Industry Project Assignment Example | Topics and Well Written Essays - 500 words

Industry Project - Assignment Example g, the company experienced exponential growth due to the high demand of their products that had cutting edge technology occupying the largest segment in the market. Recently however, Samsung expects a decline in the demand of their product due to the increased competition brought by more players in the industry selling cheaper smartphones who have comparative technology to Samsung. The things that affect the supply for smartphones is the sales projection of a company for it to be able to deliver profit for its shareholders. For example, Apple and Samsung have profit projections for a certain period that would improve its performance from the previous period delivering profit to its shareholders and also to project a positive image for the company so that its value and shares of stocks will increase. They will in turn stimulate demand in the market through their marketing campaigns so that the available supply will be bought and them realizing their sales objectives. Another would be the discovery and introduction of a breakthrough technology in their products that is not present in competition. For example, if Samsung can make its smartphones wearable just like watch because of its bendability, consumers will be surely be interested to have the new smartphone. Samsung would in turn increase its supply and jack up the price due to the increased demand. The demand for smartphones this product is elastic. It is elastic because the consumption and use of the product can be influenced by certain factors such as competition and price. Smartphones can also be replaced by cheap cellphones without drastically impairing one’s connectivity or by less known brands that have similar features. Concretely, this was evident when Samsung announced that the company expect a lower sales in Q2 of 2014 due to the increasing number of competition and availability of cheaper smartphones and indeed the company posted a poor sales performance (Triggs, 2014). The presence of

Providing care with limited reimbursement Coursework

Providing care with limited reimbursement - Coursework Example The number of patients visited weekly will reduce causing some who solely depend on the services of the health agency to suffer. A compromise in the services rendered to the customers may dent the image of the home health agency and lead to mistrust from patients. In such a case, there may be a mass exodus of patients from the organization derailing its operations. When the number of clients decline, the organization will receive less funding from the government. Allocation of fewer funds to the organization will paralyze operations, as there will be little finance to cater for salaries and allowance of the health professionals. The organization will experience shortage of personnel occasioned by inadequate funds arising from reduced government funding. The home health agency will adopt strategies that to enable it recover the lost revenue used to take care of the old patient. Increasing patients’ number receiving care services through the health agency will help bridge the gap in cost of service delivery. Government funding is directly proportional to the number of patients under care of the health agency. The sure way of ensuring a rise for cash availed to the agency by the government is solely increase in patient number. Consequent increased government allocation avails more funds to the agency that is indispensable to service delivery and income generation. The health agency will be in a better position to take proper care of its patients and cater for allowances and salaries for the staff. Mobilization of more patients is through carrying out public relations. In order to limit the cost of visiting patients, the personnel in charge will adopt application of public transport rather than private cars. Public transport systems are relatively cheap compared to the use of private means. In most circumstances, private cars have higher economic social class definition and would consequently demand more finances. In situations where the