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A Case Study of an Article Assigned in MGT 350
The second proposed change, involving cost saving measures can be easily measured through accounting reviews. Another panel, similar to the DNR panel, will be established to monitor and measure the fiscal policy implemented. The panel will then file a report to Chris and Pat on a monthly basis until the issues have been resolved.
The problems identified by the CEO are typical to many hospitals in the United States and are difficult to resolve without some amount of conflict. Chris should learn some very valuable lessons in business management that will allow him to succeed in a volatile business environment. Pat should carefully evaluate Chris' work and carefully provide guidance where needed. Utilizing his skills learned from the University of Phoenix and Pat's direct input, Chris should find the resolution of these major issues to provide a vastly rewarding business experience.
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