The Ethical Issue Of Anthem Essay - 1702 Words

The ethical issue Anthem faced is that employees felt they were betrayed and that Anthem violated their relationship which was built upon promises. This happened as result of a company decision and its communication thereafter. Description of Anthem Anthem Inc, a leading health insurance company that provides health insurance for personal, business and government entities across the States. Anthem is a prosperous company, ranking within the Fortune 50 list, with total assets equaling $61.7 Billion. They have over 52,000 associates to serve over 39.8 million members. The company has presence in 14 States and continues to offer its services in growing markets (â€Å"Stats and Facts†). Although Anthem is regarded as highly lucrative, the company’s profit margins are extremely low due to the highly competitive and regulated industry. Because there is limited opportunities for market growth, health insurance companies remain competitive by merging with other companies. Anthem is currently in the process of finalizing an acquisition deal with Cigna. This deal has been faced with much scrutiny and pushback from government due to monopoly regulations. If the deal does not go through, Anthem will have to pay a large penalty fee to Cigna. Along with this financial cost, Anthem would also lose time and resources that they have dedicated to this strategy over the past two years. Because of the competitive environment and high stakes, Anthem began cutting costs throughout the company.Show MoreRelatedColin Kaepernick s Kneeling Protest1316 Words   |  6 Pagesknee or sitting during the national anthem. This stand has become way more than a simple silent stand as many people around the nation are starting to voice their opinions on this subject. Even though everyone argues their thoughts on this subject. 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Community Service Free Essays

Reflection  Paper With  the  Community  Service  Project  come  many  needs  and  priorities. Some  will  be easier  than  others,  and  some  will  be  harder. For  example,  we  would need  to  recieve volunteers,  because  only  one  person  could  not  just  do  everything  on  their  own. We will write a custom essay sample on Community Service or any similar topic only for you Order Now Next,  we would  need  to  recieve  methods  of  transporting  food  to  the  various  families  that  need  it the  most,  either  from  buying  them  or  obtaining  them  through  donations. Although  these things  are  important,  the  most  important  thing  is  receiving  the  food  from  donations, because  the  food  is  what  everyone  is  here  for. While  there  may  be  many  things  to  deal  with  to  make  this  operation  work, there  is  a  plethora  of  things  that  we  can  do  to  combat  these  internal  problems  to  fight  the real  problem. To  fight  how  we  need  volunteers,  we  could  go  on  campaigns  to  collect volunteers  and  donations  from  good  sumaritans. To  obtain  the  transportation  needed, we  could  find  cheaper  vehicles  that  would  fit  our  needs,  or  some  of  our  volunteers  might lend  or  donate  us  their  vehicles. Finally,  we  could  put  out  a  survey  to  homes  around Contra  Costa  County  to  get  an  idea  of  the  neediest  homes  in  our  county. While  we  might  have  a  plan  for  our  nonprofit  organization,  there  are  still  things  we need  to  investigate  before  we  start  anything. Firstly,  we  need  to  know  exactly  how  many families  need  food,  and  where  they  live. We  also  need  to  know  roughly  how  many people  will  volunteer  after  we  get  the  word  out,  based  on  figures  from  other organizations. We  need  to  know  what  vehicles  to  buy  that  is  the  most  efficient  for  the How to cite Community Service, Papers Community Service Free Essays ?The concept of requiring community service of college students as a requirement for graduation is based on the idea that communities and individuals can be helped in their development through volunteer service. Community service provides the opportunity for students to share their knowledge, skills, and abilities with someone who might not have benefited from such actions otherwise. Community service should be a requirement for college graduation because it helps to alleviate problems of society, positively molds a student’s manner of thought, and helps the student achieve career goals in his or her future. We will write a custom essay sample on Community Service or any similar topic only for you Order Now When college students devote even minute amounts of their time to the community, their intelligence, compassion, and expertise can influence society in many ways that are greatly needed. There are many places in which educated help is needed, like organizations and leadership positions, instead of unskilled manual labor, which is needed, but cannot be successful if there are no volunteers to fill the specialized positions. Even a short amount of time with a service organization or a single event can expose a student to a meaningful learning experience, and that one student can impact one disadvantaged person’s exist. Community service does not have just one single meaning, however it has many. Community service means something different to every person in the world. To me community service means helping not only your community, but also your school, state, and country. It means to be kind and caring to others, to help out those who are less fortunate then you. Community service is when you take time out of your life to do something that will better other people not only physically, but also mentally, and in addition will improve your surroundings. What I enjoyed most about the Greek Club in Egypt was how the people helped each other and how friendly the people were. All they thought about was how to get through the day as a team. Helping people seemed the most enjoyable thing in like to them. Giving back to the community without taking anything in return was the one thing that satisfied each one on my team. However, what I disliked about the Greek Club is that if people don’t know you well, they will treat a little harshly until you prove to them that you’re not just here to complete your hours, your actually here because you care about the people. The fact that they treat you like that is a little annoying but I understand the reasons behind it. How to cite Community Service, Papers Community Service Free Essays Community service isn’t about padding one’s resume, it isn’t about doing things so that one might be proud and arrogant about it. But it is the dawning realization of to the greater understanding our humanity, our fragility and a greater appreciation of the great lives that so many of us lead and deem to be â€Å"normal† when it pretty much is extraordinary in its own respect relative to many other individuals around the world. I spent my hours, dedicated to Community service, as an intern at the North Shore Long Island Jewish Hospital. We will write a custom essay sample on Community Service or any similar topic only for you Order Now Although taking part in this internship was initiated in order to further my knowledge and experience in the medical field, I was taught how to make relations with unknown people that were for the most part, ill. This has been one of the greatest experiences because I got the chance to interact with many different types of people including doctors, nurses, hospital staff members, and patients. This was a double gift for me because my interests in medicine have been greatly expanded and I was given the honor of being able to help those that were in need, whether it was reading a short book to them, or even closing the curtain in their room upon their request. â€Å"The best way to find yourself is to lose yourself in the service of others. †- Mahatma Gandhi. This quote summarizes my experience at the hospital, where I was able to find myself in respect to humanity. When I first got notice that I would be working in a hospital, I was ambivalent: thrilled that I would finally get a chance to experience first-hand what people of the health profession feel, and reluctant because of the atmosphere that would surround me for three hours of a day. Though my intuitions were right to some extent, I didn’t even get a chance to notice the shortcomings of my internship at the hospital. I was always busy with some job or another; from patient interaction to clerical work, my hands were always busy. The first day I went to serve my time at the hospital was quite possibly one of the most enlightened days of my life. I learned more in the three hours than I would in a week if I were to go straight home. Throughout the winter term internship at NSLIJ Hospital I was able to observe a vast array of medical specialties. I learned what it means to be a part of the medical field, and the responsibilities that go along with that. I spent the majority of my time at the hospital shadowing doctors as they went about their daily practices: seeing patients, performing procedures, analyzing test results, collaborating with other doctors, etc. This internship was incredibly valuable as it opened my eyes to time, dedication, and care it takes to become a good doctor. Every few weeks, the interns would switch positions, so that everyone could be a part of most, if not all, departments. There was the ICU, for burn victims; the Children’s Ward, for newborns and infants; the Clerical section, where filing took place; etc. If we were lucky enough, we got the chance to see an actual birth taking place, of course the permission of both the doctor and patient was need along with a strong stomach. In my opinion, the hospital internship is one of the most effective ways in not only putting a person who wants to pursue a career in the health professions on the right path, but also in interacting with people of all sorts. The best thing about this experience was that I was able to put a smile on people’s faces. I received more than just knowledge and experience from taking part in this internship- I received blessings. What more can a person ask for? It was an elderly woman that said â€Å"God Bless You† to me after I had helped her to sit up on her bed. I encourage anyone and everyone to participate in a program similar to this one, because it was beneficial to me in many ways. I was enlightened in the field of medicine and gained experience, I got a chance to build on my people skills, and best of all, I was the source of even the little amount of happiness that I was capable of providing to the people around me! How to cite Community Service, Essay examples

Role of Management Accountant of Fairfax Media Australia

Question : Review how the role of the management accountants is likely to have an impact in supporting management in the chosen company by providing information for creating customer and/or shareholder value. Answer : Management Accountant Management accounting helps to provide key and essential information to guide the management in making decision and management control. Management accounting is considered to be one of the most integral parts of the management process and accountant has been focussed as significant strategic partners in the firm management team (Gazely Lambert, 2006). Management accounting helps to provide a step of identifying, determining, analysing, communicating and interpreting information in the accomplishment of organizational aims and objectives. The report helps to provide a clear and precise idea about the role and impact of management accountant and their impact on the Fairfax media Australia. Fairfax is a multi platform media company in Australia which consist of several key or importance audiences (Fairfaxmedia.com.au, 2015). Role of management accountant in creating customer and shareholder value Financial statement help to produce a clear and precise idea about eh company financial position in the market. Accountant are considered to be one of the most irreplaceable part of organization as they are used to play multiple role which are scorekeeping, attention directing and issue solving roles (Wilmshurst Frost, 2001). Financial statement include three basic element which are balance sheet, income statement and cash flow statement which help to provide a brief picture of the company key business activities relate to the operation. Two major role that played by the management accountant of the Fairfax Media company are role of bookkeeper and the decision maker which eventually help to provide merit to the shareholder and customer. The management accountant provides a clear and precise idea about the financial statement of the company which eventually help the shareholder to determine the loopholes and issue related with the company. Identification of the loopholes and issue in the management of the company with the help of the analysis fop the financial statement help to take and make effective decision which help to overcome and take leading advantage over their arch rival. Financial statement analysis help the customer to determine the value of the company whether the company is making profit or not and the product and their service which eventually help to determine the growth of the company (Gazely Lambert, 2006). The book keeping management accountant helps to assure that the financial data of the firm like Fairfax Media is fair and the overall internal control is practised with key policy and procedure (Fairfaxmedia.com.au, 2015). With the help of the proper bookkeeping management help to ensure that the information regarding the financial information of the company and the financial reporting of the company is accurate and reliable. Conclusion Management accountant of the company play a vital role in making effective strategic decision regarding the company. The analysis of the company Fairfax media provides a clear and precise idea about the key role of the management accountant (Fairfaxmedia.com.au, 2015). The report helps to provide an in depth analysis of the decision making and role of the management accountant of the company Fairfax media which helps to provide the information for creating customer and shareholder value. Reference Fairfaxmedia.com.au,. (2015).Corporate Profile - Fairfax Media Limited. Retrieved 18 January 2015, from https://www.fairfaxmedia.com.au/Company/Corporate-Profile/corporate-profile Gazely, A., Lambert, M. (2006).Management accounting. London: SAGE Publications. Parker, L. (2003). The New Management Accountant.Critical Perspectives On Accounting,14(8), 812. doi:10.1016/s1045-2354(02)00183-1 Wilmshurst, T., Frost, G. (2001). The role of accounting and the accountant in the environmental management system.Bus. Strat. Env.,10(3), 135-147. doi:10.1002/bse.283