Markov Chain Model

It can show the market share of certain brands and it also collected periodic purchase data to show the frequency purchase behavior so that we can know the repetition purchase of each brand.

Family and Friends as Partial Employees Due to the unpredictability of consumer demand in most services, the only time supply matches demand is by accident. Hence, realistically, patient needs are not always going to be satisfied at the exact time when the patient need occurs. Moreover, patient family and friends are often at a loss regarding how they can make a contribution to the patient's recovery efforts. Idle friends and family combined with the constraints placed on staff often results in confrontation and patient dissatisfaction.

A budget is essential for a company to succeed. Without these budgets, it is very hard to be able to see where all

Align customer’s needs with business, develop forecast, set price polices for each product segment, and monitor promotions and sales budget.

Budgeting systems turn managers’ perspectives forward and by looking to the future and planning, managers are able to anticipate and correct potential problems before they arise (Horngren, Foster & Datar, 2000). Through budgeting, management can plan ahead and maintain enough cash to pay creditors, to have adequate raw materials to meet production requirements, and to have sufficient finished goods to meet expected sales (Kieso, 2002).

Adjusting the budget to reflect the current suppliers and labor requirements, for the certain amount of goods being produced. Using these number effectively can show if the company is under budgeted the volume the company is producing. It is very important to get a better understanding of variance to help in preparing and a successful budget.

This strategy is vital and attracts customers that have been loyal and meet the company vision of customer first. This strategy boosts sales in their industry.

AvMed delivers appropriate access to online transactions, eligibility confirmation, health care guidelines, standards, and claim status. AvMed has many regional offices that govern in the major metropolitan areas of the state of Florida and also maintain a longstanding status for working with employer groups, health care providers and many agents in the communities. AvMed is providing services since 40 years and its services are very quick with shortest wait time and best customer service. The AvMed services are ranked by the millions of customers as one of the best services in South Florida. The commitment of AvMed is to keep the individuals and families healthy. AvMed Medicare is organized as a HMO plan with a Medicare contract. AvMed is involved with many outreach programs, including the Habitat for Humanity and American Heart Association. AvMed also support the community and give the generous contributions and sponsorships contributions to health-related organizations ("AvMed Florida Health Insurance Quotes.," 2015) ("Managed care: the US experience.," 2015) ("AvMed Products At A Glance.,"

This will allow you to provide information on how much procedures or services will be provided for the upcoming year. This will help a facility estimate the amount and volume of patients. Your patience slow will drastically change over the holidays, so make sure you take that into account when you are doing this budget. You need to figure out how many patients do you need to see within a given year so you can make the net income that you need to run your facility.

The second step is to identify your customers. This is the area where information is gathered in their buying patterns, their customers, likes, and dislikes. It is essential to understand your customers. The company should comprehend the customer at each touch point. The company might also wish to use the essentials of advertising to create intermediaries on your demand chain and better connections with your station members and to remain in contact.

My role and function as a clinical mental health counselor are to promote and infused a holistic approach to my clients. As a Rehabilitation Specialist, I want to reproduce my clients back to society. As a mental health profession, I look at each person rather than a client perspective. Holistically, I want to concentrate on environmental factors, mental, physical, emotional, and spiritual aspect of the individual.

The setting of ‘fair’ prices to consumers: the company should bear in mind that customers nowadays will shop around to compare the intended products and services. However for the business survival and growth purposes, the company should also maintain its profit margins to ensure its business growth and expansion. The company needs to consider its cost factors and business operation areas to reduce or minimise the costing areas.

Budgeting allows you to plan how to live within your means, protects you from going into

their clients choice theory, so they can identify any unmet needs and try to satisfy them.

In conclusion, every major company in the world uses budgeting and there is a good reason for that. It is an important component of financial success. Budgeting makes easier to achieve financial goals. It keeps track of all expenses and help to avoid crisis. It also helps companies to control their growth and provide them with realistic idea where business is going.