Download or read book The Value of Delegated Quality Control written by Alexander E. Saak and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the case in which a firm delegates quality control to an independent monitor. In a repeated game, consumers' trust provides incentives to acquire information about whether the good is defective, and withhold defective goods from sale. If third-party reports are observable to consumers, delegation lessens the first and dispenses with the second moral hazard concern but also creates agency costs. Internal quality control is optimal only if trades are sufficiently frequent and consumer information is sufficiently precise. This result holds in the presence of the possibility of collusion, fully non-verifiable presale information, and economies of scale in external quality control.
Download or read book Delegation of quality control in value chains written by Saak, Alexander E. and published by Intl Food Policy Res Inst. This book was released on 2016-04-21 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the decision of a firm that sells an experience good to delegate quality control to an independent monitor. In an infinitely repeated game consumers’ trust provides incentives to (1) acquire information about whether the good is defective and (2) withhold the good from sale if it is defective. If third-party reports are observable to consumers, delegation of monitoring lessens the first and dispenses with the second moral hazard concern but also creates agency costs due to either limited liability or lack of commitment. In equilibrium the firm controls quality without an independent monitor only if trades are sufficiently frequent and consumer information about quality is sufficiently precise. This result holds under different assumptions about feasible contracts, collusion, verifiability of reports, joint inspections, and the number of firms that hire the third-party monitor. If third-party reports are not publicly observed, delegation can be optimal only if two or more firms hire the third-party monitor because then both moral hazard concerns are present under delegation.
Download or read book Delegating Effectively written by Institute of Leadership & Management and published by Routledge. This book was released on 2007-06-07 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: With forty well-structured and easy to follow topics to choose from, each workbook has a wide range of case studies, questions, and activities to meet both the individual or organization's training needs. Whether studying for an ILM qualification or looking to enhance the skills of your employees, 'Super Series' provides essential solutions, frameworks and techniques to support management and leadership development.
Download or read book Standards for Internal Control in the Federal Government written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers? Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.
Download or read book Government Auditing Standards 2018 Revision written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision.
Download or read book Assistance Administration Manual written by and published by . This book was released on 1985 with total page 804 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Code of Federal Regulations written by and published by . This book was released on 2017 with total page 1124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries.
Download or read book Construction Cost Management written by Keith Potts and published by Routledge. This book was released on 2008-04-30 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Latham and Egan Reports have seen some significant changes in the role of the construction cost manager. Keith Potts examines the key issues and best practice in the cost management of construction projects under traditional contracts and new methodologies. All stages within the life cycle of a project are considered from pre-contract to tendering and post contract.
Download or read book Summary Digest of Statutes Enacted and Resolutions Including Proposed Constitutional Amendments Adopted in and Statutory Record written by California and published by . This book was released on 1971 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volumes include: Statutory record.
Download or read book Designing controls for network organizations written by Vera Kartseva and published by Rozenberg Publishers. This book was released on 2008 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Solid State Power Conversion Handbook written by Ralph E. Tarter and published by John Wiley & Sons. This book was released on 1993-05-06 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applications oriented, it contains all the pertinent and comprehensive information necessary to meet the growing demands placed upon solid-state power conversion equipment. These demands include improved reliability, increased efficiency, higher packing density, improved performance plus meeting safety and EMC regulations. Features a thorough assessment of basic electrical and magnetic aspects of power conversion as well as thermal, protection, radiation and reliability considerations. Stresses semiconductor and magnetic components and gives an analysis of diverse topologies.
Download or read book Department of Housing and Urban Development and Certain Independent Agencies Appropriations for Fiscal Year 1978 written by United States. Congress. Senate. Committee on Appropriations. Subcommittee on HUD-Independent Agencies and published by . This book was released on 1977 with total page 1020 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book NASA Technical Note written by United States. National Aeronautics and Space Administration and published by . This book was released on 1959 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The AMA Dictionary of Business and Management written by George Thomas Kurian and published by AMACOM Div American Mgmt Assn. This book was released on 2013 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now students, instructors, and professionals everywhere can find clear, authoritative, explanations of more than 6,000 key business terms. Prepared by a noted encyclopedist, The AMA Dictionary of Business and Management covers a vast range of terminology from all areas of business including management, strategy, finance, human resources, economics, marketing, sales, insurance, and international business. The book explains accounting rules, legal terminology, slang and buzzwords, acronyms, management theories, historical figures, economic concepts, performance metrics, and more-all the crucial ideas that have transformed business practices and management science in the past 25 years. In addition to concise definitions, this indispensable reference includes longer entries for ideas needing more elaborate explanations, as well as a pronunciation guide for difficult words, special sections on usage, and a thesaurus of related words. While quick definitions abound online, The AMA Dictionary of Business and Management supplies the depth and clarity lacking in most "webinitions." And it includes thousands of technical terms omitted from even premier unabridged dictionaries. From Abilene paradox to zero-based budgeting, this is an essential resource for anyone serious about business.
Download or read book Report of the Delegation of the United States to the Secretary of State written by and published by . This book was released on 1939 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Register written by and published by . This book was released on 2013-08 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Evaluating Critical Care written by William J. Sibbald and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring the quality of a complex service like critical care that combines the highest technology with the most intimate caring is a challenge. Recently, con sumers, clinicians, and payers have requested more formal assessments and comparisons of the quality and costs of medical care [2). Donabedian [1) pro posed a framework for thinking about the quality of medical care that separates quality into three components: structure, process, and outcome. An instructive analogy for understanding this framework is to imagine a food critic evaluating the quality of a restaurant. The critic might comment on the decoration and lighting ofthe restaurant, how close the tables are to each other, the extent ofthe wine list and where the chef trained. These are all evaluations of the restaurant structure. In addition, the critic might comment on whether the service was courteous and timely - measures of process. Finally, the critic might comment on outcomes like customer satisfaction or food poisoning. Similarly, to a health care critic, structure is the physical and human resources used to deliver medi cal care. Processes are the actual treatments offered to patients. Finally,outcomes are what happens to patients, for example, mortality, quality of life,and satisfac tion with care (Table 1). There is a debate about which of these measurements is the most important measure of quality.
