As the local manager of an international accounting firm, you place high priority on professional etiquette. Not only does it communicate respect to your clients, it also instills confidence in your firm by showing that you and your staff are aware of and able to meet the expectations of almost any audience. Earlier today, you took four recently hired college graduates to lunch with an important client. You’ve done this for years, and it’s usually an upbeat experience for everyone, but today’s lunch was a disaster. One of the new employees made not one, not two, but three calls on his cell phone during lunch. Another interrupted the client several times and even got into a mild argument. The third employee kept making sarcastic jokes about politics, making everyone at the table uncomfortable. And the fourth showed up dressed like she was expecting to bale hay or work in a coal mine, not have a business lunch in a posh restaurant. You’ve already called the client to apologize, but now you need to coach these employees on proper business etiquette. Draft a single memo to these employees, explaining why etiquette is so important to the company’s success and their individual careers. Be sure to use specific examples for clarification.
Teaching Net Present Value (NPV) & Future Value (FV)
Teaching Net Present Value (NPV) & Future Value (FV)
You have been asked by a manager in your organization to put together a training program explaining Net Present Value (NPV) and Future Value (FV) and how they are used to evaluate the price of stock. You have been given the following objectives:
Upon completing your Net Present Value (NPV) and Future Value (FV) Training Program, employees should be able to do the following:
- Explain NPV and FV.
- Describe the factors that are used in the NPV and the FV formulas.
- Give an example of how to use the formulas for NPV and FV for a stock purchase.
- Summarize the differences between the two formulas and the purpose of using each.
Develop a 10- to 12-slide PowerPoint Presentation (excluding title slide and reference slide) that cover each of the above topics. In the slide notes, include your explanations for each topic above. You must use a minimum of two scholarly sources.
Medicare Nursing
Instructions:
In this assignment, you will be researching dimensions of quality and safety in healthcare, specifically long- term care, and how various industries can apply these concepts to improve operations.
- Using the Medicare Nursing Home Compare website, research one nursing home that displays a low level of quality as indicated by their Five Star Rating*
- The nursing home should display a low level of quality (-2 star rating)
- The nursing home should display a low level of safety
- Provide a general overview of the nursing home (e.g., name, location, bed size, ownership, etc.)
- Discuss the quality performance of the nursing home as evident by its most recent health care inspection (e.g., deficiencies, citations, financial penalties, etc.). This can be accomplished by thoroughly reading the nursing home’s statement of deficiencies and plan of action to correct quality deficiencies (CMS Form 2567).
- Discuss the safety performance of the nursing home as evident by its most recent life safety inspection (e.g., life safety citations, financial penalties, etc.). This can be accomplished by thoroughly reading the nursing home’s life safety code statement of deficiencies and plan of action.
- Discuss appropriate techniques that you would use to improve quality in the nursing home.
- Discuss appropriate techniques that you would use to improve safety in the nursing home.
- Be sure to include details about the deficiencies that you found.
- Report your findings by using one (1) of the methods below:
- 3-4 page paper excluding front and back matter (APA standards apply).
- Internal organizational memorandum.
- Infographic
- Power Point presentation for a Board of Directors (10-12 slides; speaker notes as needed to support assertions).
- 7-10 minute public service announcement (using a free online voice recorder such as vocaroo.com)
- Video newscast (using a free online video recorder such as YouTube.com)(e.g.,entertainment talk show, television commentary, interview-style, news reporting, etc.).
- The use of first person is permitted for this assignment (excluding option 1).
- APA formatting (e.g., title page, conclusion, font size, etc.) should not be used if you choose to complete the memorandum, infographic, PSA, or newscast.
- Although the use of APA formatting is not required for this Assignment, proper grammar, spelling, and an APA formatted reference list of sources are expected.
*You can select any nursing home published on the Medicare Hospital Compare website. To narrow your selection, consider researching nursing homes in your community, previous places of residence, employers, competitors, or even a nursing home you would like to network with someday.
References:
http://www.medicare.gov/nursinghomecompare/search.html
https://www.cms.gov/Medicare/CMS-Forms/CMS-Forms/downloads/cms2567.pdf
Discussion questions
1. Introduction and 1 concisely written thesis statement (1 point).
2. Describe your chosen role as an APN in your setting. (1 point).
3. Differentiate among: research, Evidence Based Practice (EBP) and quality improvement. (3 points).
4. Explain how and why EBP, research and Quality Improvement (QI) are important to your APN role and specifically how these terms are integrated/applied into your practice setting. (3 points).
5 a. Provide a specific example of how EBP or QI is applied (or not applied) in your setting. (2 points). You should include how the information is disseminated to your specific area of practice (i.e. nurses, multidisciplinary team members, doctors, etc.). Be sure to consider committees in charge of reviewing policies to make the changes and distribute the new information, the role of administration, educators, CNSs, etc. in the dissemination process. For example: if I am interested in reducing CAUTIs in my particular setting, than I would discuss that topic area here and take a look at my facility and determine whether they are using EBP (and if so is it current and the best EBP) to make clinical decisions on treatment, protocols or policies.
b. Then I would describe how I know this to be true? Does the facility have a committee to evaluate policies? Is the staff involved, or is this a function of the CNL, Nurse Educator, CNS, NPs, physicians, etc. How does EBP or a QI project get from just a thought/plan to actual implementation in the hospital? (2 Points)
6. Summarize findings of the discussion. (1 point) 7. References: you should include a minimum of 2 references in the initial post. The post should be no more than 750 words.
Financials and Business Performance Measurement
Please provide responses for the discussions below. Appx 300 words for each DQ.
Topic: Financials and Business Performance Measurement
DQ 1: Chart of Accounts, General Ledger, and Accounting System. Notice how much detail can be included in various financial statements. What accounting data is required for you to write your CLC Business Plan? How can you present just enough information for your reader to get a clear understanding of the financial concerns of your proposal?
DQ 2: Strategic Planning. Many strategic plans contain financial data. Discuss how you might include this type of financial data in your CLC Business Plan.
DQ3: Explain why measuring performance is important in business operations. Choose a business performance measurement tool that does not relate to your CLC and explain why.
DQ 4: Consider the following hypothetical situation: You are a human resources manager in a medium-sized hospital. You are writing the job description for an operations manager who will manage finances, evaluate financial performance, and develop financial plans. What skills does a suitable candidate need?
Analyze a Business Analyst Position: Analyze a Business Analyst Position
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Please write about the job in this link
https://www.dice.com/jobs/detail/Business-Analyst-Advanced-Programming-Group-Danbury-CT-06810/10169983/134777?icid=sr2-1p&q=business analyst&l=06514).
In a one page word document, summarize the job, give your opinion of the skills and requirements needed and discuss your feelings on what a day in the life of that analyst would be like
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Economic Analysis: You will follow one firm of your choice for the entire session. You will analyze how this firm makes economic decisions as well as how events in the economy affect the firm. Please choose ONE Fortune 500 firm from the following list (feel free to use ANY firm, it does not have to be in the top 10):
You will follow one firm of your choice for the entire session. You will analyze how this firm makes economic decisions as well as how events in the economy affect the firm. Please choose ONE Fortune 500 firm from the following list (feel free to use ANY firm, it does not have to be in the top 10):
After choosing one firm, address the following questions in a 5-page essay:
- What is the organization you are going to use? Why do you think it will be an interesting focus for your economic analysis?
- What are positive and normative statements? Describe the difference between these two types of statements in your own words. Write at least ONE positive and ONE normative statement about your firm.
- Find any current event/article regarding your firm from an online resource (nytimes.com, online.wsj.com, etc). Be sure to reference this article in your paper. Summarize the issue and how it relates to at least ONE of this module’s economic concepts (opportunity cost, scarcity, factors of production, diminishing returns, spillover principle, etc.)
SLP Assignment Expectations
Use concepts from the modular background readings, as well as any good-quality resources you find from the Trident online library or other Internet search engines. Be sure to cite all sources within the text and provide a reference list at the end of the paper.
Length: 4 pages, double-spaced and typed.
The following items will be assessed:
- Your ability to perform an economic analysis of a firm of your own choice.
- Some in-text references to the modular background materials (APA formatting not required).
- The essay should address each element of the assignment. Remember to support your answers with solid references.
The Solution:
Economic Analysis
Question 1
Economic analysis is one of the most ideal techniques of determining the financial health of a company. In this paper, the company of interest is JP Morgan Chase Bank. It is a financial institution whose core business ranges from providing loans to both small and large institutions to investment banking. It is one of the oldest financial institution in the history of USA with an asset base of approximately $2.4 trillion (JPMorgan Chase & Co., 2017). Further, it has operations in more than 100 different countries in the world hence it is a large employer. The stock of the organization is a component of the Dow Jones Industrial Average.
The reason for using JP Morgan Chase Bank is that it has been in existence for a long time (JPMorgan Chase & Co., 2017). The company has survived some of the worst economic depressions in the American history and still managed to be listed as one of the current tier 1 banks. There is plenty to be learnt from an analysis of the institution since its growth since inception is provides insight on the business life cycle. Further, it has managed to remain profitable despite having reached the peak stage. As such, it is suitable for a detailed and comprehensive economic analysis.
It also presents an interesting focus due to its availability of data. Information on the company is freely and readily available on its website and other newspaper articles. Due to its size and the large shareholder base, the company is of interest to many individuals. As such, data about its governance, its earnings and other key financial elements are readily available (JPMorgan Chase & Co., 2017). The economic analysis is, therefore, made easier since the relevant data is accessible to the researcher. Additionally, the brand awareness of JP Morgan Chase Bank makes it easy to evaluate the opinion of the public towards the company.
Question 2
In economics, positive statements are statements that are based on facts. Since there exists data that supports the statement, it is assumed to be objective (Mankiw, 2015). They are reliable since different analysts can test the point being put across and either approve or disprove. Over time, individuals have argued that policies should be set based on positive statements. They can be adjusted to fit the current data hence they remain relevant in making decisions. It should be noted that positive statements are not based on the herd mentality and do not blindly approve the public’s opinion. They are, therefore, reliable and objective.
Normative statements are statements that are based on the opinions of people (Caplin & Schotter, 2010). There is no underlying data that can be tested to either prove or disprove them. They are considered subjective and value based since there is no real foundation to their existence except for the attitude of individuals towards a particular situation. There have been instances where normative statements have been shared on numerous occasions making people believe that they are factual. However, it is important to note that they describe the opinions of different people and do not serve as a true reflection of the existing circumstances.
One of the main differences between normative and positive statements is that positive deals with facts whereas normative deals with opinions (Mankiw, 2015). As earlier described, positive statements are objective and have data that can be tested to provide a conclusive result. Analysis by data is more concrete since it a true reflection of people’s tastes and preferences. It can be used in determining the potential results of an election since the data collected will assist in modelling the people’s real view. However, normative statements are subjective and value based. An example can be given of a campaign manager who voices that his or her candidate will win the election without considering any real data.
The second difference between the two branches of economics is that positive does not have to be correct whereas normative has to be correct. Researchers are able to test positive statements (Caplin & Schotter, 2010). They can build models on which they can test the available data. As such, the theory spanned can be approved or disproved. However, it is impossible to test normative statements. There is no data to support or disprove the opinion that is being held by the masses. As a result, should the statements be incorrect it could lead to the spread of propaganda.
The final difference is that positive statements explain the cause and effect relationship between variables whereas normative statements pass value judgement (Mankiw, 2015). There exists a relationship between the elements of a positive statement. An example can be given of a declaration that an increase in income leads to a higher purchasing power. In this case, the independent variable is the increase in income and the dependent is the purchasing power. A study conducted to test the validity of that positive statement will highlight a cause and effect relationship between the two variables. The same logic is not applicable in normative economics.
Both positive and normative statements can be identified from a study of the JP Morgan Chase Bank. A positive declaration will state that approximately 50% of the bank’s revenue is derived from servicing the small businesses. This theory can be tested since the total revenue of the bank in a given financial period is drawn from its financial statements and a breakdown of the different sources of revenue is available. One can then calculate and determine if indeed 50% of the company’s revenue is obtained from its relationship with small businesses. An example of a normative statement would be JP Morgan should expand the sphere of its work in data analytics. It is subjective and value based.
Question 3
According to an article in the Guardian by Helmore (2016), JP Morgan Chase Bank intends to raise its minimum wage by 20%. The current minimum wage for employees lies at $10.15 an hour. The management plan to raise it to between $12 and $16.50 an hour depending on the location of the branch. This initiative will affect approximately eighteen thousand employees. Such a move by the management relates to the spillover principle since an increase in the minimum wage of the employees increases their purchasing power and contributes towards economic growth and development.
Conclusion
The decisions made by the management of companies put into practice the economic theories and models. They employ techniques such as the spillover principle and the opportunity cost and this has a general effect on the growth and development of the country. In relation to positive and normative statements, it is important that individuals identify the differences since it helps them understand whether a statement is a true reflection of the financial situation of the company or not.
References
Caplin, A., & Schotter, A. (2010). The foundations of positive and normative economics: A handbook. Oxford University Press.
Helmore, E. (2016). JPMorgan Chase raises its minimum wage by 20%. Retrieved from The
Guardian. https://www.theguardian.com
JPMorgan Chase & Co. (2017). JPMorgan Chase & Co. Retrieved from JPMorgan Chase & Co.: https://www.jpmorganchase.com
Mankiw, N. G. (2015). Essentials of economics. CengageBrain.com.
Immigrant short story
It started like any other day up on the hills of Rhein, but that day had the scent of freedom floating in the air. The journey ahead of me had been teasing me for weeks, I was just so anxious to get away and start all over again. I had made certain arrangements before I left, our family dog was not allowed on the ship that we were going to be arriving in America, so I had my parents take care of the dog for us. It was a hard thing to do seeing that the dog had become more than just a pet to the children and I, for we almost would recognize him as a family member. Most of our possessions we were able to keep with us, but we had to keep the load light since it was going to be a tight stay in the steerage. I wasn’t sure of what to expect in America, but my friend Niva had been writing me ever since she had arrived in America; begging me to witness the splendor of freedom given, and the different way of living. I was easy to be convinced into going because it seemed like nothing was really happening in my life, and I was desperate for a change.
The sea breezes were dancing around me as I waved goodbye to my ma and pa. Tears streamed down my face as I looked at what I was going to be leaving, it was my life and my past. Each of the children were given a photograph of the last time we were all together, including our dog Marcy and my ma and pa. Their small hands drifted in the breeze while waving goodbye to everything t…
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The House of Mango Street by Sandra Cisneros
Women of Dreams
The question, “What do you want to be when you grow up?” is often asked by teachers, parents, friends, and family addressing younger children. It would seem that most Americans have within them the sense that dreams do have the potential to become reality. People often choose to see the “bright futures” of children in order to reassure them they can be anything they want to be. It seems as though there are no barriers to reach a goal if enough hard work is applied. Does this truth transcend cultural divides? Do people of minority in the United States have the same hope about their futures as the majority does? Sandra Cisneros depicts the unique dreams of Mexican-American women despite cultural depression in her story The House on Mango Street.
The plot of The House on Mango Street symbolizes an immigrant family moving to the United States in hope of a future with more opportunities. It is a story about a girl by the name of Esperanza and the retelling of the events in her childhood. Esperanza faces many challenges growing up in an underdeveloped neighborhood of inne…
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Experience of an Immigrant
When I was deliberating topics for my case study ethnography report I was inspired to examine some one very close to me who is “undocumented”, someone whose experience I have seen first hand, some one who has affected my life and understanding of immigrants with his situation; my partner, Mario. This class has exposed us to many writings on the subjects of migration, immigration and emigration. I began to compare the concepts and information in the readings to Mario’s personal situation. I was curious if his answer would be “In search of a better life” when asked, “Why did you come here?”
By offering personal insights and experiences regarding his/our situation I would like to discuss issues directly related to the expected learning outcomes that the course Migration and Culture had put forth in the beginning of the semester, including: patterns, transnational events, understanding why people migrate and impacts on the host and home communities of the migrants.
I had crated a semi-formal interview with Mario and asked questions that might help me and others understand the issu…
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