Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Value chain analysis quiz
Value chain analysis
Value chain analysis quiz
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Value chain analysis quiz
Support activities
A value chain is the whole series of activities that create and build value at every step. Support activities of value chain are those that support the primary activities by feeding into them. Each category of support activities can be divided into a number of distinct activities that are specific to a given industry or a firm. Following are the support activities and how they exist in Apollo Hospitals:
Firm infrastructure: Firm Infrastructure consists of a number of activities including general management, planning, finance, accounting, legal, government affairs, and quality management. Infrastructure unlike other support activities supports the entire value chain and not individual activities. It allows managers to monitor the environment well. Apollo hospitals has the following features with respect to infrastructure of the firm:
• They have high end laboratories
• Counselors, transplant coordinators, translators for major languages and trained nursing staff are present to help people out
• The hospital also has a good record and customer reputation of dedicated...
This services serves as the beginning steps of implementation strategy that is precisely plan to assure Craig Hospital is in process of achieving their goal. The second portion of the value chain which comprises the support activities, including the organization’s culture, structure, and strategies resources are called, value adding support strategies. Ideally, this part of the portion is important that the strategy is consciously aligned in order to accomplish the whole strategies. As the lower portion of the strategy is plan resulting competitive strength and weaknesses, in which allows the organization to have the upper advantage of making change in their plan and eliminate the future negative possible outcome that could happen upon the organization in the support activities. In figure 3.1, exemplify the process of how value adding support strategy should work to create momentum for the
Organizational capabilities refer to an organization 's skill in combining its resources to produce goods and services. These capabilities are organized in a chain of activities that gives the product or service more added values. Since the patients are hopping from Caring Angle Hospital to other specialized hospitals looking for various treatment of care (Burns, Bradley, & Weiner, 2012). For instance, heart and cardiovascular care would be two great specialized cares for our facility and for the larger community. To add to that value, Caring Angel Hospital will need to enhance the scope of those physicians who specialize in the treatment of heart and cardiovascular care.
...ng stressed. Option 1 may lead to excessive pressure on doctors, and hence poor performance in service delivery. In medical field, it is necessary to allow the doctors to perform accurately on a consistent basis.
Every company in any industry consists of collection of activities that help the company to create value for their customers, these collection of activities celled “ value chain”. The value chain has two types of activities: the primary activities and costs, and the support activities and costs. We will explain both of them that are related to Nintendo.
...to communicate with your patient in order for them to be updated with their family’s sickness. And also have compassion towards them. You are likely to see a lot of injuries and scenarios play out among patients that have been admitted to the hospital. There are many achievements in this field that you may accomplish. And priorities that you have to deal with. For instants your time you have to adjust your schedule.
The cost of Medical equipment plays a significant role in the delivery of health care. The clinical engineering at Victoria Hospital is an important branch of the hospital team management that are working to strategies ways to improve quality of service and lower cost repairs of equipments. The team members from Biomedical and maintenance engineering’s roles are to ensure utilization of quality equipments such as endoscope and minimize length of repair time. All these issues are a major influence in the hospital’s project cost. For example, Victory hospital, which is located in Canada, is in the process of evaluating different options to decrease cost of its endoscope repair. This equipment is use in the endoscopy department for gastroenterological and surgical procedures. In 1993, 2,500 cases where approximately performed and extensive maintenance of the equipment where needed before and after each of those cases. Despite the appropriate care of the scope, repair requirement where still needed. The total cost of repair that year was $60,000 and the repair services where done by an original equipment manufacturers in Ontario.
For example, patients who are going in for major abdominal surgery, or even normal childbirth. Nurses should enable them and see them through the fearful mindset that something major is about to happen, or is happening. We are looked upon and expected to “enable” them. To continually move the patient forward, the nurse may do this by offering positive feedback, coaching and enhancing their optimistic belief or helping the patient to see the positivity in their situations, and/or determine healthy alternatives.
Value chain model highlights specific activities where the information systems could be applied. This model is set to identify leverage points in which IS could have a strategic impact to enhance company’s competitive position. The value chain perceives firm as a series of interconnected activities that add a margin of value.
Organizations use financial statements and ratio analysis assess financial performance viability. The ratio analysis are used to identify trends and to perform organizational comparison (financial) with other companies within same industry. Ratio analysis, using data reported on the financial statements, are divided into five major categories: common size, liquidity, solvency, efficiency, and profitability. This paper will assess the financial stability of John Hopkins Hospital (JHH) using the five ratio analysis.
Nurses are an equally important part of each client’s life. Nurses provide stable care to each client, answers their questions, gives medications and treatments, and assists with medical procedures. They also have the responsibility to explain to clients and family members what they should and should not do as they go through treatment and recovery. Nurses must quickly respond to patients needs. Every individual nurse has his or her own unique way of caring. There are so many ways to show caring that the possibilities are never ending. Nurse’s support, comfort, and help allow the patients to recover to the best of their ability. Their experiences in dealing with different patients that have unique situations on a daily basis helps the nurses become better caregivers. Therefore, every nurse is capable of demonstrating care in their respective environments.
Saha, A (2011) Mapping of Porter’s value chain activities into business functional units, http://www.managementexchange.com/hack/mapping-porter%E2%80%99s-value-chain-activities-business-functional-units accessed: 18 Jan 2014
Infrastructure: Unilever board is responsible for the promotion of values, the CEO’s handle implementation, Legal officer deals with breaches and legal issues and senior management handles day-to-day operations.
Mona Counts is a Nurse Practitioner at her own primary care facility. Her clinic provides health care to over five thousand patients who live in the heart of Appalachia. Bob Wilkinson is a Pediatric Oncology Nurse. Bob takes care of very sick children and their families. Ardis Bush started as a Staff Nurse over 25 years ago and worked her way up to being Nurse Manager. These nurses establish a rapport with their patients and their patients’ families by talking to them like normal human beings, and not just as patients. These nurses relate and listen to their patients, which makes them feel comfortable. Both Mona and Ardis even make house visits to check up on patients and to see how they are doing.
2. What is the difference between a.. Explain how the company’s value chain activities can be better linked to create value for the company. A chain value is a diagram that a company uses to determine its activities and components such as its functions or management from top to bottom or vice versa.... ... middle of paper ...
By adopting the value chain into a manufacturing company, it will gain efficiency, effectiveness, reduce the product cost and improve continuously. For example, Toyota has implemented Toyota Product System (TPS) integrated information system with the business process which allowed the company to be more efficiency, effectiveness and reduce inventory cost. (Toyota