Friday, May 22, 2020

Reflection Paper On Health And Rehabilitation - 1071 Words

Reflection Journal On Wednesday, September 23rd, 2015 I continued my preceptorship at Henderson Health and Rehabilitation. My preceptor was Mary Beth Rowland, and she ended up being about forty minutes late this morning. When she got there, she apologized and said she had to get some milk for her children to send with the babysitter. I understand that things come up, but it would have been nice if I was notified or if she told me to just come in at nine instead of eight. That was definitely my frustration of the day, because I felt like I could have been learning something those forty minutes, but instead I was wondering if she was going to show up. Around 0900 they had their morning meeting, which included their administrator, business office manager, social worker, physical therapist, activities director, director of nursing, and assistant director of nursing. This meeting was to discuss census, residents that were sent to hospitals, and events that happened on the previous and cur rent day. One of the problems that Mrs. Rowland had to help deal with in this meeting was how to distinguish the weight loss patients from non-weight loss patients in the dining room. Mrs. Rowland explained to me that they can get â€Å"dinged† by the Tennessee Department of Health if they perform actions in the company that could be considered singling out a patient. They ended up making the collaborative decision to order gold napkins. They said that they would deal with it, if it became aShow MoreRelatedCanadian Social Work Practice : A New Horizon Of Learning Essay1660 Words   |  7 Pagescritical theories and postmodern thoughts provides me significant and appropriate frameworks to practice as a progressive social worker in Canadian context (Morley, 2003). My exploration of reflective practice and the fundamentals of critical self reflection approach enhanced my understanding of specific client situations. Moreover, my learning about anti-racist and anti-oppressive pra ctice helps me to identify socially constructed structural factors which are oppressive in various clientele circumstancesRead MoreIntern Reflection Paper871 Words   |  4 PagesIntern Reflection Paper The internship that I acquired during the summer of 2010 at the Greenwood Sports and Industrial Rehabilitation Center (GSIRC), allowed me to gain an immeasurable amount of experience during my tenure at this facility. Within this period, the exposure to new concepts within the physical therapy industry allowed me to observe and work hands on with patients of all ages and disabilities that exposed me to various treatment plans and programs to restore client’s mobility. TheRead MoreThe Use Of Narcotics For Treatment Of Pain Essay973 Words   |  4 Pagespain has been increasing remarkably. According to Spine-health (2015), the uses of narcotics have risen sharply and have increased the role of addiction (para. 3). Nurses do fall in the trap of addiction for various reasons such as job stress, job work area or poor health conditions. Dufrene (2008) wrote, â€Å"Addiction is a chronic, inacurable, but treatable brain disease† (Understanding Addiction, para. 1). This pape r explores the human health experience of a wonderful nurse who shared her hardshipRead MoreThe Philosophy Of Nursing At Lehman College1110 Words   |  5 PagesNursing is a valued profession that serves to protect, promote, and optimized the health and wellbeing of individuals, families, communities, and populations through care, regardless of age, race, sex, diagnosis, financial stability, and abilities or disabilities. As time progressed, nursing has been regarded as a human science, in which it not only requires one to be knowledgeable and skilful in the field of health care, but they must also possess a strong desire and passion to care and help patientsRead MoreLeading A Team Into Change1629 Words   |  7 Pagesresponsible for the rehabilitation of clients into their homes. Our company have just secured a new contract from the Ministry of Health and needs to widen the scope of its services. As of the moment, we have 12 staff and the management advised me that we can emplo y 8 more staff. Therefore, I need to decide the health care services and the qualities of the new employees that we will hire. This paper will tackle about leading a team into change. Rehabilitation as defined by World Health OrganizationRead MoreReflection Paper On Physical Therapy1571 Words   |  7 PagesFinal Reflection Paper 1. This semester I had the opportunity to complete my fieldwork at Northern Physical Therapy. While Northern Physical Therapy has many local clinics, I attended the Wayland location. My experience at this site involved me showing up on Mondays for 5 hours and Fridays for 4 hours, totaling around 9 hours per week. At the Wayland location, the clinic had two Physical Therapists, Matt and Denise, an Occupational therapist, Anna, an Occupational Therapist Assistance, StephanieRead MoreThe Human Health Care System Essay941 Words   |  4 Pages In today’s health care system, addiction is prevalent and increasing involvement in the view of western medicine. National Council of State Board of Nursing (NCBSN) (2011) defines addiction as a physical or psychological component that leads to an uncontrollable use of drugs or alcohol and unable to control such behavior (p. 1). It is unfortunate that nurses fall in the trap of addiction for various reasons such as job stress and acce ssibility to medication. It is estimated that ten to fifteenRead MoreWrite a Report on the Use of Evidence Based Nursing Within Long Term Conditions (Ltc), Including Personal Reflection on How You Have Recently Used Evidence Based Practice in the Care of a Person with a Long Term Condition.1999 Words   |  8 Pagesnursing within long term conditions (LTC), including personal reflection on how you have recently used evidence based practice in the care of a person with a long term condition. 1. Introduction. 2.1. This report discusses the significance of using evidence based nursing for the treatment and management of long term conditions. It focuses on how evidence based practice influences the patient care and includes personal reflection of caring for a person with a long term condition with experienceRead MoreCounseling Reflection740 Words   |  3 Pagesprofessional counselor. This paper covers my reflections to the above questions. What I have Learned About Counseling that is Comforting For many years, the word counselor simply referred to any â€Å"professional who practices counseling† (Chaplin, 1975, p. 5). However, today, counselors are found in many settings and perform a variety of roles. For instance, they may serve as school counselors, college counselors, mental health counselors, private practitioners or rehabilitation counselors. I appreciateRead MoreEssay On Health Care Development1509 Words   |  7 Pagesthey have suffered from an acute illness. My unit will be focused on how to support recovery to the patient’s best possible health status promoting seniors’ opportunities to return to their home after an acute hospitalization. I believe that this development design framework will be a successful planning template for creating medical step down unit. The first section of this paper discusses the description of the proposed unit including a mission statement, prioritized values, and an organizational chart

Thursday, May 7, 2020

Conservatism vs. Labour Essay - 837 Words

Conservatism vs. Labour Conservatives: Conservative policy: There are two different types of Conservative. There is the Traditional Conservative and the Neo-Liberal Conservative (Thatcherite). Conservatives generally, are pragmatic. This basically means that each political situation should be judged on its own merits. This also means that the idea of a fixed political response or formula is rejected. However, it is interesting to note that many Thatcherites often adopted fixed principles for political action. There is generally a strong emphasis on order. Conservatives believe that the first concern of any government is to maintain order and security. There is also emphasis on†¦show more content†¦Other key players were Keith Joseph and Norman Tebbitt (aka Lord Tebbitt). A number of large industries were privatised and trade unions were knocked down from their powerful positions. In the eyes of a Conservative, trade unions are disincentives for enterprise as they place too many constraints upon an employer, thereby damaging the economy. They also reduced a wide range of welfare benefits, and direct taxation on incomes. Instead, VAT was raised form 8% to 17.5%. This effectively meant that people were no longer taxed as much on their earnings, but were taxed more on their spending. This meant that people had a choice; they did not need to spend, they could save instead. Many people thought that this favoured the middle-classes as they could afford to pay the increase on spending, whereas poorer people would not be able to pay this huge increase in VAT and would therefore not be able to buy things. Also, direct taxation on profits was reduced, thereby creating another incentive for the economy to perform well. As one can see; the Conservatives of that era stuck to their ideals and did not directly meddle with the economy. Instead, they altered the way taxation worked, and the power of trade unions to indirectly alter the economy. The New Right is also intensely nationalistic and takes a very firm line on law, order, and moral issues. To conclude, NewShow MoreRelatedThe Accruals And Going Concern Concepts1443 Words   |  6 Pagesthe banks a nd lender could have a general estimation to the repayment ability by reviewing the financial statement prepared under the accrual concepts. Nevertheless, accrual accounting is time consuming and therefore incurs the business additional labour costs (Vitez). It usually requires business owners to spend more time reviewing transactions and making journal entries for expenses not yet paid and revenues not yet received (Shanker). It may create hardship to small business. Another disadvantageRead MoreEquality and Diversity Essay3406 Words   |  14 PagesDrake, 1996). Whilst recognizing this, the model also accepts that EO policies cannot equalize society, that unequal abilities and merits inevitably result in unequal positions for the unequally qualified. Merit, thus, is the key criterion in the labour market for differential treatment (Mullender and Thompson, 2003). Becker (1998) highlights the ‘Sixties shift to formal equality’, recounting the second feminist movement during which feminists like Friedan (1963) argued that women and men, beingRead MoreCons and Pros of Internet16245 Words   |  65 Pagesstate-contingent payoffs, including those affected by financial reporting. 7 Watts and Zimmerman (1986) note the market origins of financial reporting and auditing more generally. 8 ACCOUNTING AND BUSINESS RESEARCH in how they run their capital, labour and product markets, and in the extent and nature of governmental and political involvement in them. It has never been convincingly demonstrated that there exists a unique optimum set of rules for all. Second, as observed above it is costly to developRead MoreNet Present Value and Business9074 Words   |  37 Pagesquestions and send them to the Coordinator of the Study Centre you are attached with. 1. Discuss and explain the relevance of the following accounting concepts a) Business entity b) Money measurement c) Continuity d) Cost e) Accrual f) Conservatism g) Materiality h) Consistency i) Periodicity Solution: FUNDAMENTAL CONCEPTS OF ACCOUNTING Accounting is the language of business and it is used to communicate financial information. In order for that information to make sense, accountingRead MoreDefine the Manager Terrain28443 Words   |  114 PagesGood Shepherd Street Ho Man Tin, Kowloon Hong Kong Contents Overview Introduction The manager: Omnipotent or symbolic? The organization’s culture What is organizational culture? The relationship between culture and management practices Strong vs. weak cultures Summary 1 3 4 6 6 7 8 10 The environment Defining the environment The specific environment The general environment Summary 12 12 12 15 18 Managing in a global environment Managing in a foreign environment The changingRead MoreHistory of Social Work18530 Words   |  75 Pagesindustrialization; it was driven by the democratic class struggle; and it followed in the footsteps of the nation state (Flora 1986: XII) Liberalism Vs Conservatism Is there a middle, or more rational, way? In the 20th Century there was a move towards developing a middle, and more rational, approach to the polar opposites of liberalism conservatism. Conservatism †¢ Republican †¢ Residual View of Social Welfare †¢ Resistance to change. †¢ Individuals are autonomous †¢ Government regulation and interventionRead MoreThe Role of Hr in an Organization5562 Words   |  23 Pagesin scope. Human resource management, just like personnel management, involves only MAN. Personnel Management is under the umbrella of Human Resources Management. Personnel Management vs. Human Resources Management * People Involved – Personnel Management deals with the rank and file workers (a.k.a labour management) as the middle and top managers are the domain of the CEO. In contrast, all those who help in the achievement of the organization goals from top to bottom level of the organizationRead MoreModern History.Hsc.2012 Essay25799 Words   |  104 Pagesprosperity†, Again, through government intervention, industrailaisation...also industrailisation in the 1930s was driven by the governemnt The influence of conservatism in the 1930s – an incomplete scaffold; more detail needed; but probably enough to write a paragraph or two in an essay on conservatism in the period 1919-1941. Conservatism became much less influential in the 1930s than it had been in the 1920s. Since many of the causes of the Depression were linked to conservative policies /Read MoreIntroduction to Large Scale Organizations18988 Words   |  76 Pagesinclude war, international trade agreements/embargo s, elections -Influence decision making of consumers and hence those of LSO s -Affect moral judgements of consumers -E.g. attitudes toward equal opportunity, scandals, working conditions, sweat shop labour -Many LSO s promote themselves as being green friendly -Vital as organisations cannot afford entire the infrastructure to train employees capable of driving an organisations objectives -Depend on schools, universities, educational institutions toRead MoreSci Damath Andoroid Game9675 Words   |  39 Pagesworked for a consensus on the composition of the new party organs under Mr Xi, indicated that the new leadership under Mr Xi may be more conservative and less political reform minded and more cautious in domestic matters. Will this domestic neo conservatism be reflected in external policy also and, if so, in what manner? Will the new leadership be more assertive in territorial sovereignty matters or more accommodating? Will it be more or less rigid in non-territorial matters having an impact on foreign

Wednesday, May 6, 2020

4541 Answer Key Midterm W13 - 2207 Words

AK/ADMS 4541 Advanced Corporate Finance Winter 2013 Mid-Term Exam Answer Key Question 1 (35 marks) a.) b.) (8 marks) (4 marks) Calculating the EOQ. EOQ = SQRT(2 * F * T / H) = (2 * 80 * 200,000 / 1.00)0.5 EOQ = 5,656.85 kg (4 marks) Calculating the EOQ savings. Total cost = (F * T/Q) + (H * Q / 2) = (80 * 200,000 / 10,000) + (1.00 * 10,000/2) Total Cost @10,000 kg = $6,600 Total Cost EOQ = (F * T / Q) + (H * Q / 2) where Q = 5,656.85 kg = (80 * 200,000 / 5,656.85) + (1.00 * 5,656.85 / 2) = $5,656.85 Savings with EOQ = $943.15 = $6,600 - $5,656.85 per planning period (10 marks) Try Q (actually, EOQ) = 5,656.85 kg. Then total cost = order costs + holding costs + purchase costs = (80)(200,000) / 5,656.85 + (1.00)(5,656.85) / 2 +†¦show more content†¦Note: Using compound interest here is acceptable: PVDC = -96,470.09 PVDisney = -97,298.19 Question 3 (35 marks) a.) Proposed Terms (E) $2,750,000 $7,534.25 Sales per 365-day year Sales per day, S Sales growth rate, g -7.27% Up-front Variable Cost Ratio (VCR) 70.00% Collection expenses (EXP) at DSO 1.45% Bad debt expense ratio, b , at DSO 7.00% Discount percent, d 0 Discount period, days 0 Proportion taking discount, p 0 Non-discount period, days 56 k = company s annual nominal cost of capital 15% i = daily cost of capital 15% / 365 = Current Terms (N) $2,550,000 $6,986.30 70.00% 1.25% 7.00% 0 0 0 56 4.1096% Note: an annual nominal cost of 15% compounded daily implies an annual effective cost of { [ (1 + .15/365)^365 ] - 1 } * 100 = 16.18% per year. Cashflow timeline under proposed terms (11 marks) Proposed Terms In terms of the Zn formula 1st term PV from discount period $0.00 no discount period 2nd term PV from credit period $6,849.22 = 7,534.25*(1-0.07)/(1+ i*56) 3rd term 4th term PV variable costs PV credit expenses ($5,273.97) = 70%*$7534.25 ($106.79) = 1.45% *7534.25/(1+ i*56) Zn =$1,468.46 = NPV per day of proposed terms Cashflow timeline under current terms (11 marks) In terms of the Ze formula Current Terms 1st term PV from discount period $0.00 no discount period 2nd term PV from credit

Consumption Pattern in India Post 92 Free Essays

Change in consumption pattern in India since the 1950s due to the effects of liberalization, globalization and demographics changes Since 1950 the global economy has nearly quintupled. The American Dream has become a model for most developing nations. With the critical rise in Indian population the consumption increases significantly. We will write a custom essay sample on Consumption Pattern in India Post 92 or any similar topic only for you Order Now It’s an assertion of this research project that consumption pattern will change whether by design or by default. Introduction The one billion consumers in affluent nations are being joined by one billion new consumers in developing and transitional nations.Although these new consumers do not yet have the spending capacity of the established consumers, they have enough discretionary income to consume in far more expansive manner than the bulk of their fellow citizens. A good number can even buy cars; in 1997, more motor vehicles were sold in Asia than in Western Europe and North America combined. With potentially twice as many new consumers in the next ten years, the global community should be interested in the new consumers. This raises several fundamental questions: * Can the new consumers be enabled to engage in enhanced consumption in a manner consistent with sustainable development? What can they learn from the mistakes and positive experiences of the long time affluent n ations in order to keep their environmental impacts at acceptable levels? * How far can the established, affluent consumers be persuaded to adopt more sustainable lifestyles which could serve as models for the new consumers? Moderation in the growth rate has come with some good news, with the country’s per capita income expecting to more than double over the last seven years to Rs38,084 in 2008-09, reflecting improvement in the living standards of an average Indian.Per capita income, according to advance estimates for national income, is expected to grow by 14. 4% during the fiscal 2009, the highest growth rate recorded in a single year in the last decade. The country’s per capita income, which is an important indicator of economic development of a nation, was Rs18,885 during 2002-03. Consumption Pattern In India O n 15 August 1947, India woke to a new daylight of sovereignty: finally we were masters of our own vocation after some two hundred myriad years of British rule; the job of nation building was now in our own hands.The leaders of independent India had to decide, among other things, the type of economic system most suitable for our nation, a system which would promote the welfare of all rather than a few. India would be a ‘socialist’ society with a strong public sector but also with private property and democracy; the government would ‘plan’ for the economy with the private sector being encouraged to be part of the plan effort. The ‘Industrial Policy Resolution’ of 1948 and the Directive Principles of the Indian Constitution reflected this outlook. In 1950, the Planning Commission was set up with the Prime Minister as its Chairperson. The era of five year plans had begun. To increase the production of goods and services the producers have to adopt new technology. For example, a farmer can increase the output on the farm by using new seed varieties instead of using the old ones. Similarly, a factory can increase output by using a new type of machine. However, modernization does not refer only to the use of a new technology but also to changes in the social outlook such as the recognition that women should have the same rights as men. ________________ The economic reforms of India can be divided into mainly two segments- * Post-Independence Era Post Liberalization Era ————————————————- A PLAN spells out how the resources of a nation should be put to use. It should have some general goals as well as specific objectives which are to be achieved within a specified period of time; in India plans are of five ye ars duration and are called five year plans. Our plan documents not only specify the objectives to be attained in the five years of a plan but also what is to be achieved over a period of twenty years. The five year plans are supposed to provide the basis for the perspective plan.Our five year plans do not spell out how much of each and every good and service is to be produced. It is enough if the plan is specific about the sectors where it plays a commanding role, while leaving the rest to the market. Since the beginning of economic reforms and acceleration in the rate of growth since 1990, the Indian economy has followed a growth pattern, which, on the face of it, appears to be different from the one observed in the historical development of today’s developed countries and also from that being experienced by similarly placed developing countries today.This uniqueness of the growth pattern of India needs to be recognized, understood and analyzed and its implications for longer term development strategy and policy broug ht out. Liberalization In the year 1991, a major economic crisis surfaced in Indian economy. At that time, the economy was slowing down, balance of payment position was precarious, and inflation rate was very high. At the same time fiscal imbalances were persistent in the Indian economy. Those times the Govt of India introduced some economic reforms measures and it was of 4 kinds: 1. Trade and capital reform measures 2. Industrial deregulation . Disinvestment amp; Public Enterprise reform 4. Financial sector reform The liberalization measures taken by the govt are: 1. Area of business once reserved for public sector enterprise was opened to private sector business. 2. Loss making units of public enterprises was transferred to private enterprises. However, there were no takers at that time. 3. Disinvestment of highly profit making units of public enterprises was initiated by the govt of India to correct fiscal imbalances. 4. Economy was liberalized to private sector both at the domestic level as well as, the foreign market level. . Licensing system was removed; in fact it was very much liberalized. 6. The power of MRTP commission was curtailed and the ceiling of investment was raised very much. In fact there was no limitation of investment. 7. Foreign Direct Investment (FDI), was permitted up to 51% in priority areas without the proper permission of the Govt. In another sector the Govt was ready to consider the proposal of investment relating to more than 51%. 8. All the sick units were referred to BIFR (Board of Industrial amp; Financial Reconstruction) for the rehabilitation of the sick units. 9.The policy of export and import was liberalized. The effect of liberalization was positively substantial on the consumption pattern in India. The industries started expanding rapidly after going to private hands. This became â€Å"pro bono† as it created more job opportunities. This enhanced income for public thus raising the purchasing power of the individuals. It ultimately improved the standard of living faster than the time that of pre-liberalization. Perhaps the most significant event occurred due to liberalization was establishment of (Security Exchange Board of India) SEBI.This gave a sense of security to people and thus people invested more and more. Due to stringent rules and regulations of SEBI, people became more conscious and by investment in equity they got a feeling of ownership. New companies started emerging due to liberalization. Removal of location restriction was a blessing for the domestic companies. So many new players came to the market. Investment limit was raised from Rs 2 lakh to Rs 5 lakh. So, people started investing more. This led to increase in national income. Modernization got its grip over culture. People could use upgraded technologies in their work.Due to financial reforms, banks adopted brilliant strategies concerning the quality and performance of their services in the eyes of customers. Globalization The term globalization has been defined by various business experts differently. Some says that globalization means extension of economic activities across the political boundaries of the nation states. Others say that globalization refers to integration of the country with the rest of the world. In India globalization has been taken to mean integration of the Indian economy with the economies of the world.It also means economic openness, inviting FDI, inviting MNCs to come and invest in Indian economies, encouraging Indian companies to form joint venture with the organization of the countries, compete in the world markets at their own cost without having help from the governments, main strategic alliance or form partnerships with the companies of the world. After liberalization and globalization free trade was possible between business entities. More and more foreign companies started investing and spreading to India. The consumers got a wider range of products, so they had options to choose now for the one that suits better for their need.People became more aware about various products and became brand conscious. The demand for better goods rose. So the companies became competitive about their services, price and quality. Now the paradigm had shifted from production orientation to consumer orientation. As a result of this consumers got better products at competitive price. The most significant effect was technological advancement. Foreign companies made mergers, partnerships and joint ventures with Indian companies. This impacted the sharing of superior technologies to Indian companies. This resulted in increased efficiency in production and product quality.Income due to globalization added to National income. Indian companies also started expanding to foreign countries. Trading abroad contributed to Indian foreign currency reserve. Because many companies shared and provided services in foreign industries, this created employment in form of BPOs and KPOs. As the economy opens up to globalization, households start to adopt food consumption patterns that differ from the traditional ones. The new dietary habits reflect global patterns, and could be quite unlike the habits that had developed locally over many generations.Consumers exhibit strong preferences for meat or fish, temperate zone foods such as apples and highly processed convenience foods and drinks all of which are readily available in the emerging supermarkets and fast-food outlets. A critical implication of globalization is the severing of the link between diets and the local availability of resources and local habits. In the second stage of diet globalization in particular, consumers have access to varieties of food that were not previously available to them. Thus, consumers are no longer constrained in their demand to purchasing local produce.Demographic Factor The market is divided into groups on the basis of variables such as age, family size, family life cycle, gender income, occupation, education, religion, race, generation, nationality and social class. Demographic variables are the most popular bases for distinguishing customer groups. The change in demography raised several questions before the companies like- which population should the firm serve? What geographical areas should the firm cater to? These questions point to segmentation, targeting and positioning for a particular product. The population of India has crossed above 1billion.That makes major chunk of world’s population as consumers. More people mean more diversity among their thought pattern, culture, income, perception. That becomes a challenge for a company to provide a product for all of them. Thus they started thinking about reaching every household and penetrating market. Recent trends indicate that the composition of nutritional intake in India is fast changing. Increasing income and urbanization demand more non-food grain products in the diet. The food grain consumption per person is decreasing in both rural and urban population.And the non-gain crops and animal products (dairy and poultry) are increasing their share of the daily nutritional intake. Increased per capita income has increased the standard of living. For the upper income group many brands have emerged. Ex- for watches- Titan Orion, for men’s apparels there are Park’s Avenue and Van Huesen, for shoe there’s Woodland and the list goes on. Conclusion It’s quite evident from the above research that India’s consumption pattern has changed greatly especially after liberalization and globalization. Consumers became the locus of control.In fact, it was them which drove the companies to go on. Liberalization and globalization actually became a blessing for India’s economic development and commerce cap. These are related to each other and crucially supplemented various growth patterns. Standard of living, per capita income, foreign currency reserve, brand consciousness, varied product range, etc. these are the fruitful results of globalization. Also, due to financial sector reforms, loans were made available easily, employment scope soared high, quality and package of service became richer, transactions were more secure.Technological advancement led to increased efficiency, detailed information and better quality product. Professionalism was introduced in the management of public enterprises. Furthermore greater autonomy was given public enterprises. How to cite Consumption Pattern in India Post 92, Papers

International Business Strategy of TeleMedicine †Free Samples

Question: Discuss about the International Business Strategy of TeleMedicine Australia. Answer: Introduction TeleMedicine Australia (TMA) provides an array of services through adoption of video-conferencing and other notable multimedia platform. It also makes it easier for a medical practitioner to dispense their services on 24/7 basis. The firm is currently based in the Australia. However, they do render their services internationally. The firm is anticipating to open more branches to other parts of the world and this particular time they are eyeing on the Indian market as a telehealth entrant firm. It is for this reason that the firm has to take clear analysis of the market in India in order to gauge their suitability and able to establish whether the environment would be suitable for their operations. TMA is currently utilizing the Electronic Medical Record which makes it simpler to use stethoscope and other important cameras in the room. Similarly, TMA does diagnosis using their online exam room site. One may also use their smart phone anywhere to access to the medical information of th eir children using the TMA online exam room. Feasibly, Telehealth is working tirelessly to see to it that it realizes incredible innovation that would make it easier for any medic using the platform to conduct their services under noble monitoring and utilizing of advanced technology. For instance, TMA is heightening its services to make it possible for patients from different parts regardless of their geographical location to access medical services at their places of convenience. Patients get better services using the apps on their smartphones. They do get the correct prescription when they log into the TMA telemedicine site where everything is online and immediate response is delivered to the patients at a particular point of their diagnosis using the telehealth. Therefore, it is ideal to indicate that there are various telehealth facilities rendering such services apart from TMA. However, for analytical purpose, it would be very prudent to only concentrate on the performance of TMA and its bid to expand its business to Indi a. The idea of moving from hospitals which are distant have been lessened through the operations of this telehealth centers which are making medical facilities reachable and accessible at any time of the day. One is not worried of any constraint at hand as everything is well taken care by the firm rendering such services. It has further been established that most patients enjoy this services and it is cost effective on their part rather than the traditional way that also used to consume a lot of somebodys precious time and very involving in terms of traveling every now and then. Economist model Using the economist model to judge the performance and suitability of this TMA, it is prudent to state that both Stochastic and non-stochastic model would be of great significance in analytical approach to come up with clear picture of the situation and assess its services at length. This virtually relies on variables that are observable over a long period. It is ideal to note that for one to know the services rendered by TMA, it would be very important to apply this model so as to ascertain its efficacy in its operations. In nutshell, the model squarely relies on statistics and majorly delves on descriptive type of statistics. This implies that there is the element of collection of data about TMA and using the statistical analysis such as use of SPSS to arrive at the position at hand at that length of time. Similarly, some relativism of comparison are made between the current and the past value performance to know the magnitude and performance of the entire firm for clear analysis. This model applies the use of social choice theory that majorly delves on qualitative and quantitave variables. The social choice theory encompasses combination of opinion, some preferences, and interests of particular organization so as to reach a common goal through integration of divergent views. This telehealth works in the approach that if the price of an item is increased definite ly the demand would go down. There is one on one correlation between the price and its constituent demand in any market. From the research that was conducted by the American Association for Retired people in 1996, the aged people prefer to get their medication and health services back in their respective homes. This is a clear attribution for the success of Telehealth as they render medical services at a patients point of preference or convenience. Therefore, approximately more than ninety percent of people who are above 65 years prefer to be treated at their homes and this makes it viable for telehealth to be of aid for this particular group. Primarily, with the introduction of the above medical scheme to different countries and most importantly in India, it would be of great benefit not only to the society but also nation at large. This provides an array of freedom and making the provision of services to be very flexible unlike the rigidity that used to be observed from the traditional way of dispensing same medical services. This kind of freedom is the one that makes most of the clients to fully fee l affiliated to the firm leading to its fastest growth in respect to other sectors. It has been further established that this way allows a patient takes the medicine duly and thereby improving on their adherence their adherence which plays a very instrumental role on their health. Ideally, one gets the care and other health services that are of primary value since the care has been closer to them and they can have one on one interaction with the medics as one can pose a question related to their health status to get clear and fast response on what is taking place. Therefore, telehealth has greatly reduced the cost and the bustles of regular visitation to the hospital. It is the best operations that ought to be fully embraced as it results to positive results and further provides a better avenue where one would be able to get the best services without incurring much. The Porter Diamond model This model squarely relies on the following elements namely; chance, factor conditions, firm strategy, government, and related supporting industries. TeleMedicine Australia (TMA) is anticipating to open its operations in India. There are innumerable factors that it has to be put in place to actualize this. First, it has to critically take look at the Indian environment in various aspect. Above all carrying out PESTLE analysis of the said country before initiating its business would be very prudent as TMA would know whether the political situation within India allows one to favorably invest and conduct their business well without any much hindrance. Factor conditions Looking at the political situation, the aforesaid firm ought to establish whether the above policies being formulate by the government of India is favorable for the foreign investors. This is the bottom line of everything as the firm squarely depends on the political situation and policies of a place to make rightful decision to its business before its commencement. Moreover, this allows a firm to make some analysis of the Foreign Direct Investment in India to ascertain whether they are engaging in profit making business in a foreign country. It has been found out that some countries put some stringent measures on foreign firms thereby limiting them to fully invest in such countries due to those measures which seem to be hard for a foreign investor. The magnitude of technological move matters a lot in a given country. This in essence means that in well advanced country, technological improvement is key. This makes the competition to be very stiff as there is much advancement in terms of technology. The notable thing about India is that the level of corruption is very low and thereby the economy has not been significantly affected. According to the research that was carried out in 2005 by National Health InformationManagement Advisory Council (NHIMAC), it was established that India is 79th place worldwide in terms of corruption. This is not badly off as compared to some countries in the world. Additionally, there is political stability and thereby a firm would not assume high volatility rate as compared to when a firm inve sts in a very hostile environment that is very unpredictable. Demand conditions Most of the targeted group live in urban centers where they can aces the electricity and able to be online on 24/7 basis increasing the demands for personnel who would anticipate to get services from the earlier mentioned telehealth. Moreover, it is ideal to note that 95% of Indian population speak English and thereby this Similarly, it has been found out that most of the Indian population are educated and therefore accessing any pertinent information from the above mentioned telehealth would not be very hectic for them. Moreover, the government encourages the initiation of Fixed Direct Investment within their sphere which makes it possible for any foreign investor to invest in India with ease as there are no very stringent measures to block new entrant to the market. Government policy The second element which is of primary importance is the environment. This implies the business performance and acceptability of a new firm in the region. It is important for TMA to determine if the foreign firm are accorded favorable environment to perform their business well. Social aspect basically implies how the firm is ready to integrate the Indian population to their platform. This has to go along way with sensitizing of the targeted group on the primacy of getting their services using their application and site as clearly demonstrated. On the same breathe, the Indian government has not imposed quota system, and thereby allowing the trading activities to be conducted with limited hurdles in place. It is also imperative to state that the country has food security. This means that its citizens are well taken care of in terms of food or rather there is no element of food shortage experienced in the country. Chances There is viable market in India considering the fact that it is among the growing nations in terms of economy. This therefore suggests that it is an economic hub where most of the investors are eyeing there so as to initiate their firm. Another notable factor that boosts this is the fact that the environment is friendly and allows FDI which makes it friendly for this particular group from foreign firm to initiate their project there. Related and supporting industries There is significant support from other related firm making the business to be very competitive and ideal due to the great support that is accorded. Nonetheless, there is some level of competitiveness which is being posed by the international organizations that are rendering the same services to India. This thereby makes a firm to make a critical move especially at that particular time it is making its choice in order to have an ideal strategy for it to compete in the market effectively without losing track of competition. Essentially, there is large market in India and therefore for TMA to invest there it would have a big deal due to the large population of the Indians. Firm, strategy and structure and Rivalry There is duly process for the ward of certification to operate the business in India. However, as it had been stated earlier that the government encourages FDI and thereby does not have a lot of paper work procedure. This allows this new entrant to the market taking very less hectic procedure for admissibility in to the business in the said country. According to NHIMAC one may access medical services at their places of conveniences. That has been made possible through the realization of telehealth. Since most of the people have not fully embraced tis platform, it would be the initiative of TMA to see to it that they enlighten most of its potential customer on the primacy of registering on the site and being a register member to make any form of request easy especially when it is done on the site. This is meant to make the patients feel affiliated to the company and can make any request at any time of the day. It is this kind of freedom that ought to be further emphasized so as to reach more members to join and thereby expand their marketability within the territorial influence of India. As such, the client is brought to realization that they need to be in contact with their medicinal value more than being with the medic as this platform and firm called telehealth offers that. Pant and Deepika, (2015) assert that patients feel at peace if they have less one on one contact with their doctors for treatment. There are some of the medication that only needs guidance through logging into the site and looking for the service that one requires and every detail of a client is kept confidential as the site which is well encrypted. In the past it has been noted that at times the information regarding particular patients usually leak to other parties who are not supposed to be partisan of the entire information. In order to curb this issue from recurring, telehealth has really solved a great deal of this problem thereby allowing a lot of things to take place without much worry and susceptibility on people confidential message or record. Virtually, the aforesaid firm has its own telenursing that takes care of the patients. Using this platform the welfare and the care of the patients is put into considerations as the patients get the requisite healthcare they require through the above mentioned site. Agarwal and Willem (2015) accentuate that multifaceted of activities can also be conducted through the Apps of TMA healthcare in India. It is important to define telenursing as the ability to offer or administer services to the patients through software application by giving out duly instructions that are of primary value to the patients. This devices they have fully been developed in such a manner to give alerts to patients and to determine the magnitude of their problem at a given point of their conditions. The nobility and primacy of TMA is that it allows caretaker to remain in one major point so that they can be easily found when need arises. Therefore, it is too aided by human personnel to solve some of the technical situation that requires one on one contact and direct interventions. Bibliography Acheampong, Faustina, and Vivian Vimarlund. 2016. 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