Essay about A Good Business - 585 Words

A Good Business What the characteristics of a good business looks like? The basic element of a good business is derived from good management. It is true since business is run by individuals known as managers that perform specific business functions, such as manufacturing and production, finance and accounting, sales and marketing, and human resource departments. Identifying a good business is not an easy job; an understanding of Managerial Economics is needed because it provides some tools, techniques of analysis and Economic concepts to make good managerial decisions. The purpose of this paper is to identify some characteristics of a good business and list names of the companies having these certain characteristics. Most of†¦show more content†¦When a firm’s sales reach its peak, it works as a signal that new firms start to enter the markets and the firm’s sales and profit will start to decline. In this case, the role of management is very essential. The firm has to manage its expansion plan, such as launch new products and entrance a new market in order to compete with its competitors. The most common and useful measurement of a good business is by calculating its profit through return on stockholder’s equity (ROE). ROE shows how much return that stockholders have earned on the capital that have been invested by stockholders into a business. Net Income ROE = ________________ Stockholder’s Equity High rates of return on stockholder’s equity indicate a good business performance and also high growth rate of sales. Besides steady growth of sales and high rates of return on equity, a good business must also have strong brand equity. It is important for a firm to create an image of its products on buyer’s mind so that buyers become loyal to the firm’s brand. Strong brand equity also generates higher profit since consumers want to pay more because of the reputation that the product have; moreover, it works as a powerful defense against newShow MoreRelatedBusiness Analysis : Good Business Messages1512 Words   |  7 Pagesusinesses are very crucial to the economy. Good business messages are essential to keep the business relation in good health too. There are many types of business messages which a business can write to another daily with regards to business. It These can include messages on sales and purchases, products and services, confirmation or cancellation of orders, invoices, company announcements and notifications, employee related news such as promotions, awards, increments , bonus, appraisals, resignationRead MoreIs War Good For Business?2278 Words   |  10 PagesIs war good for business? War is a topic, at which there are many arguments for and against whether it can better a society, and as a whole benefit the economy. A war is the last route at which a country would choose to take when in a feud with other countries. There are various business sectors in which a war will have both negative and positive impact. To participate within a war the country needs military resources. This will have a direct impact on specific businesses mainly within theRead MoreWhat Makes A Business A Good Business? Essay3442 Words   |  14 Pagesworkplace and business outcomes are identified as the major themes of my current review. Social institutions, legal frameworks, and cultural norms were determined as the key pillars of sexual orientation discrimination in the workplace. 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But it is often seen as a personal trainer in places that do not understand that they are not responsible with that one myself, said Andrew Simmons, founder and managing director ofRead MoreDeveloping Good Business Sense791 Words   |  4 PagesDeveloping Good Business Sense 07/06/2014 BUS 210 The three establishments that I choose for this project were Burger King, Barnes amp; Noble, and McDonalds. I have paid close attention to how the employees performed their task. I will talk about the kinds of OMM costs companies have and how does this affect their OMM operations. Also, I will be talking about how these companies made their operating systems to give them an advantage over their competitors. The main goal of the operations managerRead MoreA Good Strategy Drives Business1538 Words   |  7 PagesA good strategy drives business. In some previous definition, the role of a strategist has been relevant to outsourced specialists and analytic number crunchers. Hence, the main responsibility of a leader is more likely to be a theory and principle, wh0ich is devised by MBAs and consultants. In the book The Strategist, the author Cynthia Montgomery plainly redefines strategy and teaching the leaders about being an effective strategist in an organization. Moreover, she also points out that the procedureRead MoreThe Content Of A Good Online Business824 Words   |  4 Pagesdon t provide fresh and interesting contents on a regular basis. You might have started blogging with good intentions, but as the time passes the weekly blogging and creating contents might turn slowly into a burden. Before you know, the task of planning a content and typing might seem to a mammoth task. The life blood and backbone of a good online business is regular good content flow. Also a good content is a timeless wonder. You might have caught yourself reading an article that might have publishedRead MoreDeveloping Good Business Sense1433 Words   |  6 PagesDeveloping Good Business Sense: Why Do Operating Systems Differ? Shawna Storm BUS/210 January 27, 2013 Justin Philipp Abstract This paper will identify the nature of three different company’s operating systems and explore how differently their employees are organized. I personally worked for these companies, therefore, I have an inside view of the way they operate. It will also define the main OMM (operations, materials, and management) costs of companies and how it

A Brief Note On Christians Were Persecuted, Tortured, And...

Alex Ingles 10/12/2016 Midterm Exam Essay 2 Christians were persecuted, tortured, and enslaved by rulers for many years and it was not considered a religion to be followed by anyone until Constatine became a ruler. Many kept their religious preferences a secret until the Sarcophagus of Janius Bassus was created. At this time Christianity had become very established, and even the the upper class were converting to Christianity. Romans were more interested in one god than in several. One such member of the elite group was Janius bassus. His sarcophagus probably shows us how much the Christian style of art influenced the art works produced at this time. During his life-time Janius grew up in the Roman Culture, but when he died his sarcophagus showed images of Jesus. His sarcophagus is a large tomb used to bury him and the fact that he changed to Christianity is shown in about ten niches of carvings that show scenes from the Old and New Testament. Many times during this period art does not show scenes of Christ or his disciples but this sarcophagus does by having Christian biblical stories fill the niches. Many of the parts of this piece are related to Roman art. For example, if one looked at Christ, his feet rest on a man’s head with Saints Peter and Paul. This could possibly mean that Christ is the authority figure or ruler. Other symbolic images on this piece include Christ entering Jerusalem as well as Marcus Aurelius entering the city. Both figures show theirShow MoreRelatedA World Lit Only by Fire Outline Essay8153 Words   |  33 PagesA World Lit Only by Fire by William Manchester Outline The Medieval Mind I. The Dark Ages A. The Years A.D. 400 to A.D. 1000 1. Referred to as the Dark Ages because knowledge and literacy vanished during this era. 2. Rulers during this age were illiterate and most found it trivial. a. Emperor Sigismund said, â€Å"Ego sum rex Romanus et super grammatica†Ã¢â‚¬â€as king of Rome, he was above grammar. B. Rome’s Fall in the Fifth Century 1. The Hsiung-nu (Huns) ravaged though EuropeRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesdemarcate historical epochs, the twentieth century does not appear to be a very coherent unit. The beginnings and ends of what we choose to call centuries are almost invariably years of little significance. But there is little agreement over when the twentieth century c.e. arrived, and there were several points both before the year 2000 (the collapse of the Soviet Union, the reunification of Germany, the surge of globalization from the mid-1990s) and afterward (9/11, or the global recession of 2008)

Macbeth Contextualize Analyze And Personalize Free Essays

He felt like maybe he shouldn’t have done what he did. Lastly, Machete’s psychological state is that he is feeling suspicious about how Duncan and Banquet are acting. Analyze- In this scene , something that is revealed is that Macbeth immediately realizes that the fulfillment of the prediction may require conspiracy and murder on his part. We will write a custom essay sample on Macbeth Contextualize Analyze And Personalize or any similar topic only for you Order Now One thing that Machete’s words in this scene mean to me is that things can be good but also be terribly bad at the same time. Also, life can be hard at times, but you have to push through it the best you can. You can’t let the bad things overtake the good in life. Think the most important words in this aside are when Macbeth says he is Thane of Castor. These are the most important words because even though some people may not want him to be king there isn’t anything they can do about it for it to change. Personalize- My reaction to these lines are that there is a lot of defense coming from Macbeth, like he is lining guilty or ashamed about being king. I feel like Macbeth is trying to get a point across to Banquet, that he knows Banquet wants to be king but he will never feel the joy that Macbeth feels. Banquet will never have the power of being king. The way would deal with the situation would most likely be the same way Macbeth did. He seemed very calm about it. He didn’t really get violent, he just stated that he was King, and there’s no way to change it. How to cite Macbeth Contextualize Analyze And Personalize, Papers

Evidence Based Nursing Research Practice

Question: Discuss about the Evidence Based Nursing Research Practice. Answer: Introduction: The position statement is on the topic of evidence based practice (EBP) which states that Evidence based practice (EBP) is the clinical decision making process which is based upon the best available evidence, new research findings, clinical experience and patient preferences. Nurses are expected to implement research findings into their practice, but many are not trained on how to do this. Therefore, it should not be expected that nurses are at the forefront of EBP implementation in the clinical setting. The position statement brings into focus the importance of evidence based practice in nursing. It has clearly introduced the topic by stating what evidence based practice means in nursing. Evidence based practice (EBP) is an approach to clinical practice and health issues that integrates best available evidence in making best health care decisions for patient (Grove et al., 2014). The author has precisely stated all the elements of evidence based practice in the introduction only by stating that it relies on new research findings, best available evidence, clinical experience and patients preference. Any health care professional access the research finding and current clinical guidelines related to their area of practice and then only apply the information on real world practice. Respecting patients value is also an important part of evidence based practice and the author has explicitly stated it by mentioning the word patients preference in the post. Clinical expertise is also an ess ential part of evidence based practice in which clinician utilize their cumulative experience, education on area of expertise and clinical skills to take best decision for patients for better health outcome. This whole concept was briefly stated in the post by the term clinical experience. After the introduction statement, the author has moved to stating that nurses are also expected to implement research finding in their practice. It also stated the problem that nurses are not aware of evidence based practice. However, one critical point that is missing is that the author has not emphasized on the National Competency Standard for Registered Nurse. The author has also not mentioned how evidence based practice can be implemented in health care organization and who should be involved in it. The author could have briefly stated the domain in which competency is required according to the National Competency Standard for registered nurse (Edmonds et al., 2016). The author could have mentioned the improvement in following domains to implement evidence based practice: Professional practice- It is related to demonstrating ethical and professional responsibility by demonstrating accountability in care and integrating best evidence literature in clinical practice Critical thinking and analysis- Critical thinking skills allows clinicians to reflect on their practice and experience and select appropriate resource related to individual patient situation. Coordination of care- Coordination of nursing care is also an important provision of nursing care. It includes assessment of patient, planning and evaluation of care. In relation to finding relevant evidence related to particular patient, the skill to appraise the research article and determining its usefulness in nursing practice is important. Collaborative and therapeutic practice- Therapeutic practice in the context of evidence based care will require a nurse to integrate that evidence in real patient situation (LoBiondo-Wood et al., 2013). The author has concluded by saying that nurses are not involved in implementation of evidence based care. This is in fact true. It is the role of health care organization or nursing leader to take the initiative to train staff on the importance of evidence based practice and implementing it in the organization. A short hint by the author on ways of implementation of evidence based practice in particular health organization would be an appropriate way to conclude the post. Individual position statement The call for evidence based quality improvement in the transformation of health care organization brings into the focus the issue of effective implementation of evidence based practice (EBP) in nursing facility. As the post analysis showed that the method of implementation of evidence based practice is missing in the post, the individual position statement is effective implementation of evidence based practice in health care clinic enhances the delivery of care. I feel working on this aspect is important because little attention has been paid on how to implement EBP in clinical setting. The report will explain the ways by which individual organization can redesign the system to implement EBP and practice according to National Competency Standard for Registered Nurse. It will also explain the issues faced in the implementation of this approach in nursing. It will help to identify patient safety issues and demonstrate a new way of practice that will lead to improvement in quality and p atient safety. Factors essential for evidence based practice A study by Stevens, (2013) has suggested that the critical impact of evidence-based practice across nursing practice. It emphasized the need for redesigning the system to launch an initiative to deliver evidence based practice. The factors essential for such initiative include the following: Practice adoption Alignment of nursing curricular and education Model and theory development Scientific engagement in new fields of research (Dogherty et al., 2013). The stress for EBP became evident after increased demand for safe and quality improvement in health care. For the effective implementation of EBP, the process of EBP should be adopted by individual care provider as well as policy makers too. A study on the level of adoption of EBP in nurses showed that nurses have the intention to learn about the skills related to EBP, but they face several barriers in employing it in real world practice (Aveyard Sharp, 2013).From my experience as a nurse, I also feel that integrating research in real practice is difficult as we struggle in interpreting research article. However, according to NMBA standard of nursing practice, it is critical that nurses think critically and analyses their practice. It states that engaging in therapeutic relationship is vital for nurses (Nursing and Midwifery Board of Australia - Professional standards, 2016). For comprehensive assessment of patients and delivering responsive quality nursing practice, it is important that we learn ways to integrate research in nursing practice. Thus a sophisticated implementation of EBP plan is necessary that addresses the barriers too. Barrier to implementing evidence based practice As harnessing evidence to improve nursing care is an important element of EBP, it is necessary to identify the problem that nurses and clinicians need to overcome to enjoy the benefits of best practice research. The following are the barriers and their proposed solution for implementing evidence based nursing: Nurses like me have faced problem in interpreting research finding due to the size and complexity of research data. Nursing clinic can overcome this problem by using service that synthesize information in a simple manner and present it to nurses. This will make it easier for nurses to implement the nursing care (Aveyard Sharp, 2013).According to NMBA standard of nursing practice, this practice will enable them to participate in quality improvement activities and review their practice by utilizing evidence relevant to specific area of nursing practice (Nursing and Midwifery Board of Australia - Professional standards, 2016). In case of development of policy related to evidence based nursing, policy makers may face problem in developing an accurate nursing guideline according to National Competency Standard for Registered Practice. Nursing leader or hospital executive can take action to use information system that integrates evidence with patient care. They can also take the initiative to encourage delivery of safe and effective care along with introduction of disease management system (O'Connell et al., 2014). Another problem that I have faced in my nursing practice is lack of access to best nursing research articles related to specific area of practice. The Australian Nursing and Midwifery Council states that nurse must show analytical skill in accessing research evidence and they should document information to use it while dealing with patients. They are also encouraged to enquire when any evidence/ research is not clear to them or when they feel their application is doubtful (Nursing and Midwifery Board of Australia, 2016). Many nurses may not be aware of nursing practice guidelines set by the Nursing and Midwifery Council. In such situation, it will be the responsibility of managers in the health care organization to arrange programmes that hones nurses skill to interpret research findings and also improve their performance (Abbott et al., 2013). Organization may also act as barrier because many health care clinic do not realized the importance of EBP and they do not have any regulation in place so that nurses follow the process. Even if such programme is implemented, they are not continued for a prolonged period to make the change sustainable. Nurses may also face problem even after learning the process of EBP when patients do not adhere to their nursing treatment or intervention (Polit Beck, 2013).As a nurse, I feel that we can take help from senior or colleagues and discuss regarding the implication and usefulness of research article. Effective implementation of EBP in nursing For effective implementation of EBP, nurses will require the following core competency Providing patient centered care by identifying patients preference and respecting their needs. Nurse must have effective communication skills to achieve this so that they understand the concern of patients and provide coordinated continued care. In case of situations when patients preference will lead to adverse health outcome in them, it is essential that they educate patient about the pathophysiology of the condition and the rational for proposed intervention (Hamric et al., 2013). The NMBA standard of nursing practice have also emphasized that nurses must clarify this situation of refusing care with other medical team and advocate for positive health outcome of patient despite all issues in practice (Nursing and Midwifery Board of Australia, 2016). Working in interdisciplinary team is also important to coordinate and integrate EBP in nursing care. The provision of coordinated care according to National Competency Standard for Registered Nurse has also stated that coordination involves assessment of patient and then planning care. It relies on using evidence based assessment framework to collect data on overall health of patient by techniques like observation, physical assessment and interview (Nursing and Midwifery Board of Australia, 2016). The National Competency Standard also recognizes the fact that clinical judgment is the key to resolving conflicts (Masters, 2015). Nurses should have the skill to integrate best evidence with nursing expertise and patient values to achieve optimum quality of care. Nursing staff should develop the competency to apply quality improvement measures by identifying hazards in any nursing intervention for particular patient. They can refer to best evidence on particular technique to simplify and standardize intervention design. They must have the attitude and seriousness to continue quality of care in all areas-such as the process and outcome in relation to patient needs (Billing et al., 2015). They should be able to utilize informatics, manage nursing knowledge related to nursing competency skill and mitigate errors by using information technology. After the above mentioned competency is achieved in nurse, they can proceed in the following ways for effective implementation of EBP in nursing cares: The first step is knowledge creation and filtering evidence based information. It will mean cultivating a spirit of inquiry. For example I will deal with patient with head injuries, I will try to critically reflect on how supine position or elevating head of bed affects intracranial pressure. Without this type of inquiry in nurses, the process of EBP cannot happen. The second effective step is asking clinical question in PICOT format. In this step, nurse can inquire about a topic based on population of interest (P), intervention (I), comparison of intervention (C), projected outcome (C) and time involved (T). It is an effective framework to retrieve research studies related to the nursing question. For example in case of rapid response from nursing staff, we can question how a rapid response team can have impact of patient outcome compared to staff not having a rapid response team? The third step is identifying the best evidence related to the question or nursing complication. This s tep becomes easier after utilizing PICOT format of framing question. I will also try to apply PICOT to aids in identifying the key words and then identifying related articles in databases like Medline or Cinahl. For the question on rapid response team, the key words can be rapid response team, acute emergency care and other similar terms. The next step would be to critically appraise the evidence. This step is essential to determine the most relevant article applicable to the clinical question (Stevens, 2013). The usefulness of an article can be evaluated by questions like are the result of research appropriate?, why are they important? and will the study finding help nurse to apply this for current patient situation? This step will be followed by integrating the information with nursing expertise and referring to patient preference and values too. Just finding the related nursing evidence is not the end of EBP process. It also requires clinical judgement based on patients diagnosti c outcome, patient assessment and patients preference. For example if there is strong evidence related to reduced signs of depression after cognitive therapy, nurse can decide on including this intervention in patient (Belnap, 2016). After application of evidence based practice in particular patients, the final step will be to evaluate the outcome based on relevant evidence. This step is crucial to monitor changes in outcome and decide whether positive or negative results have been found. In case of positive outcome, this intervention will be disseminated and in case of negative outcome, other remedy will be found out for the problem (Grol et al., 2013). Conclusion Thus, the position statement focused on the method of effective implementation of EBP in nursing practice. It stated the factors required for effective implementation of this approach and the way by which one can overcome the barrier in clinical practice. The stepwise process of implementing EBP in real nursing practice along with specific example helped in getting accurate idea for implementation such process. Therefore, the effort of both organization and nurse is required to integrate this new model in nursing care practice. Reference Abbott, P., Mc Sherry, R., Simmons, M. (Eds.). (2013).Evidence-informed nursing: A guide for clinical nurses. Routledge. Aveyard, H., Sharp, P. (2013).A Beginner's Guide to Evidence-based Practice in Health and Social Care. McGraw-Hill Education (UK). Belnap, J. (2016). Scratching the Surface: Using Informatics in Education.Journal of Doctoral Nursing Practice,9(1), 164-166. Billings, D. M., Halstead, J. A. (2015).Teaching in nursing: A guide for faculty. Elsevier Health Sciences. Dogherty, E. J., Harrison, M. B., Graham, I. D., Vandyk, A. D., Keeping Burke, L. (2013). Turning Knowledge Into Action at the Point of Care: The Collective Experience of Nurses Facilitating the Implementation of Evidence Based Practice.Worldviews on Evidence Based Nursing,10(3), 129-139. Edmonds, L., Cashin, A., Heartfield, M. (2016). Comparison of Australian specialty nurse standards with registered nurse standards.International nursing review. Grol, R., Wensing, M., Eccles, M., Davis, D. (Eds.). (2013).Improving patient care: the implementation of change in health care. John Wiley Sons. Grove, S. K., Burns, N., Gray, J. R. (2014).Understanding nursing research: Building an evidence-based practice. Elsevier Health Sciences. Hamric, A. B., Hanson, C. M., Tracy, M. F., O'Grady, E. T. (2013).Advanced practice nursing: An integrative approach. Elsevier Health Sciences. LoBiondo-Wood, G., Haber, J., Berry, C., Yost, J. (2013).Study Guide for Nursing Research: Methods and Critical Appraisal for Evidence-based Practice. Elsevier Health Sciences. Masters, K. (2015).Role development in professional nursing practice. Jones Bartlett Publishers. Nursing and Midwifery Board of Australia - (2016).Nursingmidwiferyboard.gov.au. Retrieved 15 September 2016, from https://www.nursingmidwiferyboard.gov.au/ Nursing and Midwifery Board of Australia - Professional standards. (2016).Nursingmidwiferyboard.gov.au. Retrieved 15 September 2016, from https://www.nursingmidwiferyboard.gov.au/Codes-Guidelines-Statements/Professional-standards.aspx O'Connell, J., Gardner, G., Coyer, F. (2014). Beyond competencies: using a capability framework in developing practice standards for advanced practice nursing.Journal of advanced nursing,70(12), 2728-2735. Polit, D. F., Beck, C. T. (2013).Essentials of nursing research: Appraising evidence for nursing practice. Lippincott Williams Wilkins. Stevens, K. (2013). The impact of evidence-based practice in nursing and the next big ideas.The Online Journal of Issues in Nursing,18(2).