Saturday, January 25, 2020

Strategic Positioning of Hilton Hotel Groups in the UK

Strategic Positioning of Hilton Hotel Groups in the UK Strategic Positioning of Hilton Hotel groups in the hospitality industry in UK? Back Ground Study: Hotels and their branding strategies are famous all over the world. If we look around us we can see that the success of a hotel is in its brand emphasis. To stay in business and to beat the competition around them, all hotel groups engage in brand implementation. The logo itself would stand out on its own, from the minute a customer enters a hotel, they will be centred on the brand image starting from napkins, towels, spoons, etc. A trend in todays hospitality industry is the interest to cater to different market segments under one brand name. To achieve this many big reputed hotels, acquire or enter into some alliance with smaller hotels and provide them with the main hotel logo, brand name and similar facilities/services. Thus making it a part of the main hotel brand. Since more and more hotels are moving ahead with this same kind of strategy there is an enormous competition in this sector at present. To focus in depth on this matter I have decided in taking Hilton Hotels Corporation as a case study. This hotel group is one of the leading names in the global hospitality sector, with more than 2,800 hotels and 490,000 rooms in more than 80 countries, including 150,000 team members worldwide. The company owns, manages or franchises a hotel portfolio of some of the best known and highly regarded brands, including Hilton, Conrad, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn Suites, Hilton Garden Inn, Hilton Grand Vacations, Homewood Suites by Hilton, and The Waldorf=Astoria Collection. There are may other international hotel chains like, Marriot, Holiday Inn, Intercontinental and Radisson which are as competitive as Hilton and are following the path of global branding, but they are only very new entrants in this field. To portray a global image and enhance a world over brand large investments are required. Government policies, economical changes, political issues like September 11th have affected the Hotel industry world wide during recent times. Making this kind of a huge investment is very risking for hotels until their long term objectives show profits. During the years Hilton Hotel as a corporate has been able to create a brand for itself in this competitive lodging industry, proving their capabilities by continuously portraying increase in its revenue every year, by diversifying its products and acquiring other valuable hotels to add to it corporate chain. Hilton as a corporate has been able to cater to the needs of different types of guests. Based on needs of the customers they are able to providing the required facilities and services. Thus being able to keep up its own brand movement and also create publicity in all segments of the market needs. Acquiring hotels which are based overseas has also enabled the company to expand its operations and serve its clientele. To validate my assumptions and to clear my doubts, I have tried engaging in a journal article Brand Equity, Brand Preference and Purchase Intent (Cathy J. Cobb- Walgren, 1995). Here I intend to demonstrate how branding can help a hotel be well renowned and at the same time be able to cater to all segments. Research Question: How does a traditional luxury hotel group react strategically to the incoming global pressure from niche brands? (Case Study Hilton International) Research Objective: Main objective of this research will be to identify the current market positioning of the hotel groups, taking Hilton as a case study, to find out how the each hotel chains competes each other in a global market. I will compare brand segmentation and competitive advantage and brand value different hotel chains. Research Methodology I will compare the performance of Hilton Hotel in each of the areas of its operations (Customer satisfaction, Competitiveness, Productivity, Profitability) against other major players in the market .To find out the core competencies of the company it is also required to do a SWOT analysis. This analysis would help in focusing on the companys strength, weakness, opportunities and threat, which would help in achieving an internal picture of Hilton as a whole. It would be beneficial using Porters five competitive forces (Micheal Porter 1980) to find out Hiltons external opportunities and threats. I will be interviewing General Managers to understand the current market trends and companys main objectives and plans for the future. It is essential to use Hilton as a case study to evaluate how hotels interested in the branding concept operate world over. Due to the above mentioned (Background) specialities in Hilton Hotels Corporation it will be much helpful to take it as a case study to understand; what are the integrities in undergoing brand diversification with in the industry. Time Scale: June 5 to June 20 : Review books and any literature related to the matter June 9th : 1st Meeting with the supervisor June 22nd to June 29th : Prepare a research strategy and review main literature June 30th to July 3rd: Meeting with Hotel Managers to conduct interviews July 4th to July 10th : Putting the data together and analysising it. July 11th to July 23rd : Reviewing Hilton data as a case study and linking it with the theoretical literature July 24th to August 2nd : Preparing the SWOT analysis to find out the core capabilities of Hilton August 3rd to August 15th: Preparing for Potters five forces to get a track of Hiltons external opportunities and threats August 16th to August 24th: Formulating the first draft together August 25th to September 1st: Completing the Project Resources: The expenses occurred while travelling to take interviews will be bared by myself. I do have access on the intranet of Hilton since I have been previously for this company. I have also access to the Leeds University library and Hotel and catering international Management Association (HCIMA) to help me in the review of literature. References http://hiltonworldwide1.hilton.com/en_US/ww/business.do http://hiltonworldwide1.hilton.com Cathy J. Cobb-Walgren, Cynthia A. Ruble, Naveen Donthu; 1995. Brand Equity, Brand Preference and Purchase Intent. Journal of Advertising [online], 24(3), [Accessed 19th April 2008], p.25-44. Available from World Wide Web : Potters Five Forces (Micheal Porter 1980).

Friday, January 17, 2020

Comparing For Profit and Non for Profit Colleges Essay

Colleges and university have slowly become one of the stepping stones into the working world today. People go to colleges for higher education with the intention of earning degrees in which they can use in their respective fields. Some example degrees that people pursue are Medical, Law, Business, Accounting, and Science Degrees. Through the years the idea of college was that it was optional and it was a door for better life and job. However in the modern times, it become a necessity. It all started when the colleges once single- gender institutions target specific students in their respective demographics. Today, the college market has now been divided into two major categories: Not-for-Profit Colleges and For-Profit colleges. Not-For-Profit Colleges are institutions that are interested in serving the student’s needs by providing necessary education to the student. The Not-For-Profit organization are tax exempt and have a board of trustees that makes decisions. For-Profit Colleges are run like a business in which their goal is to generate income for their owners and shareholders. There are no board of trustees at For-Profit College and the owner and shareholders control the decision on which is best for the institution. Although the objective for both Not-for-Profit Colleges and For-Profit College is to provide their students an education in which they can use for their future, both institution have great differences in which their organizations are run. Although the primary objective For-Profit colleges is to provide an education, they are merely a business in which their goal is to earn a profit. Like any business, the For-Profit Colleges can be setup as a sole proprietorship, partnership, or even a subsidiary of a larger company. The For-Profit College can also be setup as a corporation that have stocks traded on the stock markets. They will try to bring earnings and a return on investment for all their shareholders and investors. They can have great flexibility because at the end of the day, the goal for the For-Profit College is to make money and only that. The instructors that are hired at For-Profit Colleges usually have a very different approach to their teaching compared to Non-For-Profit Colleges. Usually they are merely there to carry out the lesson plans in which was designed by the institution. Majority of the lesson plan given to each student is standard which means the instructors do not have the liberty to create their own curriculum or lesson plans. This is also due to the purpose of the education given is to assist the student in getting specific jobs with specific job functions. The courses at the For-Profit college is to help the students get better jobs in the market while the courses at Not-For-Profit College intend to allow the student learn and grow within their respective fields. Students that enter For-Profit colleges already have a plan in terms of type of jobs they would like to pursue and they enroll in the necessary courses while some students at Not-For-Profit College have no idea which career that they would like to pursue. Not-For-Profit college help you learn and gain the knowledge in the field that you’re interested in while For-Profit colleges prepare you for the specific job that you want to do. The admission process for For-Profit schools are not as selective as the one in Not-For-Profit College. There isn’t much prior evaluation of the student since their main goal is to make a profit. They tend to be more flexible in terms of their requirements and appeal to students of all ages and races. Modern day classes can be taken online and at more convenient times such as nights and weekends to accommodate students that work full time. Online has also been the new trend because of the lower overhead costs for the For-Profit institution. For-Profit institutions tend to not have a campus like the Not-For-Profit colleges do. For-Profit colleges classes is usually at their own building or leased space. There isn’t any services such as on-campus food or housing that is available to the students at For-Profit institutions. The college provides students with the education that they need for their desire jobs rather than a college experience that a Not-For-Profit college can provide. For Profit institutions conduct their accounting the same as any regular business would do. Their main goal is to make a profit just like all businesses would do. For-Profit institutions must comply with the Federal Accounting Standard Board. The tuitions are recorded as revenue while the expenses include leases, staff, and maintenance expenses. For-Profit colleges budget system must include tools to forecast budgets, manage variance and generate financial reports. The budget forecast is designed to estimate revenue and expenses to its income center, administrative cost structure, and its academic schedule. The income center budget includes enrollments, revenue, and expenses by academic period. Administrative expenses include administrative costs per student and personnel pay ranges. The budget should also include financial report to show if the institution is profitable. Statements such as cash flow statements, net income, and balance sheet should all be included. The budget must also be flexible enough in case that their projections aren’t accurate. They should be easily accessible so that managers can routinely check if their performance is above, below, or even on target. To determine if the institution is on track with its budget and strategic plans, they would measure their six categories in their budget to get a better picture of the institution’s performance. They are new students, enrollment, cost performance, revenue, net income, and cash flow. This way they would also be able to measure the efficiency of their institution also. The goal for Not-For-Profit Colleges is to provide students with higher education and help them advance in a particular field. Not-For-Profit Colleges are traditional college such as community colleges, state universities, and liberal arts colleges. These institutions gain funding to provide their services from the government subsidy, tuition fees, and donations. All the income that are received is strictly used for institution purposes. Some examples are professors, staff, maintenance, utilities, or even computers that the school needs and student needs. All the money is given back to the institution in some way. The professors hired at a Not-For-Profit College design their own courses and create their own course curriculum and lesson plan. They can provide the education in their courses with their own individual styles and lesson plans. The professors are under the guidance of the Board of Trustees, which is composed of different representatives that make decisions for the college. Not-For-Profit colleges are mainly to provide education for the student who are enrolled in their institution. The classes are usually on a campus in which the student spends a majority of their time at. The board of Trustees focuses on improving their campus for the student. The Board of Trustees is constantly making decisions from an academic, campus, and efficiency perspective in order to provide the best possible service for their students. Not-For-Profit Colleges select their students through a vigorous and selective process. Students usually express interest in attending the college and then the college decides if the student would be a good fit for the college. After being accepted, the student would be able to earn a scholarship to help with the room and board that the college charges. Not-For-Profit Colleges are selective of the students since they strive to serve students who would fit the reputation of the institution. This selective process allow college to focus on the needs of the students that are a good match for the college. From an accounting perspective Not-For-Profit colleges follow the rules of Governmental Accounting Standards Board who is responsible for Generally Accepted Accounting Principles used by the United States. The Governmental Accounting Standards Board issues statements that deal with the accounting principles and financial reporting rules of government and other Not-For-Profit organizations. Like all Not-For-Profit organization, these college contribute without expecting commensurate returns. Their main purpose is to provide education to the students that enroll in their school. Most of their income for these colleges come from the tuitions and fees they receive from their student. Other income comes from donation and government subsidies. When a Not-For-Profit College receives tuition payments and fees in full from students the college is supposed to record it at a gross amount, as any revenue would be recorded. If a student meets certain criterion that allows them to attend a publicly funded not-for-profit institution, tuition may be waived in the form of a tuition waiver. Tuition Waivers are reported as a contra-revenue account reducing the revenue account. If the college has any debts, they are recorded just as businesses record them as the debts are recorded with institutional support expenses. Students may pay for college with scholarships which are essentially amounts contributed for the education of a selected individual. Scholarships are given for a range of reasons including high academic standing, membership in certain societies, or awards. However there are two main sources of scholarships which are an outside donor or the scholarship is awarded by the college itself. If the scholarship is from an outside donor the not-for-profit college simply collects the amount receivable from the donor. If the scholarship is awarded by the college itself the accountant reduces the college’s accounts receivable. This reduction in the accounts receivable is recorded as an expense to education and general student aid. Certain expenses of a not-for-profit college are unrestricted net assets classified as instruction expense, research expense, public service expense, academic support, student services, institutional support, operation and maintenance of plant and student aid. Not-For-Profit Colleges cannot operate on tuition fees alone as all the money is immediately put into the school. Fortunately as a Not-For-Profit organization these colleges may receive governmental subsidies as support revenue. There are two types of government subsidies classified as unrestricted and restricted. Unrestricted subsidies are intended for the college to use in general operations. The Board of Trustees also has the power to decide whether a subsidy is unrestricted. Restricted subsidies can be split into either temporarily or permanently. These subsidies often are given for a certain purpose such as an expansion or special project. The restrictions on these subsidies refer to the amount that can be spent and when it can be spent. Sometimes the government may also provide students with grants, which are similar to scholarships in the sense that they are provided to help students reach their financial needs for school. Government grants can both be state or federal and come from government programs such as Pell or the Federal Supplemental Education Opportunity Grant. Similar to scholarships the college may either distribute the cash to the proper students or receive the amount that is to be distributed. If the college decides to receive the grant then it is recorded as a liability in the â€Å"Grant Funds Held for Students† account. Not-For-Profit colleges usually also have an endowment fund which is used to help finance the operating expenses of the organization. Aside from the general endowment the institution may also have restricted endowments intended for specific purposes such as professorships, scholarships or fellowships. For cash received from permanent endowments it is recorded as a contribution and the income is restricted to student aid. Any income received due to an endowment is temporarily restricted and the cash is meant to be spent on student aid. The other services that a Not-For-Profit College provides are the Auxiliary Services. The Auxiliary Services are the services and amenities of the campus. Examples of such services are residence halls, food services and the college athletic teams. These services are classified under unrestricted revenues and expenses. The total of the accounts from the auxiliary services are reported on the Statement of Activities for the College and subsidiary records are also kept. The Statement of Activities for the Not-For-Profit College will usually list the Revenues combined with Total Net Assets Released from Restrictions for Operations to get the Total Revenues and Reclassifications. The next section is usually the Expenses section followed by any Net Change in Unrestricted Assets, Temporarily Restricted Assets and finally Permanently Restricted Net Assets. The Statement of Activities is then followed by a summary on the Change in Assets for the past year. Even though the main purpose of both For-Profit and Not-For-Profit is the same, the way that they function aren’t necessary the same. The accounting standards and rules that they follow both are very different. Also the rules that both colleges follow are extremely different. Both colleges have their strength and weaknesses in their way that they serve their students. The student should chose the type of college they want depending on what their needs are. If the student is looking to advance their education they should be looking for a traditional Not-For-Profit College. If they are trying to land a job that has technical skills which are required, then the For-Profit College is a better option.

Thursday, January 9, 2020

Low-Wage Jobs Are Often Referred - Free Essay Example

Sample details Pages: 8 Words: 2536 Downloads: 10 Date added: 2019/05/15 Category Law Essay Level High school Tags: Minimum Wage Essay Did you like this example? Paying ones rent while stuck working a dead-end job, or a job with low pay can be tough, especially if one has family they need to take care of. People who struggle with paying rent are usually the kind of people who work terrible jobs, or struggle to hold down a job for a number of reasons, (terrible working conditions, terrible bosses, etc.). People in these kinds of situations may choose to quit their jobs due to not being able to handle the stress and pressure that comes with these jobs. Don’t waste time! Our writers will create an original "Low-Wage Jobs Are Often Referred" essay for you Create order People may choose to rely on welfare because they were no better off than when they were working and would rather avoid working a bad job. Because of this, dependency on welfare has only increased throughout the years. A lot of unexpected things may happen in life, and you never know when you may need money for an unexpected situation. You may get sick and have to go to a doctor, you might need to buy more food because you ran out, or your kids may need school supplies. Depending on welfare is understandable if the person is disabled or unable to work because of some other reason. People who are perfectly capable of working and have a desire to work, should be allowed to work in a job that pays them enough and treats them well. In order to solve the issue of employees not being paid enough, a program of some sort should be developed that would help unemployed people who are capable of working and living on welfare get jobs as soon as possible. But a problem that would come from a program like this,  Hernandez 2is that there arent always enough jobs for everyone who wants or needs one. If jobs were easy to find and also paid well, homelessness and poverty wouldnt be as bad as they are in the U.S. Attempting to start a program like would also require solving other problems with working minimum-wage jobs. Some of these problems include a lack of benefits and sick days, being forced to work fewer hours, terrible working conditions, and employers who mistreat their employees. Low-wage jobs are often referred to as dead-end jobs because they are the kind of jobs where you will have little, if any chance of moving up in the world. People who work in these kinds of jobs will also have a hard time starting a career, because they are at the bottom of the barrel. These are the kind of people who work in retail, fast-food, on the fields, or in factories. They work long hours and make very little in return. For example, someone who works at a McDonalds will earn roughly $9-$10 an hour, which might be enough for one to pay off bills or to take care of ones family depending on how tight money is. But college on the other hand is expensive, in 2017-2018, college pricing can reach up to $25,290 (collegedata.com). One would never be able to afford college on their own while working a low-wage job. Finding work is hard, especially if one doesnt have a high school diploma, or chooses not to go college. If one manages to find a job without a high school diploma or college degree, it will for sure be a dead-end job where they will earn minimum-wage at the very least. Working a job that pays one minimum-wage or less while living with their parents or going to college is different than working a minimum-wage job while trying to support their family. In a census conducted in 2012, 1278 men, and 854 women said that they dont work because they couldnt find jobs. There are three unemployed Americans for every job opening, which means that one  Hernandez 3will get hired, while the other two will be out of luck (Weissmann, theatlantic.com). People with little or no education have a higher chance of being unemployed. Workers with no high school diploma have a 9.1 percent unemployment rate, workers with diplomas have 6.5 percent rate, and college graduates have a 3.2 percent rate. A worker earning minimum-wage will earn roughly $14,500 a year, which may be enough for someone living on their own, but it wont be enough for someone taking care of a family (Covert, thinkprogress.org). This makes it hard to establish a sort of program to get unemployed people into work. As the years have gone by, it is getting harder and harder for people to find work, and people with little to no education have a higher chance of losing their jobs if they find one. If a program like this was established now with more and more people struggling to find work, or struggling to keep it, it would most likely fall apart. In order for an idea like this to work, there would need to be an ample amount of jobs available  for unemployed people to be able to be put into, people cant be put to work if there is no work available. Helping unemployed people living on welfare find work is one thing, helping them find a stable job is another challenge. Attempting to establish a program to help th e unemployed find work would be a waste of time and effort if the jobs people get are ones where they are stuck earning minimum-wage and struggling to make ends meet. There are people who live in poverty who hope that they can have a career one day and make something of themselves, which would be impossible working a dead-end job and not having enough money for college. Welfare will pay roughly $650, and minimum-wage is around $7.25 an hour, depending on the state. Even if someone living on welfare manages to find a job, they would be no better off than when they were on welfare, because what theyre earning would barely be enough to support one person, let  Hernandez 4alone a family. People on welfare looking for work will most likely be stuck working a minimum-wage job for the rest of their lives because theyll never be able to afford to go to college (Semuels, theatlantic.com). In a survey conducted by Huffington Post, 53 percent of people agreed that a college education is important is you want to have a good life, and 54 percent said it is important to be able to pay for college, 62 percent said that they believe most people cant afford to pay for college (Kingkade, huffingtonpost.com). If a program were established to help people on welfare find work, it should also help them find work that will pay them enough for their families and help them go back to school if they want. Not everyone who works minimum-wage jobs after high school does it by choice, some of them may way want to go to college but dont have the money for it. The low pay that minimum-wage workers receive is simply not enough for someone who wants to move up in life. A possible solution for minimum-wage workers who dont earn enough money, would be to increase the amount of money they make. The minimum-wage for most places is about $7.25 an hour, some states have already started to increase their hourly wages. For example, New York City plans to raise its hourly wages to $15 an hour this year. According to research, raising the minimum-wage to $15 an hour in California would increase state earnings by 38 percent, and more people would get to keep their jobs and not risk losing them (Dixon, talenteconomy.io). Raising the amount of money that minimum-wage workers earn can be a huge help, since the biggest problem for them is that $7.25 is not considered a livable wage today. Because low-wage workers dont get enough money to make ends meet, they may be forced to take on second job, or even a third one, making their already stressful life even more stressful.Hernandez 5 Raising the minimum-wage for workers sounds simple but doing so would also bring on some challenges of its own. While some states and workplaces have experimented with raising minimum-wage, others refuse to because of the possible consequences it could have to their business. For example, raising wages means that employees earn more money, it also means that the place they work for runs the risk of losing money that they need to keep their business running. This also raises the concern that raising wages will cause business to lose so much money, that they will have be forced to let people go in order to save money, people will end up losing their jobs as a result (Dixon, talenteconomy.io). When the point is to make things better for people who work low-wage jobs, it would be more detrimental than helpful to raise the minimum-wage if people are let go because the people they work for cant afford to keep them on. Helping people on welfare get jobs would also require helping them get a job that will pay them enough so that wont be worse off than when they were on welfare. An issue that minimum-wage workers have to deal with is being treated unfairly by their bosses. People who work minimum-wage are already forced to deal with working inconsistent hours for a small amount of pay, and for a job that will more than likely get them nowhere in life, dealing with terrible bosses and working conditions makes it worse. Some of the issues these workers are forced to deal with include working with an inconsistent schedule, lack of benefits, lack of sick days, and the fact that at any moment you could be replaced by someone else whos looking for a job if youre not performing your job adequately. As an excuse to not have to give benefits to employees, bosses will have their employees work fewer hours, and the employees will also be paid less as a result, some making as little as $2 a day (Cepeda, columbiatribune.com). Companies that mistreat their employees include Family Dollar, which  Hernandez 6forces their employees to work unpaid overtime and do the hardest jobs. Target, who in the past has threatened any employees who express a desire to unionize. Microsoft, who in 2013 decided to stack rank their employees, which meant that any low-ranking employees were fired. Walmart has a reputation of paying their employees exceptionally low wages and is considered one of the most degrading jobs one could possibly have. Alternet published an article where they interviewed Victoria Alvarez, a Walmart employee at the time, asking her about her experiences working there. She started working for $9 an hour, then started receiving $11 an hour, she was forced to borrow money from friends because she and her husband couldnt afford to pay for their mobile home. She and several other employees were forced to do the work of three or four employees. When she developed carpal tunnel syndrome and was given a doctors note saying she needed modified work, they moved her into pushing cars despite having a bad knee. When Alvarez developed appendicitis, she was left with a $22,000 bill because her health insurance with Walmart wouldnt cover it (Figueroa, alternet.org). Being forced to work fewer hours and making $2 a day can also make it even harder for someone who is struggling to make rent or has a family to care for. There are people out there who do not want to rely on welfare to take care of themselves or their family and want to work to earn their money. These people do not deserve to be treated unfairly like this when they go out of their way to work long hours in jobs that do not pay enough.The thought of employers mistreating employees is a common concern for people looking for work. Working in a job where ones boss, coworkers, and customers (if youre working in retail or fast-food) are mistreating them, that may kill the employees morale and desire to keep working. Even without being treated unfairly, these employees are stuck working  Hernandez 7long hours for very little pay and working a job where theyll most likely never get an opportunity to start a career or move up in life. Some examples of companies that treat their employees right include Wellstar Health System, which offers their employees pension plans, concierge services, and the ability to make their own schedule. ROCA is a company that hires people with substance abuse and criminal records, and have a hard time finding a job, and if someone gets fired they always have an option to get rehired and see what they did wrong the first time. Wist Office Productions allows their employees to switch jobs around temporarily or permanently, they do this so of all their employees can work happily. Point B Consulting is a company that requires its employees to travel and working for them can be demanding as a result, they allow their employees to work their own schedule, and dont force them to travel farther than they are comfortable with to avoid burnout (Johnson, theatlantic.com). Employers should remember that these are not slaves, or servants, they are people who are working long hours because if they dont, they will have no way to pay their rent, or care for their families, these people deserve better. More employers should follow the example of these companies. Just by giving employees sick days, giving them second chances when making mistakes, or letting them work around their schedule would be enough for them to consider working for an employer.The idea of establishing a program to help people living on welfare get jobs sounds simple, but it is easier said than done. There are several obstacles that would have to be gone through in order to start this kind of program. Not only would there have to be enough jobs for people to get work, they would also have to pay a livable wage, so people wouldnt be worse off  Hernandez 8than when they were on welfare. They would also have to be jobs that treat their employees well and have good working conditions. Works CitedWeissmann, Jordan. Why the Poor Dont Work, According to the Poor  Few say its because they cant find jobs. But is that a reason to take away their food stamps? 23 Sep. 2013. Accessed 19 Mar. 2018.Covert, Bryce. No, the Poor Arent Poor Because They Refuse to Work  17 Jun. 2014. Accessed 19 Mar. 2018.Semuels, Alana. The Near Impossibility of Moving up After Welfare  In the Wake of Welfare Reform, Unemployed People are Pushed to Quickly Find Work. But too Often Those Jobs Lead Nowhere, 11 Jul. 2016. Accessed 21 Mar. 2018Dixon, Lauren. How Does The Minimum Wage Impact The Economy?  14 Jun. 2017. Accessed 29 Mar. 2018.Cepeda, Esther. Minimum-Wage Jobs Use, Abuse Workers.  11 Oct. 2015. Accessed 31 Mar. 2018.M., Morris. 10 Companies That Treat Their Employees Even Worse Than Amazon  24 Aug. 2015. Accessed 1 Apr. 2018.Johnson, Fawn. These Companies Know How To Treat Employees Right  Its possible to make workers lives easier without losing money even in industries with shift workers or manual laborers, 9 Dec. 2014. Accessed 2 Apr. 2018.Figueroa, Alyssa. Working For Walmart Is Worse Than You Think 26 Nov. 2014. Accessed 9 Apr. 2018.Kingkade, Tyler. Most Americans Say They Cant Afford Public College 27 Aug. 2013. Accessed 9 Apr. 2018.Whats The Price Tag For A College Education? Accessed 11 Apr . 2018.

Wednesday, January 1, 2020

International Healthcare Comparisons - 1741 Words

International Healthcare Comparisons Globally, countries struggle with the challenge of providing adequate healthcare services to all their citizens. The United States spent approximately 17.6% of its GDP on healthcare in 2010, which could escalate to close to 19.6% in 2021 if cost containing measures are not put in place to control healthcare spending (The Commonwealth Fund, 2012). Even with this large amount of healthcare spending, the U.S. has almost 50 million residents without health insurance and 29 million who are underinsured (The Commonwealth Fund, 2012). Tanner (2008) estimates â€Å"total U.S. healthcare spending exceeds $1.8 trillion dollars, more than Americans spend on housing, food, national defense, or automobiles† (p.2).†¦show more content†¦Healthcare Rationing One important factor all of healthcare systems need to take into consideration when developing policies is the ease for patients to access services. Rationing in countries with universal he alth systems occurs in several forms. In Great Britain, wait times are a major problem resulting in long delays to be admitted to hospitals, cancer patients not receiving timely treatments, and long interval times to see specialists (Tanner, 2008). Tanner (2008) states chronically ill patients may not be able to receive treatment at all because their illnesses is not considered a cost effective endeavor. Lopes, Coppola and Rise (2010) explain the National Health Service (NHS) has made some efforts to address the long wait times, especially for specialist treatments by contracting with private health sector to decrease the length of time Britons have to wait for services. Britons can also purchase private health insurance independently or receive it through their employer if they want access to more timely services; however, they cannot opt out of the national program (Lopes, Coppola, Riste, 2010). 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