Analysis Swot Tows and Financial Herman Miller - 1938 Words

Financial Ratios and Analysis of Herman Miller Liquidity Ratios Liquidity ratios for a company help whomever is analyzing the data determine the company’s liquidity. When a company has good liquidity they are able to pay off their short term debt without having to take out any additional financing. We will look at Herman Miller’s current ratio for 2009 and 2010. The current ratio is calculated by taking the company’s current assets and dividing it by the current liabilities. It shows how many times the current assets can cover the current liabilities. 2009 current ratio | 2010 current ratio | 450.9/282.2= 1.597 | 394.7/313= 1.261 | Herman miller’s current ratio in 2009 of 1.597 shows they have approximately $1.60 of current†¦show more content†¦Employees at Herman Miller feel empowered they have no problem telling a supervisor that they are breaking the rules and also feel like they can make some decisions. Empowering your workforce even just a little boosts morale and makes workers feel like they are important to the company. This in The last strength we will mention is Herman Miller’s production. Herman Miller implements the process of lean manufacturing. They call their process the â€Å"Herman Miller Performance System†. They maintain efficiencies and cost savings by minimizing the amount of inventory on hand by using â€Å"just in time† inventory process in the case they mention that some suppliers deliver to Herman Miller multiple times daily. Weaknesses The first weakness would be how close their debt ratio is to 1. Having such high debt ratio could chase away creditors. When you have a small amount of creditors to choose from then you lose the power to choose between different creditors depending on interest rates and other variables. This could greatly increase things like interest expense. Another weakness Herman Miller might have is also a strength. The manufacturing strategy and using just in time inventory can be very efficient but, it can sometimes create problems. If a supplier ran out of material or some other type of crisis could cause Herman Miller to lose out on orders and in relation lose out on sales. The third weakness is their participative managementShow MoreRelatedExploring Corporate Strategy - Case164366 Words   |  658 Pagesmain issues inï ¬â€šuencing the competitive position of a number of organisations in the same industry with a relatively short case. For a case that permits a more comprehensive industry a nalysis The Pharmaceutical Industry could be used. However, if the purpose is more focused – illustrating the use of ‘ï ¬ ve forces’ analysis – the TUI case study or Illustration 2.3 on The Steel Industry could be used. Some cases are written entirely from published sources but most have been prepared in cooperation with

Nursing Ethics and Malpractice - 3247 Words

INTRODUCTION In every nurses career, the nurse is faced with many legal or ethical dilemmas. One of the professional competencies for nursing states that nurses should integrate knowledge of ethical and legal aspects of health care and professional values into nursing practice. It is important to know what types of dilemmas nurses may face during their careers and how they may have been dealt with in the past. It is also important for nurses to understand what malpractice is and how they may protect themselves from a malpractice suit. LAW VS. ETHICS It is important to first understand the difference between law and ethics. Ethics examines the values and actions of people. Often times there is no one right course of action when†¦show more content†¦Many hot topics in ethics relate to the right to life. These topics include euthanasia and the discontinuation of life support treatments. The right to autonomy is also referred to as the right of self-determination. This right allows for the patient to make their own decisions, such as: determining what course of treatment he may take for a disease, refusing treatment, or refusing medications. The right to health care requires that a society shall provide the funding, personnel, and facilities necessary to ensure that individuals have access to necessary health care. Health care for everyone alsorelates to distributive justice. The question being asked today is shall we take what health care resources we have and spread it very thin but so that everyone has equal access of care, or shall we take what resources we have any distribute them in such a way that we will do the most good to for the overall population? American Nursing Association (ANA) Code of Ethics In 1985, the ANA established a Code of Ethics for nurses that contains eleven points. Each of the eleven points is a general principle rather than specific guidelines. For instance, a nurse faced with an ethical dilemma involving resuscitation will find no mention of resuscitation in the Code of Ethics. The ANA has stated that the Code of Ethics is not open to negotiation, they are also currently in the process of updating the Code of Ethics. In this section, each of the eleven points willShow MoreRelatedAmputation Mishap1398 Words   |  6 Pagesamputated during surgery. The newspaper article states the mishap is negligence. In the following paragraphs, negligence, gross negligence, and malpractice are discussed and determine if the newspaper’s statement of negligence is correct. Ethical principles in nursing and nursing documentation regarding such issues are also discussed. Negligence and malpractice fall under the tort laws definition. According to Guido (2010), â€Å"Torts are civil wrongs, not based on contracts, but on personal transgressionsRead MoreEssay on Negligence in Nursing: The Legal Aspects952 Words   |  4 Pagesphysician. They are not just performing Doctor’s orders anymore. The nurse role in patient care has been widely expanded. Allegations against someone can be one of the most stressful moments of their careers. Negligence is a defined understanding in nursing to help understand the roles and rules provided, as well as what can be interpreted as negligence. According to Mark Cornock (2011) article The legal definitions of responsibility, accountability and responsibility cannot be held responsible ifRead MoreEthical and Legal Problems Faced by Nurse Practioner1459 Words   |  6 PagesEthical and Legal Problems Faced by Nurse Practitioners HCA322: Health Care Ethics amp; Medical Law (BGE1226A) Instructor: Eugene Elliott Cara Gerlach 7/23/12 Ethical and Legal Problems Faced by Nurse Practitioners Every medical professional has or will face some ethical and legal issues in the Medical Field, the Nurse Practitioners (NP) are no different. 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In this research paper, I will consider two case studies from the perspective of the nursing code of ethics, personal and societalRead MoreEthics Case Study Essay860 Words   |  4 PagesEthics Case Study Jerry McCall is an office assistant for Dr. William’s. Jerry has received training as both a medical assistant and Licensed practical nurses (LPN). During the time the receptionist is out to lunch Jerry is covering for her. Jerry is faced with a common problem in the health care field today. Jerry has been asked to call in a refill for Valium to a pharmacy for a patient. This paper will address why Jerry is not qualified to refill any prescription medication. If Jerry is protectedRead MoreEvaluation Of Patient Safety Ethics1202 Words   |  5 Pages Patient Safety Ethics Student Name Course/Number Date Instructor: Name Patient Safety Ethics Patient Safety Ethics has always been on the foreground of various studies, research, and debates. It is one of the key proponents in providing competent and suitable healthcare services to the clients. It is a subject that has played a major role in defining the scope of the healthcare system and its sub branches. While different forms of patient safety ethics exists globally, the central themeRead MoreA Brief Note On The Organization For Accreditation Of Healthcare Essay1531 Words   |  7 Pages Carline Raymond MSN RN: Helena Correia Ethical/Legal Issues in Health Care Felician University Malpractice and Negligence Paper The Organization for accreditation of healthcare called (JCAHO) demonstrates negligence as a failure to give proper care. It also defines malpractice lack of skill by a professional position unable to provide professional skills when needed. A complaint of neglect towards a healthcare professional can incompetence of skills leading in patientRead MoreA Brief Note On Wrongful Death Lawsuit Of Ard V. East Jefferson General Hospital1206 Words   |  5 Pages Wrongful Death Lawsuit Sonja S. Kennedy MHA 622 (NDB 1435A): Health Care Ethics and Law Instructor: Jared Rutlege September 15, 2014 Abstract: The plaintiff in Ard v. East Jefferson General Hospital, stated on 20 May, she had rang the nurses station to inform the nursing staff that her husband was experiencing symptoms of nausea, pain, and shortness of breathe. After ringing the call button for several times her spouse received his medication. Mrs. Ard noticed that her husband continued

Fine Arts Music

Question: Discuss about the Article for Fine Arts of Music? Answer: Music is magical. It has the ability to capture a moment or emotion for infinity. Kuwaiti music has enchanting effects on the senses of the listener and can relate to the founding history of Kuwait. It takes the native listener to his past and makes him feel nostalgic. The songs of the seafarers make the listener remember the glorious past of his ancestors and their struggles, sufferings, successes and celebrations on the tides of the mighty sea. The drums sound to them like the crashing waves. Such is the magnetic pull of the traditional sea music of Kuwait that it not only influences the natives but also has a lasting impact on any listener from anywhere. Kuwaits traditional music has originated from the heritage of seafaring. The traditional pearl diver song is known as Fijderi. East African Kuwaitis perform the music and dance type known as Liwa. The sailor songs are known as Al-Arda Al-Bahariya and Al-Nahma songs accompanied the sailing activities. Sea had a fundamental impact on the Kuwaiti society and was once its lifeblood as Kuwait was once dependent on the seas for trade, prosperity or expeditions of pearl diving. Music had many purposes on the sea life of the sailors, which were practical, psychological and emotional. The Nokhetha or the captain directed the musicians what to play which in turn would alternatively order the on board sailors what to do. The synchronized and rhythmic clapping accompanying the music is known as Sharbukka. The art of the Kuwaiti sea song is known as Al-Fan Al-Bahri, which signifies the connection of Kuwait with Bahrain. Basically, there are two basic types of Bahri or sea music which include celebratory and work songs (Urkevich). Yamaal and Sangeen are work songs of the sea. These are used for explicit purposes. Sangeen has been described as the most difficult and is sung while the sailors are setting out the ship on the sea. Since immense physical effort is required, the music is challenging. Al-Yamaal is the other work song and has multiple versions. These are sung when the sailors are rowing the ship, trimming the sail of the vessel or pulling the ship towards the dropped anchor. The songs help the sailors to apply synchronizing efforts by a unified rhythm and give them a momentary pause. Al-Dawwari is sung while pulling the ship back to the dropped anchor (Taibah, Jameel and MacDonald). Al-Uns is the celebratory music for happiness. This is played when the sailors return home safely after a successful journey by singing, dancing and playing instruments for celebrations. The instruments employed in this music are sea, desert and urban instruments. Oud is the urban instrument used for this music. Ardha is the military dance show. This is used to threaten the enemy and demonstrate the military power prior to the battle. For the seafaring culture of Ardha, the dancers dance with sheath and sword in both hands. It is also performed to honor a famous guest. The beats of the music are asymmetrical (Al-Shahi, Ahmed and Lawless). The seafarer tradition of music has represented the most important aspects of the Kuwaiti society for ages through songs, dances and music. However, after the discovery of the oil fields, the folk music and songs were no further created. References Al-Shahi, Ahmed, and Richard Lawless, eds.Middle East and North African Immigrants in Europe: Current Impact; Local and National Responses. Routledge, 2013. Taibah, Nadia Jameel, and Margaret Read MacDonald.Folktales from the Arabian Peninsula: Tales of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, and Yemen. ABC-CLIO, 2015. Urkevich, Lisa.Music and Traditions of the Arabian Peninsula: Saudi Arabia, Kuwait, Bahrain, and Qatar. Routledge, 2014.

Skill Based Pay an Example by

Skill Based Pay The current competitive business environment demands that employees possess a new set of skills and knowledge. In order to be effective, employees need to complement their knowledge with technical and inpidual competencies varying from a number of advanced knowledge including the ability to make independent judgment in order to reach amicable decisions. However, most institutions still perceive job positions as considerably above clerical jobs which form the underlying entry-level recruitments. Unless these institutions recognize the necessary skills required in the ever increasing and sophisticated business functions by appropriately providing compensation and training, the probability that they would remain at a disadvantaged position competitively is high. Need essay sample on "Skill Based Pay" topic? We will write a custom essay sample specifically for you Proceed Moreover, infective and inadequate staff presents high risks to many organizations. To ensure that employees acquire these essential skills, organizations should develop a compensation model that is based on the skills and knowledge of the employees in an organized skill ladder accompanied with development and training programs (Gustafson, 2000). Organizations are increasingly seeking alternative compensations schemes in order to promote competitiveness within their employees. Several organizations have migrated from the traditional compensation structures based on job to skill-based compensation structures. The traditional compensation structures take into account the characteristics of the task to be accomplished, while skill based compensation structures emphasizes on the attributes of the employees related to work. These attributes include knowledge, competencies and skills. Rewarding these attributes enable organizations to effectively draw the attention of their employees on development opportunities and consequently enhance self-directing behavior. The self-directing behavior of employees and improved skill base enable organizations to improve flexibility of their workforce and the overall productivity of the organization (Milkovich & Newman, 2008). The purpose of this is therefore to examine the new compensation model commonly known as skill-based or knowledge based pay, its benefits and practicability of implementation. A new compensation model Conventional compensation pay systems are based on the position an employee is assigned without taking into account the new skills and knowledge that may be acquired by the employees. In order to earn more wages and salaries, employees must undergo promotions into higher positions in the organizational ladder which is arranged in a vertical hierarchy. Many human resource specialists have suggested alternative compensation models such as the new skill-based compensation scheme to replace the existing traditional models. Under this model, employees would be paid based on the additional skills and knowledge acquired that can improve the overall performance of the employee and consequently benefit the organization. Skill-based compensation plans recognizes the in-depth of skills and knowledge acquired by the employees during the course of their work. The foundation of this compensation model is based on paying employees more money as they obtain and demonstrate additional skills that are of value to the organization (Silva, 1998). There always exists a distinction regarding skills and competencies as there are lack of consensus on how to define them. However, there is an inherent agreement that they are relative to inpidual and not the position they hold and therefore must be measurable. The differences existing between skill and competency revolve around the realm of skills require to be successful in a specific job and the enabling skills required by inpiduals in accomplishing their work. Skills therefore refer to the technical expertise while competency refers to the enabling skills. The analysis of skill-based compensation model therefore comprises both skills and competencies. A skill-based compensation model was a new pay model coined by Schuster and Zigheim. The underlying concept behind this new payment model is its focus on business performance based on an inpidual rather than the job. In order to achieve organizations goals, organizations usually complement skill-based compensation with a variable pay mechanism. Skill-based payment models are always unique to each organization and therefore there is no standardized design for these schemes (Schuster & Zingheim, 1992). To successfully implement skill-based compensation plans, organizations need to determine a definite skill channel and then develop educational and training programs responsible for enabling the employees to proceed along those channels. Under this compensation scheme, employees are assigned positions and their compensation is calculated on the basis of demonstrated skills and competencies (Lawler & Gerald, 1992). For instance, a new recruit would start from a trainee position or a support role. The employee skills and work progress are then assessed periodically. Upon determining that the employee has acquired extra competencies through experience, on-job training and education, the employee automatically qualifies for additional compensation based on this additional value to an organization without taking into account new job assignments. Organized competency development plans associated with skill based compensation schemes gives employees and organizations increased flexibility. This makes it possible for periodic rotations from one duty to another and thereby eliminating the possibility of job stagnations and consequently ensuring flexible responses to unanticipated shifts in organizations and changes in staffing. An employee with broad-based skills, for instance, would be assigned a wide range of tasks such as billing, bargaining balances for self pay, holding a temporary position in order to reduce the accumulation of pending jobs (Gustafson, 2000). Practicability of implementation Successful implementation of skill-based compensation model depends on a number of critical factors. These factors include effective skill determination; education and development commitment; and sufficient funding. In order to effectively determine the require skills, organizations should carry out a comprehensive examination of the available revenue-cycle processes. This examination should identify all the necessary technical competencies including such knowledge as billing, mathematical calculations in prorating balances, and compliance prerequisite. The audit of the available skills should also cater for the fundamental necessities such as customer service, problem solving, scheduling of tasks and self management. In order to foster continued commitment to education and development programs, organizations should assists employees in obtaining additional skills. In order to achieve technical and other desire competencies, organizations should conduct training programs on maintenance and development. Additional competencies would include management of time, planning and scheduling of personal work and efficient bargaining and communication. Establishment of actual mechanisms for accessing the skills and learning should be thoroughly undertaken. Successful implementation of skill-based payment model is a strategic investment plan and therefore not designed to offer immediate earnings on investment. The fundamental goal of this compensation model is executing a cost-effective and a customer oriented revenue cycle. Achieving this objective relies heavily on the cooperation and participation of employees. Nurturing this participatory culture of the employees calls for a long standing plan and adequate funding to sustain the development process (Milkovich & Newman, 2008). Benefits of skill-based compensation model Successfully implementing skill-based compensation schemes includes improved employee commitment, improved customer service and increased problem and conflict identification and resolution. As a result of payment model based on skills and competencies, employees become more devoted to self-improvements. This is because the organization encourages them to develop a wider outlook of their roles. This enables them to concentrate on achieving more results and effectively respond to changes in the working environment. Additionally, the employees develop a greater loyalty and obedience to institutions because these institutions have recognized their value. Compensation model based on skills enhances customer services since the employee base has shifted from specialized employees to multi-skilled professionals capable of dealing with broader customer issues. This has helped in reducing the gap between business institutions and their customers. Problem and conflict resolution has been made much easier by skill-based compensation schemes. This is because the focus of employees has shifted from performing specialized tasks to performing a wide range of tasks using multiple skills. This has enabled employees to picture out and analyze the operation of the whole organization. After solutions to problems are effectively identified by employees, the employees could implement them with little or no intervention at all from the management. The development of effective outcomes of revenue-cycles depends heavily on the performance of employees. These employees therefore needs to be highly skilled and sufficiently motivated and compensated in order to realize such results (Ledford, 1995). In conclusion, organizations should therefore employ skill-based compensation schemes and training mechanisms in order develop such employee base. Reference: Gustafson, B.M. (2000). Skill-Based Pay Improves PFS Staff Recruitment, Retention, and Performance. Retrieved March 31, 2009 Lawler, E.E. & Gerald, E.L. (1992). A Skill Based Approach to Human Resource Management. Center for Effective Organizations, University of Southern alifornia Ledford, G.E., Jr. (1995). Paying for the Skills, Knowledge, and Competencies of Knowledge Workers. Monograph; CEO Publication G 95-6 (282) Milkovich, G.T. & Newman, J.M. (2008). Compensation. ISBN: 978-0-07-296941-2. McGraw-Hill Schuster, J. R., & Zingheim, P. K. (1992). The New Pay. San Francisco, California: Jossey-Bass Publishers Silva, S. (1998). Performance-Related and Skill-Based Pay: An Introduction. Retrieved March 31, 2009 from http://www.ilo.org/public/english/region/asro/bangkok/download/11-13dec02perform2.pdf

Ghostface Killah - Supreme Clientele free essay sample

The new Ghostface Killah album,Supreme Clientele is one of the better albums to come fromthe Wu-Tang Clan since the release of Bobby Digital by theRZA in 1998. Ghostface is a member of the Wu-Tang Clan, who are knownfor extensive rhyming and different beats they putdown. Ghostface lives up to his fellow clan members and more byusing new beats put together by the RZA. Ghostface also does a good jobmixing the slower, more meaningful rhymes and the fast-paced ones thatpull you in. Some of the tracks off the album that do a good job areGhost Deni, Apollo Kids, The Grain,Buck 50, Childs Play and Wu Banga101. Ghostface also uses a lot of cameos. Method Man spitshis rhymes on a couple of tracks and the RZA, who should be given creditfor producing the album, also graces us with his presence. GZA, anothermember of the Wu-Tang Clan, gives us some of his smooth lyrics. We will write a custom essay sample on Ghostface Killah Supreme Clientele or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Redman,one of the best rappers in the business who will say anything (no matterwhat) as long as it flows, also contributes. So if you have been dyingto hear something new from the Wu-Tang, go out and get GhostfaceKillahs Supreme Clientele.

The Symbolic Meaning of Dr. T. J. Eckleburgs Eyes essays

The Symbolic Meaning of Dr. T. J. Eckleburgs Eyes essays Many writers use symbols in their works in order to show different aspects of life. F. Scott Fitzgerald uses symbols in his most famous book, The Great Gatsby. There is a green light that represents Jay Gatsbys hope for a future with Daisy Buchanan. He sees the light from across the bay and believes that it a sign that he should try to win back Daisys affection. However, the most important symbol in the entire book is probably the enormous eyes painted on an advertisement billboard. First introduced on page 27, the billboard is an old advertisement for an oculist. The eyes of Dr. T. J. Eckleberg, as they were named, are described as ...blue and gigantic their retinas (pupils or irises) are one yard high (p. 27) and ...dimmed a little by many paintless days under the sun and rain, brood over the solemn dumping ground (p. 28). The billboard overlooks the Valley of Ashes, a wasteland where ashes grow like wheat into ridges and hills, and grotesque gardens (p.27). People have long polluted this area with dumped ashes, garbage, and manure. The eyes are representative of the eyes of God. They look down upon the people who pass through the valley and judge them. It seems as though this God simply watches over the people and maybe even protects them, but near the end of the novel, that idea appears to be the opposite of what the God really does. Since these eyes watch over the people, they see all of the things that people do good or bad. They act as a judge of virtue and, in the end, they punish all of those who had questionable morals. The punishments began with the death of Myrtle Wilson, Tom Buchanans lover. Her death was a sentence for selling her soul for the love of money. It was also a penalization for Tom, since he lost his mistress when Myrtle died. Jay Gatsby was another person penalized because of Myrtles death. First, the fact...

Consumer behaviour Essay Example | Topics and Well Written Essays - 500 words - 1

Consumer behaviour - Essay Example Currently, many people are concerned with healthy living and healthy eating. Therefore, most will prefer to spend on salads than on fast foods, which are unhealthy. In addition, those who want to obtain their ideal self-image of a slim physique will also make a choice of what to purchase depending on their goals. These will prefer salads due to their nutritional value, and the fact that these are healthy to eat (Solomon, Zaichkowsky & Polegato, 2011). External factors influencing sale of pre-packaged salads include family decision and influence or opinions of groups. Some families have working mothers who do not have sufficient time to spend in the kitchen preparing salads; therefore, pre-packaged salad comes in handy. In addition, most students lack time for the kitchen, so, they will prefer to buy pre-packaged salad as a timesaving strategy. The factor of buying and disposing mainly affects single consumers who cannot buy and prepare salad for a single meal, as most will be disposed, thus going to waste. Therefore, such consumers will buy the pre-packaged salad, which comes in different quantities, and which does not go bad easily when it is left over (Solomon, Zaichkowsky & Polegato, 2011). It is more likely that the sale of pre-packaged salads will continue to grow in the coming years. This is because people are continuously being made aware of healthy eating for better lives. Many people are therefore, drifting from fast foods and processed foods to the more natural foods, including vegetables and fruits. In addition, research shows that most young women are getting an education, therefore, most future mothers will be working mothers, with knowledge in healthy eating, thus these are more likely to purchase pre-packaged vegetables, because of its convenience and health value. To increase the sale of pre-packaged vegetables, the concerned companies need to invest in more advertising. This is to make more consumers