Monday, December 30, 2019
How Telehealth Changed By Medical Professionals - 898 Words
monitored by medical professionals. According to McKnight (2012), ââ¬Å"Studies indicate patients with telehealth care are noted to have a 25% reduction in the number of inpatient hospital days and a 19% reduction in the rate of hospitalizationsâ⬠(p. 4). How Telehealth facilitates Continuity of Care Coordination Traditionally, continuity of care was characterized by the patientââ¬â¢s long-term relationship with their primary physician who directed all the patientââ¬â¢s medical care. Here is a paradigm shift in todayââ¬â¢s technological advancements to support continuity of medical care. The perspective of continuity of care revolves around a multidisciplinary care team and the utilization of technology to support the delivery of the care.â⬠¦show more contentâ⬠¦In-home telehealth is a convenient method to deliver and review test results with patients and families eliminating the need to drive to multiple physiciansââ¬â¢ offices to obtain the latest test results. Also, receiving and reviewing test results using telehealth is convenient for patients and families who are immobilized or who have a chronic debilitating disease such as multiple sclerosis or Alzheimerââ¬â¢s (McGonigle Mastrian, 2015). Telehealth in-ho me monitoring enables older adults to receive medical care, treatment, and monitoring in their own home and remain living with their family. Another benefit of in-home telehealth and for diabetic care and treatment is the plan of care can be developed to include the family members and support persons. Diabetic teaching and education regarding diet and nutrition can include the family members so they may be instrumental in supporting lifestyle changes. Care in the home supported by family members is an important concern for patients and the preferred setting to receive medical care. Illustrative Examples of How Telehealth in Home Monitoring Can Help Meet the AIMS Outcomes The nurse can utilize home telehealth monitoring to enhance the patient experience by providing medical care, treatments, education and support in the convenience of the family home. McGonigle Mastrian found, ââ¬Å"According to regular surveys conducted by the AARP (1996), more thanShow MoreRelatedTelehealth: Ethical and Legal Challenges Essay examples867 Words à |à 4 Pageshealth care professionals where they are obsessed with technology and rush to apply them. One of the most recent applications of ICT ââ¬â Information and computer technology- is telehealth. Telehealth is the use of communication, diagnostic and information technology to provide health care when patients and providers are geographically separated [2], Technologies include videoconferencing, the internet, store -and-forward imaging, streaming media, terrestrial and wireless communications. Telehealth couldRead MoreThe Exchange Provides The Health System With Real Time Interactive Video Essay1348 Words à |à 6 PagesThe Exchange provides endless opportunities for American Well to take the company global to include a robust online platform, the ability to improve on existing remote monitoring efforts in telehealth, improved provider collaboration and education, and promotes a patient-centered approach to health care delivery. The most significant opportunity is that the Exchange creates multiple levels of patient care which improves health outcomes, patient satisfaction, and patient-provider communication. BecauseRead MorePersonal Narrative : Future Of Nursing1521 Words à |à 7 Pagescreate a positive impact on health and health care team, including the option for nurses to provide and help patients virtually with telehealth. Itââ¬â¢s called telenursing. As a home care nurse, I am trained to use my clinical experience and direct physical assessments to make a nursing diagnosis and nursing care plan for my patients. Telenursing has completely changed the concept of communication between nurse and patient. It no longer requires face-to-face in person as it can be virtually done, thisRead MoreImproving Patient Satisfaction, Quality, And Performance1398 Words à |à 6 Pagesquality, and performance. Telehealth is a form of healthcare delivery that provides immediate access to health services to rural populations, patients that are not able to physically attend medical appointments, and remote locations around the world. Healthcare organizations are embracing telehealth because of its features to include virtual consultations and remote patient monitoring systems that do not require patients to leave home. In 2013, 52 percent of hospitals used telehealth products and servicesRead MoreHow Technology Has Changed Our Lives1625 Words à |à 7 Pagesis amazing and what will we do without itâ⬠. These are the exact words of my husband while changing and playing the lights of our swimming pool through his cell phone. It is a fact that technology has changed our lives in many ways and it is constantly changing. A computer is a great illustration of how technology keeps evolving. About two weeks ago, I was looking for a laptop because my desktop is about to give up on me. The sales clerk from the computer store said that there is the a version in theRead MoreTechnology and Health Care Paper1545 Words à |à 7 PagesPaper The purpose of this paper is to discuss how technology has impacted the health care delivery system. Health care technology is advancing at an increasingly rapid rate in the United States, and globally. Patients and providers are witnessing these changes through the use of telehealth, and telemedicine applications. Telehealth, and telemedicine are often used interchangeably, however there is a difference between the two applications. Telehealth is the use of technology to deliver health careRead MoreCurrent Trends And Issues Of Digital Health Essay1569 Words à |à 7 PagesCurrent Trends and Issues in Digital Health and How this Impacts the Nurse Practitioner Jami Smith Chamberlin College of Nursing Fundamentals of Nursing Informatics NR512 Professor Glenn October 4, 2016 Current Trends and Issues in Digital Health and How this Impacts the Nurse Practitioner To improve the health of our nation changes need to be made in the health care delivery system. Digital health has made strides in patientââ¬â¢s access to health care and has provided nurse practitioners with newRead MoreThe Royal Of General Practitioners2973 Words à |à 12 Pagesthought processes adopted by organisations, the underlying resistance factors to change and how new practices can be sustained is far more challenging. Therefore, a deeper analysis and understanding of organisational culture is crucial to the success of change management. This paper aims to explore the different challenges of organisation culture and change management using the implementation of a recent telehealth project in North Yorkshire to discuss the key success factors of change management derivedRead MoreHealthcare and the Modern Age801 Words à |à 3 Pagesof the workforce and changing demographic patterns, and technological advances. It was interesting to think about the vast changes occuring in and to look at the ways in which technology, privacy laws, and stakeholder expectations have changed. The industry changed in terms of a reliance on hospital-based care to more emergency clinics, outpatient and nursing home services, and managed care. More hosptitals merged, and many doctors have banded together to form larger, more cost-effective, specialityRead MoreUnderstanding Telehealth Section 1 : Modalities / Models High Risk7098 Words à |à 29 PagesUNDERSTANDING TELEHEALTH SECTION 1: Modalities/Models High-risk obstetrical telehealth has been used to provide any number of support diagnostic and ancillary services, including nonstress testing, fetal echocardiograms, hypertension and diabetes counseling and monitoring, and a number of others. Nonstress testing, meaning no stress placed on the fetus, is done by placing a belt with a sensor on the abdomen of the mother to monitor fetal heart rate in response to fetal movement (1). Fetal echocardiograms
Sunday, December 22, 2019
The American Dream By James Baldwin - 1503 Words
How would one feel if they spent their entire lives working towards an unattainable goal? That goal is the American Dream, a term that can be loosely defined as oneââ¬â¢s attempt at what they believe is success, whether it be a family, high-paying career, a beautiful home, or all three. The American Dream can be whatever one makes of it. James Baldwin and William Buckley strongly debated this issue with underlying similarities but ultimately Baldwin had a stronger argument. This House Believes in the American Dream is at the Expense of the American Negro, was a historic 1965 debate about societyââ¬â¢s mistreatment of the African American race throughout history. Baldwin highlighted that white Americans innately believe they are still superior to African Americans and their pursuit of the American Dream holds more weight while Buckley attempted to discredit him. Baldwin drew scrutiny to the social injustices faced by blacks in their daily lives especially in their pursuit of t he American Dream and attempted to direct white Americaââ¬â¢s attention to the issues that desperately need a solution. Baldwin opens his argument acknowledging the distortion of segregation for the segregationists. According to Baldwin, people who, since birth, have been taught to think a certain way towards the African American race. ââ¬Å"The white South African or Mississippi sharecropper or Alabama sheriff has at bottom a system of reality which compels them really to believe when they face the Negro that thisShow MoreRelatedJames Baldwin s Sonny s Blues905 Words à |à 4 Pagesthere is a work by James Baldwin entitled Sonnyââ¬â¢s Blues. What interests me about this work is the quote, ââ¬Å"For, while the tale of how we suffer, and how we are delighted, and how we may triumph is never new, it always must be heard. There isnââ¬â¢t any other tale to tell, itââ¬â¢s the only light weââ¬â¢ve got in all this darkness.â⬠In this connection, the question that I w ant to research is why would a man like James Baldwin represent a character like Sonny in Sonnyââ¬â¢s Blues? James Baldwin is a man of his wordsRead MoreEssay Baldwins My Dungeon Shook: A Letter to my Nephew1108 Words à |à 5 Pagesthe American Dream belong to every one or does it exclude some individuals? The American Dream is a very powerful force that molds America. It has existed for many generations but has it changed over time? The foundation of the Dream tends to stay the same that is the pursuit of happiness, hope, freedom, justice and equality. The concepts within the American Dream should alter to fit the changes of society. The breakthroughs and obstacles that America overcomes should shift the American Dream. SocietyRead MoreGo Tell It on the Mountain: Battle of the Flesh Essay example1517 Words à |à 7 PagesWesleyan University Go Tell It on the Mountain: Battle of the Flesh There are numerous themes in the American classic Go Tell It on the Mountain (1952). James Baldwin uses racism and family conflict to weave a tale of one black families struggle in a white world. However, the predominant theme of the novel is the struggle between the Spirit and the flesh when one tries to walk with the Lord. Baldwin uses his characters names and events in their lives to parallel the Bible and help create a sense ofRead MoreEssay on Nation of Islam Movement1362 Words à |à 6 PagesIslam shall rule the worldâ⬠(Baldwin 319). This is the principal message of the Nation of Islam movement. Although the movement has existed since the early 20th century, it gained a lot of momentum in America in the 1960ââ¬â¢s, according to African-American essayist and novelist James Baldwin. In his essay, Down At The Cross, Baldwin conveys that the movement reached more blacks during the sixties because time was ripe for it. During the 1960ââ¬â¢s, black and white Americ ans began actively questioningRead MoreThe American Dream By Edgar Allan Poe1476 Words à |à 6 PagesThroughout American history, there is a variety of great authors who have brought the many genres of literature we have today. Many hear names like Edgar Allan Poe and automatically think of a dark short story, or two, from his collection of works. But how many authors are there which give strong visualization and experiences that not many individuals may get the chance to examine in their life? Around the early 20th century, African Americans were slowly progressing into being intergraded in societyRead MoreJames Baldwin s Connections With Sonny s Blues996 Words à |à 4 Pages James Baldwinââ¬â¢s Connections with Sonnyââ¬â¢s Blues On August 2, 1924, in New Yorkââ¬â¢s Harlem neighborhood James Author Baldwin was born. Known as one of the most influential black writers of the twentieth century, James Baldwin wrote on real issues that many people faced in the United States during his time. His writing dealt with the reality of life and tangled with everything from human sexuality, race, and poverty. He was a great reflection of his time and his short story, Sonnyââ¬â¢sRead MoreRacial Injustice in A Raisin in the Sun, by Lorraine Hansberry and Sonnyââ¬â¢s Blues, by James Baldwin1494 Words à |à 6 Pageshave a dream that one day little black boys and girls will be holding hands with little white boys and girls. by Martin Luther King Jr, the dream that is still unfulfilled. White supremacy, black inferiority, Jim Crow law, segregation, racial terror, and racial inequality are the most common topics of American history. The quote of Martin Luther King Jr asserts the truth that racial injustice was in the v ein of the American dream. He hopes someday that injustice, the view that African Americans areRead MoreAnalysis Of James Baldwin s Sonny s Blues 1292 Words à |à 6 Pages James Baldwin was raised in poverty in Harlem where, at the age of fourteen, he became a preacher in the Fireside Pentecostal Church. After high school he decided to become a writer and with the help of the black American expatriate writer Richard Wright, won a grant that enabled him to move to Paris, where he lived most of his remaining years. He wrote a variety of novels mostly about the intellectual trials of black men in a white, racist society and homosexual themes. James Baldwin wrote ââ¬Å"Sonnyââ¬â¢sRead MoreA Talk On The Paradox Of Education By James Baldwin809 Words à |à 4 PagesIn James Baldwinââ¬â¢s article ââ¬Å"A Talk to Teachersâ⬠he utilizes paradox, tone, and anecdote to persuade the audience that an educational system where students are taught the true meaning of American history and identity must be established in order to create a society where people of all races contribute their ideals to society. Moreover, Baldwin implements a paradox where he addresses the contradiction of American education as one having to think for oneself and create your own ideals while stillRead MoreAnalysis Of The Book By Ta Nehisi Coates 1567 Words à |à 7 Pageshis bleak tone and directness, is often being compared to James Baldwinââ¬â¢s style. Greatly influenced by James Baldwin and his book The Fire Next Time, Between the World and Me is written in a similar fashion to his young son exposing the dark realities of the world to him. Toni Morrison praises the book highly and compared Coates to Baldwin by saying, ââ¬Å"I ve been wondering who might fill the intellectual void that plagued me afterà James Baldwinà diedâ⬠, naming Coates as Baldwinââ¬â¢s successor. While both
Saturday, December 14, 2019
SWOT, Porter and PESTEL analysis of HSBC Holdings Plc Free Essays
string(104) " each society is given the same chances to take the benefit of the resources given by the organization\." Introduction The most important intention of the report is to investigate the business environment of HSBC Holdings PLC. HSBC Holdings also is one of the market leaders in todayââ¬â¢s banking world. HSBC head office it can be found at Londonââ¬â¢s Canary Wharf on the HSBC tower. We will write a custom essay sample on SWOT, Porter and PESTEL analysis of HSBC Holdings Plc or any similar topic only for you Order Now HSBC stands for Hong Kong and Shanghai Banking Corporation, which was established by a man from Scotland, named Thomas Sutherland, in 1865. The report presents information about the companyââ¬â¢s activities, financial performance and market environment. Going through few major topics will provide investors with reasonable overview. The first part of the main body will primarily focus on the Companyââ¬â¢s Profile and Activities, afterwards the analysis of macro-environment and the micro-environment of the company, evidence of an audit of key competences within the company followed with the recommendations and conclusion. Profile of company HSBC has got over 7.500 offices in 87 countries. It is very widespread and has around 220.000 shareholders in 124 countries and territories. HSBC provides a full range of financial services being Personal Financial Services, Commercial Banking, Corporate Investment Banking and Markets Private Banking. HSBC is mainly operating in Europe, Hong Kong, Asia-pacific region, Australia and America. HSBC is interested in the emerging markets of Asia-Pacific region and is continuously heavily investing in these regions. The major top UK competitors of HSBC are Barclays and Royal Bank of Scotland. Those are the corporations operation of which HSBC carefully investigates and tracks at all times. However HSBC is not a bank that follows the ideas and the management manners of its competitors. HSBC Holdings PLC has shown steady growth in share price over the last five years. This is a clear indicator that a company is worth investing in. HSBC Group also demonstrates constant growth and is a very reliable corporation. These enable us to recommend investing in HSBC because of its growth opportunities and bright profitable prospects. The HSBC banking corporation is on third position in the world in regard to assets ownership. Almost 22% of HSBCââ¬â¢s profits have been derived from Hong Kong, which is a well known operational centre. Known as the worldââ¬â¢s local bank, HSBC has a history of helping millions of customers globally in order to achieve their financial aspirations. They understand the importance and functioning of different markets through their experience in international trade. As a result, HSBC has grown into a company or banking institution that has the deepest respect for different cultures and people connected to these cultures. Their motto is to look at their customers as individuals and strive towards providing them with a personalised service and credit card products that will fit each of their specific needs. Simultaneously, HSBC Group has been trying to build up a good reputation in the US and conquer the markets of HSBC ââ¬â North America, proudly stands one of the top 10 financial services companies in the United States. Its combined team reached more than 53,000 employees works with the common goal of meeting the needs for about 100 million customers. After achieving the goals in US, the company focused on developing countries and is more interested in the emerging markets of Asia-Pacific region and is continuously heavily investing in these regions. Furthermore HSBC is considering moving its head office from London to Hong Kong. Britainââ¬â¢s greatest bank, warned key shareholders that this was unsatisfying full-year results have made arguments for shifting HSBCââ¬â¢s domicile to Hong Kong ââ¬Å"unsatisfyingâ⬠. The investors have been shocked by the swift gear-change in HSBCââ¬â¢s review of its domicile but some others have already told the HSBC that they would sponsor the move. Some other investors said that they understood the move and that the bank had been a change of tone as HSBC reviews its domicile. UKs capital terms for the main banks, now is one of the greatest in the world and according to the Basel terms, is expected to go even higher. Although HSBC refine to the investors that if the terms in Hong Kong is more relaxed requirements, that can cost less and develop more profit by making it the best use of its balance sheet. The loss of HSBCââ¬â¢s head office in London, despite the fact that abused for months because of the raise in financial arrangements, would be a severe blow to the Coalition which, admitting some of its banker criticism is relying on a private-sector-led recovery. However, HSBC supported that it elects to stay in UK and told that an approaching change in its position was entirely hypothetical. Macro-Environment Analysis PEST ANALYSIS POLITICAL Government is responsible for protecting the public interest. Political stability affects business decision. Consumer protection. Regulations of business activities. ECONOMIC Competitor activity. Competition for resources. Savings. Unemployment numbers. SOCIAL Work life balance. Trends in consumer behaviours. Leisure. Lifestyle. TECHNOLOGY Technological arrange is speeding up. Technology develops now products (internet). Improved communication. Internet business. POLITICAL ANALYSIS HSBC banking has been sheltered by the regulations and policies made by different governmentsin the countries where they are working. The company has been able to remain to the policies agreed by each government to make sure that the company will be able to accomplish business operation successfully and effectively. HSBC Company also formulates their own defence strategies besides any governmental restrictions and limitations. ECONOMIC ANALYSIS Being one of the worldââ¬â¢s leading and completive businesses in conditions of banking and finance HSBC said to have a secure and successful economic strength. In spite of lots of dangers that they meet in many parts of the world, the management of HSBC make what they need to be able to go beyond such struggles and to have a better economic condition and create a shield against unemployment. SOCIAL ANALYSIS HSBC is being affected by the circumstances of the society in which they are in use. By the side of this HSBC tries harder to make sure that each society is given the same chances to take the benefit of the resources given by the organization. You read "SWOT, Porter and PESTEL analysis of HSBC Holdings Plc" in category "Essay examples" The company adhere to having good name and relations in the society that belong to secure that everything will be customary and under control. TECHNOLOGICAL ANALYSIS The urgent situation of information technology, internet and generally the improvement of technology effects how HSBC has been working in the past years. The company search for different systems and used internet to get to their costumer all over the world and also help them know the latest trends in the global business. Except from these, the company also uses special facilities which help then to advance their productions and operations and also make them to achieve their goal. Technological breakthroughs can create new industries which might prove a danger to presented organizations. To summarise PEST analysis looks at the business strategies to understand the environment that the company is working and also to take the advantages and benefits to minimize the threats and the dangers for the business. Micro-Environmental Analysis Porterââ¬â¢s Five Forces Potential entrants HSBC has many threats from Tesco, Sainsburyââ¬â¢s and a large number of other markets consider to enter into banking industry as a result of high profits that the specific kind of industry offers. Large super-markets in UK seek to enter without considering that those threats sometimes breakdown organisations such as HSBC. Although, HSBC received several threats from the market, they were still able to create high standards for the competition. Strong branding images are used from HSBC, so the company will not result in loss of customers. Bargaining power of customers An organisation created a value which has affected the occupation from one of the two important forces customersââ¬â¢ power. The role of this force contains the customers concentration along with the size. In other words, HSBC managed their customers as a result of allowing the company to gain customer loyalty. The strategy that was used by HSBC allows them to have a chance becoming a world leader in banking industry. Threat of substitutes: Another significant threat that HSBC faces is that competitors provide new products and services. This threat gives the opportunity to the company to work hard as a result of being sustain to its position. HSBCââ¬â¢s strategy focuses on the four different customersââ¬â¢ sections. Bargaining power of suppliers: Customer power mirrors to supplier power. This force focus on two important points. The first one is the significant size and concentration of suppliers and the second one the differentiation in the materials being supplied. HSBC use the strategy of charging markets with different prices according to differences of the price of each buyer. Rivalry among current competitors: There have many rivals in the banking and financial sectors. HSBC used efficient strategies to ensure its leadership position in the market among rivalries. Moreover, due to the capabilities of other rival companies, HSBC develops strategic plans to confirm that they are permanently being the first choice of their customers in banking industries. Nowadays, as we cross the mountain of financial crisis, a number of banks went to liquidation SWOT Analysis STRENGTHS International Finance. Record Profits. Listed in London. China. WEAKNESSES Poor Performance. Brand Name. OPPORTUNITIES Growth on emerging economies. Biggest Bank in Middle East. Low mortgages interest rates. THREATS Moving back to China. New Regulations. Fewer Revenues from the integration of financial markets. STRENGTHS International Finance Since HSBC is a global company itself is well qualified to advise other companies on aspects of international business. With offices around the world, for the international client HSBC often cannot be defeated in this area. HSBC knows how to succeed in Mergers and Acquisitions (M E) and the organic and the effective development. Record Profits Last year, HSBC experienced the most profits ever for a UK high street bank. HSBC have revealed their profits more than doubled in 2010 to ?10 billion with every region in the black for the first time since 2006. Listed in London HSBC is listed primarily in London and Hong Kong stock exchanges, which saves the company a lot of grief in complying with new U.S. legislation Sarbanes-Oxley law. Many companies have chosen to list on foreign stock exchanges, except America, because of expensive new regulations. China HSBC has 140 years of experience in China. Since China is the place to be today for companies and banks, HSBC benefits for being so old Chinese company and accepted by the Chinese people. The best news for HSBC is that, like other companies grow in China, it does too. The reason this happens is that it wins new customers and new global opportunities with each passing day. The HSBC has the largest network of any foreign bank in China and deeply understands the Chinese market and the customer. In a world that is increasingly going the way of China, this is quite a boon to HSBC. WEAKNESSES Poor Performance There is a poor performance in the section of ââ¬Å"personal finance servicesâ⬠. HSBC try to fix these problem years ago. But the problem is there every year. Brand Name While it is certainly a global company, HSBC came late in the game to decide to execute a comprehensive marketing strategy and take advantage of the global brand. Because he had created so many different banks in different countries at different times over a period of one hundred years, which set them up with different names ââ¬â Hong Kong Bank of Canada, the British Bank of the Middle East, etc. Not even all of these banks prior to 1998, bore the logo of HSBC. In 1998, they were all branded together, but the previous lack of branding and name changes can damage the HSBC brand recognition. Customers may have thought that HSBC was responsible local bank and did not realize that HSBC had already serving for decades. OPPORTUNITIES Growth on emerging economies Apart from the growing Chinese middle class Brazilians and Indians have begun to appear as consumer culture, and thus increases wasteful consumers. Some residents of those countries in the past does not even own a bank account, but companies such as HSBC is ready to move in and benefit from the growing middle class in these areas. In places like Argentina and Turkey, HSBC experienced pre-tax profits by 50% in the past years. This is where it grows more. Biggest Bank in the Middle East The other banks are removed from the Middle East. However, HSBC has been running regional activities at the local level and have been rewarded for his efforts with numerous awards and honours for the Middle East market. HSBC is a trusted name there, and the company benefited from new democracy in Iraq by establishing a presence in the country. HSBC is the largest international bank in the Middle East. Low Mortgages Interest Rates The low mortgage interest rate increases the revenues and marketââ¬â¢s shares. HSBC has made some records on this. THREATS Moving Back to China The banking colossal HSBC has been most explicit threat yet that it might move its headquarters from London because of the narrowing regulatory noose. New Regulations The investors of HSBC have been warned that future profitability will be affected by the new global policies designed to make the sector of financial more secure, but smoothed the blow with the promise of increasing dividends. CONCLUSION To conclude we would like to state that HSBC Group is in constant search of further development and its key data of latest yearââ¬â¢s financial performance proved that they are succeeding in their aims, as the company is showing increase in almost all aspects of its business. It has shown steady growth in total profits in all most important regions of operation. It has also achieved large earnings per share increase over the last five years. The company has recently made a successful growth in the Middle-East region and expects continuous growth in profits from that region. In Asia all business segments exceeded and also contributed to overall function of the HSBC Group. From our point of view, in a company that has reached such huge size and success, there is not much that can be improved, considering their financial performance. It is worth mentioning, that HSBC Group should give more attention to the rapidly developing internet banking system. The information presented in this report is enough to make the final decision and as far as we are concerned it is good and reliable company to invest in. Immediate huge profits should not be expected, but it is a perfect long-term investment. HSBC Group has around 220.000 shareholders in over 124 countries and this only adds to its reputation and proves its trustworthiness. REFERENCES HSBC (2011) ââ¬ËAbout HSBCââ¬â¢, HSBC website, [10/03/11] BBC (2011) ââ¬ËNews Businessââ¬â¢, BBC website, [12/03/11] Thomson Reuters (2011) ââ¬ËUPDATE 1-HSBC considering move to Hong Kong ââ¬â reportââ¬â¢, Thomson Reuters website, [13/03/11] Louise Armitstead (2011), ââ¬ËHSBC reveals plans to quit London for Hong Kongââ¬â¢, Telegraph website, [13/03/11] Hoovers (2011), ââ¬ËHSBC Holdings Plcââ¬Ë, Hoovers website, [18/03/11] HSBC (2011), ââ¬ËNewsroomââ¬â¢, HSBC website, [17/03/11] HSBC (2011), ââ¬ËGroup Membersââ¬â¢, HSBC website, [18/03/11] Thomson Reuters (2011), ââ¬ËHSBC Holdings PLC (HBC) Company Profileââ¬â¢, Thomson Reuters website, [19/03/11] Alex Morales (2011), ââ¬ËNewsââ¬â¢, Bloomberg website, [20/03/11] How to cite SWOT, Porter and PESTEL analysis of HSBC Holdings Plc, Essay examples
Friday, December 6, 2019
Accounting Information Of Philly Landscaping â⬠MyAssignmenthelp.com
Question: Discuss about the Accounting Information Of Philly Landscaping. Answer: Business situation and purpose of analysis: The present business situation is of Philly landscaping who has been in business for quite long time and its owner Steve is concerned about his retirement plan. In this regard, owner of business is provided with their investment options after his retirement. He would be guided with informed decision making using the decision support system software. The three investment options comprise of selling the company and investing the proceeds generated that would yield annual income of $ 100000. Secondly, building company by taking out loan that help in running operations by hiring general manager at an annual salary of $ 85000. Thirdly, he has the options of buying out. The main purpose of analysis is to determine the impact on annual cash flows in all the scenarios mentioned above. Moreover, the analysis is done to forecast the future cash flow that would help in assessing all three investments options. Description of tested scenarios: Do Nothing Loan-Low ROI Loan-High ROI Buyout Sum of Cash Flow from 2018 to 2027 $591,205 $179,878 $713,261 $1,000,000 Year with enough profit to general manager? 8 0 6 NA Year with income over expected annuity earnings? 0 0 3 10 If Steve considers doing nothing then this would lead to reduction in customer base by 5% and generates an annual income of $65000. The forecasted amount of cash flow stood at $ 4311999. Forecasted annual income till year 2027 stood at $ 668751. Now, if he accept low from bank at lower return on investment, would lead to an increase in annual income $ 100000. The total value of annual income for forecasted period is computed at $ 257423. Now, considering loan from bank at higher return on investment would generated total annual income for forecasted year at $ 790807. Now, if Steve seeks buying out then, it would generate total annual income till forecasted year at $ 1077545. Therefore, it can be inferred from the calculated figures that buying out generates higher amount of total annual income till forecasted year as compared to other three scenarios. Conclusion: From the analysis of all the scenarios, it can be concluded that option of buying out the business generates significantly higher cash flow from year 2018 to 2027. Highest value of total cash flow stood at $ 1000000 as against accepting loan from bank with lower return on investment at $ 179878. The expected annuity earnings are higher for buyout. Therefore, after carrying out thorough analysis of all the scenarios, it can be said that the feasible investment options for Steve after retirement would be buying out business. References: Ball, R., Li, X., Shivakumar, L. (2013). Mandatory IFRS adoption,fair value accounting andaccounting information in debt contracts. Fair Value Accounting andAccounting Information in Debt Contracts (September 11, 2013). Bhimani, A., Willcocks, L. (2014). Digitisation,Big Dataand the transformation of accounting information. Accounting and Business Research, 44(4), 469-490. Collier, P. M. (2015). Accounting for managers: Interpreting accounting information for decision making. John Wiley Sons. Demski, J. (2013). Managerial uses of accounting information. Springer Science Business Media. Diatmika, I. W. B., Irianto, G., Baridwan, Z. (2016). Determinants of Behavior Intention Of Accounting Information Systems Based Information Technology Acceptance. Imperial Journal of Interdisciplinary Research, 2(8). Ismail, N. A., King, M. (2014). Factors influencing the alignment of accounting information systems in small and medium sized Malaysian manufacturing firms. Journal of Information Systems and Small Business, 1(1-2), 1-20. Simkin, M. G., Norman, C. S., Rose, J. M. (2014). Core concepts of accounting information systems. John Wiley Sons. Worrell, J., Wasko, M., Johnston, A. (2013). Social network analysis in accounting information systems research. International Journal of Accounting Information Systems, 14(2), 127-137.
Friday, November 29, 2019
Benefits of computing gross profit on sales in contrast to contribution margin free essay sample
The computation of gross profit on sales, which can be derived under the absorption costing approach, is a profitability measure normally conducted under financial analysis.Ã This accounting ratio outlines the gross profit generated from every $100 of sales.Ã Such measure is highly useful in financial analysis, because it provides indications on the profitability potential and cost efficiency of the company.Ã Ã For instance, if there was an increase in sales of 10%, but the gross profit margin declined by 4%. This indicates that the cost efficiency of the organization deteriorated during the period.Ã Such analysis cannot be conducted under the contribution margin approach, because gross profit is not present.Ã However, under the contribution margin approach one can calculate the contribution to sales ratio which indicates the contribution determined from every $100 of sales.Ã This would also provide indications on the control of variable costs once compared over time. Difference in Net Income arising from different approaches. We will write a custom essay sample on Benefits of computing gross profit on sales in contrast to contribution margin or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the example of ABC Company the profit under the two methods is the same.Ã However, this is not always the case.Ã Profits under the two methods differ whenever there is movement in inventory.Ã This is due to the fact that since under the absorption costing technique fixed manufacturing costs are included in the cost of goods sold, a proportion of fixed costs will be included in inventory leading to such a difference. Contribution margin approach not allowable for external reporting. The contribution margin approach, despite being highly useful to provide valuable information for decision making, is not acceptable for external reporting.Ã This is due to the fact that it does not comply with the Generally Accepted Accounting Principles (GAAP). For example, under the GAAP the income statement layout should clearly outline the gross profit made by the company.Ã Under the contribution margin method this is not highlighted.Ã Another important reason why the absorption approach is allowable for external reporting and not the contribution approach is due to the way in which the income statement is classified. The GAAP state that the income statement is classified by function, like under the absorption method.Ã In the contribution approach it is classified by cost behavior.Ã Indeed separation between fixed and variable costs is made under such method. This conflicts with another requirement of the GAAP. Reference: Drury C. (1996). Management and Cost Accounting. Fourth Edition. New York: International Thomson Business Press.
Monday, November 25, 2019
Lucy Burns Was a Militant Activist for Womens Votes
Lucy Burns Was a Militant Activist for Women's Votes Lucy Burns played a key role in the militant wing of the American suffrage movement and in the final win of the 19th Amendment. Occupation: Activist, teacher, scholar Dates: July 28, 1879 - December 22, 1966 Background, Family Father: Edward BurnsSiblings: Fourth of seven Education Parker Collegiate Institute, formerly Brooklyn Female Academy, a preparatory school in BrooklynVassar College, graduated 1902Graduate work at Yale University, Universities of Bonn, Berlin, and Oxford More About Lucy Burns Lucy Burns was born in Brooklyn, New York, in 1879. Her Irish Catholic family was supportive of education, including for girls, and Lucy Burns graduated from Vassar College in 1902. Briefly serving as an English teacher at a public high school in Brooklyn, Lucy Burns spent several years in international study in Germany and then in England, studying linguistics and English. Womens Suffrage in the United Kingdom In England, Lucy Burns met the Pankhurst: Emmeline Pankhurst and daughters Christabel and Sylvia. She became involved in the more militant wing of the movement, with with the Pankhursts were associated, and organized by the Womens Social and Political Union (WPSU). In 1909, Lucy Burns organized a suffrage parade in Scotland. She spoke publicly for suffrage, often wearing a small American flag lapel pin. Arrested frequently for her activism, Lucy Burns dropped her studies to work full time for the suffrage movement as an organizer for the Womens Social and Political Union. Burns learned much about activism, and much, in particular, about the press and public relations as part of a suffrage campaign. Lucy Burns and Alice Paul While at a police station in London after one WPSU event, Lucy Burns met Alice Paul, another American participant in the protests there. The two became friends and co-workers in the suffrage movement, beginning to consider what might be the result of bringing these more militant tactics to the American movement, long stalled in its fight for suffrage. The American Womens Suffrage Movement Burns moved back to the United States in 1912. Burns and Alice Paul joined the National American Woman Suffrage Association (NAWSA), then headed by Anna Howard Shaw, becoming leaders in the Congressional Committee within that organization. The two presented a proposal to the 1912 convention, advocating for holding whatever party was in power responsible for passing womens suffrage, making the party the target of opposition by pro-suffrage voters if they did not. They also advocated for federal action on suffrage, where the NAWSA had taken a state-by-state approach. Even with the help of Jane Addams, Lucy Burns and Alice Paul failed to get the approval of their plan. The NAWSA also voted not to support the Congressional Committee financially, though they did accept a proposal for a suffrage march during Wilsons 1913 inauguration, one which was infamously attacked and two hundred marchers were injured and which brought public attention back to the suffrage movement. Congressional Union for Woman Suffrage So Burns and Paul formed the Congressional Union - still part of the NAWSA (and including the NAWSA name), but separately organized and funded. Lucy Burns was elected as one of the executives of the new organization. By April of 1913, NAWSA demanded that the Congressional Union no longer use the NAWSA in the title. The Congressional Union was then admitted as an auxiliary of NAWSA. At the 1913 NAWSA convention, Burns and Paul again made proposals for radical political action: with Democrats in control of the White House and Congress, the proposal would target all incumbents if they failed to support federal womens suffrage. President Wilsons actions, in particular, angered many of the suffragists: first he endorsed suffrage, then failed to include suffrage in his State of the Union address, then excused himself from meeting with representatives of the suffrage movement, and finally backed off from his support of federal suffrage action in favor of state-by-state decisions. The working relationship of the Congressional Union and NAWSA was not successful, and on February 12, 1914, the two organizations officially split. NAWSA remained committed to state-by-state suffrage, including supporting a national constitutional amendment that would have made it simpler to introduce woman suffrage votes in the remaining states. Lucy Burns and Alice Paul saw such support as half measures, and the Congressional Union went to work in 1914 to defeat Democrats in Congressional elections. Lucy Burns went to California to organize women voters there. In 1915, Anna Howard Shaw had retired from the NAWSA presidency and Carrie Chapman Catt had taken her place, but Catt also believed in working state-by-state and in working with the party in power, not against it. Lucy Burns became editor of the Congressional Unions paper, The Suffragist, and continued to work for more federal action and with more militancy. In December of 1915, an attempt to bring the NAWSA and the Congressional Union back together failed. Picketing, Protesting, and Jail Burns and Paul then began working to form a National Womans Party (NWP), with a founding convention in June of 1916, with the primary goal of passing a federal suffrage amendment. Burns applied her skills as an organizer and publicist and was key to the work of the NWP. The National Womans Party began a campaign of picketing outside the White House. Many, including Burns, opposed the entry of the United States into World War I, and would not stop picketing in the name of patriotism and national unity. Police arrested the protestors, over and over, and Burns was among those sent to Occoquan Workhouse for protesting. In jail, Burns continued to organize, imitating the hunger strikes of the British suffrage workers with which Burns was experienced. She also worked to organize the prisoners in declaring themselves political prisoners and demanding rights as such. Burns was arrested for more protesting after she was released from jail, and she was in Occoquan Workhouse during the infamous Night of Terror when the women prisoners were subjected to brutal treatment and refused medical help. After the prisoners responded with a hunger strike, the prison officials began force-feeding the women, including Lucy Burns, who was held down by five guards and a feeding tube forced through her nostrils. Wilson Responds The publicity around the treatment of the jailed women finally moved the Wilson administration to act. The Anthony Amendment (named for Susan B. Anthony), which would give women the vote nationally, was passed by the House of Representatives in 1918, though it failed in the Senate later that year. Burns and Paul led the NWP in resuming White House protests - and more jailings - as well as in working to support the election of more pro-suffrage candidates. In May of 1919, President Wilson called a special session of Congress to consider the Anthony Amendment. The House passed it in May and the Senate followed in early June. Then the suffrage activists, including in the National Womens Party, worked for state ratification, finally winning ratification when Tennessee voted for the amendment in August 1920. Retirement Lucy Burns retired from public life and activism. She was embittered at the many women, especially married women, who did not work for suffrage, and at those she thought were not sufficiently militant in support of suffrage. She retired to Brooklyn, living with two of her also-unmarried sisters, and raised the daughter of another of her sisters who died shortly after childbirth. She was active in her Roman Catholic Church. She died in Brooklyn in 1966. Religion: Roman Catholic Organizations: Congressional Union for Women Suffrage, National Womans Party
Thursday, November 21, 2019
Business Report_ Informative report Case Study Example | Topics and Well Written Essays - 1000 words
Business Report_ Informative report - Case Study Example For purposes of clarity, these have ultimately been broken down into 3 key areas: Cleanliness, Quality of Food, and Quality of Service. As such, the proceeding sections will target each of these areas and relate how the sampling of employees felt with relation to each one of these. A 90% response rate was achieved with over 500 employees originally sampled. As a means of understanding the core components of dissatisfaction, the study itself was of a somewhat limited scope as a means to seek to answer the most pressing issues that currently face the cafeteria and those within the firm that make use of its offerings. From this sampling the following key information has been determined with regards to the proceeding determinants that have been weighed: 98% of respondents indicated that the level of cleanliness within the cafeteria was unsatisfactory; key concerns centered around dirty floors, unsanitary condiment sections, and unclean floors and eating utensils. Additional concerns with relation to cleanliness consisted of concerns relating to the personal cleanliness of the food preparation process and the kitchen/cafeteria workers themselves. Similarly, fully 80% of employees felt that the quality of the food that the cafeteria offered was of a poor nature. Key concerns that were stated revolved around food being greasy, too salty, poorly cooked, improperly seasoned, tasting old, and/or being stale. Of the responses, it is interesting to note that none of these were concentric around the lack of choice or lack of diversity in the offerings that are made. Instead, they were almost wholly concerned with the level to which the food represents poor preparation, seasoning, or care. Finally, 76% of the employees sampled noted that the overall quality of the service that they received within the cafeteria was poor or substandard. Prime reasons were concentric upon surly staff and poor attention to detail with regards to refills and condiments
Subscribe to:
Posts (Atom)