W3 Small Group Assignment – Cost Profit Volume

Purpose

The purpose of this case discussion is to understand the potential uses of Cost Profit Volume analysis in a top International company.

Instructions

McDonalds is a company who must pay close attention to its margins and prices in both present stores and in future stores. Ever wonder how a new store is justified?

From the 2013 10-K report, “In 2013, the Company opened 1,393 traditional restaurants and 45 satellite restaurants (small, limited-menu restaurants for which the land and building are generally leased), and closed 295 traditional restaurants and 194 satellite restaurants.” Each opportunity and each store is constantly evaluated.

  1.  Leveraging McDonald’s 10-K report and any other sources you deem helpful, include in your final response the answers to the following questions:
    • Would McDonalds be likely to use CVP analysis in the decision to open a new store?  Why?
    • How could CVP analysis be used to support a decision to close a store? Explain.
    • How are the franchises impacted by the movement toward a so called “living wage” of $15 per hour?  Determine what the impact would be on a store’s CVP analysis.
    • Considering the 30% of stores that are owned and operated by corporate McDonalds, what changes would you make in your CVP when deciding to open a new store?
    • As a new store manager who is aware of the potential of variable costing, how could this information be used to present
    • your store’s performance in a good light?
  2. Organize your team, plan the work that needs to be completed, and discussing how you plan to keep each member of the team accountable. Consider changing roles each week so everyone on the team has a chance to fulfill different requirements. Identify each role needed for the team this week and specifically who will take the role of Facilitator and Summarizer:
    • The Facilitator will ensure that all members of the team are contributing, provide encouragement, and make sure the group is on task.
    • The Summarizer is responsible for reviewing all the team’s entries, looking for themes and organizing and finalizing the responses to the case questions.
  3. Use the Small Group Communication Areas to write an approximately 500 word paper addressing the questions above and then submit it to this assignment by the end of the week.
    • Your group’s response needs to be cited using APA guidelines with a list of references at the end of the response.
    • The response should have a clear, well formulated thesis, development using textual quotes and references; sentence structure, grammar, punctuation, and spelling count. It needs to be insightful, thoughtful, and analytical.
  4. Complete the Team Cooperation Evaluation rubric at the end of the week.

Grading

  • For grading criteria, refer to the General Written Assignment Rubric in the Getting Started area.

Due

  • Your assignment is due Sunday by 11:55 PM CT.

Week 3 Discussion: Peer-Reviewed Article

he purpose of this discussion is for you to become more informed in cost volume profit or variable costing and become familiar with the literature available on the topic.

Instructions

  • Choose a peer-reviewed article on the topic of Cost Volume Profit or Variable Costing.
  • Create a summary of this article and critically analyze the author’s position.
  • The article summary must be between 300 to 500 words.
  • Provide a link to the article in your post.
  • Reply to at least two of your peers’ article summaries in approximately 200 words addressing the questions:
    • What knowledge did their articles share that you didn’t already know?
    • How might the information in the article assist you in your career?
  • REMEMBER: This is to be a dialog. You are encouraged to respond to each other frequently and not wait until the due dates to post your initial or peer responses.

Grade

  • Please refer to the Discussion Rubric in the Rubrics folder in Getting Started.

Due

  • Initial post is due by Thursday, 11:55 PM CT. Peer responses are due by Sunday, 11:55 PM CT.

Assignment: Assessing a Healthcare Program/Policy Evaluation

To Prepare:

  • Review the Healthcare Program/Policy Evaluation Analysis Template provided in the Resources.
  • Select an existing healthcare program or policy evaluation or choose one of interest to you.
  • Review community, state, or federal policy evaluation and reflect on the criteria used to measure the effectiveness of the program or policy described.

The Assignment: (2–3 pages)

Based on the program or policy evaluation you selected, complete the Healthcare Program/Policy Evaluation Analysis Template. Be sure to address the following:

  • Describe the healthcare program or policy outcomes.
  • How was the success of the program or policy measured?
  • How many people were reached by the program or policy selected?
  • How much of an impact was realized with the program or policy selected?
  • At what point in program implementation was the program or policy evaluation conducted?
  • What data was used to conduct the program or policy evaluation?
  • What specific information on unintended consequences was identified?
  • What stakeholders were identified in the evaluation of the program or policy? Who would benefit most from the results and reporting of the program or policy evaluation? Be specific and provide examples.
  • Did the program or policy meet the original intent and objectives? Why or why not?
  • Would you recommend implementing this program or policy in your place of work? Why or why not?
  • Identify at least two ways that you, as a nurse advocate, could become involved in evaluating a program or policy after 1 year of implementation.

By Day 7 of Week 10

Submit your completed healthcare program/policy evaluation analysis.

Discussion: The Role of the RN/APRN in Policy Evaluation

To Prepare:

  • In the Module 4 Discussion, you considered how professional nurses can become involved in policy-making.
  • Review the Resources and reflect on the role of professional nurses in policy evaluation.

By Day 3 of Week 9

Post an explanation of at least two opportunities that currently exist for RNs and APRNs to actively participate in policy review. Explain some of the challenges that these opportunities may present and describe how you might overcome these challenges. Finally, recommend two strategies you might make to better advocate for or communicate the existence of these opportunities. Be specific and provide examples.

Assignment: Assessing a Healthcare Program/Policy Evaluation

To Prepare:

  • Reflect on the concepts of informatics and knowledge work as presented in the Resources.
  • Consider a hypothetical scenario based on your own healthcare practice or organization that would require or benefit from the access/collection and application of data. Your scenario may involve a patient, staff, or management problem or gap.

By Day 3 of Week 1

Post a description of the focus of your scenario. Describe the data that could be used and how the data might be collected and accessed. What knowledge might be derived from that data? How would a nurse leader use clinical reasoning and judgment in the formation of knowledge from this experience?

Assignment: Assessing a Healthcare Program/Policy Evaluation

To Prepare:

  • Review the Healthcare Program/Policy Evaluation Analysis Template provided in the Resources.
  • Select an existing healthcare program or policy evaluation or choose one of interest to you.
  • Review community, state, or federal policy evaluation and reflect on the criteria used to measure the effectiveness of the program or policy described.

The Assignment: (2–3 pages)

Based on the program or policy evaluation you selected, complete the Healthcare Program/Policy Evaluation Analysis Template. Be sure to address the following:

  • Describe the healthcare program or policy outcomes.
  • How was the success of the program or policy measured?
  • How many people were reached by the program or policy selected?
  • How much of an impact was realized with the program or policy selected?
  • At what point in program implementation was the program or policy evaluation conducted?
  • What data was used to conduct the program or policy evaluation?
  • What specific information on unintended consequences was identified?
  • What stakeholders were identified in the evaluation of the program or policy? Who would benefit most from the results and reporting of the program or policy evaluation? Be specific and provide examples.
  • Did the program or policy meet the original intent and objectives? Why or why not?
  • Would you recommend implementing this program or policy in your place of work? Why or why not?
  • Identify at least two ways that you, as a nurse advocate, could become involved in evaluating a program or policy after 1 year of implementation.

By Day 7 of Week 10

Submit your completed healthcare program/policy evaluation analysis.

Discussion: The Role of the RN/APRN in Policy Evaluation

To Prepare:

  • In the Module 4 Discussion, you considered how professional nurses can become involved in policy-making.
  • Review the Resources and reflect on the role of professional nurses in policy evaluation.

By Day 3 of Week 9

Post an explanation of at least two opportunities that currently exist for RNs and APRNs to actively participate in policy review. Explain some of the challenges that these opportunities may present and describe how you might overcome these challenges. Finally, recommend two strategies you might make to better advocate for or communicate the existence of these opportunities. Be specific and provide examples.

Assignment: Advocating for the Nursing Role in Program Design and Implementation

To Prepare:

  • Review the Resources and reflect on your thinking regarding the role of the nurse in the design and implementation of new healthcare programs.
  • Select a healthcare program within your practice and consider the design and implementation of this program.
  • Reflect on advocacy efforts and the role of the nurse in relation to healthcare program design and implementation.

The Assignment: (2–3 pages)

In a 2- to 3-page paper, create an interview transcript of your responses to the following interview questions:

  • Tell us about a healthcare program, within your practice. What are the costs and projected outcomes of this program?
  • Who is your target population?
  • What is the role of the nurse in providing input for the design of this healthcare program? Can you provide examples?
  • What is your role as an advocate for your target population for this healthcare program? Do you have input into design decisions? How else do you impact design?
  • What is the role of the nurse in healthcare program implementation? How does this role vary between design and implementation of healthcare programs? Can you provide examples?
  • Who are the members of a healthcare team that you believe are most needed to implement a program? Can you explain why?

By Day 7 of Week 8

Submit your interview transcript.

Discussion 2: The Role of the RN/APRN in Policy-Making

To Prepare:

  • Revisit the Congress.gov website provided in the Resources and consider the role of RNs and APRNs in policy-making.
  • Reflect on potential opportunities that may exist for RNs and APRNs to participate in the policy-making process.

By Day 3 of Week 8

Post an explanation of at least two opportunities that exist for RNs and APRNs to actively participate in policy-making. Explain some of the challenges that these opportunities may present and describe how you might overcome these challenges. Finally, recommend two strategies you might make to better advocate for or communicate the existence of these opportunities to participate in policy-making. Be specific and provide examples.

Discussion 1: Evidence Base in Design

To Prepare:

  • Review the Congress website provided in the Resources and identify one recent (within the past 5 years) proposed health policy.
  • Review the health policy you identified and reflect on the background and development of this health policy.

By Day 3 of Week 7

Post a description of the health policy you selected and a brief background for the problem or issue being addressed. Explain whether you believe there is an evidence base to support the proposed policy and explain why. Be specific and provide examples.