Policy of Hong Kong in Healthcare System Essay Example | Topics and Well Written Essays - 3000 words

Policy of Hong Kong in Healthcare System - Essay Example The paper presents that in the era of globalization and advanced technical knowhow countries are making significant reforms in their various sectors. In such a respect Hong Kong is also not left behind. The country has made a number of alterations within the healthcare sector. The reforms have been directed towards providing better health care services to the country’s citizens. The Department of Health is entrusted with framing policies for country’s healthcare care services and also to facilitate efficient allocation of resources. It has implemented new policies and modified existing policies. Several modifications have been made in healthcare practices and management. New pricing policy has been introduced in Hong Kong healthcare sector. The country in 2002 has introduced charges for patients who are admitted in hospitals under emergency situation or after meeting with an accident. The reforms have lead to noticeable reduction in death rates and increased life expect ancies. Better treatment is available from efficient health care professionals at a considerably low cost. Keeping this at the backdrop the current paper tends to present a critical review of the pricing policy that has been implemented for the health care system of Hong Kong. The public hospitals and clinics in Hong Kong receive a good amount of subsidies from the government so as to provide medical treatment to the citizens at the lowest possible cost. The government despite such high quality medical care has imposed low rates of taxes. However government is expected to bear the burden of expensive medical facilities which is likely to increase in the upcoming years. The estimates have shown a continuous increase in governmental expenditure for health care (Development and Financing of Hong Kong’s Future Health Care, 2007). Pricing Policy of Hong Kong Healthcare System Health care services in Hong Kong are considered to be a mixed one. The public sector has taken up the res ponsibility to give 92 percent of the hospital services. About 85 percent of primary care is provided by the private sector. Most people approach public hospitals for complex diseases in Hong Kong mainly due to the low cost of treatment (Fitzner, Coughlin, Timori and Bennett, 2000). The fees charged by public health care institutions in Hong Kong are very much less compared to other countries. Government has imposed strict regulations on these public sector fees. However patients have a hard time trying to get to the physician. The healthcare system is very time consuming. Patients have to pay a high cost in terms of inconvenience and time consuming treatment. Physicians often send their patients to emergency department in order to get a simple diagnostic test done. The emergency department remains filled with such patients depriving the actual needy ones from proper treatment (Hay, 1992, pp.35-36). However medical treatment for diseases like tuberculosis is performed free of cost. However to make such a low cost medical system sustainable for the country is a major challenge before the government (Hong Kong (China), 2010). It is becoming increasingly difficult for the government to meet the expenses of such low cost medical treatment. Recent economic predictions have shown increase in tax rates to finance healthcare needs. Such a pricing policy under health care system have made even the richer sections rush to public hospitals for treatment. The demand for such health care facilities has been continuously growing (Hay, 1992, p.51). Clearly Hong Kong has adopted a non- interventional for its public healthcare system. The pricing policy was aimed at providing medical facilities to those sections of population that cannot afford medical treatment elsewhere. Reforms have also been made in the structure of funds in Hong Kong to adopt such

Relationship Essay Example | Topics and Well Written Essays - 1000 words

Relationship - Essay Example on to jobs as service crew at two ice cream parlors and later on transferred to a travel agency as an accounting assistant and travel agent at the same time. I did all this to help my mother who is the only close family member with me here in America. My father passed away some years ago and all my determined efforts are both to help out my mother and prove to myself and perhaps to my late father that I can make it out on my own. My job at the travel company entailed a lot of accounting work and was happy this is so because it closely correlated with my college degree. My fluency with both Chinese and English together with a third language was really a big help in my job with this casino-related travel company where I got to meet lots of people, greatly improved my marketing and selling abilities, enhanced my people skills and most importantly, gave the needed practice to boost my self-confidence. This job also gave me the much-needed work experience which was all more valuable as it related to what I am pursuing in college. Hardships I had encountered made me a stronger person and I hope this will help make me realize my full potentials. I am ambitious and totally focused on my life goals; probably also because I am a woman. If a person will ask me why I strive so hard, I will perhaps answer it is because I am a woman and I need to prove to myself and everybody that I can do the same job even better; that I can also accomplish great things when given the chance. I consider this opportunity to study in the United States as a rare once-in-a-lifetime chance which I will obviously not just squander away doing inconsequential things. I dream big and aspire for bigger things to come. At the moment, I had temporarily given up my job to concentrate on my studies and I intend to fully achieve my dreams by totally focusing on it for the time being. I also know that sometimes it is harder for a woman to get ahead in this society despite some progress towards gender

Impact of Democratic Principles and Policies Application on War Essay

Impact of Democratic Principles and Policies Application on War Incidence - Essay Example This essay provides a comprehensive analysis in order to establish the specific impact of democracy, as well as economic integration and international institutions, on the prevention of wars. It also aims to establish, how the application of these democratic concepts affects the actual occurrence of war and of any other violent encounters within and among states. Human history has been riddled with various incidents of violence and wars. Wars have had causes, including poverty, social stratification, ethnic differences, as well as political differences. Wars have been seen within states, but mostly, it has involved one or more countries. Liberals argue that various instruments – democracy, economic integration, and international institutions – make wars less likely. They argue that where people have more freedom, they are less likely to take arms against the government or other countries; where they are more economically coordinated with each other, they are also less likely to declare wars against each other; and where international institutions are in place, the incidence of wars can be reduced or even eliminated. Others are however not convinced of these possible preventive measures for wars. Democratic pacifism seems to be the main basis of the contention that democracy makes wars less likely. Its ideas are based on the following premises: democracies rarely if ever go to war against each other; democracies tend to be more peaceful than dictatorships; democracies tend to have less internal violence.

How business adjusts (fails to adjust) to the change in its external Essay

How business adjusts (fails to adjust) to the change in its external environment - Essay Example The main objective of this study is to understand how organizations adjust in change, more specifically a change coming from the external business environment (Kazmi, 2008). Introduction It has been seen that entrepreneurs operate with respect to the environment in which they are established. There is a significant relationship which businesses have with their respective external environment (Chidi et al., 2011). Though environment brings opportunities for the business like growth opportunity or expansion opportunity, but there are certain threats too like competition or rivalry. Environment has three major components including globalization, market and competitors which can change rapidly or be rigid for a longer aspect of time (Adekola & Sergi, 2007). It all depends on how the market evolves and how businesses compel in the present environment situation. Hence the progress of entrepreneurs depends on two things, first how much they accept the change from environment components, and second how quickly they adjust to that change (Chidi et al., 2011). Interaction is very important in this respect as it sets the ground for developing a positive relationship between the entrepreneur and its environment (Chidi et al., 2011). ... Theoretical background When entrepreneurs adjust to the change they have to analyze each components of the external environment. According to modern literature, components include the market, the competitor and company’s individual business domain. All areas are parts of company’s external environment and come out separately in devising company’s growth or expansion strategy (Weiss et al., 2008). Globalization is one of the major components of external business environment, holding a direct influence for companies at the time of change (Adekola & Sergi, 2007). When companies are highly internationalized, they have to review all the features (culture, politics, society, and economics) associated with globalization in order to appropriately adjust to the change (Adekola & Sergi, 2007). Multinationals often find it a challenge, as they have to analyze all the features which are important from their global business point of view. This is one core requirement which hy per-globalists have to fulfil; otherwise they are out from competition or even out from the state of heading forward (Singla, 1993). According to several classical business theories like The Uppsala Model, when entrepreneurs are in a position to internationalize, they should target the developing regions, where new markets are waiting and new trends can be set (Jain & Griffith, 2012, pp.136). Companies can become pioneers in those regions if they understand the diversity and cultures of the new place. With respect to the Uppsala model, business expansion is itself a change where adjustment can be brought if organizations make the right decision. A right decision for an expanding entrepreneur would be to target the developing nation, where there is less

The Struggles of African Slaves Essay Example | Topics and Well Written Essays - 750 words

The Struggles of African Slaves - Essay Example No one knows who that was until Nunu reveals a secret to the main character. She tells Shola that she was raped by a white man while being shipped for a trade. There is one more argument which proves that slaves were treated as objects and property. At the beginning of a film when Mona appears to be in the past, we see that white masters catch her and burn a brand on her skin with sizzling hot metal. Animals on farms also get such brands to show who they belong to. Such scenes help the viewers to understand how mistreated the African slaves were, and how desperate their lives were. Apart from sexual abuse, the enslaved people were subject to other types of discrimination. They suffered a lot from physical violence of their masters. Slaves were constantly brutally beaten for every fault and for each act of disobedience. There were special places where the slaves were tightened and severely whipped. The beating was conducted with such a strength that in many cases the victims did not s tand it and died. In one of the scenes from Sankofa, a pregnant woman Kuta is whipped to death, not having any more strength to stand the pain. To crown it all, the cruelty of white masters was sometimes aimed at innocent slaves. If there was some kind of a rebellion or disobedience, slave owners wanted to punish Africans. If they could not find guilty ones, they simply took a random group of innocent people and punished them severely. Poor slaves were locked up in small wooden cages, hung high on trees and left there until they died.

Financial part of group case study about material Assignment

Financial part of group case study about material - Assignment Example Generally, business firms require capital for meeting long term financial needs and for meeting working capital needs. Long Term Financial needs include cost for purchase of building and plant and machinery. Roberto (2007:2). This amount would remain blocked for more than one year. It may even remain blocked for the entire life of the project. Hence, the purchase of plant and machinery, Land and Building that is, Fixed Assets has to be funded through Long Term Sources of Finance. All these capital expenditure decisions involve huge investments, however the benefits of the same can be perceived in the Long Term only. Moreover, these expenses are irreversible in nature; this means that once the expenses are incurred they cannot be altered. Hence, these expenditures need to be planned carefully to avoid liquidity crises. The firm has planned to meet the Long Term Capital needs through Owner's Capital and long term debt from relatives. We conclude that this is a sound decision as it redu ces the liquidity risk. Firms also require capital for meeting short term financial requirements include working capital which means the capital required for meeting the short term cash requirements for purchase of raw materials etc. Robert (2001:3). These are generally held in form of cash, for meeting short term requirements. ... Moreover, money can be blocked in accounts receivables, customers to whom goods are sold on credit basis. Liabilities are economic obligations of a business towards others to pay money or provide goods or services. Ronald (1986:4). There may be short term liabilities which need to be paid such as accounts payables, bills payable, outstanding expenses etc. The current assets and liabilities have to be managed efficiently. The firm is kept 1000 for meeting working capital needs, in order to fund the purchase of raw material and meeting short term manufacturing expenses. Cost of Capital The capital of the firm includes 40,000 loan (debt) and 10,000 as owner's capital (equity). The cost of capital of a business is the minimum rate of return it should earn to satisfy the various categories of investors who have contributed to the capital of the company. We have to determine the Weighted Average Cost of Capital. Roger, Shannon (2008:5). Here, we take debt and equity as weights. The rate of return required by equity investors is higher than the return required by debt holders. This is because there more risk associated with equity capital than debt capital. The debt capital holders will receive a fixed interest income every year and the equity shareholders receive dividends only in case there is profit. Hence, the rate of return required by equity shareholders is assumed to be 20% and the interest cost on debt is @ 8% p a. The interest cost is tax deductible. Hence, it reduces the cost of capital significantly. The weighted average cost of capital (WACC) is determined by the following formula: D/(D+E) X Kd (1-T) + E/(D+E) X Ke Here, D = Debt Capital E = Equity Capital Kd= Interest rate on Debt T = Tax

The Struggles of African Slaves Essay Example | Topics and Well Written Essays - 750 words

The Struggles of African Slaves - Essay Example No one knows who that was until Nunu reveals a secret to the main character. She tells Shola that she was raped by a white man while being shipped for a trade. There is one more argument which proves that slaves were treated as objects and property. At the beginning of a film when Mona appears to be in the past, we see that white masters catch her and burn a brand on her skin with sizzling hot metal. Animals on farms also get such brands to show who they belong to. Such scenes help the viewers to understand how mistreated the African slaves were, and how desperate their lives were. Apart from sexual abuse, the enslaved people were subject to other types of discrimination. They suffered a lot from physical violence of their masters. Slaves were constantly brutally beaten for every fault and for each act of disobedience. There were special places where the slaves were tightened and severely whipped. The beating was conducted with such a strength that in many cases the victims did not s tand it and died. In one of the scenes from Sankofa, a pregnant woman Kuta is whipped to death, not having any more strength to stand the pain. To crown it all, the cruelty of white masters was sometimes aimed at innocent slaves. If there was some kind of a rebellion or disobedience, slave owners wanted to punish Africans. If they could not find guilty ones, they simply took a random group of innocent people and punished them severely. Poor slaves were locked up in small wooden cages, hung high on trees and left there until they died.