Literature review of Fourteen Foorces of Magnetism Essay

Literature review of Fourteen Foorces of Magnetism - Essay Example It was built as a result of a lack of a real hospital in that location which led to the death of many local people with emergency medical conditions. Being the first and best hospital on the area, St. Luke’s has one of the biggest positive images in that society and its respect surpasses all. It is with this image that made it be accredited as an inpatient rehabilitation unit (the only national one in that area) by the Commission on Accreditation of Rehabilitation Facilities (CARF). Most of the forces of magnetism in this organization are consistent with their intent. Some however have inconsistencies which according to research may be as a result of the organization being alone and of its kind for a long time and hence had enjoyed market monopoly and even when another hospital was unveiled, no changes were made and no one seems to notice these inconsistencies. One of the inconsistencies is in the fourth force about personnel policies and programs which advocated for competitive salaries and benefits. In the organization, this is not the case and most nurses especially are underpaid compared to the work they perform daily. Even though the organization strives to achieve force thirteen about interdisciplinary relationships being valued and upheld, doctors still look down upon other members of the health care team due to their differences in qualifications. This however does not seem to affect the overall quality of the health care being provided by the organization (Malloch and O’Grady, 2010). The consistencies in force of magnetism have made the organization gain a lot of support from the surrounding community and this has improved the image of not only the hospital in general but also of its medical personnel. The fact that the hospital puts the needs of the community first at all times and even forgets about the needs of its own staff especially on

Case study Essay Example | Topics and Well Written Essays - 500 words - 60

Case study - Essay Example The deal was going on well with the company making small losses and gains to balance the losses, an indication that all systems were right. However, in mid April 1994, Artzt, the chairman of P & G, made a shocking revelation that the company had made a whopping $157 million loss after liquidating two interest rate swap contracts (Smith, 68). This was in addition to a $102 million after tax charge against the company’s third quarter profits to cover the losses incurred in the transaction (Malkin, 1994). The scenario was that P $ G had a signed a contract that considerably magnified the interest rates swings in a 3 years swap in which the company paid a floating rate on Libor (Smith, 69). The intention of the company was to make an interest in the event that interest rates fell or remained constant, which could have led the prices of the relevant bonds increasing or remaining constant. As a result, the company could have paid the expected Libor rate while still benefiting from t he income from Bankers Trust for the options. However, the short interest rates rose significantly leading to a decline in the prices of the long term bonds, forcing P & G to buy the derivatives at rates way above the selling value. In other words, P &G found itself paying rates above the selling value due to the sensitivity of the long term bonds to the slightest movement in interest rates. Consequently, P & G had to pay much higher to purchase back the derivatives from Bankers Trust than what the bank had paid for them due to the increase in the value of the options held by the bank as a result of a rise in interest rates (Heffernan, 641). P & G incurred the above losses due to interest rates volatility in the market, which made the company buy its swiped instruments at much higher costs than the bank had paid. The outcome of the transaction was that two P & G employees considered to bear the