Finance - Rivington Hospital Essay Example | Topics and Well Written Essays - 1500 words

Finance - Rivington Hospital - Essay Example ..6 Heating and Power Costs†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 Introduction The performance of any department can be evaluated in a number of ways, among which the fulfilment of budgets is considered vital. This report focuses on evaluating the performance of the laundry department based on revised budget estimates. The report begins by examining the effects of the existin g budget on the behaviour of the laundry supervisor. After this, it outlines the different criteria for the investigation of variances, including a redrafting of the memo and revision of the existing budget, before reaching conclusions. a) Effects on the Behaviour of the Laundry Supervisor There may be various effects on the behaviour of the laundry supervisor because of the imposition of the budget. The existing budget has several negative elements that could lead to the laundry supervisor reacting and behaving in an irrational manner. ... The second negative effect on the supervisor’s productivity is that the budget was prepared as if to pressurise her, rather than to motivate her, because despite the increasing volume and turnover of the hospital the budget was set in a rigid manner using the old budgeted activity levels. It is also important to note that the quality of the laundry department’s performance may be hampered from now on, as the supervisor might try to achieve the budget targets irrespective of whether quality is assured or not. Misrepresentation could also become a problem, as if her only objective is to meet the targets set out in the budget, she may attempt to fulfil them by adopting negative tactics. There are costs involved that will definitely increase because of growth in the activity level, which means the laundry supervisor will not have any control over them. Therefore, this could ultimately lead her to deploy negative tactics in the form of misrepresentation, falsification and po or quality control measures. b) Criteria for Investigation of Variances The criteria for evaluating whether variances ought to be investigated or not should be based upon the nature of the costs incurred by the different departments. The basic criterion is to divide them into controllable and uncontrollable costs. The controllable costs should be aligned with the actual activity level of the department, as they change according to variation in the activity level; therefore, they should be investigated if there is a significant amount of variation. In this way, Rivington Hospital has the choice of whether to use the absolute or relative method to investigate the negative variances. The other types of costs are uncontrollable costs, and are incurred

Bob Gonzalezs Life and Death of Marilyn Monroe, John Everett Millais Trust Me and William Powell Friths For Better of For Worse :: Compare Contrast

Bob Gonzalez's Life and Death of Marilyn Monroe, John Everett Millais' Trust Me and William Powell Frith's For Better of For Worse Art may be considered the reflection of one's emotions or an outlet of one’s creative thought. A person can display art, not only through music or dance, but also through the creativity of a play or drama. Bob Gonzalez's Life and Death of Marilyn Monroe is a great example of creatively organizing the inner thoughts of Monroe through the theatre. He went past Monroe's glamorous facade and showed the "behind the scenes" lifestyle. In addition to dramas and plays, art may also be expressed on the canvas. John Everett Millais (1829- 1896), president of Royal Academy, did well in demonstrating his creativity with oil paints. One of his recognized works is Trust Me. Being named the most illustrious member of the Pre-Raphaelite Brotherhood, Millais is a well-known Victorian Artist. William Powell Frith, too, was a renowned Victorian artist. For Better of For Worse was an oil painting with a double meaning. First, one could refer the title to the marriage vows. But as one further analyzes the piece, one notices that For Better or For Worse can also refer to the gap between the upper and lower classes. All in all, the artists in each of these cases had a story to tell using certain tools to show emotion. William Powell Frith (1819- 1909), like many before him, used the tricks of the trade to simulate a certain feel in For Better or For Worse. Wardrobe and the compositional unity are tools he used to make this painting tell its story and setting. Frith, first, chose a wardrobe worthy of the Victorian Era. All the men were dressed in classic suits, either black or navy blue with a white shirt. The women, too, were covered in the time-conventional, puffy dresses. But the women’s dresses came in assorted colors, unlike the men. Hence, the wardrobe matched the aristocratic, social norm of the time. A model of the lower class’ wardrobe matched the times stereotype. For example, the father, seemingly decrepit and tired, was in a ruined suit with holes in the pants and patches on the sleeves. His wife’s dress could not compare to the wonderful dresses of the upper class women.

Individual Assignment Owners

When the organization issues the inventory to its traders, it gets certain financial commitment as their uncial commitment, and this is known as the paid-in-capital. This type of economic commitment is not produced from the functions of the organization but it is the unwanted over the par equity of the inventory which the traders are willing to pay for the inventory they get from the company. Thus it is the amount compensated in on the financial commitment inventory by the inventory owners to the organization.It therefore symbolizes the Investors investment strategies, while the gained financial commitment Is the financial commitment which Is gathered from the earnings of the organization. Hence It Is very essential for the organization to divided these two types of economic commitment to ensure the traders about the functions of the organization and Its success. It is the undistributed earnings which continues to be with the company (Skies, Wastage, & Warfield, 2007).Paid-in or Earn ed Capital An investors decision to spend money on any company/firm relies on the ability of the company to produce ongoing earnings circulation and success, the policy about the results and the growth plans of the company. The gained financial commitment is produced from the functions of the organization and it is used to pay up the benefits with regards to both cash and inventory. It also shows the success of the organization gaining further financial commitment on the part of the traders.While the paid-in financial commitment Is only the unwanted over the par equity which continues to be set not causing the benefits due to the traders. Hence the gained financial commitment Is more essential to the trader than the paid-in-capital (Scott, 2003). Basic or Watered down Income per Share Earnings per discuss of the typical inventory are known as Primary earnings. They are owners by heavy average variety of stocks which are excellent at enough time (Skies, Wastage, & Warfield, 2007).Dil uted earnings per discuss are reports displaying the variety of stocks staying the discuss, should get, recommended inventory and sports convertible ties are worked out. The diluted earnings per discuss take the standard earnings higher by one step. The variety of stocks could improve at any example cause of the convertibility of some or all the investment strategies, decreasing the business's earnings which the individual discuss is eligible. This increases the rate between the cost and the earnings making the inventory appear more expensive.It is a typical practice that the organizations problem sports convertible recommended stocks, sports convertible ties or should get and the owners of these equipment enjoy the right of convertibility of their recommended inventory or ties into stocks of the typical inventory at a set cost and they can purchase the inventory at a mentioned cost. The diluted PEPS are gained by the benefiting organizations only while the organizations which have failures, review only basic PEPS, as the dilutes investment strategies would only review an improve on the gloomy that is the net failures revealed would improve.The equity of diluted PEPS is always reduced than basic equity and is more appropriate in financial commitment choices, since it indicates somewhat of a worst-case situation. An trader would certainly choose the diluted earnings to the standard earnings, as the former symbolizes the performance assortment, which is used for the statistic of the quality of the business's earnings per discuss (PEPS).

Hong Kong Health Care System - 3758 Words

Current Situation This report offers an evaluation of Hong Kongs health care system. In this section, three important strengths and four fundamental weaknesses are highlighted. Strengths Hong Kong has a relatively equitable health care system. Every resident has equal access to essential health care. The financial burden of health services is financed in an equitable manner, and health services are reasonably equally distributed by geographical region. Establishment of the HA brought steady improvement in certain aspects of quality and efficiency of services provided by public hospitals. The health care system is relatively cost effective. Hong Kongs health care system is relatively cost effective when compared to†¦show more content†¦Also the political feasibility of the status quo makes this option attractive. Implications for meeting objectives and for major stakeholders: The current health care system of HK suffers from several serious weaknesses, and it could get worse in the future if no changes are made. Maintaining the status quo will not meet the future objectives of managing the government budget for health care or targeting funds for those who cannot afford to pay themselves. Also, primary care and prevention services are becoming increasing important these days, and the current system does not address these areas very well. Doing nothing to change the system will forfeit the opportunity to overcome compartmentalization, improve quality and efficiency, meet the future needs of Hong Kong population, and manage overall health expenditure inflation. Under this option, the government treasury would be directly affected, since the rising demand for health care will necessitate increasing government funds for public health facilities. According to our projections, by 2016 public expenditures on health under the status quo may represent 3.4 to 4.0% of GDP and absorb almost 20% of total public expenditures. It may seem that other major stakeholders will remain unaffected; in the long run, however, the general public could be adversely affected. As the government spending for health care increases, less fund will be available for other important areas such as education orShow MoreRelatedComparing Hong Kong and United States Heath Care Systems1192 Words   |  5 Pageslt;Instructorgt; Comparing Hong Kong and United States Heath Care Systems The United States is currently in the process of a health care reform which will change the current private sector health care program into a universal healthcare system. A great example of a universal healthcare program is Hong Kong. There are other countries that have changed from a private to a public health care system, but Hong Kong has shown that they have done it best. When comparing Hong Kong’s healthcare system to the UnitedRead MoreHow Hong Kong is Dealing with the Aging1094 Words   |  5 Pageslife expectancy of Hong Kong people is being longer and birth rate is decreasing. Therefore, Hong Kong have already started kinds of policies and projects which are focusing on how to face the changes. The following contents are related with the concept the age-friendly and focus with the situation in Hong Kong. The essay is aimed at analyze with the features and barriers of age-friendly, as well as the suggestion for improvement. Define age-friendly According to World health organization (2007)Read MoreIntersection of Law and Ethics in Hong Kong1578 Words   |  7 Pagesrecent action taken by the Hong Kong Government to suspend new bookings of obstetric service from non-local pregnant women in public hospital, especially to those mainland women, in order to protect right of Hong Kong women. The sudden cut affects a group of mainland women with spouse as Hong Kong permanent residents and they complain the injustice phenomenon, that arise ethical dilemma to discuss which is the aim of this paper. Background The Hospital Authority in Hong Kong announced on 8 AprilRead MoreThe Various Market Expansion Systems of DKSH Hong Kong1208 Words   |  5 PagesDKSH Hong Kong Introduction For many, Hong Kong is considered to be a market that is at a crossroads for Asian consumers. To reach out to various customers, there has been a focus on utilizing specific tools that will determine the total amounts satisfaction. One of the premier organizations that are involved in these activities is DKSH Hong Kong. They are helping firms to identify and take advantage of new opportunities inside China. This occurs through different programs that they are offeringRead MoreMargaret Chans International Public Health Employees Provide Global Services605 Words   |  3 PagesInternational Public Health employees are an integral part of the health system throughout the globe. These workers play a large role in helping systems become more culturally appropriate and relevant to the idea of the health problems that not only states in the US face, but all over the world. Public health workers main goal is to identify the particular health care needs of individuals in a community or targ et area. There are many important people within the field of public health, however, very fewRead MoreAging Population and Government Intervention814 Words   |  3 PagesPart A: Rationale and Theoretical Review i) Background and formation of the issue According to the UN World Health Organization definition of aging over 65 years as elderly, when the population of a region or country, the ratio of the elderly more than 7%, referred to as aging society. ii) Give evidence to illustrate the influence of the global issue ïÆ'Ëœ The world’s population is ageing rapidly. Between 2000 and 2050, the proportion of the worlds older adults is estimated to double from aboutRead More Hong Kong Import Export Practices Essay examples1223 Words   |  5 Pages Export and Import Practices Hong Kongs cosmetic and toiletries market had an estimated value of $787 million in 2002. With little domestic production of cosmetics and toiletries, Hong Kong relies on imports from China, Japan, the United States, France, Singapore, Malaysia, and Taiwan. Industry sources expect import growth to continue in the coming years despite the economic slowdown in Hong Kong. The constant demand from mainland Chinese tourists will also drive the growth of imported cosmeticsRead MoreCulture And The Meaning Of A Good Old Age1532 Words   |  7 PagesBudhnarine 2014 â€Æ' Everyone must grow old one day. When that time comes and we are no longer able to care for ourselves, what will become of us? Will the future be good or bad to us in our old age? Does having a â€Å"good old age† depend on our culture and what part of the world we live in? In a study done by Project AGE, which was conducted between 1982 and 1988 in Africa, North America, Hong Kong, and Ireland. The reason for this project was to collect data on how different communities experienceRead MoreDomestic Robot1144 Words   |  5 PagesDomestic robots play an indispensable role in our future lives Introduction This essay aims at discussing domestic robots that may change the lives of Hong Kong people within the next 50 years by looking at possible future applications of science. In the bygone day, robots were used in industrial field and mostly not related to people. People rarely think that they would interact with robots. Nowadays, robots are covered in different fields, such as domestic. Domestic robot is a robot used forRead MoreTransnational Issues : Hong Kong And China1186 Words   |  5 PagesTransnational Paper: Hong Kong and China Transnational issues are conflicts that typically go beyond national boundaries. For the conflict between Hong Kong and China, this is not the case because Hong Kong is a part of China that is ruled under the â€Å"one country, two systems† principle, where certain distinct regions like Hong Kong and Macau would keep their own capitalist political and economic systems while still being a part of China. It is important to note, however, that Hong Kong and Macau were