Snowden should be punished Free Essay Example, 1000 words

Security agents from C. I.A do not buy this kind of argument, they insist he went to the mentioned countries to leak sensitive information and in return seek amnesty. However, their arguments do not hold water because, Hong Kong, is a state in China that has no freedom of speech. On the other hand, even if that was true, why then did he run to Russia rather than stay in China? This would imply the possibility of threats from the government to obtain valuable information from him, and him being forced to run yet again because he could not risk that. Then the question arising would be, why Russia? The general feeling of those opposed to his heroism is that he ran to Russia because he knew that they are opposed to U. S. Another argument that has been presented for his heroism is the fact that he had the people of America at heart and their need to protect their rights and by so doing, he presented Americans a reminder on a matter of importance to them, security. Other people argue that by reporting the NSA he was putting himself at risk, and he knew this could hurt him but did it anyway, quoting him saying that he is willing to go to the extent of sacrifice due to his conscience. We will write a custom essay sample on Snowden should be punished or any topic specifically for you Only $17.96 $11.86/pageorder now He adds that his conscience would not allow him to watch the government demean their privacy and the internet freedoms of people while doing nothing about it. However, Snowmen’s story is not really believable, so much that even the journalists who were conducting the interview did not believe him. Having told them of his intentions, the reporter asks him, displaying unbelief, what would possibly make him leave his home and comfortable life behind, stating the amount of money he makes. If his interest had indeed been the rights of the American people, why would he feel a need to also disclose information about Russia, China and Germany as he did? Also, how could a man that could not be trusted to think about his family before running away be trusted to care about the nation? Lastly, the information he released, rather than help the country frustrated relations such as with the Russians and the Brazillian government. Not all people were thrille d at his releasing the news and this goes to further prove him as a traitor. Ralph Cossa was presented telling a CNN affiliate that Snowden has a ‘mother Teresa gene’ that could be described as excessively active that caused him to think he was saving America whereas he was only doing a foolish act. He points out that even though the Americans expect their privacy to be honored, they also expect to be protected from terrorist attacks.

Factors Affecting Financial Management Of Public Secondary...

FACTORS AFFECTING FINANCIAL MANAGEMENT OF PUBLIC SECONDARY SCHOOLS IN MARANI DISTRICT, KENYA A ThesisSubmitted to the Department of Management School of Business University of Eastern Africa, Baraton In Partial Fulfilment of the Requirements for the Degree of Master of Business Administration (Finance) Esther MoraaOndieki July,2015 DECLARATION SHEET This thesis is my original work and to the best of my knowledge this work has not been published and/or presented to any University for an award of a degree. __________________ _________________ Esther MoraaOndieki Date DECLARATION BY THE SUPERVISORS This thesis has been submitted for examination with our approval as University supervisors. ______________ _____________ Dr Allen Monta Date ________________ _______________ Prof. Abraham Idowu Date Abstract This study pursued to find out the factors affecting the financial management of public secondary schools in Marani District, Kenya. The study engaged descriptive study design. In the district there are 28 schools and 16 was chosen randomly to participate in the study. Respondents were bursars/accounts clerk, principals and BOG. Questionnaire was used to acquire data from the respondents. Furthermore someShow MoreRelatedTrends Of College Admissions : Katherine O Malley. Arizona State University1510 Words   |  7 Pages Trends in College Admissions Katherine O’Malley Arizona State University One of the key components in higher education enrollment management in a public, four-year university is the admissions process. With encouragement from many sources such as friends, family, and college marketing materials, high school juniors and seniors apply and enroll in college by the thousands each year (McDonough, 1994). 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Sutter Case Analysis Essay Example For Students

Sutter Case Analysis Essay An increasing issue within the health care field is the inability to collect debt from the growing population of uninsured or underinsured patients. Healthcare organizations may be struggling to meet operational margins because the industry has never treated its customers like other retail-oriented sectors of the economy. A McKinsy and Company report states that hospitals incur sixty billion dollars in bad debt annually because they typically collect only ten to twenty percent of a total uninsured patient balance after service. MacKenzie, 2009) This is due to a number of reasons, including poor accounting practices or a lack of patient information. This paper will discuss how one hospital, California’s Sutter Health, has taken steps to correct this issue. It will analyze the accounting practices put into place by Sutter Health and the success of this practice. This author will also provide an alternate solution to the issue of debt collection for self-pay patients as well as a n opinion concerning the actions taken by Sutter Health. First it is important to provide background information pertaining to California’s Sutter Health Hospitals. Sutter Health is a non-profit network of community-based healthcare providers. This organization provides care to more than one hundred Northern California communities. (Souza McCarty, 2007) Sutter Health is composed of hospitals, physician organizations and other health care service providers that share resources and expertise to advance health care quality. While the variety of providers is beneficial to the communities served, it posed an operating issue for the organization. (Hummel, 2004) One of the key problems that Sutter Health was experiencing was that each facility acted as an independent â€Å"island† of information. Due to the numerous operating and accounting systems it was impossible to obtain data and reports in the same format from every location. There were no common practices within the organization. (Hummel, 2004) Each facility followed different admitting and billing procedures. This resulted in a few facilities having accounts receivable days in the range of one hundred twenty, while others had fewer than sixty days. The lack of standardized revenue collection and integrated management reporting tools was adversely affecting the financial performance of Sutter Health. Hummel, 2004) In 2003, during their effort to standardize the operating systems, Sutter Health performed an analysis of the organizations revenue management cycle. The analysis results proved that Sutter’s current information systems were costly to maintain and did not provide the real time information that was needed. (Anonymous, 2005) The analysis provided Sutter with information that was valuable in determining k ey issues that were affecting their ability to collect debt and lower the facilities account receivable days. Most of the issues arose from the inability to access real time information which in turn affected the actual methods of collection that were being employed. The lack of real time information greatly hindered Sutter Health’s ability to collect debt from patients once a service had been provided. Since the needed information was not immediately available, managers had to wait until the end of the month to set benchmarks, track progress, or make decisions. This delay in information prevented account representatives from being able to prioritize and effectively work on their cases. Souza McCarty, 2007) This had a negative impact on the number of receivable days that each facility incurred. Due to the lack of information, Sutter Health had difficulty collecting on patient accounts. Sutter’s collection method focused on the back end staff- the central business office and collectors- rather than the front-end staff member to collect payments. (Souza McCarty, 2007) Patients were not being asked for their payment in a timely manner. Important information, such as the patient’s portion of responsibility and the verification of the insurer’s responsibility, was delayed due to the systems that were in place. Once the account representatives were provided with the information they needed patients had already received care and been released. It became more challenging to collect debt after a significant amount of time had passed between the date of service and the date of collection attempt. Reimbursement is reduced by forty percent post-service. (Anonymous, 2010) This resulted in an increase of account receivable days. After examining the information obtained from the analysis and realizing the importance of standardization throughout the organization, Sutter developed a solution that best fit their current situation. First on the agenda was to develop a standardized system within the entire Sutter Health organization. The organization chose a program based on the criteria that the program met or exceeded existing functionality, be easy to use, be cost effective and represent advanced and/or adaptive technology. (Anonymous, 2005) Sutter Health chose to use the MedSeries4 (MS4) throughout all of their facilities. This program has helped to standardize the organization’s patient accounting processes. The staff of Sutter Health is now able to prioritize and follow up on financial counseling, third-party payer billing and collection activities through an automated collection system. This system also has the capability of producing daily work list based on manager-defined account receivable criteria. Each facility is able to track accounts from the moment of pre-admittance through the time of potential assignment with an outside collection agency. (Hummel, 2004) This has also resulted in the facilities being able to provide data and reports in the same format. Another aspect of Sutter’s solution was to alter their collection method. Two Strong and Brave Women EssayNinety-seven percent of hospitals surveyed in the Healthcare Financial Management Association (HFMA) 2009 study, The Changing Face of Self-Payment in Hospitals, have experienced an increase in self-pay accounts receivable compared with the prior fiscal year. In nearly thirty-three percent of respondent hospitals, receivables are growing faster than patient revenue. (Koeing, 2010) Sutter Health took the necessary steps to reduce their number account receivable days. By standardizing their operational systems throughout the organization, Sutter was able ensure that each facility was able to provide and access data in an equivalent format. Sutter also implemented a front-end collection method. This helped to lower the account receivable days as well as increase the revenue of the organization. While I believe that Sutter adapted the most effective solution, there are other alternative to addressing the same issue. One alternative is receivable segmentation. This method instructs hospitals to determine a patient’s likeliness to pay their debt. The patients â€Å"collectability† status is based on several factors, including credit and income. Receivable segmentation provides healthcare providers with the opportunity to increase self-pay collections, decrease cost to collect, and improve self-pay account receivable days. Despite which method health care organizations use, it seems as though any measures taken may reduce uncollectable accounts and increase revenue. References Anonymous. (2005, October 19). Sutter Health Selects EPSis Solutions to Achieve System-wide Cost Standards and Performance Management . PR Newswire,1. Retrieved July 29, 2010, from ProQuest Database (Document ID: 913887581). Anonymous. 2010, June 05). MedAssets; Sutter Health Selects MedAssets Patient Bill Estimation Solution to Improve Collections and Help Consumers Understand Their Out-of-pocket Cost. Retrieved August 04, 2010, from ProQuest Database. Boehler, A. Hansal, J. (2006, January 01). Innovative strategies for self-pay segmentation . Healthcare Financial Management. Retrieved July 29, 2010, from http://www. allbusiness. com/banking-finance/ banking-lending-credit/10579823-1. html. Edmonds, T. , Olds, P. , McNair, F. , Tsay, B. (2010). Survey of Accounting (2nd ed. ). New York: McGraw-Hill Irwin. Healthcare Financial Management Association (HFMA). (2010). Managing the Self-Pay Cycle. Retrieved July 29, 2010, from http://www. emdeon. com/eNewsletters/Compass/Spring10/Managing%20the%20Self%20Pay%20Cycle%20HFM%20March%202010. pdf. Hummel, J. (2004). Financial Finesse . Health Management Technology, 25(2), 52-55. Retrieved July 29, 2010, from ProQuest Database (Document ID 538867911). Koeing, S. (2010, March 29). Five Strategies for Strategic Debt Recovery of Self-Pay Patient Accounts. Retrieved July 30, 2010, from http://www. healthleadersmedia. com/content/FIN-248700/Five-Strategies-for-Stra

Strategic Entrepreneurship within the Current Market Dynamics

Summary The business sector continues to undergo tremendous developments in the 21st century. With numerous technological advancements, wider market bases, higher consumer purchasing powers, and market liberalizations in many parts of the world, entrepreneurs and businesspersons continue to enjoy high profits margins from their investments.Advertising We will write a custom report sample on Strategic Entrepreneurship within the Current Market Dynamics specifically for you for only $16.05 $11/page Learn More Despite these advancements, the resulting business environment becomes competitive with increased risks, inadequate forecasting abilities, emerging structural systems, and fluid firms as well as industrial boundaries. All these factors compel management teams in business firms and franchises to engage in innovative ideas that can withstand the new business landscape intertwined in dynamism, complexity, chaos, and contradictions. Formulation of plans p lays an imperative role in effective management of business opportunities. It is from these strategic management plans that leadership structures in any business entity develop the ways of maximizing the opportunities, while reducing the risks associated with the threats and weaknesses evident in the venture. Plans and objectives offer the engaged workforce clear goals and expectations within given periods, thus creating a hard-working labor force. This increases the chances of high productivity, hence earning more profits to the business. Strategic planning, proper management, adequate entrepreneurial skills, and efficient workforce provide the grounds for successful business set-up with the ability to enjoy competitive advantage over the rivals in the market. Key Learning Points Strategic management is a process that guides the day-to-day activities in a business entity; it helps in continuous renewal and growth of business by providing contexts essential for development and imple mentation of business operations. Business entities formulate such plans by developing missions, achievable objectives, strategies, as well as setting policy guidelines (Schendel Hofer, 1978). Qualcomm Corporate entrepreneurship program remains a successful story for the company given its acquisition of talented and innovative labor force. The company created an avenue for all employees to engage consumers in market analysis before the introduction of a telecommunication gadget in the market. This strategy has benefited the company through increased sales. Qualcomm commands a competitive advantage over rivals, which develop telecommunication gadgets and impose them on consumers (Dess, 2012). Entrepreneurship entails the process of creating wealth through a sequence of commitment by persons who take significant risks in business, and work towards providing products and services to accessible markets. Value additions and innovations play a vital task in the success of many entreprene urs.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More For this reason, most entrepreneurs invest more in innovative ideas of the already existing products and services to win the hearts of the vibrant customers; it is the entrepreneurs’ innovative ideas that continue to revolutionize the business behavior in the current dynamic markets. As Ireland et al. (2003) put it, entrepreneurial and strategic actions in the current business environments majorly target ways of finding new markets and creating competitive space for wealth creation and business success. Relevant Statements to the Session Even though strategy and entrepreneurship in business are independent constructs, strategic entrepreneurship remains intertwined between these two concepts with an aim of ensuring business success (Schendel Hitt, 2007). The creativity, imagination, and opportunities that come handy with strategic entrepreneurship are fundamental to all markets. The UAE market, for instance, continues to attract global attention due to liberalization and international trades; these are significant results from strategic entrepreneurship. Entrepreneurship plays an integral role in creating employment, as well as growing the economy of a country. Markedly, in case entrepreneurs gain ground in UAE, several individuals will gain access to the job structures that the system will create. On the same note, one aim of strategic entrepreneurship revolves around creating geographic entities in business. For this reason, motivation and support of entrepreneurial activities in the UAE provides a sufficient strategy for advancing the level of economic growth and development not only to the Middles East trading block but also to the wider Arab common market (Schendel Hitt, 2007). Critical Analysis and Implementation Companies implementing strategic entrepreneurship within their ranks enjoy great profits since innovative skills trickle continuously into their systems, thus ensuring maintenance of competitive advantage in markets. Therefore, the need to adopt strategic management and entrepreneurship skills in the production sector of business entities is indispensable. Initiation and implantation of these facets of management involve a series of consultation and consensus among all stakeholders involved in business managements. Different ways of implementing such a program in an organization are discussed below. Emphasizing Ethical Behavior and Value Based Decisions In order to develop a strong workforce base grounded on integrity and hard work, the process of recruiting new employees must emphasize the need for value-based individuals in the production sector. This ensures that the new staffs join the production force with a vast array of creative ideas in production, thus increasing the chances of maintaining competitive advantage in the market (Rommel, 1995).Advertising We w ill write a custom report sample on Strategic Entrepreneurship within the Current Market Dynamics specifically for you for only $16.05 $11/page Learn More Develop Clear Goals Formulating goals and objectives remain vital in ensuring success of any organization. It is imperative for management teams in any business entity to develop clear goals, and defines strategies for achieving such goals. This ensures that all employees in the organization engage in effective production towards a common goal. Similarly, management teams must develop strong expectations from the defined goals to ensure that each individual performs his/her function with maximum benefits. Practical Implications Smallbone (2010) argues that for an upcoming business organization, proper mechanisms are necessary to exploit the global market using available technologies. Proprietors of the new business entity must develop sustainable ways of improving on the available products and services to win the already competitive customer base. Most businesses fail because many aspiring businesspersons venture into the field using â€Å"trial and error† methods. However, effective strategic planning, management, and entrepreneurship provide liberal market feasibility program by pinpointing specific zones of inevitable success, as well as establishing viable ways of maintaining a competitive advantage in an industry. A well-stated and clearly defined strategic entrepreneurship structures enable employees to direct innovation behaviors towards a common goal, thus reducing instances of business failure. Learning Reflections Adoption of a dynamic competitive mind is necessary for profitability in the market. In order to institute this, management teams in an organization must recruit a flexible and speedy workforce full of innovative minds. In the interviews and recruitment sessions, it is necessary to hire an individual with adequate strategic leadership qualities to ensure dy namism in production (Rommel, 1995). On the same note, proper mechanism of exploiting individual brilliance and efforts are necessary. Incentives and rewards for exemplary performances among the employees play an important role in employee motivation. Supporting Evidence The current world market is flooded with several businesspersons. At the same time, consumer satisfaction plays a key role in the success of businesses. Innovative ideas and value addition mechanisms remain paramount in the struggle towards consolidating market bases. From these aspects, strategic entrepreneurship remains an important initiative that business entities strive to develop their styles of operation to cope up with the market competitions. Educational segment of business and international trade plays an integral role in imparting the necessary skills and knowledge needed for business survival in the dynamic market.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More References Dess, G. G. (2012). Strategic management: text and cases.New York: McGraw-Hill/Irwin. Ireland, R.D., Hitt, M.A., Sirmon, D.G. (2003). A model of strategic entrepreneurship: The construct and its dimensions. Journal of Management, 29(6), 963–989. Rommel, G. (1995). Simplicity wins: how Germany’s mid-sized industrial companies succeed. Boston, Mass.: Harvard Business School Press. Schendel, D. Hitt, M. (2007). Strategy versus entrepreneurship. Strategic Entrepreneurship Journal, 1(1), 25-36. Schendel, D. Hofer, C. (1978). Strategic management: A new view of business policy and planning. Boston: Little Brown and Company. Smallbone, D. (2010). Entrepreneurship and public policy. Cheltenham, UK: Elgar Research Collection. This report on Strategic Entrepreneurship within the Current Market Dynamics was written and submitted by user Houston Hendricks to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.