Thursday, February 20, 2020

Facilitating Change in Health and Social Care Assignment

Facilitating Change in Health and Social Care - Assignment Example The researcher therefore focuses at the main factors that drive change in the health sector through cross-examining CQC’s report on Royal United Hospital Bath. Discussing a number of key factors driving change in the health as well as social services through examining strengths, weaknesses as well as opportunities and threats, therefore, remains essential. Strengths relate to organizational aspects that include resources, both physical and financial, expertise staff and other internal factors of an organization. Through identification of opportunities from the external environment that rhyme with the internal capabilities, organizations capitalize on the strengths. Weaknesses on the other hand amount to deficiencies arising from incompetent resources of an organization (Whitten, 2009, pg. 117). Poor services or bad reputation of an organization serves as the major weaknesses within an organization setup. Leaders and managers, therefore, need to work on correcting those weaknesses that reduce organizations effectiveness as well as damaging the organization. Opportunities arise from external environment changes. Changes in government policie s or technology fall under that category. Organizations take advantage of presented opportunities in order to grow current services. Threats, on the other hand, relate to external factors presenting risks to the organization. Change of government policies and technological changes forms the major risks that face existing organizations. Examining the weaknesses and threats posed by these factors will enhance responsible institutions to develop achievable strategies to cope with these challenges. The first factor relates to Legislation. Legislation relates to government programs that involve funding and the NHS as the major body entrusted with controlling the health and social services sector. Government control of the health sector remains an

Tuesday, February 4, 2020

Accounting Theory Essay Example | Topics and Well Written Essays - 4000 words

Accounting Theory - Essay Example There were implications of the non working of the capital market to reflect the different factors that could have brought the prices of Enron’s stock price. This could be dramatized in the loss to trust of the investors in the reliability of the financial statement of all other companies which are listed in the stock exchanges. This fact was confirmed by surveys. It was found also that there are kinds of asymmetry of information which may prevent the efficient operation of capital markets. It could be the "moral hazard" type and the adverse selection type, which were both analyzed to have caused the demise of Enron. It was also further found that there could be perspectives in the choice of accounting policy that could affect the very life or the probability of success of a corporation. One is under the efficient perspective of positive accounting theory; where management would be encouraged to works first for the firm and the stockholders before their own. Such perspective has also its grounding in cost effective accounting system that would promote accountability with the company’s assets. On the other hand there is the other perspective, which is called opportunistic perspective positive accounting theory. It was found theoretically that the efficiency perspective was the very opposite of the opportunistic perspective and therefore its adoption could actually prevent the operation of the latter. What happened then in the Enron was that there was the adoption of the opportunistic perspective. Such adoption was evidenced in the design of the compensation system of the company executives as well as in the retirement system of the employees. Enron was virtually under a situation where the executives will have to choose committing fraud or taking risk because of their (executives) tendency to rather make themselves rich before the company under the opportunistic perspective of accounting theory. At the last part of the paper, Enron