Another immense strength for VSUW is the high percentage of revenue that is invested in programs to help the community. According to VSUW (2013) “less than 10 percent [of revenue] is spent on administrative costs with 90 percent invested in local programs and initiatives” to help those in need in the community. Weaknesses In preparing financial statements often times management has to make estimates on the numbers (Valley of the Sun United Way, 2013). This is a weakness because the “actual results could differ from the estimates” (Valley of the Sun United Way, 2013). Another weakness is that this non-profit “invests excess cash in investment grade marketable solutions” (Valley of the Sun United Way, 2013).
Hemp was used as early as 4500 B.C. in Asia to make rope and fishing nets (Roulac 27). Hemp has been used through out history in Europe, Asia, South America, Canada, and even in the U.S. the invention of the cotton gin was a leading factor in the decline of hemp. Cotton then became one of the most popular crops in the world. Hemp produced almost 3x the amount of fiber per acre than cotton did, but the cotton gin greatly reduced the labor cost of cotton.
The average person in America now consumes $6,567 in health care every year, the highest in the world. The country next closest for health care consumption is Switzerland, which spends $4,311 per person, 34% less than the United States. Japan only spends $2,529 per person, and has the highest life expectancy in the world, while the U.S. is ranked 36th. One justification for this disparity is that health care in the U.S is more expensive. Another comes from the Centers for Medicare and Medicaid Services that recently determined that one-third of all health care consumed in the U.S. is unnecessary.
The federal government is even mandating that it be implemented. There are many positives to an electronic medical record, some of which are decreased adverse drug reactions, increased legibility of physician orders leading to fewer transcription errors, greener for the environment and many more. There are also advantages from an outpatient side, in that, medication and follow-up appointment compliance, both increase. The downside is that it is costly to implement. According to the Organization for Economic Cooperation and Development, in 2005, the US trailed many other countries in this area and only 15-20 percent of physician’s offices and 20-25 percent of inpatient facilities utilized an EMR( electronic medical record), (Health Affairs, 2005).
EST1 Task 310.2.1-05: Ethical Situations in Business Western Governors University February 2, 2013 EST1 Task 310.2.1-05: Ethical Situations in Business Companies have four levels of social responsibility: 1) economic, 2) legal, 3) ethical, and 4) philanthropic. A company has to balance its duty to shareholders to make a profit with its contract with society to make socially responsible decisions. In order to increase profit, a company must understand the needs of the stakeholders and develop a coordinated plan which establishes standards within the company that can be understood and accepted by all employees; as well as supporting the needs of the community it serves. Company Q has supported the need to improve profit by closing two unprofitable stores. However, an analysis should be made regarding the need to close those stores.
WGU AFT2 RAFT2 (Accreditation Audit) MBA Graduate Programe – All 4 Tasks To Purchase Click The Link Below http://www.hwprofile.com/?p=94 For Any Information Contact Us At WHISPERHILLS@GMAIL.COM AFT2 Accreditation Audit Task 1 1. The purpose of this executive summary is to outline the current status of compliance of the organization for the priority focus area of communication, namely the standard UP.01.01.01 which is named the “Conduct a Pre-procedure Verification Process” as noted by the Joint Commission standards. A.2. The primary area of focus I chose to review was the communication aspect. I feel that communication is vital in any business, especially health care.
In comparison, the United States and Canada’s health care systems could not be more distinctly different. The advantage of the American healthcare is access for some people to the best care in the world but limited access for many to the most basic
Unit 36 Starting a Small Business Task M3 Implications= what happens if or have I assessed this In this task I am going to assess the implications of the legal and financial aspects that were mentioned in the business proposal and business plan. Food 4 Youth will be a partnership based business consistent of four partners. We decided to be a partnership organisation as it would be easier to establish and cheaper to start the business. To be in a partnership we benefit from sharing the ideas as well as responsibilities between us. The main legal and financial aspects that our business requires are •Public liability insurance •Health and Safety regulations •VAT on our service Public liability insurance is important for the business because it will pay out in the event that a mistake is made which causes an injury to a member of the public or customer, or which damages their property.
Financial Statements Paper ACC/280 YOUR NAME University of Phoenix INSTRUCTOR NAME DATE Financial Statements Paper Accounting provides an exceptional contribution to the success of any small or large company. More specifically, accounting assists company owners in their management decisions by providing valuable financial information. Financial accounting is regulated by rules and concepts recognized as “generally accepted accounting principles” (GAAP). The GAAP requires four financial statements which include: the balance sheet, income statement, statement of cash flow, and statement of owner's equity. In this paper, the purpose of accounting and the four financial statements and how they correlate with each other will be discussed.
As the US actually spends more money on or for use in the Health care than Canada, they only spent 10% of their GDP and the US spends 15.3%. We should take heed of the way Canada does things. They have a government who is willing to pick up the cost of medical care to the tune of 70% VS. here in the US to only 46%. Although there are many studies which are trying to keep up with ever changing factors in health care the three most noted are WHO, CRS and CPR. This may not be a large difference, but truth be told Canada is always ahead of the US in other ways just as infant mortality and life expectancy.