Strategy and Operations Assignment Essay Example | Topics and Well Written Essays - 2000 words

Strategy and Operations Assignment - Essay Example Additionally, the CEO is required to communicate on behalf the company to the employees, shareholders, government, as well as the public. The duty of the Board of Directors is much related apart from the role of hiring the CEO. Essentially, the boards of directors are responsible for hiring directors of a company. In addition, it is the role of the directors to assess the strategies and the overall direction of the organization. The bankruptcy of Enron is most associated with the failures CEO and board of directors’. It is the responsibility of the CEO to ensure that all expenditures within an organization are within the endorsed yearly budget. Additionally, it is the duty of the CEO to protect the interest of its shareholders by ensuring that the price of the company’s share does not reduce in value. Lay-Skilling Fastow leadership failed to protect the interest of the shareholders as the stock of share drastically reduced as well as EPS (Earning per Share). A decrease in the value of shares means that few investors will be interested in investing in the company and hence the company will struggle to raise adequate capital for its operation (Johnson, 2003, p. 45). Organization culture is human behavior within an organization and the ability of individuals to attach to those behaviors. Organizational cultures signify the beliefs, principles, as well as corrective values of the members the organization. Various cultures can be represented in an organization including values, norms, visions, systems, symptoms, assumptions, symbols, habits among others. Organizational culture is critical to the success of organizations. Enron organizational cultures were based on communication, integrity, as well as excellence. The organization ensured that client, vendors among other individuals or organizations are reverently treated without any form of arrogance and callousness. Enron also if integrity is enforced in every business transacting that is within

America's Health Reform Essay Example | Topics and Well Written Essays - 1000 words

America's Health Reform - Essay Example The New Health Care Reform Bill will include coverage for uninsured children, and people who are in poverty. This hopefully will make for a much better and healthier society. This new health care system will be beneficial to society and allow consumers more security in their futures. Although the American government has been working to improve the health care system, it still needs more development. There have been many changes from the past up until today. One of the biggest problems is the hospital pricing market. It has become very expensive for lower income people to afford. Many people argue that the health care system we have now works effectively, and that people are satisfied with it. However, I do not think this is true. Consumers, employers, and the government are all demanding lower costs and higher quality from medical services. However, most hospitals retain an increasing profit in their market. The high costs of health care make medical treatment unattainable for povert y stricken people. Based on research, â€Å"approximately a thousand hospitals located in the United States closed their doors, and the hospital admissions declined by 11 percent from 1980 to today† Meaning that many hospitals have been deficit, due to the high costs charged to patients. These people did not want to go to the hospital due to unaffordable prices. Therefore, many hospitals in America are not earning a profit. It seems very beneficial to lower their prices, as it will attract more people to buy health care services. This can, in turn, increase their profits. In South Korea, there are many government subsidies to hospitals through tax collection. Its’ subsidy from the government decreases the cost, and increases the demand for health care. Older people, who suffer from poverty, and people with any financial difficulties, can receive medical care. In America, there is a need to change the market price. The current health care systems that are offered to Ame ricans are eating up much of their regular incomes. According to an article released in Los Angeles Times, one of the health services provided to consumers by their employers consumes, â€Å"30% of unemployment benefits for individual coverage and almost 84% for family coverage.† It is evident that, although workers are provided with health coverage, it is taking a large toll on their incomes. You might say it is burning a hold in their pockets. This is another reason why the health care system needs to be altered; to better accommodate more Americans. If the health care services system were changed, it would provide a better future for the younger generation. Children deserve to start their lives with a healthy body and mind. All children need access to complete health services, and treatment that provides for them when they are sick. But today, about 11 million children, more than 90 percent of them from working families, have no health insurance. According to an article pu blished in Individual Child Health Insurance, children under the age of 18 are not insured. Their parents earn too much money to qualify for Medicare, but too little to afford any health coverage for their own children. Many of the parents get up every morning, go to work, pay their taxes, and abide by laws that do not provide their children with health insurance. In 1996, 70 percent of all Americans added to the ranks of the uninsured were children. The employers from the health insurance companies are supporting the idea