The Second Largest Global Manufacturer of Escalators and Elevators - Schindler Free Essay Example, 2500 words

The downward trend from 2004 to 2005 has been reversed from 2005 up to 2008 (Exhibit 2). Since 2005, this ratio is increasing over the years. Schindler Holding has made its total assets work harder in order to generate revenue, as apparent in the upward trend of the ratio. Schindler Holding utilises both equity and debt in financing its operations. The company uses 72% of debt in financing its operations in 2004, 69% in 2005, 70% in 2006, 71% in 2007 and 70% in 2008 (Table 1). This debt policy is relatively stable for the company over the years, which is illustrated by the relatively flat trend for the company's debt ratio. In order to measure the company's profitability, four ratios are used for the analysis the operating profit margin on sales, the net profit margin on sales, the return on total assets, and the return on equity. In 2004, the company's operating profit margin is 6% of sales, 7% in 2005, 7% in 2006, 6% in 2007 and 6% in 2008 (Table 1). The trend for this ratio has been relatively flat over the years (Exhibit 4). We will write a custom essay sample on The Second Largest Global Manufacturer of Escalators and Elevators - Schindler or any topic specifically for you Only $17.96 $11.86/page

Children and Gangs Essay - 716 Words

The problem of gangs is growing, and not only in major city centers. The Justice Department says there are now 30,000 gangs with more than 800,000 members. The National Youth Gang Centre (NYGC), which conducts an annual survey that is funded by the Justice Department, concedes that every town of 250,000 people now has a gang problem. Many young adults who join gangs may do it for the following reasons: - Gangs may offer kids a powerful group identity and a kind of recognition they cannot get at home or elsewhere. - Protection - If there are many gangs in an area, joining one of them may offer protection from rival gangs. - Feeling of Belonging - Gang activity may offer a feeling of being a part of a quot;familyquot; that is†¦show more content†¦Parents need to help their children develop self-esteem to try and give them the courage to avoid joining a gang. - Support your childs goals and ideas, even if they differ from your own. - Encourage your child to make independent choices. - Give your child a chance to contribute to the family. Assign chores or jobs that your child is old enough to do. - Focus on your childs good points. Praise positive behavior. - Let your child know you expect good efforts and hard work in everything. - Teach your child that trying hard counts. Praise your childs efforts as well as achievements. - Set reasonable limits and follow through on them. That way, your child learns to handle limits. - Ask for your childs opinions and decisions on family matters. - Express your feelings and encourage your child to do the same. Try not to judge or criticize your childs feelings. - Make it clear that you love your child as he or she is. Be Involved In Your Childs Life - Show interest in your childs schoolwork, hobbies, and friends. - Work to build open, ongoing communication with your child. - Listen without being quick to judge. - Set aside time for positive family activities. - Monitor what your child watches and listens to, especiallyShow MoreRelatedEssay about Children and Gangs1455 Words   |  6 PagesChildren and Gangs      Ã‚  Ã‚   Gang violence is a huge problem in America today. More and more children are joining gangs every day. It has become evident that these gangs made up of young people are causing numerous problems. Gang violence and gang activities impact all of those around the gang members. The kids in these gangs are hurting themselves, each other, their families, and the communities around them. Those who are associated with the gangs through family ties or just those who areRead More The Effect of Gangs in There Are No Children Here Essay949 Words   |  4 PagesThe Effect of Gangs in There Are No Children Here  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚   Throughout There Are No Children Here, a continuous, powerful tension always lurks in the background. The gangs that are rampant in the housing projects of Chicago cause this tension. In the Henry Horner Homes, according to Kotlowitz, one person is beaten, shot, or stabbed due to gangs every three days. In one week during the authors study of the projects, police confiscated 22 guns and 330 grams of cocaine in Horner alone (KotlowitzRead More Innocent Children, Violent Gangs Essay examples1169 Words   |  5 PagesInnocent Children, Violent Gangs      Ã‚   18, 059 violent felonies, 690 deaths, and 13,000 hard-core killers. What is the horrible cause of these striking statistics? Gangs. Gangs are a problem in nearly every state and 83 percent of the largest cities in the United States. The problem of gangs and their negative impact on the communities they exist in continues to grow and nothing seems to be able to stop this powerful growth. Gangs not only exist in just inner cities anymore, but in townsRead MoreGangs And Its Effects On Society Essay1320 Words   |  6 PagesGang members may feel that gangs are merely a family and other see them as violent people with no direction that need to be locked away. Gangs cause fear to those that live around them, but to children that have no support system gangs appear to be a surrogate family. Gangs are not all about friends committing crime, but to a gang member a way of life. Gangs that are a threat to society is a problem, but one that can be changed by silencing the influen ce of the media, parenting your children, andRead More Gang Violence in the United States Essay1192 Words   |  5 PagesGang Violence in the United States Gang violence in America is reaching alarming proportions. Chicago police Commander Donald Hilbring states, Gangs are everywhere. All throughout the city of Chicago, the suburbs, throughout the state, throughout the nation. Chicago police state that so far this year, more than 100 gang-related murders have occurred. Everyday an other report on the evening news relays the tragedy of a child accidently caught in gang crossfire. The image of blackRead MoreRacial Segregation Of Chicago And Explosive Gang Related Crime1671 Words   |  7 Pagesthe aforementioned the white gang’s behaviors have contributed to the racial segregation of Chicago and the explosive gang related crime in the present day south side of Chicago. Just like African Americans formed gangs to protect themselves against Chicago s white gangs, the Latin Kings formed in Chicago with the same intent. In Chicago Mr. Sanchez a member of the Latin Kings gang shared in an interview: How the Latin Kings were originally formed decades ago to protect the Puerto Rican communityRead MoreThe Community Problem of Gangs and Related Violence1049 Words   |  4 PagesThe community problem of gangs and related violence is prevalent all over the United States. Young people join gangs for a variety of reasons. Some may feel isolated from their general school or social communities and search out the connections and community affiliation offered by gangs. Others are seduced by the importance attached to generally laudable qualities like loyalty and honor. In a gang setup, however, these are generally proven by violent or criminal activities. Some young people couldRead MoreWhy Do Juveniles Join Gangs?1138 Words   |  5 PagesGANG VIOLENCE PREVENTION WHY DO JUVENILES JOIN GANGS? Juveniles often join gangs to be accepted into a society of their peers. These juveniles are looking for acceptance and a sense of belonging. They join these gangs for special status amongst their friends, protection from other gangs, financial help, peer pressure, excitement and for some juveniles, they are born into a gang society and it is a family tradition. Gangs can also act like a family. They will praise, chastise and show them aRead MorePeer Group : The World s Most Dangerous Gang1664 Words   |  7 Pagesthe World’s Most Dangerous Gang, highlights the importance of peer pressure between humans within society. â€Å"Gang† or â€Å"clique† mentalities are part of what creates our relationships, friendships, and every day human interactions. The stronger a bond between individuals and their core values, beliefs, and interests, the more influential and attractive a gang/clique mentality will be to others seeking a group of friends to fit into. Many childr en are associated with gangs at a young age for a varietyRead MoreA Report On Somali Gang Formation795 Words   |  4 PagesSomali Gang Formation Somalis began arriving in west in the early 1990s when the civil erupted in Somalia. Refugees fleeing civil war in their homeland did not find the life in the west the milk and honey as they thought it was. Due to language barrier and cultural shock, a widespread unemployment hit the Somali community more than any other races in the UK, Canada and United States. In addition to that unemployment, non-Somali gangs targeted the young Somalis who entered the school system with

The New Jim Crow Laws - 1667 Words

In the book the New Jim Crow Laws there is racial discrimination on the African American people in the American society. What is racial discrimination? It is refusing somebody based on race. In the United States we have been racial discriminate on the African American people and that is what cause the south and north to go civil wat was because slavery and racism that existed and even still to this day. In the south the black were less and treated unequal to them historically even today were are still experiencing a civil rights movement. In the recent years society had a civil right movement when Obama become the first black president in history in the 2008 and still serving until 2016. In this book is comparing the pre Jim Crow laws to Current the Jim Crow laws. Analysis of the Book New Jim Crow Laws This book the new Jim Crow Laws in a modern version of to kill mocking a bird. In the book killing a mocking bird Atticus is a white lawyer. He is representing a black man during that 1960’s when the Jim Crow Laws existed. The Jim Crow Laws were laws written to separate the blacks and whites in the public areas this meant African Americans could not use the same bathroom, be at the same school, and even at to sit at the back of the bus. They had unequal opportunities and even the in government. In the book Maycomb accused Tom Robinson of rapping her. In the book Atticus and Tom Robinson could have both been lynched. The court case in the book and the jury isShow MoreRelatedThe New Jim Crow Law1014 Words   |  5 PagesMass incarceration is known as a net of laws, policies, and rules that equates to the American criminal justice system. This series of principles of our legal system works as an entrance to a lifelong position of lower status, with no hope of advancement. Mass incarceration follows those who are released from prison through exclusion and legalized discrimination, hidden within America. The New Jim Crow is a modernized version of the original Jim Crow Laws. It is a modern racial caste system designedRead MoreMass Incarceration In Michelle Alexanders The New Jim Crow Laws1083 Words   |  5 PagesJim Crow laws were state and local laws that reinforced racial segregation in the South between the end of Reconstruction in 1877 and the beginning of the civil rights movement in the 1950’s (Urofsky). The laws mandated segregation of schools, drinking fountains, restrooms, buses, and restaurants. In legal theory, blacks received â€Å"separate but equal† treatment under the law--in actuality, public facilities were nearly always inferior to those for whites, when they existed at all. In addition, blacksRead MoreThe Strange Career of Jim Crow by C. Vann Woodward1063 Words   |  5 PagesWoodward wrote The Strange Career of Jim Crow for a purpose. His purpose was to enlighten people about the history of the Jim Crow laws in the South. Martin Luther King Jr. called Woodward’s book, â€Å"the historical Bible of the civil rights movement.† (221) Martin Luther King Jr.’s quote revealed the true importance of Woodward’s book. Woodard’s book significance was based on it revealing the strange, forgotten facets of the Jim Crow laws. Assumptions about the Jim Crow’s career have existed since itsRead MoreEssay on The Strange Career of Jim Crow1336 Words   |  6 PagesThe Strange Career of Jim Crow C. Vann Woodward’s book, The Strange Career of Jim Crow, has been hailed as a book which shaped our views of the history of the Civil Rights Movement and of the American South. Martin Luther King, Jr. described the book as â€Å"the historical Bible of the civil rights movement.† The argument presented in The Strange Career of Jim Crow is that the Jim Crow laws were relatively new introductions to the South that occurred towards the turn of the century rather thanRead More Jim Crow Laws Essay1536 Words   |  7 Pages â€Å"Jim Crow Laws were statutes and ordinances established between 1874 and 1975 to separate the white and black races in the American South. In theory, it was to create separate but equal treatment, but in practice Jim Crow Laws condemned black citizens to inferior treatment and facilities.† The Jim Crows Laws created tensions and disrespect towards blacks from whites. These laws separated blacks and whites from each other and shows how rac e determines how an individual is treated. The Jim CrowRead MoreThe New Jim Crow : Mass Incarceration Essay795 Words   |  4 Pagesasked to write a reflection on discussed The New Jim Crow: Mass Incarceration in the Age of Colorblindness which is a book written by Michelle Alexander a highly acclaimed civil rights lawyer, advocate and Associate Professor of Law at Ohio State University. Michelle Alexander states that although we made tremendous progress with Civil Rights Movement in the 1950s by unifying as a race and fought to seemingly ended the old Jim Crow era by the passing of laws such as the 1965 voting act and Brown V.SRead MoreJim Crow And The Civil Rights Movement1363 Words   |  6 Pages During this time, Jim Crow laws were heavily enforced, but where did these Jim Crow laws come from? Why were these oppressive laws named Jim Crow? While many people have heard of Jim Crow laws, most do not know or understand the origins, history, affects, and aftermaths of this infam ous name. The name Jim Crow was not randomly chosen. During the 1830s, Thomas D. Rice, a white entertainer and playwright, became famous because of his black-face comedic act, Jim Crow. Jim Crow was the portrayal ofRead MoreJim Crow Laws Essay1650 Words   |  7 PagesSection 1: What happened when the Jim Crow laws were first created? When the Jim Crow laws were first created, they were supposed to make racism legal in our country, even though there were laws protecting all races of people. The government tried to pass laws for a long time to prevent black and white races from interfering with each other, legally. As research says, â€Å"The Fourteenth Amendment to the U.S. constitution, adopted in 1866, guarantees that no state may ‘abridge the privileges or immunitiesRead MoreThe New Jim Crow : Mass Incarceration1370 Words   |  6 Pages changed, and shaped into unrecognizable ways that fit into the fabric of the American society to render it nearly invisible to the majority of Americans. Michelle Alexander, in her book, The New Jim Crow: Mass Incarceration in the Age of Colorblindness shatters this dominantly held belief. The New Jim Crow makes a reader profoundly question whether the high rates of incarceration in the United States is an attempt to maintain blacks as an underclass. Michelle Alexander makes the assertion that â€Å"[w]eRead MoreThe Everlasting Jim Crow System973 Words   |  4 Pages The everlasting Jim Crow system According to The New Jim Crow (Alexander, 2010), today s society in the United States endured totally three major periods of racial regulation system: The Slavery, The Jim Crow and The Mass Incarceration. The latter still dominates, and it perpetuates racial caste system in a way which is legalized and normalized under the sugarcoating of colorblindness. According to the author, the mass incarceration eventually becomes the new Jim Crow System, and it represents

Essay on Letter from Birmingham Jail by Martin Luther King...

Letter from Birmingham Jail by Martin Luther King Jr. Martin Luther King Jr.s Letter from Birmingham Jail, was very persuasive to a wide variety of audiences. Not only did he directly address the writers of the newspaper article, but included fellow African Americans with their struggle to gain acceptance. What makes this letter persuasive, is the amount of examples and situations described by Martin Luther King Jr. King also gains credibility by citing these sources without a history book, using only his own intellect that shows that he is not just your average man. Martin Luther King Jr. directed his letter to the white clergymen of Birmingham, in a response to their newspaper article criticizing him for his actions. At the†¦show more content†¦Martin Luther King uses historical examples to prove his point, using logos which most intellectuals can understand, and then uses examples for any African American can understand. In paragraph 16, King talks about St. Thomas Aquinas and his definition of an unjust law. Any law that degrades human personality is unjust.(King, Pg.3) In Paragraph 21, In the refusal of Shadrach, Meshach, and Abednego to obey the laws of Nebuchadnezzar, on the ground that a higher moral law was at stake.(King, Pg.4) He discusses Nebuchadnezzar and how people in that time refused to obey his laws because they were unjust, just as he did in Birmingham. Socrates, the Boston tea party, early Christians who gave their lives for their religion. These historical events gave King an edge in his persuasiveness. Now he isnt just someone who has broken laws, now he is now just like all other famous ancient historical figures. However he also addresses his Negro brothers in paragraph 14, when he describes what its like to have to tell your children that they cant go somewhere or do something because they are black, or what it is like to watch as your family is beaten or lynched in front of your eyes. He is directing this at theShow MoreRelatedMartin Luther King Jr., â€Å"Letter f rom Birmingham Jail†3011 Words   |  13 Pages[Date] Martin Luther king Jr., â€Å"Letter from Birmingham Jail† Outline 1. Introduction i) Argument about â€Å"Justice and injustice† ii) Religious appeals in King’s latter iii) Paragraph fourteen of King’s latter 2. Discussion 3. Conclusion Introduction The pressure of racial segregation was reaching a boiling point in 1963 in Birmingham, Alabama. After being arrested for his part in the Birmingham Campaign, Dr. Martin Luther King Jr. wrote an open letter in responseRead MoreMartin Luther King Jr : Letter From Birmingham Jail Essay1678 Words   |  7 Pages Martin Luther King Jr: Letter from Birmingham Jail Hao Ran Hu SUNY Broome Hao Ran Hu Global History Professor St.Clair 2016 Martin Luther King Jr: Letter from Birmingham Jail One of the interesting Documents in World History is the ‘Letter from Birmingham Jail’ by Martin Luther King Jr who was born as Michael King in 1929 in Atlanta. His parents were partRead MoreLetter From Birmingham Jail By Martin Luther King Jr.1259 Words   |  6 PagesLetter from Birmingham Response The Letter from Birmingham jail was written on April 16th, 1963 by Martin Luther King jr. Martin was a prominent leader and protester in the fight against racism. King was put in jail for protesting in the streets without a permit and that is where he read the letter. The letter was written as response to the Letter from the Eight Clergymen. Their letter called for the end of the peaceful protests which were lead by King and his supporters. During the time the letterRead MoreThe Letter From Birmingham Jail By Martin Luther King Jr.990 Words   |  4 PagesThe Letter from Birmingham Jail by Martin Luther King Jr. is written to the injustices of the African Americans by the white man supremacy, and to address the direct actions African Americans were making to change the people’s perspective. The books that have been read in this class reflect the same injustices that Martin Luther King Jr is addressing in his letter. The main point of this letter is to address the direct actio n being taken by the African Americans and how they sacrificing everythingRead MoreLetter From A Birmingham Jail By Martin Luther King Jr.920 Words   |  4 PagesIn his â€Å"Letter from a Birmingham Jail,† Martin Luther King Jr. makes appeals to ethos, logos, and pathos to convince the clergymen that colored people have been waiting for too long for political, economic, and social justice and freedom. He argues that it’s unfair to promise someone, or a group, for a change and not fulfill that promise. Along with demonetizing and/or belittling a person to the point where they don’t feel as important or as worth as they should; making them feel hatred and angerRead MoreLetter From Birmingham Jail By Martin Luther King Jr. Essay1683 Words   |  7 PagesIn â€Å"Letter from Birmingham Jail†, Martin Luther King Jr. wrote a response to clergymen defending his actions that placed him in a jail in Birmingham, Alabama. King did not respond to all the criticis m that crossed his desk, but this time King felt he was compelled to respond. This obligation King felt was due in part to men with good will and intentions stating that his actions were â€Å"unwise and untimely† (Pg. 835). King’s purpose in writing â€Å"Letter from Birmingham Jail† was to defend the strategyRead MoreLetter From Birmingham Jail By Martin Luther King Jr. Essay1211 Words   |  5 PagesA Letter’s Purpose In â€Å"Letter from Birmingham Jail† by Martin Luther King Jr. writes specifically to southern clergy men but also expands to anyone who opposes the civil rights movement. He informs his audience about the purpose of the civil rights movement and its importance to black and white people in terms of living as equals in a more peaceful society. King urges the public to understand the purpose of peaceful protests and the civil rights movement. He also wants people to understand the hardshipsRead MoreLetter from Birmingham Jail, by Martin Luther King Jr. Essay938 Words   |  4 Pages Is it not ironic that Martin Luther King Jr. s, â€Å"Letter from Birmingham Jail†, which testifies to his struggle for Civil Rights; not only contradicts the time Martin Luther King wrote it in, but also echoes the same sentiments of today’s moral causes and laws? . Dr. King (*) then known as Baptist minister Martin Luther King Jr. wrote the Letter to Birmingham in response to his fellow clergymen’s criticisms of him being locked up for his actions in Birmingham’s Civil Rights protest. The letter’sRead MoreMartin Luther King Jr. s Letter From A Birmingham Jail1157 Words   |  5 PagesMartin Luther King Jr.’s â€Å"Letter from a Birmingham Jail† is directed towards the clergymen, although America is his audience, King had come to Birmingham to address the segregation problem in the United States. He refuses to stay silent, even though people told him to wait for the change to happen. King is a part of the Southern Christian Leadersh ip Conference that has many organizations across the South. He felt that he has a right to be in Birmingham because his organizations have connections withRead MoreEssay on Letter From Birmingham Jail, by Martin Luther King Jr.742 Words   |  3 PagesDr. Martin Luther King Jr. one of many great influential speakers wrote a life changing letter after being arrested for peacefully protesting African American rights. While sitting in jail Dr. King received a letter from clergymen questioning his motives and timings for being in Birmingham. In a response Dr. Martin Luther King Jr. writes a â€Å"Letter from Birmingham Jail† vividly expressing physical and emotional purposes for his presence in Birmingham, AL. First, in the â€Å"Letter from Birmingham Jail†

Health Leadership Theory Free Essays

Leadership Midterm Chapter 1 Introduction 1. Leadership- a process whereby an individual influences a group of individuals to achieve a common goal. 2. We will write a custom essay sample on Health Leadership Theory or any similar topic only for you Order Now Trait vs Process Leadership- innate characteristics that individuals are born with vs properties possessed that one is able to develop. 3. Assigned vs Emergent Leadership- based on occupying a position within an organization vs an individual perceived by others as most influential member of a group regardless of individuals title. 4. Power- capacity or potential to influence (beliefs, attitudes, actions) 5. Bases of Power: . Referent power- follower’s identification and liking for the leader b. Expert- based on followers’ perceptions of the leader’s competence. c. Legitimate- having status or formal job authority. d. Reward- having the capacity to provide rewards to others. e. Coercive- having the capacity to punish others. Real, Expert, Leaders, Reward Compliance (1st two are personal power while the ladder three are positional power) Chapter 2 Trait Approach * One of the first systematic attempts to study leadership. Early theories focused on innate qualities /characteristics. Major Leadership traits***: 1. Intelligence- verbal, perceptual, and reasoning capabilities 2. Self-confidence- certainty about one’s competencies and skills 3. Determination- desire to get the job done 4. Integrity- quality of honesty and trustworthiness. 5. Sociability- Leader’s inclination to seek out pleasant social relationships. Israel’s, security, defense, is, strong * Big Five Personality factors: 1. Neuroticism- tendency to be depressed, anxious, insecure,†¦ (don’t want) 2. Extraversion**- tendency to be sociable and assertive with positive energy. . Openness- informed, creative, insightful, and curious. 4. Agreeableness 5. Conscientiousness- thorough, organized controlled, dependable, and decisive. * Emotional Intelligence- ability to perceive and apply emotions to life’s tasks. The premise is that people who are more sensitive to emotions their impacts will be more effective leaders. Chapter 3 Skills Approach * Le adership skills- ability to use one’s knowledge and competencies to accomplish a set of goals and objectives. * Katz developed the Three-Skill Approach: 1. Technical- having knowledge about and being proficient in a specific type of work or activity. 2. Human skill- having knowledge about and being able to work with people. 3. Conceptual skill- the ability to do the mental work of shaping meaning of organizational policy or issues. Top management has high human and conceptual, but low technical. Middle management has high everything Supervisory management has high technical, high human, and low conceptual. * Chapter 4 Style Approach Style Approach emphasizes the behavior of the leader: 1. Task behaviors 2. Relationship behaviors Studies: 1. Ohio state studies developed a leadership behavior description questionnaire (LBDQ) and it resulted in leaders with initiating structure and consideration. 2. University of Michigan-results in leaders with two type of behavior: employee oriented and production oriented. Blake Mouton’s Managerial Leadership Grid focuses on concern for production and people. *Be able to draw this* Note that the first 4 chapters focused on the leader and his abilities. The next few chapters focus on the interaction with subordinates. Chapter 5 Situational Approach Leaders must match their style to the competence and commitment of subordinates. Leaders need to diagnose the situation and then adapt their style. **** Chapter 6 Contingency Theory Leader Match Theory Fiedler developed the Contingency model High LPCs are effective in moderately favorable conditions while low LPCs are effective in extreme conditionis. Chapter 7 Path-Goal Theory Centers on how leaders motivate subordinates to accomplish designated goals. Leadership generates motivation when it: 1. Increases rewards (payoffs) 2. Increases assistance by leader- clarifies defines goals 3. Removes obstacles 4. Makes work personally satisfying R,CD,O,S Chapter 8 Leader-Member Exchange Theory High quality leader member exchanges between leaders and followers produced multiple positive outcomes (less employee turnover, greater commitment, promotions,.. ) Quint Studer Introduction Managers create the best possible plan to deal with the changing external environment. And they do this in a quick fashion. â€Å"We are only as strong as our weakest link. † Chapter 1 Alignment Healthcare organizations must be aligned to provide excellent medical care. The difficulty here is that most organizations don’t have a uniform or seamless organization. It takes significant amounts of time for information/procedures to flow down through the organization from C-Suite leaders to supervisory personnel and this process needs to speed up. Chapter 2 Action How quickly and effectively leaders can drive action determines whether an organization lives or dies. As leaders we must be able to anticipate the outcome of changes in the external environment as they are occurring and respond appropriately. This is prohibited as the majority of leaders do need get prepared for their leadership role. Studer identifies that the training should cascade through an organization with leader taking ownership of training leaders below them. Chapter 3 Accountability Organizations require a system to be in place that holds people accountable for their actions. While top managers might say that their leaders are performing exceptionally when compared with yearly goals this doesn’t line up. The majority of time the managers results doesn’t match up with there reviews because there is a serious disconnect. Studer suggests that leaders take the lead in creating accountable organizations. Set specific goals, properly measure the data, and watch how results vary, act accordingly. Also, be able to change the system quickly as the environment changes. Chapter 4 Leader Consistency Best Practices All leaders in the organization need to be consistent with each other and adopt/implement best practices. Leaders often have difficult implementing best practices. Reasons for this include that leaders of one organization might not want their successful strategies being utilized in another company because they will no longer have the edge.. Current Events Hospital Partnerships Hospitals are now forming partnerships in an attempt to decrease expenses and increase quality of care. Understand what the term synergistic means. Ex. 1+ 1=3 Together something may be obtained, but individually this could never happen. Fraying Hospital Safety Nets While safety net hospitals receive less reimbursement for procedures they are still maintaining high quality of compare. This article demonstrated through studies that these less aesthetically pleasing hospitals have similar if not better readmission rates than others. Healthcare Reform Law Creates New Age of Consumerism If Obamacare gets implemented the 40 million uninsured individuals in the US will now have access to healthcare. This brings a new age of consumers accessing health services. Since a lot more people are coming into the system many companies are restructuring their services to make them more â€Å"digestible† said Karen ignangi CEO. Medi-cal recipients warned they could lose day healthcare benefit Medical recipients might loose ability to attend adult day healthcare center where they receive nursing care, social services, and meals. To continue receiving benefits these individuals must enroll in managed care programs. Cedars Sinai- UCLA cut from LA city health plan Because of increased cost cefars and ucla DOCTORS have been cut from anthem blue cross network. 60,000 employees are unable to attend these hospitals for future services. Because of research and public perception cost these hospitals are capable of charging higher rates. New system for patients to report medical mistakes â€Å"Currently there is no mechanism for consumers to report information about patient safety events. † Politicians and other officials state that it would be beneficial to implement a system where patients/consumers can give feedback regarding their experiences. This will increase the quality of care over time. Some officials are worried that patients may mischaracterize an outcome as an adverse event because they have a lack of medical knowledge. Patients would report these errors using a website and telephone interviews. What, when, where,.. Allergan drops bid for FDA approval to promote Lap-Band for teens The company sought permission from FDA to promote lap band for kids as young as 14. After a period of time they withdraw the permission and stopped asking for it. The company faces declining revenues and is likely trying to bring them up by getting into a new market of younger kids/adults. Allergan has yet to publish their clinical results which creates doubt in its effectiveness and may be the reason why they withdrew permission. Five people have died as a result of procedures and obesity is still a catastrophic problem in our society. We need to be pushing diet, exercise, and healthy eating habits rather than surgery.. Filipino nurses win language discrimination settlement $975,000 settlement was reached between the hospital and many philipino nurses that worked there and were prevented from speaking their native language. They claimed they were followed and harassed by security and other individuals. They were even threatened by the instillation of security cameras. All the while other individuals were aloud to speak their native languages like Spanish. Administrators don’t want them speaking other languages because it makes patients feel uncomfortable. Patients need to know what’s going on at all times since their health is at stake.. Doctor turns away obese patients Put staff at risk, office isn’t equipped to handle care of over weight patients, equipment costs are high. She is legally allowed to do this but ethically it is unsound. Where did Dr. Rubino go on vacation? St Petersberg, Russia KNOW THE TRENDS IN HEALTHCARE: 1. Cost cutting will be top of mind for CEOs: mergers/partnerships, outsourcing functions to less costly vendors,†¦ 2. IT will also be of importance; incorporating EMR, and health information exchange 3. Expect consolidation, mergers, and zcquisitions 4. Expect higher turnover in C-suite as redirection and early retirements occur. These positions are now more demanding and involve more conflict. KNOW THE CASE STUDIES WE DID IN CLASS (HINT) Study the case studies they will be reworded Introduction is included in Quint Studer When you permit you promote Draw the contingency model What would prevent a manger from preventing a best practice? Ego is one answer What word could you use to describe _______? Synergistic relationships*** Exam question His own article on the amount of money that is being wasted in the medical field. The budget for medical services per year in the US is $2. 2 Trillion of which $750 billion is determined to be wasted. There is groups like administrative waste (working on projects and things that are not necessary), physicians suggesting services not contingent with evidence based medicine, fraud,†¦ How to cite Health Leadership Theory, Essay examples

Auditing Standards Committee of Auditing Section

Question: Discuss about the Auditing Standards Committee of Auditing Section. Answer: Introduction: There are relative two significant threats, which are identified from the above-depicted situations. Self-Interest Threat is the first major concern, which is might hamper the overall viability of the auditing report. According to Section 290.106, if threat arises from member of the assurance team then it must be eliminated by terminating or removing the person (apesb.org, 2016). In addition, removing the auditor from the team might help Fellowes and Associates reduce the overall risk from the auditing procedure. Ma (2016) mentioned that detection of auditing risk is essential for validating auditors report. On the other hand, Smith (2013) criticizes that some auditors use unethical measures in conducting audit procedures, which violates the rules laid down by GAAP and IFRS. According to section AUST290.41.3, Self-Interest Threat mainly arises, when member of the assurance team could financial benefit from the audit procedure (apesb.org, 2016). In the current situation, one of the audit members has shares of the company, which increases the chance of self-interest. This situation is mainly a threat to the audit procedure, which might in turn hamper the overall viability of the audit report. The conflict of interest could not help in depicting viable and actual audit report, which could in turn hamper auditors creditability. Kumar Sharma (2015) stated that complying with rules and regulations mainly allow auditors to increase authenticity of the auditors report. Fellowes and Associates valuing intangible assets of HCHG According to APES 110, section 290.174 290.179 relevant valuation issues could be evaluated (apesb.org, 2016). In addition, the section mainly depicts asset valuation, which is to be conducted by the auditor to detect any variation in valuation. According to section 290.176, mainly states the valuation problems only arises if subjective degree is used in determining the actual value of the assets. In this specific case, self-review threat is detected from the situation, which might hamper audit engagement. Moreover, the main threat circulating intangible asset valuation is the subjective observation, which is taken by auditors during the auditing procedure. Ojo et al. (2016) mentioned that identification of material misstatement could mainly improve the overall viability of the auditors report. However, Abernathy et al., (2015) argued that intangible material misstatement could be identified, as subjective observations are valued on personal preference. Thus, material misstatement of intangible assets is the maximum threat, which might hamper the overall viability of the audit report conducted by Fellowes and Associates. In addition, the section 290.174 290.179 is mainly identified as the viable law portrayed by APES 110, which might influence the auditing report of the company (apesb.org, 2016). In this regard, Elliott, Fanning Peecher (2016) argued that valuation of the overall auditing report might be reduced is material misstatement is fairly higher than estimated. Depicting the actions that could be taken by Fellowes and Associates to eliminate potential threats arising from the independent situations: After evaluating the overall scenarios relative measure could be taken, which might in turn help in validating the audit procedure. In addition, the overall limitations and threats detected in the situation could be reduced by using relevant actions depicted in APES 110. First situation: The first situation mainly has two distinctive threats, like Self-Interest Threat and Financial Interest in an Assurance Client. These two threats mainly need different types of measure and action, which could help in reducing misstatement of the audit report. In addition, AUST 290.41.3 "Self-Interest Threat and Section 290.106 Financial Interest Assurance is mainly identified as the major APES 110 rule, which might be used in understanding the threat reducing viability of the audit report (apesb.org, 2016). Moreover, Townsend (2016) mentioned that using relative APES 110 regulations mainly allow auditors to prepare ethically viable audit report. The overall section depicts that auditor might be removed from the audit team if it has financial interest or relationship with the auditing firm. This measure is adequate to reduce the ethical process or misstatement arising in the auditing procedure. In addition, the auditing team could dispose the indirect financial interest of the team members, which might in turn hamper viability of the audient report. Removing the members from audit team could mainly help in reducing the financial interest and material misstatement from audit procedures (Ma, 2016). Second situation: The second situation mainly states the intangible asset valuation threat, which could be detected in the audit procedure. In addition, this threat might hamper the overall viability of the assets valuation, which in turn might detect financial stability of the company. In this context, Elliott, Fanning Peecher (2016) mentioned that additional audit report mainly allows the company to ensure investors regarding financial stability of the company. Moreover, the company will need an additional valuation from independent auditor, which might be used in detecting the actual valuation of the intangible assets. On the other hand, Ojo et al. (2016) criticises that intangible assets valuation could be changed with different auditors, as observation is mainly subjective. In addition, the company to reduce threat from valuation could use professional accountant. Moreover, the company could arrange new accountant or auditor for evaluating the intangible assets (apesb.org, 2016). This, valuation could mainly help in reducing the misstatement, which could be depicted in the financial report of the company. Both the situation mainly depicts the unethical auditing process, which might be detected from valuating financial records of Health Care Holdings Group. Moreover, using relevant section of APES 110 could mainly help in reducing the overall auditing threats, which might increase misstatement in the auditor report (apesb.org, 2016). Reference: Abernathy, J., Hackenbrack, K. E., Joe, J. R., Pevzner, M., Wu, Y. J. (2015). Comments of the Auditing Standards Committee of the Auditing Section of the American Accounting Association on PCAOB Staff Consultation Paper, Auditing Accounting Estimates and Fair Value Measurements: Participating Committee Members.Current Issues in Auditing,9(1), C1-C11. apesb.org (2016). Retrieved 27 December 2016, from https://www.apesb.org.au/uploads/standards/apesb_standards/standard1.pdf Elliott, W. B., Fanning, K., Peecher, M. E. (2016). Do Investors Value Financial Reporting Quality Beyond Estimated Fundamental Value? And, Can Better Audit Reports Unlock This Value?. Kumar, R., Sharma, V. (2015).Auditing: Principles and Practice. PHI Learning Pvt. Ltd. Ma, N. (2016).Regulation of auditor change in Australia: audit pricing, reporting lag and equity valuation implications(Doctoral dissertation, University of Technology, Sydney). Ojo, M., Ali, A., Lee, T. H., Mohamad, R., Yusof, N. Z. M. (2016). The Audit Expectations Gap: Mitigating Information Asymmetries.Analyzing the Relationship between Corporate Social Responsibility and Foreign Direct Investment, 162. Pcaobus.org. (2016). Retrieved 27 December 2016, from https://pcaobus.org/Standards/Auditing/Pages/AU110.aspx Smith, J. A. (2013). Ethical Business Practices Overview.Ethical and Legal Issues for Doctoral Nursing Students: A Textbook for Students and Reference for Nurse Leaders, 237. Townsend, S. R. (2014).The regulation of auditor ethical behaviour in Australia(Doctoral dissertation, Macquarie University).

What I Learned In Psychology Class Essay Example For Students

What I Learned In Psychology Class Essay Robert Tower, PresidentThe Tower Mart Inc. 25 Glen Blvd. Arlington Heights, ILDear Bob:Thanks for meeting with me again last week. I continue to be interested in purchasing the assets of Tower Mart, Inc. If we reach an agreement regarding my purchase, I plan to transfer these assets to a new corporation that I am forming. My new company would then run a convenience store similar to what you are currently operating. I am interested in purchasing the following assets: the inventory, fixtures, equipment, leasehold improvements, and business name. In addition, I will need all necessary licenses and permits transferred to me. I will expect you to give me a covenant not to compete stating that for three years, you will not open a similar store in our city. The purchase price for all of the assets as well as the good will and your covenant not to compete would be $150,000, as we have already discussed. As an indication of my good faith in pursuing this matter, I am enclosing a check for $1,000 as earnest money. I would pay an additional $49,000 in cash at closing. The balance of $100,000 would be amortized in equal monthly installments over a period of 10 years with interest at the rate of 10% per annum. Regarding the inventory, we will check this at the time of closing. If the inventory is valued at less than $45,000, the purchase price would be reduced accordingly. Also, as we already discussed, your corporation would remain responsible for all liabilities of the present business and these would not be assumed by my new corporation. Before I have my lawyer draft a sales agreement, there are some things I need to investigate:1.I want to meet with your landlord to make sure that I can take over the existing lease and that I can get an option to extend it for another five years. 2.I need to have my accountant review all of your tax returns and business records for the past five years so that I can satisfy myself regarding the financial condition of your business. 3.I want to make sure that the state liquor board will approve a transfer of the beer and wine retail license to my new corporation. Assuming that I am satisfied with these items and all other aspects of the proposed purchase, I will have my lawyer draft a sales agreement and then we can close approximately 45 days from now. This letter states my intent but it is not a legally binding contract or commitment on either my part or yours. Upon further investigation I may change my mind. If the deal does not go through for any reason, I would be entitled to my earnest money back. If my letter has captured the essence of what we talked about and you are still interested in pursuing the sale, please let me know. I believe that we are moving toward a transaction that can be advantageous to both of us. Sincerely,