Legal, Social, and Economic Environments of Business Essay Example for Free

Legal, Social, and Economic Environments of Business Essay There are several categories that a small business can fall into. Within these businesses there are legal, social and economic environments that effect how the business is run and whether the business is a success or failure. From the cost to run to how the tax return is filed; all three have their advantages and disadvantages. All three also can produce a lucrative income for the right person or people. It is imperative to the business for the owner(s) to choose which path is the best way to go while taking in consideration the pros and cons of each type. Legal, Social, and Economic Environments of Business The idea of a three pronged cord came to me when I noticed how many cords have burned up on my appliances. The third prong on the cord would distribute the current better. My goal is to manufacture and sell my product. Small businesses are what formed our country. From the forming of our governments to starting computer companies in our garages business decisions had to be made. There are three main organizations of small businesses: Sole Proprietor, Partnership, and Corporation.  When opening a business the owner or owners need to know how each organization operates and which would be the best for them. Each has its own advantages and disadvantages, but every business falls into one category or another. Business Organizations Sole Proprietor: A sole proprietor is a single individual who makes all the decisions in the business. There is no one to run to and ask â€Å"What do you think about this? † It is the most simple of the three types because there are almost no legal requirements. As a sole proprietor there is more freedom to do what the individual wants which makes it much easier to run. Also, the individual can get a tax benefit and there is a lower cost to start (Tavassoli, 2013. Slide 9) Almost anyone can have a small business as a sole proprietor. Although saving some money on the start up and from tax exemptions are a plus, there are some things one has to take into consideration. One is the limited resources because there is no one else around to bounce ideas off of and most people don’t have the business sense to run their own company from the start, unless they’ve had previous experience and knowledge in that field (Tavassoli, 2013. Another is the difficulty of borrowing money. Most banks or investors are hesitant to lend funds to one person because their financial resources are limited. Finally, all the liability of the business is put directly on the individual (Tavassoli, 2013. Slide 9). Whatever happens in the business is solely on the owner and there usually isn’t anyone to fall back on for help. Partnership: The second type of business is a partnership. There is more room for growth in this type of business because now we have an added talent or experience (Tavassoli, 2013). You automatically have someone to get insight on ideas and bring more ideas to the table. There is a better opportunity to borrow money. Now instead of one persons income and assets there are two. Someone is more likely to help finance a partnership than an individual person (Tavassoli, 2013, Slide 10). In addition, the business return flows into the individual/joint return. Just as a sole proprietor, a partnership has unlimited liability. The only difference is now there is more than one person involved so burden is split. In a partnership the owners are responsible for all the debt and expenses of the business (Ebert Griffin, 2005). Something else to consider is the difficulty to sell a business owned by a partnership. Why is it difficult? Consent is always needed from the other partner. No decision can be legally made without the other partner agreeing. Corporation: The third decision is a Corporation. Companies like Apple, Ford, and Microsoft all fall into corporations. One good thing about a corporation is the stockholders of a corporation have limited liability which means they are only liable for the amount they invested (Tavassoli, 2013. Slide 11) When there are law suits or debts only the corporation loses money. Lenders and investors are most like to provide funding for a legitimate corporation before others. Another thing is there is a better chance to find talent and pool ideas. The opportunity to create more jobs is another plus for being a corporation. With the good comes the bad. In a corporation there are multiple stockholders that have to be answered to when it comes to business decisions (Tavassoli, 2013. ) Theses owners will have their own opinions on how things should be done and which ideas to be taken into action. A corporation can be easily taken over if it is agreed upon by the majority of the owners. The financial reporting requirements are more extensive. Finally, at the corporate level businesses are double taxes not only as a corporation but on the paid dividends to its stockholders (Ebert Griffin, 2005). After careful consideration I feel a limited partnership is the best choice for my business. A Limited Partnership would allow us to obtain financing in the future, rather than trying to get financing on my own as a sole proprietor. Also, the amount of liability is reduced because we are only liable for the amount of our individual investments. This allows my partner not to have to take an active role in the partnership. A limited partnership agreement is not required but will be put in place to protect each partner (CEC, 2010).

Edgar Allen Poe :: essays research papers

Edgar Allen Poe   Ã‚  Ã‚  Ã‚  Ã‚  Who is Edgar Allen Poe? He was a 19th century American writer born to Elizabeth (â€Å"betty†) Arnold Hopkins and David Poe. (Internet source) Poe was an well-educated individual. He would attend a private school in London and then an academy in Richmond. Later being accepted to the University of Virginia, this however would not work out for him. He then would travel to Boston for work in which there would be none. Defeated he enlisted in the Army and soon regret the decision. Once out he would again try a military career, he was accepted to the U.S Military Academy. (Encyclopedia Britannica) This time he immediately regretting the decision. After his expulsion he entered a contest sponsored by the Baltimore Saturday Visitor. His story â€Å"MS. Found in a Bottle† â€Å"was considered to be the one of the world’s first science fiction stories, he won both the $50 prize and acclaim for its 24-year-old author.† (Internet source) He would then work at several different editorials, none of which really worked out for him. His dream though would be to own a magazine or paper of his own. He would come close twice but never succeed in keeping them alive due to his different habits.   Ã‚  Ã‚  Ã‚  Ã‚  What made Edgar Allen Poe? Through his lifetime many different misfortunes and disasters would strike him. All of these would shape him and his writing to what we now associate as the father of modern diabolic fiction. (Internet source) The first of the tragedies to plague him would be the abandonment by his father. He would grow never knowing who his real father was. His father had left his family when Edgar was only an infant. The next misfortune would be the death of his mother when he was three. There was yet another factor that would shape him throughout his lifetime. He would also come how from his studies in England to find that his sweetheart from childhood was engaged. This caused him to write his first serious poem â€Å"Tamerlane† out of heartbreak. His luck with women throughout his lifetime would be rather in the bottom end of the barrel. He would eventually marry Virginia Clemm, his thirteen-old cousin. He would later lose her to tuberculosis and stop writing for a while, only to concentrate on â€Å"Ulalume† to express his mourn. He would try to remarry on two different occasions the first was ruined by rumor the second by his drinking habit.

Prescribing in practice Essay

Introduction The following assignment will discuss and analyse a prescribing episode, within practice, furthermore will outline safe prescribing from the Nurse Prescribing Formulary (NPF, 2013-2015).To be able to analyse and reflect on my new role as Community Practitioner Nurse Prescriber (CPNP) I will use Gibbs (1988) reflective model and a structure that will allow the use of a consultation model (Appendix1,Fig1). The focus on prescribing within nursing profession was first brought into discussion by Royal College of Nursing (RCN) in 1980 but has proven to be cornerstone after was part of the government agenda as a result of Cumberlege report in 1996.This report outlined the need for nurse to become a prescriber especially in community settings to provide clients with better care, safe and practical access to medication (Nuttal, 2008). Furthermore â€Å"The Medicinal Product Prescribing Act â€Å"1992 outlined changes in circumstances including nurses as prescribers, followed by recommendati ons made by Crown Reports1999 that suggest that health visitors (HV)) should be authorised to prescribe from a limited list, identified as the nurse prescriber’s formulary (NPF). (DH,2004). Scenario For the purpose of this assignment all names has been changed to maintain confidentiality according to NMC (2008).The following scenario it is in relation to a situation experienced while on the morning baby clinic working alongside my mentor .A mother Lisa come for a regular weight check for her 4 month old infant called James .While discussing with Lisa her son weight progress ,she mentioned about her son having very dry scaly skin on scalp since birth moreover Lisa explained that sometimes skin on the scalp become like a patchy crusty rash and James feel uncomfortable , at times not settling. Edwards (2010) suggest that using a holistic assessment it is very important when coming in contact with the client as the problem presented can have a drastic impact on the quality of life for child and the family. As a student under the supervision of my mentor we started a holistic assessment of James and finalise with a prescription decision. I start by using open questions related to Jam es general health and I asked  Lisa if she had any concerns but she confirmed back to me that there was no issues with his health since birth .To make sure that information provided by Lisa was correct and I have accuracy in details exposed I repeated back and she confirmed. As a student practitioner prescriber it is very important to maintain good practice and use assessment frameworks and consultation models as possibility to improve and gain better skills(Nuttall,2008). The Consultation The purpose of the consultation model in prescribing practice is to assist nurses in identifying strategies to deliver a diagnoses and ultimately the appropriate prescription .There are various consultation models used in practice with normative or descriptive character , however for the purpose of this case scenario I will concentrate on Roger Neighbour 1987 consultation model. Moreover Neighbour (2005) outline through his model consultation as a journey divided by check points , connecting which is the first point where client establish the relation with the practitioner is essential followed by summarising, handing over, safety netting and housekeeping. To progress further it is relevant to mention influence of communication skills in consultation process furthermore considering that nurse practitioners don’t need different communication skills in comparison with other professionals prescribers (While,2002) .However(While,2002)found that the need for appropriate environment that can maintain privacy and confidentiality could be a potential barrier during consultation rather than communication especial for those working in client homes. I choose Neighbour 1987 model for consistency and easy to apply in any circumstances moreover stand as a journey establishing relations with the client through empathy and in the same time identify the need for balance between practitioner prescriber and client (Tate,2010).Another positive aspect that I took in consideration when choosing the model was also housekeeping as practitioner have the opportunity through this section to become reflective to avoid any unresolved issues before consultation is complete ( Neighbour,2005) .Despite the decision made to use Neighbour 1987 model I will move further and explain the process and prescribing decision using the principles of good prescribing pyramid ,( Appendix 1, Fig 2)(NPC,1999). Step 1 Assessment; Consider the patient The beginning of consultation according to Neighbour,(1987) is connecting with Lisa and building a relationship ,however in a noisy environment like the clinic I found this difficult .Despite this barrier I manage to find a sitting area that appear to be more private and had the opportunity to manage a discussion with Lisa to establish that I needed to do a physical examination on James .As James was under 16 years of age ,consent from parent or guardian was needed ,therefore Lisa give a verbal consent as she was the biological parent (NMC,2013).To proceed further I use mnemonic OLDCARD to asses James with Lisa’s assistance trying to interact with her and find out if any physical or affective changes occurred. Bryans (2000) suggest that during assessment the practitioner should use knowledge, experience, recognition and prioritisation ,so to proceed further with a holistic assessment and identify symptoms that will help me to rule a diagnosis I felt I needed to ask Lisa more questions .Following the identified symptoms and physical examination I conclude that this was cradle cap a form of seborrheic dermatitis mainly affecting skin on the scalp with patches and thick scaling and sometimes yellow crusty (Sheffield et al,2007).It is important to rule out other conditions when taking assessments as sometimes cradle cap can turn into atopic dermatitis or fungal infection such as tinea capitis or easily misdiagnosed with crusted scabies (Yoshizumi and Harada,2008).Further continuing my assessment I was able to conclude that none of this conditions were present in James situation . It was important to discuss with Lisa during consultation family history that could provide additional support for my final diagnostic conclusion .Going thru such topic area Lisa explain that her husband James dad was suffering with atopic eczema since childhood .This was quite an important piece of information as such conditions like atopic eczema ( dermatitis ) are hereditary conditions often (National Eczema Society ,2011).Atopic dermatitis or eczema is a chronic skin disorder inflammatory with pruritic skin that appears mostly on the face ,neck ,bends of the arms or legs caused by the malfunction in the skin barrier( NICE,2013). Step 2 Which Strategy? In order to progress further following discussion with Lisa under my mentor supervision as a CPNP V100 I made a prescribing decision based on the physical examination and the information provided I concluded that James was suffering from cradle cup (seborrheic dermatitis)(NICE,2013).Furthermore Lisa confirmed that James did not have any allergies and was not on any medication .It was important to relieve the discomfort and unsettling times for James and I decided to prescribe an emollient and a bath additive. Pendleton et al (1984) suggest that practitioner should discover client expectation furthermore should take in consideration other treatment options before prescribing .According to NICE (2013) greasy emollients and soap substitutes or bath additive helps to remove effectively the scales, further more regular washing of the scalp and gentle brushing can help to loosen scales. Another stage followed in the Neighbour (1987) is handing over period but after Justin skin on his scalp was carefully examined no evidence of infection was identified so no referral to the General Practitioner (GP) was necessary. Consider the choice of Product According to NPC (1999) practitioners should use mnemonic ‘EASE’ as can be seen in the chart below to choose appropriate cost effective product for clients. E How effective is the product? A It is appropriate for the client? S How safe is it? E Is the prescription cost effective? To make the appropriate decision for Lisa’s infant, under the supervision of my mentor I used the Nurse Prescribers Formulary (NPF) and decided to  prescribe Oilatum Junior bath additive and cream as I considered this combination more effective in Justin’s treatment .Moreover the packaging was also appropriate as comes in a pump action and this could reduce the infection risks associated with emollients and types of recipients manufactured (NPF,2013-2015). When deciding the prescription products and quantities I also took in consideration Lisa requirements furthermore according to NICE guidelines emollients should be prescribe in large quantities approximately 250-500 grams per week and in the same time cost effective (NICE,2007).It is important when prescribing emollients to discuss with clients /parents /carers possible side effects even this products are considered to be quite safe ,however bath additives should be taken in consideration because tend to leave the s kin slippery after bathing the infant( BNFC,2014) .When prescribing a product especially for infants it is important to educate the parent/carer how to use the product and make sure they are aware of any risks and side effects . Negotiate a contract According to (Courtenay and Griffiths,2005) when prescribing we should view the process as a shared decision-making between client and prescriber .The prescribing decision stands as a contract so it was important to remind myself that I should take in consideration Lisa satisfaction with my decisions .To achieve all my actions it was paramount to have effective communication skills and ability to identify the appropriate therapeutic treatment .Throughout entire process I think that Lisa felt empowered as I hand it over to her the responsibility to apply the emollients on Justin skin ( Braid,2001).As I am not yet non-medical prescriber the prescription for Lisa’s son was written by my mentor and information leaflets regarding seborreic dermatitis were given to Lisa for further guidance. Review According to Neighbour (1987) consultation model this step relates to safety netting and refers to follow up of the consultation and possible outcomes. Furthermore together with my mentor we arranged to follow up in ten days to see if Lisa’s infant was making any progress and treatment was effective .Through this review in ten day time practitioner can identify any more concerns of the parents and possible side effects of the treatment used(  DH,2010b). Record Keeping Following guidance of the Nursing and Midwifery Council (NMC,2006) it is practitioner accountability to ensure records are maintain accurately and prescription details it is recorded in the infant health record (NPC,1999).Moreover I ensured the details of the prescription and the consultation were entered into general computer system within the next 4 hours following consultation and the GP also was aware of the consultation and products prescribed .According to (NMC,2006) details of the consultation and prescription should be entered into the computer system within forty eight hours with exception for special circumstances. Reflection Using Gibbs reflective cycle during consultation process with Lisa’s infant I had the opportunity to identify positive and negative aspects and reflect on the scenario. In the same time final part of Neighbours consultation model refers to Housekeeping and this stands as another stage that give me the opportunity to reflect on my prescribing decision and consultation .I felt that throughout the whole process I used safe and effective decisions even at times I felt a bit nervous however my mentor feedback was positive in regards to my performance .One aspect that I found difficult was the environment ,at the time the baby clinic was busy and noisy and it was difficult to find a private area to conduct the consultation ,but such issues I could reflect on it for my future prescribing practice . Conclusion Through this experience I able to develop on my new role as V100 prescriber using specific tools like the consultation model and good prescribing steps .Furthermore I had the opportunity to apply appropriate communication skills and medical knowledge along with the legislation to conclude with a safe and effective prescribing practice . A new CPNP I can utilize different assessment tools based on a consultation model along with a decision making framework to support my practice and at the same time reflect on my ability to undertake a partnership approach that responds to client needs and concerns. Definitely this experience has been with great importance for my educational journey as V100 nurse prescriber. Reference: Baird, A., (2001) Diagnoses and prescribing .Primary Healthcare 11(5):24-26. Bryans, A., 2000. ‘Providing new insight into community nursing know-how through Qualitative analysis of multiple data sets of simulation data’. Primary Health Care Research and Development, 1: 79-89. Courtenay, M., Griffiths, M., (2005) Independent and Supplementary Prescribing-An Essential Guide, Cambridge University Press. Department of Health (2004) Extending Independent Nurse Prescribing within the NHS in England. London: The Stationery Office. Department of Health (2010b) Nurse Prescribing FAQ, http://tinyurl.com/367d5zx [Accessed on 20 April 2014]. Neighbour, R., (1987).The Inner Consultation: How to Develop an Effective and Intuitive Consulting Style, Lancaster: MPT Press. Neighbour, R., (2005) The Inner Consultation: How to Develop an Effective and Intuitive Consulting Style, Second Edition: Radcliffe Publishing Ltd National Institute for Clinical Excellence,(2013) Seborrhoeic dermatitis. Available on line http://cks.nice.org.uk/seborrhoeic-dermatitis [ Accessed on 20 April 2014] National Prescribing Centre (1999) Signposts for prescribing nurses-general principles of good prescribing .Prescribing Nurse Buletin1.National Prescribing Centre, Liverpool Nursing and Midwifery Council (2006)Standards of proficiency for nurse and midwife prescribers. Nursing and Midwifery Council. London Nursing and Midwifery Council (2008) Guidance for continuing professional development for nurse and midwife prescribers. NMC Circular 10/2008. Nuttall, D.,(2008).Introducing Public Health to Prescribing Practice .Nurse Prescribing 6(7):299-305. Pendleton, D., Schofield, T., Tate, P., (1984). The Consultation: An Approach to Learning and Teaching .Oxford: Oxford University Press. While, A.,(2002).Practical skills: prescribing consultation in practice. British Journal of Community Nursing 7(9):469-473. Yoshizumi, J., Harada, T.,(2008) ‘Wake sign’: an important clue for the diagnosis of scabies. Clinical and Experimental Dermatology (34)6 p 711-714.

Descriptive Essay - Original Writing - 1285 Words

Santa Clause leaned his head against the sled, letting out a long sigh. It had been a tough evening so far. The northern hemisphere was down, but he still had one more hemisphere to go, and he had no idea what might be in store for him there. Santa’s thoughts ran to-and-fro from what if I never reach all the kids on time or what if the kids begin to lose faith in me? So, he quickly picked up his reins and gave them a slap, â€Å"whoop, whoop,† he called out to his reindeers, but exhaustion was creeping in. He noticed the fluffy clouds taking the forms of little children and candy canes, train sets, and teddy bears. His eyelids grew too heavy to keep them open, and his head dropped to one side. Santa fell into a deep slumber†¦ Slop,†¦show more content†¦Suddenly, his thoughts were awakened by a rumbling song in the distance, and the dog ran ahead. â€Å"Wait up,† Santa Clause shouted toward the direction the dog was running. He quickly hurried and came upon an old swag man sitting by the fire. Finally someone to talk to! Santa walked up to the man and began spilling his story. â€Å"Hi, I’m sure you know me, right? The outfit kind of gives it away, but anyway. My sled has crashed and lies in pieces, my reindeer have all but gone. I need water, I’m so parched. And I have no way of getting out, I’m stuck, and†¦. â€Å"Whoa, whoa, whoa. Take a breather me old mate. Let’s just begin with your name.† â€Å"What?† said Santa, â€Å"I thought we clarified that already?† Oh dear, another helpless vagabond who doesn’t know my name. â€Å"It’s Santa Clause†. â€Å"Who of what cause?† the old man said in bewilderment. â€Å"You know. S.A.N.T.A. C.L.A.U.S.E.† â€Å"Eh,† The swag man said cocking his head and levelling his eyebrow. â€Å"Oh, never mind. I’m too much in a hurry to explain. I need a sled and my reindeers to continue my journey before it is too late. Have you seen them at all?† Looking down at his time watch he exclaimed, â€Å"Golly, look at the time! It’s nearly past 1:30 am. I need supplies. Isn’t there any other village around here?† â€Å"Ay, but it’s too late for all that. I say first you just need to sit down and take a cuppa with me,† said the swag man calmly. â€Å"I don’t see all this rush in anything†. â€Å"No I cannot. There’sShow MoreRelatedDescriptive Essay - Original Writing1110 Words   |  5 PagesI don’t know how I got to where I am, but I’m here now, and I have to win if I want to live. I am in a game, and in order to live, I have to escape. That’s the thing, though: I don’t know how to escape. I was running for my life around this old house that looked like it came straight out of a horror movie. I doubled over and held my head in pain as I saw the static, which meant it was coming. I was being chased by what looked like a person but in no way acted like one. 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I should be able to get it done by tonight and send an email in the morning. I was thinking of writing my next article about the sea life around the Scottish coast. Since our salmon dinner last evening I thought I would do a piece about the commercial salmon farming that began in Scotland in 1969. In 2002 over 145,000 metric tons of farmed AtlanticRead MoreDescriptive Essay - Original Writing1561 Words   |  7 PagesThere’s something I need to say and what follows may not be something that you’d expect, it won’t be heartening or uplifting. If you remember today, I told you about going somewhere I wanted to go to†¦ I’m not sure if you believed and accepted what I now confess as untrue; it is partly. I needed to pull away emo tionally†¦ from you. You must have had fathomed that some degree of formality had seeped between us. Born of habit, formulaic greetings had become a routine. 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