...understanding. Learning about money and how it works is an important aspect, as well as understanding products like credit, loans, and investments. Competency in managing money appears to be a skill that doesn’t come naturally to everyone. Unless a person is exposed to the practice of money management, he/she is less likely to understand how it works and it long-term benefits. Without a financial education, it is easy to develop poor spending and financial habits resulting in significant negative consequences such as a poor credit rating, denial of credit, rejection for a checking account and bankruptcy, to name a few. Early financial literacy is the best way to prevent such consequences. In essence, personal financial literacy is much more than managing and investing money. It also includes making all the pieces of your financial life fit together. Achieving Financial Success you must understand and determine where your money goes. Here’s how you can start: Analyzing cash flows Taking advantage of opportunity cost. Taking control of your spending. Continued on page 2 Reviewing your budget can help you to plan for a successful future: Allocation of excess cash Establish an emergency fund Invest additional assets Make extra payments to reduce debt Plan for the future shortages Building your financial knowledge through: Financial...
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...Violence Against Nurses in the Emergency Department Kimberly L. Kirk Professional Nursing Practice of the Baccalaureate Nurse August 8, 2014 Violence against Nurses in the Emergency Department According to the National Institute for Occupational Safety and Health, workplace violence is defined as “an act of aggression directed toward persons at work or on duty, ranging from offensive or threatening language to homicide” (Wolf, Delao & Perhats, 2014, p.305). Workplace violence (WPV) can include verbal, physical, and emotional abuse, or any type of threatening behavior that can cause physical or emotional harm. According to the Emergency Nurse’s Association Position Statement (2010), “workplace violence is a serious occupational risk for the emergency nursing workforce and has been recognized as a violent crime that requires targeted responses from employers, law enforcement, and the community.” Due to the lack of research concerning workplace violence and other barriers such as underreporting, failure to prosecute, and lack of management support the enormity, of this issue is grossly underrepresented. Individuals who assault ER nurses should be prosecuted. Without increased and consistent prosecution for assault on emergency nurses, patients and families will still think it’s acceptable to physically or verbally assault a nurse. As the ENA position statement (2010) proposes, stronger legislation is necessary to help decrease the view that violence...
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...and investment disappointments can affect your personal and financial well-being. An assessment of your situation can help define your present financial status as well as prepare for future planning, saving, spending and dealing with financial emergencies. Preparation for changes and challenges to finances can contribute to increased financial security. ------------------------------------------------- Assessing and Managing Your Financial Situation: Detailed Information This information is meant to be a general introduction to this topic. The purpose is to provide a starting point for you to become more informed about important matters that may be affecting your life as a survivor and to provide ideas about steps you can take to learn more. This information is not intended nor should it be interpreted as providing professional medical, legal and financial advice. You should consult a trained professional for more information. Please read the Suggestions and Additional Resources documents for questions to ask and for more resources. Cancer and its treatment can leave a survivor with need to review current and future financial goals. Dealing with financial matters might seem overwhelming. However, an assessment of your current situation can help define your present financial status, as well as prepare for future needs. Planned spending may help you avoid financial problems and be better prepared to deal with unexpected emergencies. As a survivor, you are likely to be very aware...
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...Maintain workplace safety in the property industry Question 1 Explain in your own words the purpose of the Occupational Health and Safety Act 2000 in New South Wales and other similar Acts in other States and Territories. The Powers of the Health and Safety Representative A health and safety representative has the power to: Identify Workplace Hazards The health and safety representative has the power to identify workplace hazards. This power is usually exercised by conducting workplace inspections. Obtain Information from the Employer The health and safety representative is entitled to the same information available to a joint committee member. Under the Act, the employer must share with the representative any such information that he or she has. Be Consulted about Workplace Testing If the employer intends to do testing of any kind in or about the workplace and related to occupational health and safety, the representative has the right to be consulted before the testing takes place. Make Recommendations to the Employer The representative has the power to make recommendations to the employer on ways to improve workplace health and safety–the same power given to joint committees. Investigate Serious Injuries If a worker is killed or critically injured on the job, the representative has the right to inspect the scene where the injury occurred and any machine, equipment, substance, etc., that may be connected with it. Duties of employers...
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...Personal Budget, Balance Sheet, and Cash Flow Statement ACC/547 January 21, 2013 Personal Budget, Balance Sheet, and Cash Flow Statement Memo: Some people save less than their financial capacity is and this fact leads them to serious financial problems and lack of financial security. Therefore, successful money management should be a life decision undertaken at the early adulthood in order to plan money distribution effectively that would eventually provide financial prosperity. The purpose of this memo is to analyze my client's financial situation, their personal budget, balance sheet, and cash flow statement and give them recommendations and support for improving their financial situation. My client, John Morgan is a 49 year old engineer who is married and has two dependents. Kate Morgan, John's spouse is a 43 year old teacher and the mother of those two children. My client and his family live in a gorgeous 4-bedroom house, in a nice neighborhood with a good school district. Although, the family leads a peaceful life their financial situation is in a great disarray. Though, John and Kate make together close to $140,000 a year they don't have much of a life savings, or emergency fund, and too much credit card debts. In order to help them understand the significance of saving more money instead of spending it, personal balance sheet, cash flow statement, and budget need to be prepared. Personal balance sheet reflects their assets and liabilities and determines...
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...Development of WHS Management Plans COP | Code of Practice | D&C | Design and Construction | MSDS | Material Safety Data Sheet | NUL | National Uniform Legislation | NTG | Northern Territory Government | PC | Principal Contractor | PCBU | Person Conducting a Business or Undertaking | PPE | Personal Protective Equipment | SWMS | Safe Work Method Statements | WHS | Work Health and Safety | Practice and code PCBU | A Person Conducts a Business or Undertaking whether:- Alone or with others- Is conducted for profit or gainIt includes partnership or an incorporated association.Note: Employer is captured under the definition of PCBU(Refer to Subdivision 2, Section 5 of the WHS Act 2011). | PC | A PCBU that commissions a construction project is, thePrincipal Contractor (PC) for the project.If the person engages another PCBU as PC for theconstruction project and authorises the person to havemanagement or control to the workplace and to dischargethe duties of a PC, the person so engaged is the PC forthe project.Note: Construction projects can only one PC at anyspecific time.(Refer to Reg 293 of the WHS (NUL) regulations). | A Work Health and Safety (WHS) Legislation was developed as a result of acomprehensive national review into work health and safety laws across Australia, whichinvolved substantial public consultation. This initiative provided a framework to protectthe health, safety and welfare of all workers at work and of all other people who might beaffected by the work...
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...CHAPTER 2 MEASURING YOUR FINANCIAL HEALTH AND MAKING A PLAN CHAPTER CONTEXT: THE BIG PICTURE As the second chapter in the four-chapter section entitled “Part 1: Financial Planning,” this chapter introduces the processes and financial statements associated with financial planning and budgeting. The fundamentals of record keeping and statement analysis are discussed. Also introduced in this chapter are the financial ratios and how they are used to gauge financial health. These financial statements and formulas lay the foundation for understanding the overall picture of financial planning and Part II: Managing Your Money. An important message to students in this chapter is the importance of starting a financial plan early in the life cycle. Time is one of the biggest allies for a successful plan. CHAPTER SUMMARY This chapter establishes the importance of good record keeping and the use of financial statements. Balance sheets and income statements are the basis for most financial analysis, including the calculation of ratios to measure financial health. The financial ratios discussed measure liquidity, debt, and savings. Strategies for developing and using a cash budget are explained within the broader context of financial planning. The benefits of budgeting, whether for individuals in financial trouble or for those seeking more control over their money, are considered. Lastly, the role of professional financial planners, their services and their costs...
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...ANSWERS TO CONCEPT CHECKS, FINANCIAL PLANNING PROBLEMS | | |AND QUESTIONS, AND CASES | CONCEPT CHECK ANSWERS Concept Check 2-1 (p. 38) 1. What are the three major money management activities? The three major money management activities are (1) storing and maintaining financial records and documents, (2) creating personal financial statements, and (3) creating and implementing a budget. (p. 36) 2. What are the benefits of an organized system of financial records and documents? An organized system of financial records provides a basis for: (1) handling daily business activities, such as bill paying; (2) planning and measuring financial progress; (3) completing required tax reports; (4) making effective investment decisions; and (5) determining available resources for current and future spending. (pp. 36-37) 3. For each of the following records, check the column to indicate the length of time the item should be kept. “Short-time period refers” to less than five years. |Document |Short time period |Longer-time period | |Credit card statements |X | | |Mortgage documents | |X | |Receipts for furniture, clothing |X | ...
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...Crisis Management Communication Plan There are unquestionably infinite configurations of crisis situations to be prepared for, real or imagined. Unsurprisingly, the surge of zombies in mainstream society has granted credibility to an idea that a zombie apocalypse might manifest. The proliferation associated with this unique theory has encouraged scores of citizens to contemplate, “How do I ready for a zombie apocalypse?” Even though zombies are hype, they effortlessly link within our imagination of disaster and emergency preparedness as seen in the Centers of Disease Control and Prevention advertising maneuver in 2011. The agency trusted it to be an excellent stimulus to get the public to pull together for an emergency. One must be prepared for terrorist/zombie attacks, natural disasters or pandemics. This paper will target the communication plan employed in a health care organization during a crisis management. Moreover, it will include how communication dynamics differ in times of disaster, three solutions to reduce stress during a crisis and three approaches to resolve potential communication challenges. Disasters are the ultimate test of emergency response capability (The Centers for Disease Control and Prevention, 2011). A health care organization needs a crisis communications plan to successfully handle unexpected and unstable conditions of extreme danger. No matter what the role is, nurse, physician, emergency preparedness coordinator or facilities manager — everyone...
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...Objectives Corporate Governance –What it means for OSH Identify some common Safety Management Systems (SMS) Essential Elements required for managing occupational safety and health in organisations What is Health & Safety Management? Practices that contribute to the effective control and sustained reduction in incidents, which have the potential to result in acute and chronic deleterious effects to employees and other exposed persons. Is it all about reducing incidents? What is Governance? ‘ The system by which organisations are directed and controlled by their board of directors’ (Jacqui Boardman, Acona Ltd.) Role of the Board Setting overall direction for the business or organisation Establish boundaries within which the organisation operates Monitoring the organisations performance Key Elements of Governance Lead & establish overall strategic direction Set standards & values for business Set clear objectives & responsibilities for management Hold management to account for their performance in running the business Uphold obligation to the shareholder & other interested parties Overseeing internal controls Key Drivers in OHS Governance Moral Responsibility - duty of care, societal concerns, personal drive Legal Responsibility - legal compliance, prosecution, penalties, licensing requirements Financial Responsibility “ It has to be said that a concern for safety which is sincerely held and repeatedly expressed...
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...products and services, and valves and controls. TYCO is also a globalized (in more than 60 countries) and very diverse company, which requires great management to operate efficiently. Of the four main functions of management, planning is the function that comes first and is needed to lay out the foundation and goals a company will pursue. TYCO’s mission statement states, "We will increase the value of our company and our global portfolio of diversified brands by exceeding customers' expectations and achieving market leadership and operating excellence in every segment of our company" (Tyco, 2004). Some of TYCO’s goals include: governance, customers, growth, teamwork, culture, operational excellence, and finance strength and flexibility, and the best way for them to achieve these type goals is through management. They must define strategic, operational, tactical, and contingency plans to serve the organization in the best way possible. While doing this management must also keep in mind the legal, ethical, and social responsibility influences there are on that organization. TYCO management of all four divisions of TYCO should keep in mind all of these factors. Strategic Planning Strategic planning usually involves decisions regarding the long term goals of an organization, and is predominately handled by upper management. Strategic goals typically include measuring the growth in profit, market shares, quantity, quality, productivity, and customer satisfaction. These...
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...Nurses need to develop a professional mission statement that defines our understanding of nursing concepts, our professional strengths and our critical thinking abilities. A. Functional Differences A regulatory agency, such as the Virginia Board of Nursing (VBON), is state government agency that exists solely to enforce the laws that regulate nursing practice. The BON protects the public’s safety and welfare by outlining the standards for safe nursing care, issuing licenses to practice nursing and monitoring compliance to state laws (McDaniel, 2013-14). The BON will investigate complaints of nurses not in compliance with the nurse practice act and will take necessary disciplinary action against nurses found in violation. In addition, BONs approve pre-licensure nursing education programs and oversee the licensure examination of nurses. All health care professionals must pay licensure fees in order to practice legally in their state. These activities assure that the public is cared for by qualified individuals (McDaniel, 2013-14). Professional nursing organizations have the same goal as BONs, to protect the public, however the method by which it is accomplished is functionally different. Nursing organizations are nurses working together to develop professional standards and practices, codes of ethics, and to promote and to protect to economic and general welfare of nurses (McDaniel, 2013-14). The mission of the Emergency Nurses Association (ENA) is to “advocate for patient...
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...Consideration or evaluation of all alternatives should be done due to the dilemma. Manager should make the final decision and make a test of the decision and see how the outcome will be (Balle, 2015). Weaknesses in final statement When Carrie Wilson was hired as a Nursing Manager of the Emergency Department of County Hospital, her style brought adverse reaction from almost everybody including the “good” professional nurses (Liebler, 2012, Chapter 4). The action of Carrie Wilson, as a Nurse Manager, in enforcing long ignored hospital rules has its merits yet should involve staff in the decision-making process. Staff should feel that they are involved in the process. If everyone participates in the decision-making process, there will be less resistance because after all they were the one making the decision. What has been wrong with the approach The staff worked in the emergency department at the County Hospital and they were used to the way things were run and were comfortable with it because the regular manager was the “Invisible Nurse”. When Carrie was hired on as an outside manager she made some changes, but the staff didn’t take to the changes well. Carrie insisted on reinforcing rules that have been ignored. She reinforced the dress code, took away personal phone calls during work hours, tardiness, bar food and drink, items for reading in...
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...Emergency Care Group Marketing Plan April 1, 2009 TABLE OF CONTENTS 1.0 EXECUTIVE SUMMARY 3 2.0 SITUATION ANALYSIS 3 3.0 MARKET ANALYSIS 4 3.1 Market Demographics 4 3.2 Market Trends 4 3.3 Market Growth 4 4.0 COMPETITIVE ANALYSIS 4 5.0 FINANCIAL OVERVIEW 4 6.0 MARKETING PLAN 6 6.1 Marketing Objectives 6 6.2 Marketing Strategy 6 6.3 Action Plan 6 6.3.1 Products and Services 7 6.3.2 Pricing 7 6.3.3 Advertising and Promotion 7 6.3.4 Distribution 7 7.0 FINANCIAL ANALYSIS 7 8.0 CONTINGENCY PLANS 8 Difficulties and Risks 8 Worst-Case Risks 8 REFERENCES 9 Financial Appendix 10 Table 1 – Emergency Care Group Pro-Forma Income Statement 10 Table 2 - Emergency Care Group - Revenue Forecast 11 Table 3 - Emergency Care Group - Expense Forecast 11 1.0 EXECUTIVE SUMMARY 2.0 SITUATION ANALYSIS 2.1 Company Analysis 2.1.1 Strengths • Continous growth over the past seven years • Owner had experience in small rural hospitals and with staffing companies • Contracted with an extensive pool of credentialed emergency physicians • Offered value-added services such as quality assurance and education to Emergency Departments (EDs) • Four cross-functional regional teams that was composed of a recruiter, credentialer, and a scheduler 2.1.2 Weaknesses • Profits were flat during company’s growth period •...
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... 11 Accident prevention 13 Accident investigation. An unplanned, unwanted, but controllable event which disrupts the work process and causes injury to people. Most everyone would agree that an accident is unplanned and unwanted. The idea that an accident is controllable might be a new concept. An accident stops the normal course of events and causes property damage or personal injury, minor or serious, and occasionally results in a fatality. Who will conduct accident investigation? Management Management is responsible for planning and developing the system, and has the authority to enforce the program. In general, management will develop investigation forms and procedures. In the same time management will provide training to supervisors and members of the safety committee. They will review accident reports and trends and perform periodic program evaluations. Supervisors...
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