Description

You work for a public hospital which is procuring medicine for the upcoming fiscal year for their cardiology department. Under the Anticoagulants (also known as Blood Thinners) section the companies have made a range of offers for you to choose.

Only two of the offers meet requirement specifications stated in your bid. Since you have a limited budget available to you, you can either choose Option A, the more expensive high-quality option, or Option B, the more affordable but lower quality option, to be issued to patients with heart disease throughout the year.

Clearly due to a restricted budget, if you choose Option A, you will purchase less medication which means you will only be able to treat fewer patients. You are in the evaluation committee of this contract and must make a decision to choose between Option A or Option B based on what you believe to be the best interest of the organization.

Answer the questions below:

• How do you define best interest of the organization in this specific case of the Anticoagulants medication?
• Which Option will you choose? State three reasons why you would make this choice! (please elaborate your answers as much as possible using the principles introduced in the course)