Sunday, February 16, 2020

Strategic management Essay Example | Topics and Well Written Essays - 1000 words

Strategic management - Essay Example Strategic analysis of Johnston Press Plc business enviroment using PESTLE and SWOT analysis; PESTLE Political. Besley (2008) emphasized the company’s political environment is stable. The United Kingdom government is one of the most stable and easily predictable governments in the world today. Economic. Economically, the year 2010 is characterized by retrenchment. The company’s Limerick plant at Leader Print Ltd has finally closed shop after several years of trying to keep its revenues higher than the company’s daily operating expenses. Social. Gibson sings (2010) The company has been in the forefront of the United Kingdom society. The society has been used to reading the news from the Johnston Press printing plants for several years. In fact, Johnston Press is the second largest printing company in the United Kingdom today. Technological. The company has incorporated digital advertising as one of its biggest revenue generators. Digital advertising and publishing has many advantages. One such advantage is the company’s borderless sales probabilities. Clients from any part of the world can visit the company’s website and patronise the company’s publishing and other related services. Legal. The company has been complying with all the employments laws, work-related laws and other statutes. Environmental. The company continues to adhere to the environmental laws of the United Kingdom. The company does not pollute the country’s pristine rivers with its printing company’s waste products. SWOT Strengths. Johnston, (2010) reiterated during 2010, advertising categories and geographic market segments have performed profitably well. Property advertising has bounced back to a 9.5 percent growth from the 2009 accounting period’s property advertising debacle. Consequently, house sales have started to increase as compared to the 2009 house sales. Understandably, the 2009 low house was had been triggered by the Unit ed States-based financial crisis. Further, cost reduction that included a reduction from 5,640 heads to only 5,417 heads, has augmented the company’s profitability ratio. The company’s single editing process has increase production performance. The company’s newspaper titles include Batley News, Halifax Courier, Glasgow South and Eastwood Extra, Carrick Gazette, and Isle of Man Courier. Weaknesses. Johnston (2010) emphasized the company’s print advertising industry is been set to second place. The Johnston Plc’s print advertising has been losing to the new and innovative digital advertising market segment. The economic debacle has cut the company’s advertising revenue by a significant percentage. Opportunities. Johnston (2010) explained the company should focus on increasing digital sales performance, the internet and computer technology has metamorphosed the printing business into the digital age. In fact, the company’s digital sales growth had increased by ten percent during 2010 when compared to the digital sales growth in 2009. The company should increase its focus on selling of its display inventories. The early part of 2010 shows a slow but sure recovery from the debilitating crunch of the prior year’s unprofitable economic depression. Threats. Johnston (2010) theorized the lack of any influential increase in the economic activity in the Republic of Ireland threatens the company’s plans to increase it overall sales performance. Using Porter's five forces

Sunday, February 2, 2020

Patient Protection and Affordable Care Act in 2010 Term Paper

Patient Protection and Affordable Care Act in 2010 - Term Paper Example The last fifty years saw seen the enactment of serious health reforms including Medicare and Medicaid. The two have improved access to healthcare for the entire country’s citizens. The success of these reform policies serves as a benchmark for all future health reforms. However, as mentioned earlier not all reform policies have succeeded to this date despite the tireless self-dedication of many people. The (NHI) National Health Insurance is one of these policies. Discussions by historians help to point out why some policies have proven to be successful whereas others have not (Harry, 2010). The policy formulation stage is the first stage in the public policy making process. Analysis of problems and solutions occurs during this stage in the agenda setting process (Mark, 2012). Also, discussed are the reasons that could have led to the dire need for a reform to be implemented (Copeland, 2011). In this case, successful Medicare and Medicaid reforms; the need arose from the increa sed suffering of many citizens who had limited success to healthcare. Access to proper medical care is extremely expensive and not most low income earners can afford it. The responsibility of provision of adequate healthcare to the citizens lies with the government. One of the defining aspects of a successful government is its ability to cater for its people especially in the health department. This is because a healthy population directly translates into a healthy workforce. The economic success of the entire nation depends on its citizens (Harry, 2010). There also existed an international outcry from the international community. Organizations like (WHO) World Health Organization and the (UN) United Nations have a list of expectations for all its member states. Provision of adequate healthcare is one of these requirements. USA, just like all other countries had to ensure their policies were in line with these expectations (Lambert, 2010). The need for NHI arose from the countryâ₠¬â„¢s need to equip all its citizens with health insurance. This meant that even the poor could afford such a service. The American constitution considers all men equal and from this perspective all citizens are rightful owners of the country’s resources. NHI is more complex than the other two successful reform policies making it hard to implement. Trials for its implementation have failed time and again because of these problems. Ideological differences are one of the key milestones yet to be conquered (House, 2008). Karl Marx, a prominent sociologist, explained such behaviors in his conflict theory. He advanced in it that conflict when people of the ruled or subordinate class seek to improve their economic status and move up to the ruling class (Foster, 2010). Naturally those in the ruling class would view this as a threat and conflict would ensue. In the case of the NHI, the two groups would have opposed ideologies. The affluent would advocate for the national resources to be directed to other ventures that would benefit them. On the other hand, the under privileged would demand for the resources to be directed towards ventures that would ease their economic hardships (Lambert, 2010). Bureaucracy comes with increased levels of development within a country. The strength of interest groups has to be solicited (Vivar, 2011). These groups prove most influential especially in the enactment phase of the reform policy. They can