Ip2

Every business that operates today falls into one of four market structures:

  • Monopoly
  • Oligopoly
  • Monopolistic competition
  • Perfect competition

To be successful in their respective industry, business owners and managers should understand the strengths and weaknesses of the market structure in which they operate and ways of maximizing their profitability. This assignment allows you to apply the impact of market structures professionally.

For this Individual Project, compare and contrast 2 of the following market structures:

  • Monopoly
  • Oligopoly
  • Monopolistic competition
  • Perfect competition

Once you have identified the market structures you would like to compare, please complete the following

  • Identify a company that operates in each of your chosen market structures. Think about the products or services offered by each of the companies. Then, answer the following questions:
  • Who are the customers of each company?
  • Who are the competitors of each company?
  • Who are the suppliers for each company?
  • Create 10-12 slides for a PowerPoint presentation (excluding the title, conclusion, and reference slides) with a minimum of 200-250 words on each slide in the notes section. 

When completing this PowerPoint presentation, consider the following:

  • Identify 2 market structures and 2 companies.
  • Compare and contrast the characteristics of each market structure.
  • Discuss each company in terms of the following:
  • Products and services
  • Competitors o Suppliers
  • Identify and discuss barriers to entry and exit for each of the industries your chosen companies operate in and the role that market structure plays.
  • Identify suggestions for improved competitiveness.
    How could your companies better compete in their given industries? Consider the following and provide relevant examples:
  • Pricing
  • Branding
  • Customer loyalty o Ingenuity
  • What role does the market environment play in the development of competitive strategies?
  • Provide a conclusion that highlights the key points of your presentation 

Db3

It is important to understand what market structure a company resides in because different market structures have different rules for competitors and customers.

Understanding market structures means that you can make more effective decisions based on the impact of the company’s motivations, opportunities, and the decisions made by other participants in that market.

With this in mind, please answer the following:

  • Choose 1 market structure you did not discuss in the previous week’s Individual Project. Discuss the characteristics of that market structure.
  • Identify 1 company that operates within that market structure. Discuss the company’s products, services, and competitors.
  • How does the competitive environment influence company leaders’ decisions? Illustrate your thinking with examples of potential decisions.

Ip3

The main goal of a business is to be profitable. To calculate profitability, economists incorporate alternative measures that go beyond the traditional revenue less expenses. For example, economists think on the margin and include opportunity costs when determining their profitability. This assignment provides the opportunity to compare and contrast accounting and economic methodology to determine how best to meet the goals set by the business. Discuss the similarities and differences between how a manager values the products that they sell and how a consumer values products that they purchase. How do marginal revenue, marginal cost, and opportunity cost enter the valuation process? (Note: Be sure to include the definition of each term in your response.) • Compare and contrast economic profit and accounting profit. Which is the more effective measurement for managerial use? Defend your answer with examples from the readings. • Discuss a leadership decision that might be influenced by an understanding of marginal revenue, marginal cost, and opportunity cost.

Db 4

Marginal revenue (MR) is the additional revenue for each additional unit produced. Marginal cost (MC) is the additional cost for each additional unit produced. For example, if you have produced 100 units, the marginal cost would be how much it would cost to produce the 101st unit. Likewise, the revenue earned by selling the 101st unit would be the marginal revenue.

Understanding marginal revenue and marginal cost can make a difference in a business’s decision to continue production at the current level, produce more, or produce less. This relationship is vital to leadership and managers because it helps inform a producer about a product’s equilibrium and can act as a guide to profit maximization.

This week, discuss the following:

  • Think about a personal experience where you have considered the revenue of an additional unit produced versus the cost of producing it. How do you think this might affect the decision making process? Discuss an example.
  • We have learned that there is a Goldilocks area where a company should produce a product to the
    point where MR = MC. What does MR = MC mean,
    and why is it important for pricing and production?
    Give an example.
  • As a manager or leader, how would you apply this knowledge to make better production volume decisions?

Ip4

Businesses create goods or services demanded by consumers. The variability of demand depends on the type of good or service produced. For example, if the good does not have a lot of substitute products (e.g., necessary prescription drugs), demand will not fluctuate greatly with price changes. On the other hand, if the good has many substitutes available (e.g., fast food), demand will fluctuate with price changes.

This concept is called price elasticity of demand. If a good or service has an elastic demand, demand will vary greatly with price increases. If a good or service has an inelastic demand, demand will not vary greatly with price changes.

Consider a product you are familiar with and the company that produces that product. Think about the market the company operates in (as discussed earlier).

In a PowerPoint presentation that contains 10-12 slides (excluding the title and references and with 200-250 words of speaker notes on each slide), explain the following:

  • Introduce the business you have chosen. What market does the company operate in? What products or services does it sell? What category of goods does this product or service fall under (e.g., luxury, normal, inferior, substitute, complementary, and so on)?
  • Who are the consumers of the good or service? How is the good or service marketed?
  • Discuss elasticity of demand and include a graph to illustrate elasticity of demand.
  • Explain the elasticity of demand for your product or service. Is the product demand elastic, or is it inelastic? Include a graph to represent the elasticity of demand for your chosen product or service.
  • Discuss the relationship between elasticity of demand and pricing of your chosen product or service. Include a graph. You may use hypothetical numbers to illustrate your conceptual observations and understanding of the concept of elasticity of demand for your chosen product or service.
  • How does the elasticity of demand for the good or service change how you market your good or service? For example, if your good has few substitutes or many substitutes, what can be done to increase demand during an economic downturn?

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Describe how research through nurse health studies contributes to evidence-based practice.

Describe how research through nurse health studies contributes to evidence-based practice.

-Contribute to the initial post using a minimum of 450 words. You must include at least two scholarly sources, format, and cite according to current APA guidelines.

-Follow Netiquette guidelines when participating in the discussion forums.

DNP DESIGN STUDY

As a DNP, you must design a study to help determine why nursing professionals don’t stay in the workplace for long periods of time. You’ll need to choose which study design best explains this situation. This is a hypothetical study and must include the following areas:

Introduction

Problem Statement

Theoretical Framework

Study Question

Methodological Design

Data Collection

Data Analysis

Results

Conclusions

Recommendations

You must include at least two academic sources, formatted and cited according to current APA standards.

Review the rubric to determine how your assignment will be graded.

Your assignment will be checked for plagiarism through Turnitin. Check your results, make any necessary corrections, and resubmit a revised copy if the system identifies any issues.

Legal and Ethical Issues Related to Psychiatric Emergencies

STATE: IOWA

 In 2–3 pages, address the following:

  • Explain Iowa’s state laws for involuntary psychiatric holds for child and adult psychiatric emergencies. Include who can hold a patient and for how long, who can release the emergency hold, and who can pick up the patient after a hold is released.
  • Explain the differences among emergency hospitalization for evaluation/psychiatric hold, inpatient commitment, and outpatient commitment in your state.
  • Explain the difference between capacity and competency in mental health contexts.
  • Select one of the following topics, and explain one legal issue and one ethical issue related to this topic that may apply within the context of treating psychiatric emergencies: patient autonomy, EMTALA, confidentiality, HIPAA privacy rule, HIPAA security rule, protected information, legal gun ownership, career obstacles (security clearances/background checks), and payer source.
  • Identify one evidence-based suicide risk assessment that you could use to screen patients.
  • Identify one evidence-based violence risk assessment that you could use to screen patients.

References:

 Buppert, C. (2021). Nurse practitioner’s business practice and legal guide (7th ed.). Jones & Bartlett Learning.

  • Chapter 7, “Negligence and Malpractice”
  • Chapter 8, “Risk Management”
  • Chapter 16, “Resolving Ethical Dilemmas”
  • National Institute for Health and Care Excellence (2019). Brøset violence checklistLinks to an external site.. http://riskassessment.no/
  • Boland, R. Verdiun, M. L. & Ruiz, P. (2022). Kaplan & Sadock’s synopsis of psychiatry (12th ed.). Wolters Kluwer. 
    • Chapter 25, “Consultation to Other Disciplines”
    • Chapter 26, “Level Of Care”
    • Chapter 27, “Ethics and Professionalism”
  • Thapar, A., Pine, D. S., Leckman, J. F., Scott, S., Snowling, M. J., & Taylor, E. A. (Eds.). (2015). Rutter’s child and adolescent psychiatry (6th ed.). Wiley Blackwell.  
    • Chapter 19, “Legal Issues in the Care and Treatment of Children With Mental Health Problems”
    • Chapter 64, “Suicidal Behavior and Self-Harm”