Corporate Governance and Ethical Responsibility Research Paper

Corporate Governance and Ethical Responsibility - Research Paper Example46 Wolper, 2004, pp. 164). base on their relationship to the organization, external stakeholders may be categorized as input providers, competitors, and special raise group (Wolper, 2004, pp. 161-163). Following the above definitions, three internal and external stakeholders that Dr. DoRight might have to deal fooling at the Universal Human Care Hospital are its doctors and nurses, its long-sufferings and the pharmaceutical companies. The doctors and nurses, being employees of the infirmary, bound by its VMG and policies are expected to provide satisfactory healthcare thus, they are considered internal stakeholders. The patients, being one of the hospitals input providers based on their come to to get proper medication at a reasonable rate, and the pharmaceutical companies, being one of the hospitals suppliers, which are expected to supply off the hook(predicate) and in effect(p) drugs and other medical pa raphernalia, are both considered external stakeholders. As the hired hospital chair tasked to supervise and monitor the hospitals 5,000 workforces to address the hospitals various stakeholders, Dr. DoRights craft of trueness to doctors and nurses is to ensure that they do their jobs responsibly. As such their illegal activities and negligence must be stopped, because mishap to do so would jeopardize the integrity of the hospital that would consequently harm the corporations interest. As defined in the American corporate law tradition, the duty of loyalty is the obligation to act in severe faith to advance the best interests of the corporation (Strine, Hamermesh, Balotti & Gorris, 2009, p. ii). In short, whatever Dr. DoRight does should be for the best interest of the hospital provided it does not violate the constitution and federal and universal laws (Palmiter, 2010). To hospital patients, Dr. DoRights duty of loyalty is to ensure that they get safe and sound healthcare. Such is in the best interest of the corporation, because by providing effective and safe healthcare, the hospital is not only(prenominal) living to its sworn VMG but could also increase patient patronage that could mean greater profit. To pharmaceutical companies, Dr. DoRights duty of loyalty is to act in good faith by transacting with these companies only as authorized by the hospitals Board of Directors and only in pursuit for the best interest of the hospital. For example, Dr. DoRight should not endorse pharmaceutical products that are not undeniable by the hospital, that are unsafe or overpriced even if his endorsement would earn him a extensive commission. Thus Dr. DoRight should put the interest of the hospital above his own personal interest. 2. Potential Conflicts of Interest in the midst of Internal and External Stakeholders Stakeholders interests may not always conform to each other, primarily due to the contrasting roles each play in the organization. Thus Dr. DoRight may confront an in-role conflict between his duties of loyalty to doctors and nurses and to patients in Universal Human Care Hospital. As the investigation of the illegal procedures and negligence of the hospitals doctors and nurses drags on for two years, patients remain untreated effectively causing their deaths. Dr. DoRight, knowing that both parties have fundamental pay offs the right of doctors and nurses to fair investigation and the rights of patients to safe and effective

The Perestroika Deception Research Paper Example | Topics and Well Written Essays - 3000 words

The Perestroika Deception - Research Paper ExampleIt is alike the worlds largest agricultural in terms of area, described to be nearly twice the size of the United States. 1 It has also the biggest nuclear arsenals in the world. The Chernobyl Nuclear Plant Accident in 1986 is just one of its nuclear plants.2 Its theme language is Russian. Slavs account for the majority of the population. 3 Russia is also one of those nations that had structural and ideological changes that affected the totally world. One of these radical changes is the what they call Perestroika from the derivative word Russian perestroika pere-, around, again (from Old Russian) + stroika, construction (from stroit, to retrace , from Old Russian stroiti , from stroji, order)3 . Comes with Perestroika is the word Glasnost which means openness. 4 In communist regimes crises are usually hidden from the outside world because of the absence of democratic processes and the suppression of internal opposition, popular political, social, and economic discontents squirrel away and threaten to develop into serious upheavals or revolts of the entire population against the system as a whole. 5 There are lots of questions and debates which remain unanswered about Perestroika. For example, the Perestroika Deception is like an opened pandoras box by Anatoliy Golitsyn who warns of an imminent threat from communist community which strategizes to bring all countries (communist and non-communist countries) into One-World Order of communism? or is it just a political structural policy to shape domestic issues? Did Russia actually profit from it or not? These are just some questions which this paper would like to try to gather and sit some answers. 1 Moscow-Rich in Russia- Facts & Stats, Oct. 2003. Frontline World. Available from http//www.pbs.org/frontlineworld/stories/moscow/facts.html 2 Russian History Timeline. History Timelines. database online, n.d. http//www.history-timelines.org.uk/places-timelin es/36-russian-history-timeline.htm 3 Perestroikas Root Word, American Heritage Dictionary, http//www.answers.com/topic/perestroika ( accessed April 01,2011) 4 Glasnost, Britannica Concise Encyclopedia, http//www.answers.com/topic/glasnost (accessed April, 03, 2011) 5 Anatoliy Golitsyn, New Lies For OldThe Communist Strategy of Deception and Disinformation http//www.spiritoftruth.org/newlies4old.pdf (accessed April 03, 2011) Thesis Statement The centerpiece of this paper is Perestroika. However, Perestroika is creation designateed from two points of view. The first point of view would come from the point of view of a Western dilettante as he perceives it from what Mikhail Gorbachev would like people to perceive. The second point of view is a radical twist from what it is being showcased to the world as revealed by a high KGB official and defector in the mortal of Anatoliy Golitsyn. He claims that Perestroika is a huge deception of the communist bloc and is just dowery of a bigg er grand strategy of the World Communist community intended to defeat existing countries with the ideologies of democracy. This paper seeks to present in a logical and chronological manner how events have build up from its roots up to how it was uncovered. This paper intends to present the following one is, to reveal the real issues about Perestroika as showcased to the world against its part of deception second, is to identify and

Family - its Changes and Values Essay Example | Topics and Well Written Essays - 1000 words

Family - its Changes and Values - Essay ExampleA soulfulness whitethorn embrace a nonher individuals difference, while some might totally turn their backs from their families or their families might turn outside from them because of dissimilarities. Discussion Individuals leave their own identities. No two persons have exactly the same behavior or desires. Even twins do have their differences, which can result in arguments. Yet these differences should not retard a family from organism a unity. As Goodman put it into context, We dont have to achieve to be accepted by our families. We just have to be. Our membership is not based on credentials on birth (4). Regardless of how much changes a person may have in a lifetime, he or she should be accepted by the family where he or she belongs. People or society may not agree as to what the person may become, yet the family should be there when a person needs them. Even the meanest person in this world is still loved by his or her family take down if he or she resents them. According to Senna, In death we argon each reduced to our essence the fondness we are when we are born. The trappings we hold on to our whole lives our race, our money, our sex, our age, and our politics become irrelevant (19). A person may have the most luxurious life in the physical world, yet he or she may be the poorest in spirit. Worldly possessions are immaterial to a person in his or her dying days. In the end, no person is spared from death. Though what the person has accomplished in life would often be just a memory forgotten in time, it is not valid as regards his or her family that has always loved this person unconditionally. One may change for the worst, yet there are still hoi polloi who give love and understanding to this individual even when he or she pretends not to need them. It is a sad reality that people often turn their back away from their families when they have achieved their goals, found happiness and contentment i n other beliefs, or when greed and envy have eaten them up from inside. Despite these changes, a mother and a father will always have a quadriceps in their hearts for their children who had the courage to stand up on their own and live the lives that they want. It is painful for parents when they consume their children go astray. The pain that they feel is not brought somewhat by disappoinment or hate. This feeling of pain is brought about by the affection and love that parents have for their children. No parent would want to see their children suffer or get hurt, and this is a valid statement not only as regards the parents-children relationship but also as regards grandparents-grandchildren or uncles/aunts-nephews/nieces relationships. However, as Senna states, the differences between us were real and alive, and they threatened to squelch our fragile alliance (16). The first step in accepting ones differences, especially in a family, is to discern the difference and make ame nds. It may not be an easy thing to make amends with people with whom one has differences, especially when it comes to the delicate topics like religious and political beliefs. One may be discriminated by the society due to his or her differences. However, the most painful circumstances would be when a person is being alienated by his or her own family. This is not to blame the families for the shortcomings or the outrageous actions of an individual. It is just an assay to trace why such events occurred. A part of accepting the difference is to know where and how it started within

The Market Education Assignment Example | Topics and Well Written Essays - 1500 words

The Market Education - Assignment ExampleThis essay stresses that the market plays a major role in ensuring that the force of read is equivalent to that of supply. In the case of museums, museum visits represent demand, while the bend of available museums and museum services represent the supply. In a market, there is the aspect of price mechanism, which involves an interaction amidst the buyers and sellers, in order to determine the market price. Nonetheless, the market price is determined by the supply and demand in the market. Therefore, when prices rise, the demand falls, and when the prices fall, the demand rises. On the other hand, the market equilibrium price is achieved when there is a balance between the force of supply and that of demand. In this case, there results a balance in payoff and consumption of goods and services. Prices in a market economy can act as an incentive to draw buyers to purchase more goods. This report makes a conclusion that a demographic demand pattern for museum visits generally depends on various aspects. First, the fount of museum determines the type of visitors visiting it. The season excessively influences the nature of visits and types of visitors. For instance, Art museums great power fork up many visitors, who ar older, while science centers efficacy receive visits from younger visitors. Furthermore, like imposture museums, historic sites and report museums might have older visitors. On the other hand, children museums are known to have the youngest visitors, as compared to art museums, history museums, and science centers.... Nonetheless, the entry fee to museums might be determined, depending on the direct of demand. Therefore, at peak periods, when there are many tourists and domestic visitors, museums give increase their entry fees. 3. Museum Visits and demographic Demand Pattern A demographic demand pattern for museum visits mainly depends on various aspects. First, the type of museum determines th e type of visitors visiting it. Additionally, the season withal influences the nature of visits and types of visitors. For instance, Art museums might have many visitors, who are older, while science centers might receive visits from younger visitors. Furthermore, like art museums, historic sites and history museums might have older visitors. On the other hand, children museums are known to have the youngest visitors, as compared to art museums, history museums, and science centers (Museum Audience Insight Web). 4. Shifts in Demand and Supply in Museum Visits Demand and supply with take care to museums is influenced by different factors. First, the national economy influences both the demand and supply of museum visits. During periods of recession, the amount of museum visits will flow considerably (American Alliance of Museums Web). This is because, the purchasing power of consumers decrease, thus their spending on leisure and culture also decreases. The second aspect is that of entry or admission fee to museums. When the entry fee is increased, the demand will go down, but when the entry fee is lowered, the demand will increase, thus more museum visits. It can also be argued that the interest of quite a little in their culture influences the demand in this market. The more interested people

World War 2 - War in the Pacific Essay Example | Topics and Well Written Essays - 1250 words

dry land War 2 - War in the Pacific - Essay Examplee Imperial expansion occurred from the time that the pudding stone was founded in 1868 until its ultimate dissolution as a declaration of its defeat and the conclusion of the mo World War.After the Meiji Restoration, the Nipponese empire began what would become a very long period of territorial expansion, belligerence, and colonialism indoors the theater of the Pacific. As with many empires, the expansions and quests for territory and resources were not merely limited to a small component part within the Pacific rather, when taken as a whole, the Japanese conquest which lasted up until the conclusion of the Second World War was something that spanned thousands of miles, ranged across peoples, culture, religions, and languages, and sought to bring a wide area of places under Japanese Imperial rule. Yet, as has been stated, this did not occur all at once. Instead, the territorial expansion under the Japanese Empire began as earl y as the First Sino-Japanese War (fought between 1894-1895). As one qualification expect, the origin of this war was not over Chinese or Japanese territory as much(prenominal) but rather over control of the buffer zone between the two powers the Korean peninsula. eternal sleep of power politics dictated that as soon as Chinese sent troops into Korea at the request of the Korean government as a means to quell an uprising that Japan responded by sending troops of its own. As a result of this war, Japan came to be in command of some the entirety of the Korean peninsula as well as the island of Taiwan ceded to Japan as a result of the Treaty of Shimonoseki. Such marked the first true foray into territorial acquisition that the Japanese Empire experienced.Following this acquisition, Japan participated in the Boxer rebellion by way of sending troops into split of Manchuria and other areas under the pretense of suppressing the rebellion. To the Empires credit, such an action was not t aken exclusively in total a full six European powers plus the United States also participated in

Business plan Essay Example | Topics and Well Written Essays - 1750 words - 3

Business plan - Essay Examplea hint bank in the United Kingdom which offers develop-up loans to the tune of 25000.00 for young self-employed people who intend to start a business. We have applied for the same and are eligible for the loan. We shall be using these funds for sign start-up expense as well as carrying out day-to-day expenses. This loan will be for the purport of 1 year after which we intend to request the bank for an overdraft facility1 (HSBC.co.uk, 2013)I like to believe that Ive reached a stage where I cant let ANYTHING outside my own self accountable for my negative states. Nothing in the external environment is 100% negative. Every situation, however bad, has its lessons n gifts. Its up to me to make use of any circumstance in a beneficial guidanceWe are under negotiations for the purchase of a commercial airplane propeller located at 12, Regent Street, Leeds, LS6 (RIGHTMOVE.co.uk, 2013). This shoes will cost us 4,50,000. We intend to carry out further ren ovation and interiors to the tune of 2,50,000. The property is located is front-facing to the main road leading to Headingley Stadium and has immense potential for a restaurant business. mark the building is classified under class A3 category which involves use of sale of food or throw for consumption on the premises (UK Statutory Instrument 1987 No. 764, Town & Country Planning nine 1987).Agustos is planned to be a casual restaurant-cum-lounge targeting the varied class of people staying in Leeds. Leeds also happens to be a student city From our research we found that people aged between 17 to 25 visits a restaurant every weekend. One of our main objectives is to provide nutritiously high-value meal at a comparatively low cost.Marketing Budget We intend to allocate about 2 % of the start-up cost for the purpose of marketing. We mostly intend to depend on word-of-mouth publicity. We will be spending most of our budget on print media and discount coupons.We intend to do our adver tising in the

THE LABOR MARKET Essay Example | Topics and Well Written Essays - 1000 words

THE moil MARKET - Essay ExampleNo individual mansion can influence the wages of labor, and uncomplete can labor unions, whose primary role is to fight for better work conditions and better pay for its members.In the short-run, the curve for labor demand is not flexible and is steep because, in a short time, firms do not get the adequate opportunity to respond to rapid changes in the grocery store (Flinn, 2010). But in the long-run, this curve is flexible and flat since firms can adjust their schedules and processes to meet market changes. In a agonistical market, a company pass on only hire some workers whose marginal benefit in productiveness is the same as the marginal constitute of labor. The company will only employ the amount of employees it will be able to afford at the wage rate set by the market.When a firm uses cheaper substitutes of labor, like machines, the demand for labor will decrease. If these tools be readily available, more efficient than manual labor, and t he cost of employing labor substitutes is less than the marginal cost of labor, firms will demand less of labor. Availability of labor alternatives is macrocosm enhanced by rapid changes in technology, which produces equipment and machinery that can easily replace human labor. Another cistron that would lead to a decrease in the demand for labor is a change in the number of firms in a particular industry. When there are numerous barriers to entry into an industry, the firms there will be few, and demand for labor will not append when all other factors are held constant. Where there are few or no barriers to entry, an industry becomes very competitive so that firms can easily come out and trade. An increase in firms increases the demand for labor since human capital is needed to run these new companies.If the market price of the product or service a company produces increases, the demand for labor will increase in the short-run and reduce in the long-run. When the prices rise, sa les will yield