Opposition to Federal Civil Rights Legislation Discussion
Explain how Goldwater justified opposition to federal civil rights legislation in Chapter 4. Then explain Goldwater’s thoughts on education in Chapter 9. After addressing these two chapters, explain how his two positions in these chapters are consistent with Goldwater’s states’ rights principled conservatism (Chapter 3, though you can also use Chapters 1 and 2, as well). Answer using the relevant text as evidence. Do not use outside sources or contemporary examples. Doing either or both will result in a low score, if not a 0.
ECO 61071 CU The Next Global Recession Discussion
Question :Name one economic issue that you have heard discussed by your friends, coworkers, or on the news that you wish you understood better Research this issue. Find three explanations explaining this issue. One should be a video or popular press article, but TWO must be journal articles from ECONOMIC JOURNALS. In 500 750 words, summarize your findings on this issue.
Business capital | Business & Finance homework help
When it comes to investing business capital, a financial manager would want to know whether that investment is a good one. The capital budgeting techniques reviewed this week provide the financial manager with tools to make good investment decisions.
Imagine that you are a financial manager for a medium-sized company
Describe how you would use capital budgeting techniques to determine whether a business investment is a good idea.
Give an example of a business investment venture and how you would use capital budgeting to ensure it is a good investment
minimum 300 words
Week 2 assignment: parallel programming jan 8
Question 1 How does parallel processing work in computer architecture?
Question 2 What does Amdahl’s law state? What is Amdahl’s law and why it is used?
Question 3 What are the applications of parallel processing in computer architecture?
Question 4 What are the challenges in parallel processing in computer architecture?
Question 5 Identify reasons for and consequences of the recent switch from sequential processing to parallel processing among hardware manufacturers.
Review a paper | Business & Finance homework help
review paper on business plan organize your peer review as showen below
1. What part(s) of the paper are the most effective?
2. What part(s) of the paper are the least effective?
3. What is the big idea?
4. List the major points of support that demonstrate the paper is evidence-based.
5. Which sentences or paragraphs seem out of order, incompletely explained or otherwise in need of revision?
6. Where are citations needed?
Finance/math questions | Business & Finance homework help
66) Northwest Industries is considering a project with the following cash flows:Initial Outlay = $2,800,000After-tax operating cash flows for years 1-4 = $850,000 per yearAdditional after-tax terminal cash flow at end of Year 4 = $125,000Compute the net present value of this project if the companys discount rate is 14%. a. $239,209 b. $725,000 c. -$138,561 d. -$249,335 67) Compute the payback period for a project with the following cash flows re ceived uniformly within each year:Initial Outlay = $100Cash Flows: Year 1 = $40Year 2 = $50Year 3 = $60 a. 2.17 yearsb. 3 years c. 4 years d. 3.17 years 18Final ExaminationIntroduction to Financial Management68) What is the net present values assumption about how cash flows are re-invested? a. They are reinvested at the IRR. b. They are reinvested only at the end of the project. c. They are reinvested at the APR. d. They are reinvested at the firms discount rate. 69) Your firm is considering an investment that will cost $750,000 today. Theinvestment will produce cash flows of $250,000 in year 1, $300,000 in years 2 through 4, and $100,000 in year 5. The discount rate that your firm uses for projects of this type is 13.25%. What is the investments profitabilityindex? a. 1.4 b. 1.6 c. 1.2 d. .2 70) If the NPV (Net Present Value) of a project with multiple sign reversals ispositive, then the projects required rate of return ________ its calculated IRR (Internal Rate of Return). a. must be greater than b. could be greater or less than c. must be less than d. Cannot be determined without actual cash flows. 71) Determine the five-year equivalent annual annuity of the following project ifthe appropriate discount rate is 16%:Initial Outflow = $150,000Cash Flow Year 1 = $40,000Cash Flow Year 2 = $90,000Cash Flow Year 3 = $60,000Cash Flow Year 4 = $0Cash Flow Year 5 = $80,000 a. $8,520 b. $7,058c. $9,872 d. $9,454 Final Examination19Introduction to Financial Management72) Your company is considering the replacement of an old delivery van with anew one that is more efficient. The old van cost $30,000 when it waspurchased 5 years ago. The old van is being depreciated using the simplified straight-line method over a useful life of 10 years. The old van could besold today for $5,000. The new van has an invoice price of $75,000, and itwill cost $5,000 to modify the van to carry the companys products. Costsavings from use of the new van are expected to be $22,000 per year for5 years, at which time the van will be sold for its estimated salvage value of $15,000. The new van will be depreciated using the simplified straightline method over its 5-year useful life. The companys tax rate is 35%. Working capital is expected to increase by $3,000 at the inception of the project,but this amount will be recaptured at the end of year five. What is the incremental free cash flow for year one? a. $22,250 b. $18,850 c. $21,305 d. $19,900 73) The recapture of net working capital at the end of a project will a. increase terminal year free cash flow by the change in net working capitaltimes the corporate tax rate. b. increase terminal year free cash flow. c. decrease terminal year free cash flow by the change in net working capitaltimes the corporate tax rate. d. have no effect on the terminal year free cash flow because the net workingcapital change has already been included in a prior year. 74) A new machine can be purchased for $1,000,000. It will cost $65,000 to ship and $35,000 to modify the machine. A $30,000 recently completedfeasibility study indicated that the firm can employ an existing factory ownedby the firm, which would have otherwise been sold for $150,000. The firmwill borrow $750,000 to finance the acquisition. Total interest expense for5-years is expected to approximate $250,000. What is the investment cost of the machine for capital budgeting purposes? a. $2,030,000 b. $1,530,000 c. $1,100,000 d. $1,250,000 e. $1,280,000 20Final ExaminationIntroduction to Financial Management75) PDF Corp. needs to replace an old lathe with a new, more efficient model. The old lathe was purchased for $50,000 nine years ago and has a current book value of $5,000. (The old machine is being depreciated on a straightline basis over a ten-year useful life.) The new lathe costs $100,000. It willcost the company $10,000 to get the new lathe to the factory and get it installed. The old machine will be sold as scrap metal for $2,000. The new machine is also being depreciated on a straight-line basis over ten years. Sales are expected to increase by $8,000 per year while operating expenses are expected to decrease by $12,000 per year. PDFs marginal tax rate is40%. Additional working capital of $3,000 is required to maintain the newmachine and higher sales level. The new lathe is expected to be sold for $5,000 at the end of the projects ten-year life. What is the projects terminalcash flow? a. $8,000 b. $6,000 c. $5,000 d. $3,000 76) Advantages of using simulation include: a. a range of possible outcomes presented. b. is good only for single period investments since discounting is not possible. c. adjustment for risk in the resulting distribution of net present values. d. graphically displays all possible outcomes of the investment. 77) A company has preferred stock that can be sold for $28 per share. The preferred stock pays an annual dividend of 5% based on a par value of $100.Flotation costs associated with the sale of preferred stock equal $1.50 pershare. The companys marginal tax rate is 35%. Therefore, the cost of preferred stock is: a. 18.87% b. 17.86% c. 11.61% d. 12.26% 78) Which of the following differentiates the cost of retained earnings from thecost of newly-issued common stock? a. The flotation costs incurred when issuing new securities. b. The greater marginal tax rate faced by the now-larger firm. c. The larger dividends paid to the new common stockholders. d. The cost of the pre-emptive rights held by existing shareholders.Final Examination21Introduction to Financial Management79) General Bills will issue preferred stock to finance a new artillery line. Thefirms existing preferred stock pays a dividend of $4.00 per share and is selling for $40 per share. Investment bankers have advised General Bill thatflotation costs on the new preferred issue would be 5% of the selling price.The Generals marginal tax rate is 30%. What is the relevant cost of newpreferred stock? a. 15.00% b. 7.37% c. 10.00% d. 10.53% e. 7.00%
Case 5 | Marketing homework help
case study eBay
Questions 1. Why has eBay succeeded as an online auction marketplace while so many others have failed?
2. Evaluate eBays fee structure. Is it optimal or could it be improved? Why? How?
3. Whats next for eBay? How does it continue to grow when it needs both buyers and sellers? Where will this growth come from?
Your APA formatted Case Study should be a minimum of 500 words (not including the title and references pages). You are required to use a minimum of three peer-reviewed, academic sources that are no more than five years old (one of which may be your textbook). All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations
In 1995, Pierre Omidayar, a French-Iranian immigrant, wrote the code for an auction Web site where everyone would have equal access to a single global marketplace. Omidayar couldnt believe it when a collector bought the first item, a broken laser pointer, for $14.83.* Soon the site grew into a broader auction site where consumers could auction collectibles such as baseball cards and Barbie dolls. The momentum continued when individuals and small businesses discovered that eBay was an efficient way to reach new consumers and other businesses. Large companies began using eBay as a means of selling their bulk lots of unsold inventory. Today, people can buy and sell virtually any product or service, on the worlds largest online marketplace. From appliances and computers to cars and real estate, sellers can list anything as long as it is not illegal or violates eBays rules and policies. eBays success truly created a pricing revolution by allowing buyers to determine what they would pay for an item; the result pleases both sides because customers gain control and receive the best possible price while sellers make good margins due to the sites efficiency and wide reach. For years, buyers and sellers used eBay as an informal guide to market value. Even a company with a new-product design that wanted to know the going price for anything from a copier to a new DVD player checked on eBay. eBay has evolved to also offer a fixed-price buy it now option to those who dont want to wait for an auction and are willing to pay the sellers price. Sellers can also use the fixed price format with a best offer option that allows the seller to counteroffer, reject, or accept an offer. The impact of eBays global reach is significant. In 2009, over $60 billion worth of goods was sold on eBaythats almost $2,000 worth every second. The site has 405 million registered and 90 million active users and receives 81 million unique visitors a month. More than 1 million members make their living from the site. Yet eBay itself doesnt buy any inventory or own the products on its site. It earns its money by collecting fees: an insertion fee for each listing plus a final-value fee based on the auction or fixed price. For example, if an item sells for $60.00, the seller pays 8.75 percent on the first $25.00 ($2.19) plus 3.5 percent on the remaining $35.00 ($1.23). Therefore, the final-value fee for the sale is $3.42. This pricing structure was developed to attract high-volume sellers and deter those who list only a few low-priced items. With eBays expansion into a wide range of other categoriesfrom boats and cars and travel and tickets to health and beauty and home and gardencollectibles now make up only a small percentage of eBay sales. eBays business model is based on connecting individuals who otherwise would not be connected. It was the first example of online social networking, years before Twitter and Facebook existed, and consumer trust is a key element of its success. While skeptics initially questioned whether consumers would buy products from strangers, Omidayar believed people are innately good, and eBays originators did two things well: they worked hard to make their Web site a community, and they developed tools to help reinforce trust between strangers. The company tracks and publishes the reputations of both buyers and sellers on the basis of feedback from each transaction. eBay extended its feedback service in 2007 by adding four different seller categories: items as described, communication, shipping time, and shipping and handling rate. The ratings are anonymous but visible to other buyers. Sellers with the highest rankings appear at the top of search results. eBays millions of passionate users also have a voice in all major decisions the company makes through its Voice of the Customer program. Every few months, eBay brings in as many as a dozen sellers and buyers and asks them questions about how they work and what else eBay needs to do. At least twice a week the company holds hour-long teleconferences to poll users on almost every new feature or policy. The result is that users (eBays customers) feel like owners, and they have taken the initiative to expand the company into ever-new territory. *Some falsely believe that eBay was created to help Omidayars girlfriend find and collect Pez candy dispensers. That story, however, was created by an employee to help generate initial interest in the company. eBay continues to expand its capabilities to build its community and connect people around the world by adding services, partnerships, and investments. The company acquired PayPal, an online payment service, in 2002 after eBay members made it clear that PayPal was the preferred method of payment. The acquisition lowered currency and language barriers and allowed merchants to easily sell products around the world. eBay also acquired Skype Internet voice and video communication service in 2005, which allowed buyers and sellers to communicate over voice or video free and generated additional ad revenue for eBay. However, in 2009 eBay sold a majority stake in Skype to focus more on its e-commerce and payments businesses, leading the company to acquire Shopping.com, StubHub, Bill Me Later, and others. eBay now has a presence in 39 markets around the world. Although eBay was a darling in the dot-com boom and has achieved tremendous success since then, it is not without challenges. These include a worldwide recession, increased competition from Google, and difficulties as it expands globally into tough markets such as China. Its CEO, Meg Whitman, retired in 2008 after leading the company for 10 years and was replaced by John Donahue. Under its new leadership, the company continues to focus on one of its founding beliefs: a strong commitment to and investment in technologies that help people connect. Recent efforts to adopt mobile applications, integrate with iPhones, and become more green have helped take the company to the top of such lists such as Newsweeks Greenest Companies in America and Fortunes 100 Best Companies to Work For in back-to-back years.
Crj 331 case study 5: stephen collins
Case Study 5: Stephen Collins
Criteria
Unacceptable
Below 60% F
Meets Minimum Expectations
60-69% D
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
1. Determine whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Next, discuss the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Provide a rationale to support your position.
Weight: 30%
Did not submit or incompletely determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text).
Did not submit or incompletely discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Did not submit or incompletely provided a rationale for your response.
Insufficiently determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Insufficiently discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Insufficiently provided a rationale for your response.
Partially determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Partially discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Partially provided a rationale for your response.
Satisfactorily determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Satisfactorily discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Satisfactorily provided a rationale for your response.
Thoroughly determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Thoroughly discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Thoroughly provided a rationale for your response.
2. Review the roles of the forensic psychologist as outlined in chapter 12 of your text. Next, select one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Ascertain the importance of the role that you selected and suggest the main actions that the forensic psychologist must take in order to play the role that you selected.
Weight: 30%
Did not submit or incompletely reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text. Did not submit or incompletely selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Did not submit or incompletely ascertained the importance of the role that you selected and did not submit or incompletely suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
Insufficiently reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text.roles of the forensic psychologist as outlined in chapter 12 of your text. Insufficiently selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Insufficiently ascertained the importance of the role that you selected and insufficiently suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
Partially reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text. Partially selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Partially ascertained the importance of the role that you selected and partially suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
Satisfactorily reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text. Satisfactorily selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Satisfactorily ascertained the importance of the role that you selected and satisfactorily suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
Thoroughly reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text. Thoroughly selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Thoroughly ascertained the importance of the role that you selected and thoroughly suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
3. Discuss one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Provide a rationale for your response.
Weight: 25%
Did not submit or incompletely discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Did not submit or incompletely provided a rationale for your response.
Insufficiently discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Insufficiently provided a rationale for your response.
Partially discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Partially provided a rationale for your response.
Satisfactorily discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Satisfactorily provided a rationale for your response.
Thoroughly discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Thoroughly provided a rationale for your response.
4. Support your views with at least three (3) relevant and credible references, documented according to APA.
Weight: 5%
No references provided
Does not meet the required number of references; all references poor quality choices.
Does not meet the required number of references; some references poor quality choices.
Meets number of required references; all references high quality choices.
Exceeds number of required references; all references high quality choices.
5. Clarity, writing mechanics, and formatting requirements
Weight: 10%
More than 8 errors present
7-8 errors present
5-6 errors present
3-4 errors present
0-2 errors present
Clinical information systems | NURSING | Chamberlain College of Nursing
Electronic health records (EHRs), by streamlining how health care is provided, can improve the efficiency of medical records and the quality of care (Jette, 2019). Clinical documentation needs to reflect and be consistent with the care provided (Jette, 2019). Tracking patients records and their care has improved the quality of care by reducing errors (Balestra, 2019).
Briefly describe the selected EHR software solutions. Include three features of each software in the description.
EPIC EHR
Epic is an electronic medical record that is a centralized solution for health care communication and documentation. It delivers and coordinates care through dedicated modules for many specialties, including hospitals, long-term care, labs, rehab, urgent care, and many more. This software offers many features, including but not limited to telehealth, analytics, and clinical.
Telehealth
Telehealth has a patient portal for patients to manage their care through electronic access to their healthcare information. They can schedule appointments, attend electronic telehealth visits, message their doctors, provide better health outcomes, and be accessible and available on tablets and phones. It also allows for monitoring patients in ICU, manages chronic diseases, has central deterioration monitoring, and allows case managers to manage care and coordinate discharge plans in acute care settings, hospitals, and rural settings.
Analytics
Analytics collects all the information that has been imputed and curates all the information at one point so that users can access it; it provides dashboards and reports that are utilized for benchmarking and quality improvement of patient care. Analytics allows the health care team to investigate through the built-in dashboards and quickly provide adequate care to the patient. The management of data allows for quick answers to complicated questions by combining the clinical data that has been inputted by care staff, allowing for quick decision-making.
Clinical
The clinical program is tailored to fit the organizations needs, from workflow to the layout of screens. Clinical documentation, care planning, medications administration and orders, physician updates are at the fingertips of all staff. Data inputted by the health care professionals are linked and streamlines to get patients healthier faster, connecting physicians through the web, mobile phones, and high other tech methods. The staff has access to one point of care date, real-time, allowing for quick response, solutions, and positive patient outcomes.
iCare Manager
iCare manager is software primarily used by assisted livings and small group homes for the elderly. It focuses specifically on the elderly and their diagnosis and plan of care. It is a relatively new system focusing on the small providers of long-term healthcare. iCare is an electronic medical record that is a centralized electronic solution for assisted livings, providing documentation at one point that is accessible to other users within the same organization. It delivers and coordinates care through dedicated modules specific to assisted livings. This software offers analytics, Emar, assessments, care tracker, clinical documentation, staff licensure, and staffing schedules.
EMAR
Electronic medical records can coordinate all medications based on scheduled administration time, allow staff to sign medication administration, and send alerts to managers for any missed mediations, allowing for quick follow-up. It can set parameters, create a face-sheet with all patient demographics, including physician and pharmacy information. Its clear screen display allows for streamlined medication administration by care staff and links with a pharmacy for accurate updates and changes with new medication orders.
Assessments
The assisted living completed routine and regular assessments on all residents based on health care regulations. iCare Manager has a component designed to meet the specific documentation requirement for delegating nurses and managers by health care regulatory requirements.
Care Tracker
Assisted Livings are required to track and document the ADLs of all the patients. Care tracker is a component of iCare, where care staff can log in and document all care provided daily. It can scan documents that can be integrated into the patients chart and easily accessible to the healthcare team. It tracks and sends alerts to the manager and delegating nurse any abnormal issues or concerns. For example, if a patient has not had a bowel movement for three days, an alert will be sent to quickly take the appropriate action, resulting in better patient outcomes.
All components of the iCare manager are integrated, allowing for access on mobile phones and pads. Physician, nursing team pharmacy all have access to one point allowing for seamless, efficient care and outcomes.
Compare and contrast the benefits of the two selected EHR software solutions.
EPIC and iCare are both web-based electronic health record software. Epic is aimed for use at hospitals and acute care settings; iCare is specific for assisted livings. Both have a good workflow and are easy to use; EPIC can be customized, iCare is not customizable. Epic provides a patient portal for patients to log in and manage their health care; iCare does not have a patient portal. Both allow providers to scan documents and save them in the patients portal, and both are easily accessible from mobile phones. Acute care and hospitals settings use EPIC, which has been around for some time and can meet their communication and documentation needs. iCare is relatively new and is still going through growing pains, but it is by far one of the best soft wares for small assisted livings with less than 16 residents. Both have issues related to web-based access. If power or connection is lost, it places the health care providers in the difficult position of trying to care without access to the patient portal and could increase errors.
Select an EHR software solution that is best suited for your workplace environment. Identify the workplace environment (hospital, stand-alone private practice, etc.) and provide your rationale for the selected software.
iCare is best suited for my care environment. As a small assisted living provider with 16 residents and low staff numbers, meeting the regulatory requirements can be challenging. iCare, with its user-friendly software, allows for easy documentation of assessments, care plans, nursing notes, and direct connectivity with pharmacy and physicians, makes it a cost-effective and user-friendly solution that meets our needs. The staff has direct access to EMAR for daily medication administration, and the caretaker tracks activities of daily living required by our regulatory board. iCare sends alerts directly to mobile devices if medications are missed or omitted or any abnormal readings of vital signs, weights, bowel movements. Continued upgrades are needed to accommodate the changing needs of small assisted livings, according to Schopf et al. (2019), substantial development is required to improve the EHR to support patients health information for healthcare providers accurately. An abundance of healthcare information can be managed through databases by using electronic medical records, and this makes data more easily shared between providers and organizations (Kruse et al, 2018. p.14)
References
Balestar, M.L. (2019). Electronic health record: Patient care and ethical and legal implications for nurse practitioners. JNP. 13(2), 105-111
Jetté, N., & Kwon, C. (2019). Electronic Health RecordsA system only as beneficial as Its data. JAMA. 2(9), DOI:10.1001/jamanetworkopen.2019.11679
Kruse, C. S., Stein, A., Thomas, H., Kaur, H. (2018). The use of electronic health records to support population health: A systematic review of the literature. Journal of Medical Systems, 42(11), 2-16. https://doi.org/10.1007/s10916-018-1075-6
Schopf, T.R., Nedrebø, B., Hufthammer, K.O., Daphu (Links to an external site.), I.K., Lærum (Links to an external site.), H. (2019). How well is the electronic health record supporting the clinical tasks of hospital physicians? A survey of physicians at three Norwegian hospitals. BMC Health Serv Res. 19(934). DOI: org/10.1186/s12913-019-4763-0
I NEED A COMMENT FOR THIS DISCUSSION BOARD WITH AT LEAST 2 PARAGRAPHS AND USE 3 SOURCES NO LATER THAN 5 YEARS.
Busi 342 db3 replies | Business & Finance homework help
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Coca Cola began a pay for performance program in 2014 according to news reports from CNBC. Then in 2015 the company revamped this system, “Beginning in 2015, performance metrics applied to long-term awards will provide a balanced approach to incentives, increase alignment with local operations and pay for results that employees can more directly influence,” (CNBC, 2014).
Coca Cola has a Compensation Committee which oversees all compensation programs for the company. In describing the reasons for the compensation systems used at Coca Cola, the Compensation Committee issued this quote. (We are) focused on fostering a high-performance culture and continuing to align pay and performance against the key strategic drivers of long-term growth. (Coca Cola Unbottled Our Blog, 2016). This is a component of performance management. Performance management is a series of activities designed to ensure that the organization gets the performance it needs from its employees (Mathis, 2017, Chapter 10-1)
The majority of the focus of the Compensation Committee is on the performance compensation of the executives of Coca Cola. The compensation program is guided by three principles.
1. Pay for Performance. The great majority of pay for executives should be at-risk and performance-based with metrics aligned to the Companys financial results and business strategy and have a clear connection to the employees individual performance.
2. Maintain programs that will attract and retain critical talent, while reinforcing a high-performing and accountable culture. Compensation programs should be competitive in the marketplace and designed to retain talent over the longer term, while holding employees accountable to the Companys strategy and values.
3. Consider the Coca-Cola system. Employees are required to operate and have influence in the context of a broad and complex global Coca-Cola system, which includes the independent bottling partners. While the Company had approximately $42 billion in reported net operating revenues in 2016, the Coca-Cola system generates more than $100 billion in revenues, operates in over 200 countries and employs more than 700,000 people. The executives and employees must not only manage the business but also support its bottlers and other partners. This alignment and a shared vision of success are critical to drive long-term growth.
This compensation program rewards top executives with bonuses and stock options which more than double their salaries. The executives who benefit are expected to deliver results in leading the company in growth in the beverage industry. The long term incentive program will continue to provide awards to a broad-based population of employees. The majority of employees currently eligible for long-term awards will begin receiving long-term incentives as performance cash awards in 2015, which will continue to provide competitive incentives consistent with the Companys pay for performance philosophy.
Coca Cola has also expanded this concept of Pay for Performance to its advertising agencies. If the agency doesnt deliver advertising that works to increase profits, then Coca Cola only pays them for the cost of the advertisement but not additional profits. This has led to increased innovation in the advertising of their product. This pay for performance model is risky for the advertising agency, because they may have hundreds of employee hours invested in a television commercial and if it doesnt do well in the market place, then that advertiser doesnt make a profit. On the other hand, Coca Cola is a large wealthy company, and the advertising agency would be rewarded handsomely for a successful campaign. If the agency is able to really add value to the Coke products, the agency can earn as high as 30 percent profit (Trendsupdates.com)
In looking at the history of Coca Cola and what brought about this pay for performance change, the article Corporations as Partners: Connected Capitalism and The Coca-Cola Company by Robert J. Foster alludes that former CEO Neville Isdell, the CEO of the company from 2004 to 2008, had a mindset of partnering with other corporations and NGOs to improve the companys brand as well as change the world for the better. Profits and progress, Isdell claims, need not conflict: In fact, one demands the other (Foster, 2014). It appears this mindset of the company led ultimately to the current compensation program.
The American dream is built on hard work and being rewarded for that work. While everyone needs money and resources to sustain life, the most important thing is to live for Christ in all we do and put his cause above all worldly pursuits. Proverbs 14:23 In all toil there is profit, but mere talk tends only to poverty.
References
Foster, R. J. (2014), Corporations as Partners: Connected Capitalism and The Coca-Cola Company. PoLAR, 37: 246258. doi:10.1111/plar.12073
Mathis, R. L., Jackson, J. H., Valentine, S. R., & Meglich, P. A. (2017). Human resource management.
https://www.cnbc.com/2014/10/01/coca-cola-revises-pay-plan-after-consulting-with-shareholders.html
http://www.coca-colacompany.com/coca-cola-unbottled/coca-colas-board-of-directors-outlines-compensation-strategy
http://www.coca-colacompany.com/content/dam/journey/us/en/private/fileassets/pdf/investors/2017-proxy-statement.pdf
http://www.iaauae.org/en/news-archive/coke-leads-pay-for-performance-model.html
1 day ago
Jennifer Comer-Acker
Forum: Forum 3 (Modules 5 and 6)
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Forum: Forum 3 (Modules 5 and 6)
Pay-for-performance philosophy A financial reward system for employees where some or all of their monetary compensation is related to how their performance is assessed relative to stated criteria. Performance related pay can be used in a business context for how an individual, a team or the entire company performs during a given time frame (Performance Related Pay, n.d.).
Auto makers are a large corporation that use the pay-for-performance philosophy. After many years of assembly line workers putting cars together it is now evolved into several departments working to bring a vehicle together. Auto Makers are providing incentives and using the pay for performance model to make high quality cars faster. The United Auto Workers Union have already settled with General Motors and have a tentative agreement with Ford and they are wrapping up talks with Chrysler (DuBois, 2011).
The driving reason behind the United Auto Workers Union and the auto manufacturers to create a pay-for-performance model, is to create the incentive to its employees to work better and faster. Incentives to make the same car, but with less errors and less time give an employee something to strive for and not just come in for a solitary paycheck. United Auto Workers and the auto manufacturing companies are trying to create more auto jobs in America; therefore, GM and Ford have offered sign on bonuses and profit sharing plans for the entry level workers coming in at lower salaries (DuBois, 2011).
Many major companies and the government included, are considering going to a pay for performance model to help in the low cash flow issues. In the tough economic times, top working employees need to be compensated for their superior performance. Companies must make sure that they clearly communicate the types of compensation that they will offer in the pay for performance models. When getting the employee geared up for making more by working harder there will be a shift in the overall performance that will help in the end keep companies open. All workers can work to a common goal to perform better to create a better produce and in the end, make more money for themselves and the companies that they work for (DuBois, 2011).
There are some not so nice side effects of the pay to perform models that can lead to criminal activity or the undoing of the entire company. With enough money to be had good people can do some bad things and when selfishness takes over there can be a mess. There must be clear boundaries for incentives, what is and is not allowed, before any wrong doing can begin. Several examples of Pay-to-Perform gone wrong are Enron, Galleon, UBS and Wells Fargo to name a few (Khan, 2016). If corporations want to promote conscientious behavior, then conscious needs to be given a breathing room. How much for your integrity? Does everyone has a price? George Washington supposedly said few men have the honor to withstand the highest bidder (Khan, 2016).
References
DuBois, S. (2011, October 07). Why automakers are adopting pay for performance. Retrieved from Fortune: http://fortune.com/2011/10/07/why-automakers-are-adopting-pay-for-performance/
Khan, R. (2016, October 12). There’s a problem with ‘pay for performance’. Retrieved from Business Insider: http://www.businessinsider.com/theres-a-problem-with-pay-for-performance-2016-10
Performance Related Pay. (n.d.). Retrieved from Business Dictionary: http://www.businessdictionary.com/definition/performance-related-pay.html
