writing problem and hypothesis statements for business research(17)

8/7/2019 Writing Problem and Hypothesis Statements for Business Research(17)

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Writing Problem and Hypothesis

Statements for Business Research(16)/

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Setting of work proposal: ??

Work problem:?

Quantitative specification of problem:?

Importance of problem:,?

Project need: ,?


3/12

Work objective:?

Methodology to achieve objective

:?Anticipated results:

?

Contribution to field:?


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() Complex administrative procedures withinTaiwans National Health Insurance (NHI) scheme have led toerrors in insurance claims and much inefficiency. For instance,adhering to all NHI regulations would require filling out nearlythirty forms, depending on various commercial demands, e.g.,

insurance claims, salary readjustment, and modification ofinsurers/claimants name. With subsequent errorsmade over confusion in filling out appropriate forms, the NHIstaff spends much time in handling errors and then requestinginsurers and claimants to amend erroneous information. (NOTE :Add 2-4 sentences that describe characteristics of the problem

or statistics that reflect its severity) Despite theenormous amount of administrative time and costs involved inhandling these errors, this growing concern and its largerimplications have not been addressed in previous literature.


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() Despite the enormous amount of administrativetime and costs involved in handling these errors, this growingconcern and its larger implications have not been addressed inprevious literature. The inability to gradually reducethe amount of human resources involved in handling insurer and

claimant errors and simplify administrative procedures as well asNHI forms will lead not only to higher operational costs at NHIbut eventually higher insurance premiums. Therefore, an administrative procedure must be developed forclassifying and simplifying forms to pay insurance premiums andfile other insurance-related claims in Taiwans National Health

Insurance (NHI) scheme. A database containing detailedinformation of NHI insurance holders must also be accessedwhile ensuring the confidentiality of such information, thusreducing administrative costs and the number of personnelinvolved.


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() An administrative procedure can be developed for

classifying and simplifying forms to pay insurance premiums and

file other insurance-related claims in Taiwans National Health

Insurance (NHI) scheme. A database containing detailed

information of NHI insurance holders can also be accessed whileensuring the confidentiality of such information, thus reducing

administrative costs and the number of personnel involved.

To do so, three insurance claim-related formscan

be developed to reduce the redundancy of the more than thirty

existing ones, thereby reducing data processing significantly. Ahighly restricted networked-based system can then be accessed

to ensure the confidentiality of NIH customer data and also

reduce the amount of paperwork that insurance holders must

submit.


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() Taiwanese living standards have dramatically risen inrecent years, as evidenced by the availability of consumer goods,pursuit of cultural interests, and strong health consciousness. Publicmedia emphasis on maintaining ones health and the wide acceptanceof nutritional supplements have pave the way for a health food productsmarket, which is further promoted by the increasing popularity of

genetically modified foods. The growth in daily consumption of healthfood products explains why, according to governmental statistics,medical and healthcare expenditures account for an increasing share ofhousehold consumption in Taiwan and, correspondingly, a rise in thenumber of local pharmacies established recently. A recent study onconsumer trends in the health food products sector in Taiwan revealednot only that consumers prefer retail outlets over direct selling channels,but also that pharmacies are where consumers most often purchasehealth food products. While local pharmacies play a vital role in theislands healthcare system, continuous changes in retail trends,commercial practices and the national health insurance schemenecessitate that pharmacists should remain abreast of marketing andpromotional strategies to increase revenue profits.


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() Although the Taiwanese government hasimplemented separate frameworks for the medical andpharmaceutical sectors since 1997, the rate of hospitalprescription drugs filled by pharmacies is extremely low.This trend explains why over-the-counter drug purchases,

along with sanitary and other related medical products,have become major revenue for pharmacies. Localpharmacies have thus adopted a business model of one-stop shopping in recent years in which customers canpurchase a wide array of medical and health food products.

Despite the focus of empirical analysis ofpharmacies in business management strategies,orientation of pharmacists on marketing practices,consumer purchasing behavior and pricing strategies,previous studies have not developed a forecasting model tohelp pharmaceutical managers increase their scope of

effectiveness.


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()The inability to accurately forecast medical and health care share of

household consumption and the number of local pharmacies to be established

makes it nearly impossible for managers to analyze market competition

precisely and develop effective strategies. Unfortunately, conventional forecast

methods rely on large quantities of data to predict medical and healthcare

share of household consumption and the number of new pharmacies in comingyears. When these methods are adopted, approaches such as line regression

analysis and Time Series analysis depend on a regular pattern of data;

however, accumulating such data is extremely difficult. Although twenty

sources of data are available for healthcare expenditures per household

consumption in Taiwan in recent years, only six sources of statistical data are

available up to the present since the Taiwanese government implementedseparate frameworks for the medical and pharmaceutical sectors.

Therefore, a feasible forecasting method must be developed to estimate the

growth of medical and health care expenditures as well as pharmaceutical units

in Taiwan.


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() A feasible forecasting method can be developed to estimatethe growth of medical and health care expenditures as well aspharmaceutical units in Taiwan. To do so, medicaland health care expenditure-related data during the period 1999 to2002 can be obtained from the Central Region Office of the Budget,

Accounting and Statistics, Executive Yuan. Data on pharmaceutical

units can then be obtained from the 2003 Annual Report of theDepartment of Health. Based on data from those sources, GM (1, N)model of the Grey theory can be applied for forecasting purposes. As anticipated, the proposed forecasting method canaccurately estimate medical and health care expenditures as well asthe number of pharmacies to be established in Taiwan from 2003 to2005. The proposed method can also identify how the medical andhealth care share of household consumption is related to the number ofpharmacies. Results of this study can provide a valuablereference for both governmental authorities in formulating policies andpharmaceutical managers in developing competitive marketingstrategies. (NOTE : Add 2 more sentences that describe morethoroughly how the proposed method contributes to a particular field or

sector)


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writing problem and hypothesis statements for business research(17)

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