Fixed And Variable Cost

Post a total of 3 substantive responses for full participation. This includes your initial post and 2 replies to classmates or your faculty member.

Explain the difference between a direct cost and an opportunity cost. Illustrate the difference of these costs by sharing one (1) out-of-pocket cost and one (1) opportunity cost for two decisions you made today. The decisions you choose to share can be anything, from your decision to drive to work versus riding a bike, or even the decision you made on where to have lunch.

Note

Respond to the following in a minimum of 175 words:

Post 2 substantial replies to classmates or your faculty member. Be constructive and professional. Remember that the replies should be at least 100 words.

Stakeholder Analysis

The next step in the process is to begin identifying the challenges and impediments to implementing a quality improvement plan. In the analysis consider the individuals affected by the change as well as the cost of imThe next step in the process is to begin identifying the challenges and impediments to implementing a quality improvement plan. In the analysis consider the individuals affected by the change as well as the cost of implementing the quality improvement plan.

Post a description of some of the proposed action steps for implementing improved practice and explain where potential challenges might compromise your proposed improvement project. Describe what resources are needed for your solution and explain whether those resources are cost-effective or not. Continue to collaborate with the selected individuals in your practice environment as needed in the development of the Practice Experience Project and share this information with your group.

Journal Business

Instructions

We all enter into contracts without reading and understanding all of the terms of the contract, but who has time to read and understand pages of small print, or who can afford to hire a lawyer every time they get a new cell phone or buy a car? Have you ever entered into a contract without really understanding all of your obligations involved in the contract? You might say that you have not done that, but think whether you really understand all of the terms of the contract for your cell phone service, your cable or satellite television service, the loan for your car, or your lease or mortgage. Is there anything each of us can do to avoid entering into contracts that we do not understand without missing out on things we need and want?

Note

Your journal entry must be at least 200 words in length.

No references or citations are necessary.

Data Collection

Part II: Data Collection Procedures & Measurement Tools/Instruments

Describe ALL methods to collect data in detail (i.e. interview, survey, observation……etc.)

Describe each measurement tool/instrument used to measure/assess outcomes in the study in detail.

Results/Findings

Participant Characteristics/Sociodemographic Findings

Describe participant characteristics or sociodemographic status

Must be objective, descriptive, and comprehensive

Must describe the findings of Tables/Figures to provide comprehensive information about participant characteristics as article provided.

Study Results/Findings

Describe ALL Other Results/Findings besides above participant characteristics in detail.

Each result item must include Headings/Subheadings as the article provided.

Do NOT simply saying “pain level was decreased,” “adherence was increased”…etc

Do NOT include contents from Discussion and/or Conclusion in the article.

Part III: Synthesis of Findings

Synthesis of Findings

Describe the Rationale/Mechanism for how/why Finding of each intervention/factor helps your Research Question (i.e. how/what mechanism does music therapy help pain, how does sucking stimulation increase oral intake for pre-term infants)

Should NOT repeat same contents you had on Findings section and/or article

May include citations from other sources for above described rationale/mechanism (i.e. textbooks, CDC…etc)

Nursing Implications

How the nurses can implement the research findings into nursing practice.

Group Article Summary Table (All group members)

Describe each group member’s article on Research Article Summary Table.

Instructions

Use bullet points for each category.

 Case Study Business

Instructions
Contract Scenario
Calvin had been an avid coin collector for many years, and the most valuable coin in his collection was an uncirculated, mint condition, 1943 Lincoln penny made of copper (most pennies made during World War II were made of zinc because copper was needed in the war effort). That penny had a value of between $60,000 and $95,000.In August of 2017, Calvin had a serious stroke that left him unable to speak or walk, but his doctor assured his family that Calvin would recover over time with intensive therapy. Calvin was a widower and did not have any children, but he had several nephews who visited him from time to time as he recovered. None of the nephews had any real interest in Calvin’s coin collection. One of Calvin’s nephews, Billy, who visited Calvin more often than the other nephews, sometimes listened to Calvin talk (talking was a part of Calvin’s therapy) about his mounting medical bills and his coin collection, but Billy never showed much interest in the medical bills or the coin collection. In October, as Calvin’s recovery progressed slowly, Billy visited Calvin and told Calvin that he had been reading about coin collecting, and he realized that Calvin’s collection, especially the 1943 Lincoln copper penny, was valuable, and Billy suggested that Calvin should consider selling the 1943 Lincoln copper penny and use the proceeds to pay his medical bills. Calvin resisted the idea at first, but Billy continued to urge Calvin to sell the penny so that he would not have to worry about the medical bills. Finally, when Billy told Calvin that he would arrange the sale of the penny for a commission of just 5% of the sale price of the penny, Calvin began to think that selling the coin might be a good idea. He was still a little confused about how the sale would work and what Billy would do to make sure that the penny would be sold for the best price. Calvin told Billy that he thought that the penny was worth almost $100,000, but Billy assured Calvin that the market had changed recently, and that the penny was now worth $40,000 to $45,000. Eventually, Calvin allowed Billy to sell the penny for the best price he could get and to take a 5% commission for arranging the sale of the penny. Billy then sold the penny to a friend for $40,000, took his 5% commission, and paid the remainder of the sale price to Calvin. A few months later, as Calvin continued to recover, he read a story in a coin collecting magazine about how an uncirculated, mint condition, 1943 Lincoln penny made of copper had just sold at auction for more than $100,000, and Calvin began to wonder if Billy had taken advantage of him. Calvin consulted a lawyer and asked the two questions below.

Did he (Calvin) have the mental capacity to enter into the contract when he agreed to let Billy sell the penny? What would he (Calvin) have to prove to show a court that he did not have the necessary mental capacity when he authorized Billy to sell the penny?
Did Billy exert undue influence over Calvin to cause Calvin to enter into the contract that allowed Billy to sell the penny?
What do you think? Does Calvin have a case to set aside the contract with Billy on either of these theories?

Instructions

Your case study should be at least two pages in length and include at least two outside sources. Be sure to use APA formatting for all citations and references.