In the Case Study at the End of Chapter 20

question 34

Essay

In the case study at the end of Chapter 20, Global Insurance is a company that offers disability insurance. Its major problem is that it does not process policies very quickly, largely because it is not computerized and the process is not linked electronically. The CEO wishes to innovate and to change organizational architecture to computerize and link all phases of the application process. What aspects of leadership need to be emphasized during this difficult transition at Global?

Describe the composition and properties of plasma.

Understand the principles and purposes behind therapeutic phlebotomy.

Explain the process and importance of blood clotting and factors involved.

Calculate and understand the clinical significance of the hematocrit value.

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Definitions:

Distribution

The payment of dividends or assets to shareholders or partners from a corporation, partnership, or another type of entity.

Partnership

A type of business structure where two or more people share ownership, as well as the responsibility for managing the business and the income or losses it generates.

Ordinary Income

Income earned through salaries, wages, commissions, and interest, subject to standard tax rates.

Long-term Capital Gains

Profit from the sale of an asset held for more than one year, typically taxed at a lower rate than ordinary income.