Managerial Economics

Managerial Economics Output No. 1 With regard to a hospital, a state university, and a museum, define (a) a possible primary aim, or goal, of each, (b) some of the constraints under which they operate, and (c) the relationship of (a) and (b) to the study of managerial economics. Name of Firm San Pedro Hospital Primary Goals We, the San Pedro Hospital community of health workers commit to: • Provide the best quality and compassionate health care services in satisfying all individuals with respect and reverence of their person; • Deliver quality satisfying services expected of a training health care institution; and • Witness as a community the mercy and compassion of a loving God in the performance of individual and communal responsibility. As a premiere Regional Center, the DNSC shall: • Vigorously pursue quality and relevant undergraduate programs equitably accessible to its clientele; • Be an institution where workers/professionals in industry, teaching and other professions seek advanced studies to upgrade their competencies; • Be an institution where appropriate technologies are continuously generated, modified/ improved and utilized by the industry and the people; and • Promote entrepreneurial development • As an educational institution, the Museum shall take the lead in disseminating knowledge of Dabawenyo cultural and historical heritage and developing a corps of professional personnel knowledgeable about the preservation, enrichment and dynamic evaluation of the Dabawenyo culture; and As a cultural center, the Museum shall take the lead in the study and preservation of the City's rich artistic, and cultural heritage, in the reconstruction and rebuilding of our past, and the development of the City's cultural wealth Possible Constraints • Financial constraints • Hospital building capacity • Availability of hospital devices to perform various tests. • Availability of medicine for diagnosed illnesses • Availability of doctors and medical specialist

Davao...