Challenges of Mid-level Management Essay Example | Topics and Well Written Essays - 1500 words - 1

Challenges of Mid-level Management - Essay Example All decisions made by administrators must be weighed carefully. This is to provide a lasting positive impact on the organization’s revenue, its staff, and patients. This is a tough duty, but one that must be carried to completion, without fail (Wheatley, 2006). One of the core issues that affect health care administrators is the conflict of interest. Here, administrators are brought or weighed down by the fact that; their relationship with financial institutions may force them to make decisions that do not cater to their patients’ desires and wants (Ransom, Maulik & Nash, 2005). This is often seen with the insurance policies that cover patients once they are in for severe cases that warrant medical attention. It is also a common occurrence to see physicians and professional doctors getting into pacts with these financial institutions, which coerce them into getting capital for their institution through patients (Wheatley, 2006). This is sometimes seen through continuous tests and procedures that are unnecessary, and prove costly to the individuals involved. It is up to the healthcare administrators to restrain and warn physicians from entering into pacts with these financial institutions. This is with a rise in the ethical dilemmas the administration is being put through and the challenge that faces mid-level management in the healthcare field, in the 21st century. Another frightening task that comes up is the need to provide appropriate medical care, over the cost of management.

Agency Theory and Corporate Governance Problem Essay

Agency Theory and Corporate Governance Problem - Essay Example It is evidently clear from the discussion that the Agency theory conceptualizes the relationship between the firm managers and shareholders as a â€Å"nexus of contract† that is bound to result to conflict due to the different interests of each group. The proposal of this theory is that firms should have independent board structures and that the equity-based compensation for top executives should be applied to curb the aggressive behavior of the management. While this theory suffers a number of weaknesses by assuming perfect organizational structures, it provides a possible approach to a solution of the corporate governance problem. On this ground, agency theory, to a great extent provides workable solutions that can harmonize the interests of both the managers and company stakeholders. Corporate structures are characterized by a separation between the owners and the management of an organization. The owners of an organization appoint managers who are better versed with manage ment knowledge to run their business for payment. The expectation of the shareholders is that the managers run the organizations to the best interests of the shareholders at all times. However, there is the risk that the management may put their goals first before those of the firm, which would be contradictory to their duties. As expected, the managers are the information bearers and have for the power to influence the firm performance and profit through their strategic initiatives. From a different angle, the shareholders have little information and hence act in good faith expecting that the management will pursue the firm interests. However, it is hard for them to establish whether the management influenced the outcomes of their firms through economic manipulation. Ultimately, the shareholders wish to submit the business risks to the experts with the sole aim of maximizing the share values for their own benefits. Contrary, the manager’s goals may be against the shareholder 's interest as they seek to maximize the benefits they accrue from the organization.

Globalization and Islamic Fundamentalism Essay -- Muslim Culture Islam

The Al-Qaeda offshoot ISIS, has made its way through Iraq and Syria. This new terror campaign appears to have been rolled out with a decades old objective, which is wrought with violence, propaganda and destabilization. But what are the reasons behind these acts of terror and violence? How is it possible to stop terrorism? What is the future of the endless conflict between Islamic extremism and modernity? The last one is particularly burning, since it touches an issue, entwined in ever-lasting controversy, aggression and needless carnage - the issue of Islamic fundamentalism and its extreme manifestation - terrorism. In my paper I argue that in its essence Islamic fundamentalism is a negation of the values, upheld by globalization, democracy, true Islam and modernity. There are several interconnected focal factors that render Islamic extremism incompatible with modern trends of development. The first and basic factor, always in the context of the history of Islam, is the theoretical foundation of fundamentalism. Also, another important issue is the rise of Islamic nationalism, which helps fundamentalism transform religious and cultural differences into an overt and brutal struggle against non-Muslim countries and their globalizing world. Of particular significance, however, is the poor economic development of Muslim states. Moreover, I believe it is the actual reason behind the violent outbreak of extremism. All these issues combine to form the idea of Islamic ideal versus reality, or the ever-increasing gap between modernity and the nature of fundamentalism. In addition, I argue that poor economic and social conditions in Muslim countries are caused by improper government policies and deep social c... ...://www.worldbank.org/wbi/mdf/mdf1/edecmen.htm> Global Poverty Monitoring. The Middle East and North Africa: An Overview. United Nations Development Programme. Human Development Report 2001 United States Senate. Extremist Movements and Their Threat to the United States. Washington: U.S. Government printing Office, 2000 The Islamic World to 1600: The Rise of the Great Islamic Empires The New York Times; October 31, 2001

Different types of business information, their sources and purposes Essay

Introduction Having just started as a trainee at the Corporate Communications Department of Emirates Group, my line manager has tasked me with preparing this set of introductory training materials, on business information in general, for new members of staff in the department, to increase my knowledge and enhance communication skills. Different types of business information, their source and purpose will be discussed throughout this paper, outlining various types of communication that can take place. I will also deliberate how KFC source and communicate effectively, with a true purpose, summarizing with a conclusion. Definition of Information Information comes from a wide variety of sources, in varying shape and form, with numerous qualities. Communicated in time, being fit for purpose, and containing the right level of detail it becomes critical in decision making. Although there is contrast between the value and cost of information, it needs to be: Available Accurate Reliable Objective Relevant Complete On time As defined in the Business Dictionary, information is, â€Å"Data that is accurate and timely, specific and organized for a purpose, presented within a context that gives it meaning and relevance, and can lead to an increase in understanding and decrease in uncertainty†. Once prepared and, structured accordingly, data becomes information. Information adds value, and once facts and figures have been organised into information it has meaning, intended to be interpreted. Information gathering may be performed internally, within an organization, collecting information on sales performance, production output, or maintenance reliability. It may also be accomplished externally, outside the organisation, harvesting information on markets, competitors and customers. Information is valuable because it can affect behavior, a decision, or an outcome. For example, if a maintenance manager is told the reliability of the fleet has weakened, they may use this information as a reason to increa se the maintenance budget or up-skill and further develop the maintenance engineers. However, information is considered valueless if matters remain unchanged, following its consumption. Information Types Organisations, such as KFC, use various types of information, alongside ways to communicate. Verbal – This is the easiest and quickest way to communicate; however, it may not always be more effective; KFC communicate verbally to their customers, over the counter. They inquire about your current order – what you would like to eat and drink. The server will also try to up-sell, possibly suggesting to super-size or add a desert, over-and-above your original request. Written – Words, pictures, charts; from sources such as publications, books, journals, and newspapers; Once an order is taken on the EPOS system the information is transferred to the kitchen, as text on a screen. MultiMedia – Multiple forms of media, together; data, text, graphics, audio, video, etc. like an interactive webpage, with audio; You can order online, through the KFC website, which combines names and prices, alongside pictures of their products. On-Screen – Multimedia TV and CD-ROMs that combine text, graphics, animation, audio and video; Routinely you will witness advertisements on television of offers and new promotional activity for the food chain. Web-Based Information – Combines multimedia technologies and streams them over the Internet; access to rich information anywhere, anytime; When surfing websites you will notice many interactive banner advertisements for KFC, which when clicked will take you to their website, gathering valuable information on their consumer, of where they were transferred from and when. There may also be an interactive flick-book menu to browse. Information Sources Information comes from four different sources: Internal – An organisation’s own intellectual property, such as financial records, customer records, order information, maintenance records, etc. usually gathered from their respective department records – Production, Sales, Finance, Marketing, Maintenance, Administration or HR. KFC have all of this information at hand, within their database systems. Their Electronic Point-of-Sale tills gather all the order and some production information. They have Accounting applications connected directly to the Sales database, which generates the organisation’s financial information. The website gathers consumer intelligence on who wants what, from where, at what time. External – Collected from outside an organization, such as market research, the Internet, newspapers, bulletins, reports, publications, usually from the government, trade groupings, or commercial databases. When you are stopped in the street and asked if you would like a menu, and the issuer asks you a few questions, the information if being gathered to provide market intelligence to the company, which in turn aides decision making. Primary – Collected first-hand by the investigator, by possibly interview or questionnaire, gathered for a specific purpose. It generally is a more costly method, but provides more specific, quality information. Secondary – Gathered second-hand, by someone else, for another purpose, however can still be used – lower cost, though generally not as specific and of reduced quality. Information Purpose In one word, ‘measure’. It is critical in a business to measure and compare actual performance against what was budgeted for. Using historical records is one method, to make comparisons; however, targets may be set to stretch the performance of an organisation. If costs are more than expenditure then it must take action to remedy the situation. Market research reports can monitor altering market conditions, or possibly an increase or demise in demand of products and services. This will help KFC identify whether there current offerings are suitable for that specific time, or if they should pull some from their current available product list. Maintaining records of what currently employed is a legality, to calculate salaries and benefits. Records hold any details, including: Date of joining Name Address Salary Benefits Qualifications Department Title Days absent, with reasoning Holiday entitlement Training and development records Conclusion Managers must have timely, reliable, quality information, as they have to make important decisions. In order to make the business successful the right decisions need to be made, at the right time – correct decisions are only made when this sort of information is both available and used, in time. We live in the Information Age – with the types of complex processing systems available today, at your fingertips, to the majority of people, it is important to realize that the only thing standing in anyone’s way is that they must learn how to interpret the information to make the right choices. List of references Business dictionary, viewed 22nd of October 2013,

How The Body s Health Defenses Or Immunity - 1242 Words

Natural Ways to Boost the Body s Health Defenses or Immunity Envision a nation that lacks a competent army to guard itself against invaders and intruders. Or consider what might happen to your crucial documents and files if you left your computer with virtually no competent defense against malwares and worms. In just about any imaginable situation, we know all too well that trying to keep things defenseless is like walking on a tightrope of potential disaster. Exactly the same holds true with the human body, a system that is so basic yet at once intricate in its operation and processes. Without our body ss built-in system of defense against bacteria, infections, germs, viruses and other foreign bodies, our bodily organs and essential bodily functions could very well be just time bombs waiting to explode. However thanks to our immune system, our body s critical line of defense against diseases, infections and other health conditions, we are guarded against intruders that jeopardize the daily functioning of our bodily system. Our immune system is essential to maintaining health and vitality and protects and often eliminates what would normally be seasonal bouts of colds and flu in the course of our lifetime which reminds us of how our daily functioning is impacted when we let our body s defenses down. Even worse, a fragile immune system makes us prone to attacks of more potentially destructive bad cells such as cancer and autoimmune diseases. Any time our immuneShow MoreRelatedThe Anti Aging Plans And How Your Immune System754 Words   |  4 Pagesborn with all the defenses your body will ever need. It s called your immune system. And if you keep your immunity strong you never have to worry about any disease. But sadly, your immune system declines with age. That opens the door to chronic diseases and other conditions linked to aging. These include everything from infections to cancer. That s why one of the best anti-aging plans I use with my patients is boosting their immune systems. In a minute, I ll show you how you can flip the switchRead MoreThe Risks of Vaccinating Children853 Words   |  4 Pagesvaccinate their child. The medical community advocates for vaccinating children, which will contribute to herd immunity, and help in the eradication of preventable diseases. However there are arguments to be made against vaccinating as well. People are finding that vaccines are not providing long term protection, and are less effective than developing immunity through a natural defense process. Vaccines provide unnecessary exposure to toxins which may be linked to developmental delays. 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Although Wakefield, confessed to his fraudulent work and has his scientist license revoked, the damage was already done and as a worldwide increase in the rate of auti sm diagnosesRead MoreList And Describe Several Pathogens That Can Cause Gastroenteritis Essay989 Words   |  4 Pagesthe absorption of fluids by small intestine is interrupted which leads to watery diarrhea. [1] - Salmonella enterica: is a member of the Enterobacteriacecae family, a rod shape Gram-negative bacterium. After passage through the gastric acid barrier, S. enterica binds tightly to specific receptors of the epithelial cells in small intestine. The receptor interaction activates a cellular response results in transfer of bacterial effector proteins into the epithelial cell, following by uptake of bacterialRead MoreShould Mandatory Vaccination Be Mandatory? Essay2213 Words   |  9 Pagesmovement of making vaccinations mandatory. Proponents argue that vaccines save lives, vaccine-preventable diseases have not been eradicated, and vaccines protect herd immunity. Many people also disagree with the possibility of required vaccinations. Opponents argue that vaccines cause harm, immunity by vaccinations is inferior to natural immunity, and government policies should not dictate personal medical choices. The first supportive argument of mandating vaccines is that vaccines save lives. In theirRead MoreThe Future Of Medicine1657 Words   |  7 PagesThe Future of Medicine How DNA vaccinations are being used to stop Viruses? With many diseases and bacteria going around the prevention of Viruses becoming a necessity. One of the best ways is a new way using DNA to customize a way to stop viruses in people. With new technology DNA is being able to be used in our vaccinations. DNA vaccinations offer many different and effective ways to stop viruses and prevent them from recurring

Exploring A Career Within Entertainment Management

The world’s population has one prominent commonality- a love of the entertainment industry. Whether it is on purpose or not; music, art, television, theater; these forms of entertainment are everywhere. Even though the entertainment industry is already enormous, it is expected to grow 9-13% in the next eight years (American Job Center and O*Net, 2015, Wages and Employment Trends). The industry’s digital revenue will total $994 billion; thus, increasing the need for entertainment managers (American Job Center and O*Net, 2015, Wages and Employment Trends). An entertainment manager is in control of all aspects of a performer, event, or venue (Rosewall, 2014). Their duties could include everything from conducting research, networking, or negotiating contracts, to booking performances, and managing events (American Job Center and O*Net, 2015, Tasks). The purpose of this research is to explore a career in entertainment management to determine if this is a strong fit. The elem ents investigated include job responsibilities, skills for success, and an overview of the industry. Also included in the research is a discussion of professional organizations, industry publications, career opportunities, and a self-analysis. This research is based on textbooks, academic articles, journals, and an interview with an industry professional. Job Responsibilities Those with a background in entertainment management might take on different roles within the hospitality and tourism industry, such asShow MoreRelatedThe Olfactory System Triggers An Endocrine And Hormonal Response Via The Hypothalamus857 Words   |  4 Pagesmemory. Through our sense of smell, exists a powerful gateway to past experiences. A particular smell can trigger an immediate recall of situations that are within the deepest reaches of our memory. Smell is a worthwhile sense to command. Since we know if its ability to connect us emotionally through memory, therapeutics is worth exploring. 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Hypothetical Request for Venture Capitalist 11. Conclusion and Recommendation 12. Citation and References Executive Summary â€Å" It seems to

Niccolò Machiavelli is very well known as an important and...

Niccolà ² Machiavelli is very well known as an important and influential Italian historian, politician, philosopher, and writer during the Renaissance. His book, Discourses on Livy, is a discussion regarding the classical history of early Ancient Rome, although it uses contemporary political examples and strays far away from the subject of Rome at times. It is presented as a series of lessons on how a republic should be started and structured. Most importantly, it constantly brings up the idea of corruption and corrupt people, which is not surprising because we all desire things and search for the simplest way to obtain it, even though the easiest way to obtain something might be a corrupt way. When Machiavelli uses the term â€Å"corrupt† or†¦show more content†¦It seems more difficult to change the regime. This is the source of corruption. When one class of society strives to better themselves and succeed in doing so, it causes corruption. Machiavelli spends a chun k of Discourses on Livy discussing how states are corrupt and the citizens within them are corrupt as well. The first important point he makes when it comes to corruption is that men do not know how to be entirely good or bad. He claims, â€Å"they concluded that men clearly do not know how to be honourably bad or perfectly good, and that when an evil deed contains in itself some grandeur or some generosity, they do not know how to carry it out† (Machiavelli 82). Thus, Machiavelli is elaborating on the theme of good and bad and how even those who are good and are not considered corrupt still make bad decisions sometimes. Generally, men decide on a middle course, instead of choosing a completely good or bad course. This decision is seen as most hazardous because it is hard to claim someone is good if they do not make entirely good decisions and it is hard to claim someone is bad if they do not make entirely bad decisions. The second important point Machiavelli makes is that me n are easily corrupted and even those who are good can easily turn bad. He states, â€Å"It should also be noted, in this matter or the decemvirate, how easily men may be corrupted and how they may transform themselves and giveShow MoreRelatedThe Life And Importance Of Machiavelli Essay1367 Words   |  6 PagesLife and Importance of Machiavelli â€Å"There are three kinds of intelligence: one kind understands things for itself, the other appreciates what others can understand, the third understands neither for itself nor through others. This first kind is excellent, the second good, and the third kind useless† (Niccolà ² Quotes). Niccolà ² Machiavelli was one of the greatest influences on our world today. His research and philosophies explored new strategies and ways of thinking. Machiavelli was before his own timeRead MoreThe Rebirth Of Ancient Cultures1462 Words   |  6 PagesItaly is known as the â€Å"cradle of the Renaissance† (la culla del Rinascimento). It is a city full of beautiful architecture, art, and history. The Renaissance was a powerful cultural movement that not only shaped all aspects of Florentine life, but eventually the rest of Europe. Science, art, literature, philosophy, religion, architecture, and politics have seen heavy influences by this movement. The term Renaissance literally m eans â€Å"rebirth†: the rebirth of man and the rebirth of two important ancientRead MoreMedieval Europe And The Renaissance Essay3095 Words   |  13 Pagesalso came about. Banking was a great supporter of the Renaissance, Italian bankers were bankers of the pope and all trade was going through them. Cities rise in importance and farms get closed off and are owned privately which moves toward a market economy. The Renaissance was not an economic boom because the advancements were happening in different places, at different times and at different rates. Literature was very important during this time. Literature was starting to be written in the vernacularRead MoreEssay on Art Throughout History2129 Words   |  9 Pagesof the printing press (outside of what is now China) by the German polymath Johannes Gutenberg in the 1440`s. Indeed it must also be conjectured as to the distribution of works which are now considered essential in the esoteric world of the art historian: â⠂¬ ¢ Ghiberti`s I Commetarii (1455); †¢ Antonio Manetti`s biography of Filippo Brunelleschi (1377-1446) †¢ Leonardo da Vinci`s notebooks (1452-1519) which were preserved by his students; †¢ Albrecht Dà ¼rer`s notes and writings; †¢ Giorgio Vasari`s ViteRead MoreThe Renaissance Period3406 Words   |  14 Pagesin this dissertation is that the Renaissance in Europe, with specific emphasis on Italy, during the 15th Century, was the most influential period in developing the ‘early modern’ human society. Many believe that this was due to its almost perfect location between Western Europe and the Eastern shore of the Mediterranean. By analysing various factors and sources, as well as different aspects of society, for example political factors and the views of contemporary texts, it will provide enlighteningRead MoreRational Appeasement15291 Words   |  62 PagesWinston Churchill ridiculed appeasement as the strategy of â€Å"one who feeds a crocodile , hoping it will eat him last+† 1 Reasons for distrusting the policy were, in fact, noticed long before Munich+ Classical political thinkers from Thucydides to Machiavelli offer many statements of the anti-appeasement view+ Appeasement, many argue, is not just futile: it is self-destructive+ The danger is most acute when many potential challengers exist+ Acceding to one challenger undermines the appeaser’s reputation