Friday, February 28, 2020
Environmental Audit Concerning Entry of TESCO in Bahrain Essay
Environmental Audit Concerning Entry of TESCO in Bahrain - Essay Example are (1) The Political Environment (2) The Economic Environment (3) The Socio-Cultural Environment (4) The Technological Environment (5) The External Environment and (6) The Legal Environment (Boddy & Paton, 2009, 5). Analysis of each of these elements separately will indicate the opportunities and threats they hold for a business entering that particular local environment- it is largely country specific. Michael Porter has mentioned in his book ââ¬ËCompetitive Strategyââ¬â¢ that there are five forces impacting on the survival of any firm in a particular industry. These are (1) Barriers to Entry and Exit (2) Bargaining Power of Buyers (3) Bargaining Power of Suppliers (4) Threats of Substitutes and (5) Competitive Rivalry (Porter, 1980, 15). Obviously TESCO has to take a look at all these elements while considering its proposed entry into Bahrain. PESTEL Analysis of TESCO from the Perspective of a Setup in Bahrain I will start this part of my paper by narrating a short history o f TESCOââ¬â¢s origins and its methods of expansion as I believe these have an impact on organizational culture and managementââ¬â¢s thinking and analysis of opportunities and threats. I will next launch into the particular environments in Bahrain and see what opportunities or threats each of the six forces discussed above in PESTEL provide for TESCO in terms of setting up business here. Tesco began operating in the UK in 1919 after its founder Jack Cohen purchased a running business from one T.E Stockwell: he took the first three initials TES and added the first two of his last name CO from Cohen to serve as a name for the newly acquired enterprise. TESCO initially was a grocery store type outlet in which the founder sold surplus items. The first branded TESCO store made its appearance in 1929 in Burnt... This assignment is an attempt to conduct an Environmental Audit for an international brand TESCO entering Bahrain market. A company like TESCO must think very carefully before it embarks on an international expansion. The author believes conducting an environmental analysis and using the PESTEL format to analyze forces in the local environment of Bahrain may give positive or negative signals to TESCO management. Therein lies the importance of an environmental analysis to TESCO or any other firm considering investment in Bahrain. The work provides the description of a typical environmental audit. It involves the analysis of the following six forces affecting the business environment, in terms of the opportunities and threats they provide for new entrants. These are (1) The Political Environment (2) The Economic Environment (3) The Socio-Cultural Environment (4) The Technological Environment (5) The External Environment and (6) The Legal Environment. The analysis of each of these eleme nts separately indicate the opportunities and threats they hold for TESCO. The author also conducts the Analysis of Opportunities and Threats, Strengths and Weaknesses (SWOT), where the opportunities, threats, strengths and weaknesses regarding TESCOââ¬â¢s proposed entry into Bahrain are discussed. The conclusion of the work is TESCO will not go wrong in entering the Bahraini marketplace if it chooses to position itself as a low-cost provider and a premium goods seller, targeting all and different segments of the market.
Tuesday, February 11, 2020
Nursing shortages and Obamacare Research Paper Example | Topics and Well Written Essays - 750 words
Nursing shortages and Obamacare - Research Paper Example In addition, if the health care reform is adopted, it may enhance the number of people who need health care assistance to the number of those requiring health care services. One of the largest worries for health care directors is whether the nursing institutions in the United States can provide sufficient graduates to swap nurses who will consequently be departing from the nursing profession, and to meet the enhanced need in the imminent years. The Obama health care reform demands that all American citizens to be insured. It is presumed that there will be an enhanced need for workers in the nursing profession. There is a concern for nurses trained in American soil because it is assumed that the recruitment program proposed by the Obama health care reform will hinder their capacity to acquire positions in the nursing field after the completion of their nursing program. In the future, there will be an amplified nurse shortage. This is because the present nursing shortage will not lead to the creation of new nursing opportunities. An increase in nursesââ¬â¢ demand will probably amplify the ratio of nurses to patient and endanger the safety of patients. The National Healthcare Organization predicts that the whole of United Statesââ¬â¢ Health care system will collapse because nurses are perceived to be the foremost basis of all health care (Feldman, 2011). There will be not sufficient nurses to meet the large ratio of patients to nurses. Currently, the nursing profession faces a number of challenges. First, the safety of patients is compromised due to the shortage of nurses. The few nurses are forced to carryout additional duties so as to compensate for their inadequate numbers. There is a risk of errors being made by the few nurses due to extreme work load, fatigue and burn out. The dangers are enhanced when these nurses work for extra numbers of hours than they are required. When a nurse is overworked, perceptions become insufficient as the nursesââ¬â¢ pe rceptions start to extricate during phases of microsleep. Second, nurses experience burn out. Currently, the emergency units of different hospitals are being over crowded because of blood tests and additional processes that slow down the flow of patients. This makes the few nurses to become fatigued and experience burn out. Finally, the nursing profession is filled with aging nurses. This is because a large number of hospitals are concentrating on developing medical technology and neglecting the maintenance of sufficient nursing staff (Mitchell, 2003). Nursing problems will augment in the future. Obamacare permits every citizen to access health care (Barr, 2011). This means there will be an increase in patient number but not an increase in the number of nurses. Therefore, nurses will be compelled to work for longer hours than before. The long hours of work and the exhaustion that occurs pose a tremendous hazard to the safety of patients. This may lead to unplanned mistakes, for exam ple, taking the incorrect dose or form of medication, or identifying the improper patient. Also, nurses will experience high levels of burn out. Meeting the expectations of the enlarged number of patients will be extra demanding. The nurses will be too much stretched and may fail to realize the demands and needs of patients. Balancing long working hours and individual life will cause stress and, consequently, burn out. Moreover, there will be an increase in aging nursing staff. This is because numerous nurses have delayed retirement due to
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