2013): The three levels of nursing home care identified by Gapenski are, ambulatory care, long term care, and integrated delivery system.

What is the American College of Healthcare Executives (ACHE): ACHE means American College of Healthcare Executive. ACHE provide local education programs, career and advancement resources, and opportunities to volunteer and connect with healthcare leaders in the community.

Define a business: Business is an organization involved in the goods, services, or both to consumers.

Define finance charge: Finance charge is a fee charged for the use of credit or the extension of existing credit. May be a flat fee or a percentage of borrowings, with percentage-based finance charges being the most

Related Documents

  • Decent Essays

    Pt1420 Final Exam Papers

    • 411 Words
    • 2 Pages

    1) What math concepts did you find the easiest during the first 1-3 weeks of school? What concept did you find the hardest and why? Rate your understanding for each math concept using a scale from 1-10 (10 being strong understanding and 1 being weak understanding) and explain how to apply each concept. During the first 1-3 weeks of school, the easiest math concepts were solving exponential equations.…

    • 411 Words
    • 2 Pages
    Decent Essays
  • Superior Essays

    General Information The Personality Assessment Inventory (PAI) was developed by Leslie C. Morey Ph.D. in 1991 and revised in 2007. It is published through Psychological Assessment Resource and is a multidimensional objective inventory designed to measure psychopathology and treatment planning for various psychopathological conditions. The current PAI form is not a revision of normative data, test form, or interpretative guidelines from the original 1991 edition. The current version reflects the revision and publication of a second edition of the PAI professional manual to describe research related to the instrument since the original publication of the manual in 1991.…

    • 2052 Words
    • 9 Pages
    Superior Essays
  • Improved Essays

    Mba 540 Final Paper

    • 1620 Words
    • 7 Pages

    MBA 540 Mid-term Exam 1. (10 pts.) Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs help her make a decision?…

    • 1620 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    I have emailed your TA Shante about my confusion with my grade on the critique assignment. I did place your email address in the bcc just to keep you informed. Shante’s answer to my inquiry I found to be less than fair. In the amount she deducted for the infractions she mentioned in her email.…

    • 313 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Apa Style Research Paper

    • 141 Words
    • 1 Pages

    APA Style (American Psychological Association) offer students guidance for writing with simplicity, power, and concision (http://www.apastyle.org/). PERRLA - Is a software system that’s compatible with Microsoft World (MS) to help students write papers in proper APA format ( http://www.perrla.com/). OWL Purdue Writing Lab – Is a writing lab services that help students with professional writing, research, grammar, job search, and those students who are learning to speak English (https://owl.english.purdue.edu/). Write a brief concluding paragraph that describes which of these resources you believe will be most valuable to you on your doctoral journey.…

    • 141 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Apa Interview Report

    • 301 Words
    • 2 Pages

    2.1 Interview Preface I chose to interview my grandfather, Mansukhbhai Patel, for many reasons. As he is much older than me, he is very religious person and knows about Hindu culture then anyone in my family. He is the only person that my family goes to when they have questions about Hindu religion or any of the cultures festivals. In India, elders such as grandparents are respected more than anything else.…

    • 301 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    A price setter is " a business that has the powers to set the market prices for its good and services "( Gapenski, 2012, p 221). Therefore a health care provider with a large market dominance can set the prices of their services(within reason). It would be beneficial for a health care I situation to be a proce setter s oops ode to the price taker. Marginal cost pricing is the marginal cost of one additional unit of output( 222). Under this scenerio,in health care the additional cost of the goods or service is covered by payment associated with the existing patient base.…

    • 353 Words
    • 2 Pages
    Decent Essays
  • Great Essays

    Team Case Study Rebecca Sweet, Raven Wilson, Brittany Williams, Selena Cox Fayetteville State University Air Express Industry Bargaining Power of Buyer The bargaining power of buyer’s states that the capability of buyers lowering the prices that are charged by companies and demanding prices be increased so, they can afford to make new and better quality products. Looking at the bargaining power of suppliers, air freight companies are powerful when it comes to dealing with distributors because they can easily forward integrated. The two largest buyers between 1978 and 1981 were Emery Air Freight and Airborne Express.…

    • 1427 Words
    • 6 Pages
    Great Essays
  • Great Essays

    LEGO Case Study: Mattel

    • 991 Words
    • 4 Pages

    External Analysis Porter’s Five Forces Analysis I. Rivalry - The competitive rivalry is high, and the major competitors are Hasbro and Mattel. Furthermore, LEGO also has to compete against companies that sell similar products with a relatively low cost. LEGO’s pricing strategy makes the product have almost no price advantage in countries such as China and India, which gives too much space for its competitors’ products. II. Threat of New Entrants – The threat of new entrants in the toy industry is high, not only because major competitors such as Mattel want to take LEGO’s market share, but also due to the development of modern technology and its effects on the toy industry.…

    • 991 Words
    • 4 Pages
    Great Essays
  • Great Essays

    It was the year 2012, and the tire factories in the Southern states was competitively structured and in long-run completive equilibrium. Firms were earning a normal rate of return and were competing in a monopolistically competitive market structure. In 2013, a couple of savvy business men quietly purchased all the tire factories and firms and began operations as a monopoly called “Big Daddy’s Tires.” To operate efficiently, Big Daddy’s hired a management consulting firm, which estimated a different long run competitive equilibrium. The new company is now run as a monopoly, and this paper shall explain how this benefit’s the stakeholders involved, such as the government, businesses, and consumers.…

    • 1775 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    Industry environment analysis Threat of new entrants Established businesses are protected from new entrants because of high barriers to enter the market. New entrants will face barriers such as high product differentiation, high capital requirements, economies of scale, switching costs, access to distribution channels, government policies and threat of retaliation (see appendix C) (Gheen et al., 2012). Bargaining power of suppliers The suppliers of the apparel industry are reliant on one major and common aspect to all – labor.…

    • 715 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    There is a clear understanding that society is full of competitive markets and the temptation to get more. Getting more can ultimately become a bigger issue than expected for some businesses. Owning a business is a gamble in various ways form financial dilemmas to staffing problems to even remaining functional. How a business structure their facilities and operate will allow them the chance to find out what actually works best for them as well as their customers.…

    • 817 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Case Study: Findatruckload

    • 1874 Words
    • 8 Pages

    Section II: Critical analysis and recommendations for strategic direction of the chosen organization. Current situation - Company background, past performance, and current position. Findatruckload was established in 2009 by Andrew Bishop and Walter Bishop from trucking industry. In October 2013, the organisation is graduated from SODA boost development programme. The exit was growth oriented after which their sales boosted for 16 months (Findatruckload moves, 2014).…

    • 1874 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    A consumer centric approach is according to Computer Centric Solutions LLC is “the key to successful marketing initiatives and generating organic top line growth” as the consumer is brought into focus through different areas such as targeting research, brand strategy development, communications optimisation, innovation as Peter Drucker says “The aim of Marketing is to know and understand the consumer so well that the product sells itself”.1 The external factors relating to such an approach are competition, environmental, cultural and societal changes, and focusing on the consumer helps highlight these changes. For example, in competition, the threat of new entrants, bargaining power of suppliers and buyers and the threat of substitutes help…

    • 882 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    2.1 Micro and macro environmental of COCA-COLA Micro business environment is the internal environment of the organization and the main environment in which management functions. The micro environment affects the organization straight. Its most closely connected to the business .micro environment mainly reflects by strengths, weakness opportunities, threats (SWOT).…

    • 2009 Words
    • 9 Pages
    Improved Essays