Friday, February 28, 2020

Marco and Mirco Economic Affecting the Performance of Aon Corporation Essay

Marco and Mirco Economic Affecting the Performance of Aon Corporation Shares - Essay Example This paper will seek to analyze macro and microeconomic factors of this company affecting its daily performance in thte sale of its shares in the stock exchange market. Although the company has been receiving different awards in different categories in its services provision arena, there are other factors influencing its performance of its major product, shares, in the stock exchange market. Aon has relevant demand and supply factors that influence its sales of shares and the volume of accrued profits at the end of its fiscal year. For instance, there are global factors that affect its reinsurance brokerage supply chain such as record reinsurer capital. Documented evidence shows that, due to reinsurance supply of reinsurer capital, the level of reinsurer capital increased by 17 percent, during the first nine months of 2010, surpassing its peak capital level of 2007. Surprisingly, reinsurer capital of Aon is still in excess of demand for capacity up to date and because of this demand, the level of traded shares increased drastically. According to Aon Benfield, the demand for its shares has been a fundamental and overwhelming factor for the majority of its services. This is because; insurers are facing downward pricing pressure forcing them to release more of their redundancies hence increasing their demand for reinsurance (Baumol & Blinder, 2008:84). This is practically vital for Aon Corporation since increased demand for reinsurance means more profits as stock exchange market participation rises in order to raise adequate funds for the extra demand and supply. The market structure of Aon Corporation with response to trading of shares in the stock exchange market is a wide one, figured to deliver the best and effective services to its active stock exchange market share buyers and sellers worldwide through sub branches, online, or phone (eTrade) (Wapler, 2003:46). Due to its need to have a structured market globally, it established Global Business Units that help to integrate its corporate culture of work within as well as across borders. What connects all these units is the Company’s shared purpose and vision, which has uniform standards together with a state of the art technology. This global network of companies provides the most effective structure of market suitable for its share trading and active participation in the stock exchange market. There are few things that Aon Corporation should do in order to, either continue making profits in this market structure or move towards more profit generating market structure. To begin with, Aon has an organic market structure that depends primarily on its existing demand for risks, need for insurance, human resource consulting services and hugely on share trading. Secondly, its structural market also targets corporations, government arms, insurance companies and so many other organizations with potent ability to actively-participate in the stock exchange market. With such a broad market s tructure, the company continues to record a great deal of profits from its sell of shares. Despite accruing profits from sell of its shares at this structural market, the company experiences cyclical economic swings owing to stock exchange market fluctuations that impose more pressure on the active participation in the stock exchange market of the company. As a result, there is need for maintenance and creation of a more reputable market structure

Wednesday, February 12, 2020

Nurses Role in the Field of Health Care Essay Example | Topics and Well Written Essays - 750 words

Nurses Role in the Field of Health Care - Essay Example Professional nurses require a legal system that regulates their professional and or ethical activity. In addition, there are professional bodies that are responsible for admitting different professionals into the mainstream practice after training and certification. Nursing regulatory bodies admit these professionals into the profession after assessing and evaluating their suitability to become professional nurses. Professional nursing and Nursing stereotypes A professional nurse should embrace patients as well as the loved ones/caretakers in good faith. They should not only be willing but love their work to succeed in caring for patients. Services to patients should be put first before any other thing, financial interest included. In addition, nurses need to be presentable at all times (Allen, 2001). The appearance of a nurse should always be pleasant to everyone as this will be interpretive of the quality of service he offers. Nursing has been invariantly labeled as a career for th e feminine. The public views this profession as a reserve for the female gender and should not be ventured into by the males. In fact, some of the male nurses have been labeled as pansy and their sexual orientation questioned. Moreover, nurses are also viewed as subservient compared to the medical professionals and often seen as sub-standard workers to the physicians and effeminate type casting on the male nurses. Plainly speaking, nursing is not entirely a feminine affair. Both males and females have the capability to pursue this career as a choice. Secondly, nursing complements other healthcare skills and not necessarily subservient to them. Without nursing, the role and successes of the medical doctors are largely limited and may hardly operate. It is important to note that the disciplines in the medical loci are intertwined in terms of roles and none is subservient to the other. Role of Nurses Unknown To the Public A nurse acts as the patient’s advocate. For instance, a n urse will always support the needs of a patient first. The public is usually unaware of this role of nurses. Secondly, unaware to the public, nurses are involved in the spiritual wellbeing of the patient. It is quite essential that patients are counseled and guided spiritually according to their beliefs; such acts would include bible discussion and spiritual uplifting through prayers and meditation, depending on the beliefs of the patient in question. Among nursing theorist that are real role models to current and aspiring nurses is Dorothea Orem. This assertion is due to fact that many nurses always embrace her theory of â€Å"self-care being a basic human requirement.† Orea asserts that people are distinct individuals and should be primarily responsible for their own care before eventually â€Å"devolving† care to other members of the society (Gordon, 2005). Nurses and Medical Doctors At personal levels, many nurses do not confide to the opinion that nursing as a car eer merely involves following up instructions from doctors. Instead they implement the instructions given to them by doctors. This function they do not do blindly but in line with their professional skills and trainings. They are not being ordered on what to do; rather, they already have the knowledge of everything required of them (Larrabbee, 2009). Nurses are also responsible of the well-being of their patients (Nettina, 2001). In fact, the recovery of patient