The Code Of Ethics For Nurses - 1110 Words

Introduction Nursing is a career that is governed by a set of ethical principles. The duties of a nurse consist of care and support and its important that nurses are aware of their professional ethics. These principles are put into place to uphold and maintain moral values in healthcare. The American Nurses Association (ANA) code of ethics for nurses consists of nine provisions, outlined in the Code of Ethics for nurses with Interpretive Statements. These provisions are constructed to blueprint the role and responsibilities of a nurse. The chosen provisions being discussed will refer to the three main principles of patient autonomy, patient confidentiality, and patient rights. Patient Autonomy Provision 1.4 The Right to Self-Determination: Patients have the right to self-determination and individuals should have control over their own lives. With respect for human autonomy comes respect for patient rights. Apart of the nurses job is to promote, advocate and protect the rights, health, and safety of our patients. Patients have the right to determine their health needs, make informed decisions, and the right to information regarding their treatment and also the refusal of treatment. Nurses are obligated to know the rights of a patient and to make sure the patient understands their treatment plan. Supporting patient autonomy includes making decisions in the best interest of the patient, considering their values and recognizing differences between cultures. In the treatmentShow MoreRelatedCode Of Ethics For Nurses1274 Words   |  6 PagesCode of Ethics for Nurses In the nursing profession, nurses often find ethical reasoning that not only evaluates actions and their results, but also questions why we perceive certain incidences to be paramount for us as humans. Ethics attempts to decide how actions are deemed right or wrong. The Code of ethics, which is a set of guidelines published by the International Council of Nurses, helps direct nurses in everyday decisions and it defends their refusal to take part in events that disagree withRead MoreThe Code Of Ethics For Nurses Essay1667 Words   |  7 Pagesthe Code of Ethics for Nurses Ethical moral values are the fabric of human behavior. Nursing values influence nurses actions and goals. The nursing code of ethics was adopted in order to determine and define ethical values for nurses. Human dignity, privacy, justice, autonomy in decision making, commitment, loyalty, human relationship, compassion, fairness, responsibility, honesty and individual and professional competence are considered an integral part of the nursing profession. Nurses as membersRead MoreCode Of Ethics For Nurses1614 Words   |  7 PagesCode of Ethics for Nurses The American Nurses Association (ANA) established the code of ethics for nurses to serve as a foundation for practice and nursing standards. Nurses that enter the field are educated on the code of ethics and its provisions that make up the balanced foundation that is used to this day. The code of ethics is to be honored by every nurse, and every nurse should know their ethical obligation to their patients (American Nurses Association [ANA], 2015). This approach encompassesRead MoreThe Code Of Ethics For Nurses1082 Words   |  5 PagesIntroduction The code of ethics for nurses provides a framework on ethical principles that nurses are supposed to follow while providing patient care. Under this code, nurses are not allowed to pry into information on patients not directly under their care, and they could not share any patient information to individuals who are not privileged to know such information. (American Nurses Association, 2015). Ethical issues related to electronic health records (EHRs) are extremely beneficial toRead MoreCode Of Ethics For Nurses1114 Words   |  5 Pages Professional Code of Conduct Fadrique R. Charlot Nova Southeastern University Professional Code of Conduct Health professionals hold the commitment of providing quality health care to the society in order to fulfil the health concerns of the general population presented daily. Hence, health care practices are established on ethical principles concerning the life and health of human being accordingly. Its values place all obligation in which patients are protected from harm andRead MoreThe Code Of Ethics For Nurses Essay1163 Words   |  5 Pagesconditions. These studies press the question of when it is acceptable for researchers to study rather than assist individuals. It is stated that the second provision of the code of ethics for nurses that the â€Å"nurse’s primary commitment is to the patient, whether an individual, family, group, community, or population† (American Nurses Association, 2001, p. 10). This is likewise supported by Fouka and Mantzorou (2011) when they emphasized that it is the nature of nursing to take care and to prevent harmRead MoreThe Code Of Ethics For Nurses854 Words   |  4 PagesTruth-telling is an important issue within the nurse-patient relationship. Nurses make decisions on a daily basis regarding what information to tell patients. The specific issue in question is whether a nurse should abide by the Code of Ethics for Nurses by revealing the truth to the patient or refrain from telling the truth to the patient because they are respecting the wishes of the patient’s family. Nurses and health care professionals should always tell the truth to their patients unless theRead MoreCode Of Ethics For N urses1331 Words   |  6 PagesCode of Ethics for Nurses 1. Introduction- Explain your knowledge of this business profession. Why did I choose nursing? At the age of 43 I am back in school to further my education in the health field in nursing. Am I doing it to make a difference in the world or as a longstanding career? To be a nurse, it takes a special type of person that has extraordinary personal qualities and traits. A good nurse should have compassion, respect, and the need and want to help others. Therefore be sensitiveRead MoreThe Nurse s Code Of Ethics1022 Words   |  5 Pageshas a code of ethics, that sets standards and guidelines that are set in place to protect both the professional and the client. Ethics play a key role in day to day business. This paper will discuss the nurse’s code of ethics, the advantages and disadvantages, and difficulties that the author may have following the established code. This paper will also discuss whether or not there are rules that have too much emphasis on them, and rules that do not. The nurse’s code of ethics was draftedRead MoreCode of Ethics for Nurses Essay1605 Words   |  7 PagesRunning head: SYSTEM OF INQUIRY PAPER System of Inquiry Paper Wendell A. Garcia University of Phoenix March 18, 2008 American Nurses Association’s Code of Ethics for Nurses Ethics is an integral part of the foundation of nursing. Nursing has a distinguished history of concern for the welfare of the sick, injured, and vulnerable and for social justice. This concern is embodied in the provision of nursing care to individuals and the community. Nursing encompasses the prevention of

The Is The Key Reason Why Success - 849 Words

As young people living in the 21st century, we often forget that there are values that we must possess. These values it becomes important for us because they form us into a tough, successful individual who possesses personal integrity. Rapid technological developments cause us to be swayed away by very lucrative forms of convenience. Indeed, technology makes us more advanced but if technology is not offset with a tough mentality, it will only produce a generation of slackers. In addition, the young are the successors of this nation; we all know that this country can move forward, thanks to the hard work of our predecessors. Persistence is the key reason why individuals—from George Washington to Steve Jobs—became a successful people in†¦show more content†¦I told my friends about my concerns so that I could receive their feedback about what I should do, but I still felt uneasy. Last summer, my friends took me hiking in Colorado. On our second day, we hiked al ong 12-miles route. I was less athletic than my friends who accompanied me that day. I realized that hiking was very tiring. Moreover, we needed to account for everything, including our food reserves and drinks, in order to arrive safely at our destination. My friends kept asking me if I was still able to continue until to the end of the hike. Along the way, I thought about stopping and returning to the campground. After stopping 2 miles short of our destination, we stopped and I felt extremely drained. We had 2 options to consider: first, continue for 2 miles to make to our planned destination, or go 0.5 miles to a different destination. They gave me the right to pick which route we would take. Throughout the hike, I hadn’t been able to bear the exertion, I constantly whined to my friends, but that moment hit me so hard. I could feel at the time that they were sorry and upset with me, and had begun to doubt my persistence. The persistence that I thought I had was nonsense. Realizing that fact devastated me and caused me to feel like I was being stripped. I knew from the start that I was passionate about becoming a doctor. That longing and persistence would bring me into my dream job. However, I always say I m afraid I can’t.., but cannot isShow MoreRelated Yahoo Case Study Essay example1560 Words   |  7 PagesCase about Yahoo 1. Success as a Web Search Engine a. Why was Yahoo! such an early success on the Web? Yahoo was an early success due to a combination of factors such as timing, hard work, and a good understanding of Web surfer’s tastes and needs.. In early 1995, Net mania was just flowering. It was a great time to be a young entrepreneur with an Internet idea. Dave Faldo and Jerry Yang saw a consumer need for classifying and differentiating web sights. 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However, due to recent business scandals such as the Enron scandal and Bernard Madoff’s Ponzi schemeRead MoreAnalysis Of Class Matters By Bill Keller757 Words   |  4 Pageschildren born in the upper class are going to the more selective colleges than children not born in the upper class. This doesn’t mean they weren’t accepted, but if they were accepted they may not have enough money to go. Health could also be a reason why people stay in the class they were inherited in. The text says, â€Å" The more education and income people have, the less likely they are to have or die of heart disea se, strokes, diabetes, along with many types of cancer. Upper-middle-class Americans

Rosetta Stone for analysis of suitable tools †Myassignmenthelp.com

Question: Discuss about the Rosetta Stone for analysis of suitable tools . Answer: Executive Summary of Rosetta Stone The main purpose is to show the advantages and disadvantages of showing the IPO. The project shows the identification of the present problems of Rosetta Stone. The methods used shows the analysis of suitable tools solve the relevant issues to address the problems Background of the company Rosetta Stone, is a learning software company. The history of the company originates from the year 1980 by an economics professor Allen Stoltzfus. The seed of initiation of the company was due to the slow progress of the professor to learn the Russian language. It was found that the conventional classroom teaching of the Russian Language was becoming ineffective and the Mr. Allen Stoltzfus was looking for more natural way to learning language. Later on, the implementation of computer technology was implemented with pictures and sound. The company started the distribution of the software services was done with the CD ROM technology in the year 1990. This provided the users with an opportunity to learn the new languages effectively. The software used the combination of images, text to teach the children to make the children to make them learn their first language, the company named this method as Dynamic immersion method. Dynamic, because of the use of digital technology and immersion due to the convenience of the learning from anywhere. Despite of the global economic crisis the company was keen on going public. This fourth quarter of the company showed an expansion of 53% despite of the degrading economic conditions and the company was able to expand 53% of its revenues. Tom Adams considered IPO as a crucial opportunity to establish business credibility. Identification of issues Key considerations to be made in going public Prohibition of the public to invest in the shares was prohibited for a private company Problem in financing of credit Dependence of the company on negotiations between other parties (Massari Gianfrate Zanetti 2016) Speaker Note The problem was related to the decision making of the company going public. The company had to decide between the advantages and the disadvantages of going public and the various other alternatives to the IPO. Moreover since Rosetta Stone was privately owned, then offer to the public to buy the shares was prohibited. It was facing several issues in obtaining loan, this shows the dependence of the company on negotiations between other parties. Analysis of the problems/issues Multiple Market Approach Discounted rate of the cash flow values Slide 6 Analysis of the problems/issues Exhibit 7 ROSETTA STONE, INC.: PRICING THE 2009 IPO Financial Forecast for Rosetta Stone (in millions of dollars except percentages) 2008A 2009E 2010E 2011E 2012E 2013E 2014E 2015E 2016E 2017E 2018E Revenue growth 52.5% 35.0% 35.0% 30.0% 25.0% 23.0% 21.0% 18.0% 13.0% 10.0% 5.0% Gross margin 86.3% 86.0% 86.0% 85.0% 84.0% 83.0% 82.0% 81.0% 80.0% 79.0% 78.0% SGA exp / Revenue 63.5% 63.5% 63.5% 63.0% 63.0% 62.5% 62.5% 62.5% 62.5% 62.5% 62.5% RD exp / Revenue 8.8% 9.0% 9.0% 8.5% 8.5% 8.5% 8.5% 8.0% 8.0% 8.0% 8.0% Capital expenditures 7.0 5.0 8.0 9.0 9.5 10.0 11.0 11.0 9.0 8.0 5.0 NPPE turnover 13.5 15.0 15.2 15.4 15.6 15.8 16.0 16.2 16.4 16.8 17.3 NWC turnover 8.9 9.0 9.0 9.0 8.5 8.5 8.0 8.0 8.0 8.0 8.0 Revenue 209.4 282.7 381.6 496.1 620.1 762.7 922.9 1,089.0 1,230.6 1,353.6 1,421.3 Gross profit 180.7 243.1 328.2 421.7 520.9 633.1 756.8 882.1 984.5 1,069.4 1,108.6 SGA expense 133.0 179.5 242.3 312.5 390.7 476.7 576.8 680.6 769.1 846.0 888.3 RD expense 18.4 25.4 34.3 42.2 52.7 64.8 78.4 87.1 98.4 108.3 113.7 EBIT 29.4 38.2 51.5 67.0 77.5 91.5 101.5 114.3 116.9 115.1 106.6 Net working capital 23.4 31.4 42.4 55.1 73.0 89.7 115.4 136.1 153.8 169.2 177.7 Net PPE 15.7 18.8 25.1 32.2 39.7 48.3 57.7 67.2 75.0 80.6 82.2 Speaker note for Slide 6 The forecasted revenue growth of is mainly declining from 2008 to 2018 indicating a slow growth prospects of the company. Although the net working capital, is expected to increase on a yearly basis the revenue growth is decreasing due to similar markets giving competition to Rosetta Stone. Slide 7 Analysis of the revenue forecast Declining trend of the revenue of the company Revenue growth percentage is expected to grow by only 5% in the year 2018 (Larson Yozzo, 2014). Speaker note for Slide 7 Analysis of the revenue forecast The revenue forecast analysis clearly shows the declining trend of the revenue of the company. This is evident because in the year 2008 the forecasted revenue growth was 52%, while in the year 2018 the revenue growth percentage was expected to grow by 5%. Although the net working capital, is expected to increase on a yearly basis the revenue growth is decreasing due to similar markets giving competition to Rosetta Stone. Slide 8 Advantages of going public The advantage of the company was seen in the form of issuing of 6.25 million shares to the public this represents 30% of the companys total stake Based on the financial figures from the last five years it can be further stated that the company will be able to increase the revenue by 725% and 625% increase in the net income. Speaker note for Slide 8 Advantages The advantage of the company was seen in the form of issuing of 6.25 million shares to the public this represents 30% of the companys total stake. This shows that the company already issued half of the share process and the next half of the share price issue was due. Based on the financial figures from the last five years it can be further stated that the company will be able to increase the revenue by 725% and 625% increase in the net income. Slide 9 Disadvantages of going public There are several issues related to the transfer of owner of the company The public company may become fully owned by the Government and company rights may be completely lost in an IPO offering. The credit limit of an IPO company will further increase and the company will be entitled to more debt. . In case, the company is not able to project the required amount of revenue, the Government may decide to dissolve shares to private companies (Laje et al. 2013). . Speaker note for Slide 9 There are several issues related to the transfer of owner of the company. The public company may become fully owned by the Government and company rights may be completely lost in an IPO offering. The credit limit of an IPO company will further increase and the company will be entitled to more debt. In case, the company is not able to project the required amount of revenue, the Government may decide to dissolve shares to private companies. Slide 10 Discount rate appropriate for the cash flow forecast Weighted average of the beta is 0.92 The percentage of the discount rate appropriate for the cash flow forecast is 9.03% (Mousavi et al. 2013) Beta 9.03% 0.69 0.79 0.89 0.99 1.09 5.5% 7.1% 7.6% 8.2% 8.7% 9.3% 6.0% 7.4% 8.0% 8.6% 9.2% 9.8% 6.5% 7.7% 8.4% 9.0% 9.7% 10.3% 7.0% 8.1% 8.8% 9.5% 10.2% 10.9% 7.5% 8.4% 9.2% 9.9% 10.7% 11.4% Speaker note The weighted average beta is mainly calculated from beta of the competitors companies. In addition, after the effective valuation, 9.03% is assumed a the overall discount rate, which could be used in cash flow forecast to determine the Present value of the forecasted cash flow. Advantages of multiple market approach Useful for the valuation of the similar assets having similar prices Helps in determining the future growth of the company and assists the investors Useful in evaluating the free cash flow after a particular financial period (Matthews, 2014). Speaker note for Slide 11 The market multiples approach is useful for the valuation of the similar assets having similar prices. It is useful to determine the present position of Rosetta stone in terms of similar other companies. It also helps in determining the future growth of the company and assists the investors in making an adequate decision for investing in the company. It is also useful in evaluating the free cash flow after a particular financial period. The net results clearly shows that the forecasted share value of the IPO is higher than the outstanding amount of the premoney shares. Disadvantages of multiple market approach Non- consideration of economic crisis Non-inclusion of the corporate tax rate Mainly signifies high or low values of the company (Roosenboom 2012) Speaker note for Slide 12 The primary drawback of this model is non- consideration of economic crisis in which the liquidity of the position of a cannot be assessed by using this model. It also deals with projecting either the high or the low values of an organization which may incorrectly depict the performance of a company. The disadvantage is seen in the non-inclusion of the corporate tax rate, which may directly affect then earning g of then revenue of the company. Advantages of Discounted Cash flow method Consideration of intrinsic value of the stock Relies on availability of the free cash flow The rates are estimated in such a basis that the share prices wont be affected from the inflationary pressure in the economy (Willenbor, Wu Yang 2015) Speaker note It takes into consideration the intrinsic value of the stock. Unlike the price earning technique, the DCF is reliant on the availability of the free cash flow. This will help the investors to identify the source of cash flow. The rates are estimated in such a basis that the share prices wont be affected from the inflationary pressure in the economy. Disadvantages of Discounted Cash flow method Difficult to predict the sales and the cost trends Uncertainty of the cash flows Changing discount rates Speaker note for Slide 14 It is difficult to predict the sales and the cost trends with the certainty of the cash flows. The values are further sensitive to the assumptions of the perpetuity growth rates and the discount growth rates. The discount rate approach to the cash flow forecast is based on the approximations of the discount rates appropriate for the cash flow forecast Evaluating the current price of Rosetta Stone With the help of Multiple market approach and Discounted cash flow Method the overall price valuation of Rosetta Stone is assumed at $15.5 However, as mentioned in the case study the share value of the company is at $17.49 as of 2008. Multiple Market Approach Particulars Amount EBITDA $ 34.6m EBITDA Ratio 13.4 times Enterprise Value $ 463.6m Debt $9.9m Equity Value $ 453.7m Outstanding value of shares (Pre-money) 17.2m Implied share price $ 26.4 Speaker note for Slide 16 The company is facing issues to decide for the use of market- multiple approaches in the valuation method. It is important to understand the appropriate discount rate of the cash flow forecast and proper approach to calculate the terminal value to estimate the share price of the company. The multiple market approach mainly helps in depicting the highest and the lowest values of any company's shares. Investors to evaluate the future growth of share price mainly use this valuation. Thus, $ 26.4 is evaluated as the highest figure, which could be used by Rosetta stone in depicting their share price during the IPO process. Discounted Cash flow method Terminal value calculation using discounted rate of the cash flow values Valuation Terminal Growth rate 3.00% Discount rate 9.03% Shares Outstanding 17.2 Debt value 9.9 2008A 2009E 2010E 2011E 2012E 2013E 2014E 2015E 2016E 2017E 2018E CAGR 08/18 NOPAT 29.4 38.2 51.5 67.0 77.5 91.5 101.5 114.3 116.9 115.1 106.6 13.76% Depreciation 1.9 1.7 1.9 1.9 2 1.5 1.6 1.5 1.2 2.5 3.4 5.99% Capex 5 8 9 9.5 10 11 11 9 8 5 3.3 -4.07% Change in NWC 8 11 12.7 17.8 16.8 25.6 20.8 17.7 15.4 8.5 7.1 -1.19% Free cash flow 18.3 20.9 31.7 41.6 52.7 56.4 71.3 89.1 94.7 104.1 99.6 18.49% Terminal Value 1701.26 Implied EV /EBIT 15.5 Speaker note The discount cash flow method helps in evaluating the overall accurate share price of the company. In addition, $15.5 is estimated as the appropriate share value, which could be used as the base during the IPO process. Price recommend to offer shares In order to promote then shares in the economic crisis of the shares the company needs to keep a price range of $15.5 to $ 18.5. Speaker note The valuation of the current share price is with the help of the discounted cash flow and the market multiples has depicted with the discounted cash flow and with then multiple market models. In order to promote then shares in the economic crisis of the shares the company needs to keep a price range of $15.5 to $ 18.5.