...Case Study: Blood for Sale (2.1) Question 1 Based on the case study, Sol Levin and his colleagues are the founder of Plasma International. He legalised the lucrative market referring on secure and uncontaminated blood. Regarding this question, Sol Levin’s company is running a business “just like any other business” in the country. Why did I accept this phrase? This is because one wouldn’t be able to acquire blood just like any other department stores, supermarkets, chain stores or hypermarkets as was mentioned by a woman working as a machine operator. However, I deliberate the sort of business he coordinate is open to moral criticism as well. Why is it open to moral criticism? It fosters an awareness and inequity towards the publics. The company has to realize what is right and wrong as a way to fabricate appropriate resolutions. As an illustration, it utters that the wealthy is capable to pay the monetary for the bloods without any hesitancy and live longer, where else the poverty-stricken can’t furnish to purchase the blood and they tend to live shorter. An example of a country is Africa. This manifest that there is no equality in selling the bloods between the poor’s and rich. Question 2 In my viewpoint, the Plasma International didn’t strike an unprejudiced haggle with the West Africans who donated their blood to the company. The Plasma International purchases blood at an amount of 15 cents a pint from the rural West Africans tribes. Later, they sell it to the United...
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...1) I believe that Sol Levin is running the business just like other company in the work in the country as you can’t get blood for just like any super-market but his type of business is open to moral criticism because on the other hand, it create a perception and inequity of that the rich who can afford to purchase the blood can live long and poor whom can’t afford live shorter. 2) Plasma international did not even strike an fair bargain transaction as they purchase from the poor west African tribes for 15 cents per but then was increase to $25 per pint when it was sold to America. Yes, Plasma international should have paid them at a Fair Market Value as it did in America. 3) In British, blood bank relies entirely of a voluntary system thus blood is neither brought nor sold and it available to anyone who need it without any charges and obligation to it. But compare to America, Blood must be procure due to the bureaucratization, paperwork and administrative require. To my perception, I believe the each have it advantages in system as such example are for British blood is free for everyone but the donors gain no preference over non-donor and there higher risk to distribute contaminated blood since it free but in America they have employ administrative and qualified medical consultant to ensure the quality of the blood. 4) For Sol, he fit to the Egoism model as the type of business he have only promote his own long term interest where he buy low and sell high for...
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...Blood for Sale: A Discussion from Multiple Ethical Dimensions To make money by selling blood is an issue and discussion for ages. The most vital factor is its ethical implications. When an egoist is asked about this topic, he presents his own valuable ideas. According to the ethical egoist, selling blood is not at all unethical. He presents a strong notion that if an action produces positive consequences for the doer, then it must be considered as ethical because it meets his own self-interest (Blackburn, 2003). If a person offers his blood to some patient in return of some money, then it should be important to analyze the type of consequences. The money or other benefits that he gains or achieves, exclusively meet his needs and produces good results for him. Therefore, from the egoist’s point of view, putting someone’s blood for sale is absolutely ethical and it does not violate any moral implication. The basic concept of Utilitarianism is that every action should be guided by a sense of emotion, focusing on the well-being of others. Utilitarian theory tries to ensure that we should act in such a way that would produce the utmost happiness for all from an overall perspective. Every action must be guided by forecasting the consequence of it. Utilitarianism also argues that human beings are primarily rational. Therefore, it is quite obvious that we will act from a rational perspective rather than from an emotional one. This theory is certainly ambiguous to some extent. The...
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...Blood for Sale 1. Is Sol Levin running a business “just like any other business,” or is his company open to moral criticism? Defend your answer by appeal to moral principle. Sol Levin is running a business like any other business person in the world. However, I think the type of business he is in open to moral criticism. I found it hard to make the same decisions. I do not have it in me to buy blood at a quarter and sell it for a dollar. In the world I live in, blood is life and you give the life for free. If I were firefighter, I would pledge to lay my life for another. Thus this idea is foreign to me. 2. Did plasma international strike a fair bargain with the West Africans who supplied their blood to the company? Or is plasma guilty of exploiting them in some way? Plasma international purchased blood from poor South African people for fifteen cents to the pint. They then sold it here in the United States for up to twenty five dollars per pint. I believe it absolutely is the exploitation of poor people to further the success of a few. A fair market value could have been paid at the rate it would have been paid in the United States. 3. What are the contrasting ideals of the British and U.S. blood systems? Which system, in your opinion, better promotes human freedom and respect for people? Which system better promotes the supply of blood? In the United States blood can be bought and sold in The United Kingdom it is not. I think that the United Kingdom model it promotes the actual...
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...ventured into the medical equipment industry with a sole intention of providing durable, affordable medical equipment for growing needs of medical attention of the United States and the world. The company has, since grown tremendously and has started producing different kinds of medical equipment ranging from everyday usage equipment, diagnostic equipment, and therapeutic usage equipment to life saving equipment. MTG currently employs around 5000 employees all over the world that includes technical personnel, researchers, factory workers and executives. The company has grown to be the third largest medical equipment manufacturer and provider in the United States with annual sales of $2.5 billion dollars. Currently the company acquires 15% (8% from China and 7% from China) of its revenue from international sales and looks forward to doubling that to 30% and increasing overall growth by 20%. Management Bios Perdita Das: Nationality: Bangladeshi Work Experience: University of Bridgeport, Bank of America and Orion Pediatrics Qualifications: B.S International Business and M.B.A International Business Involvement: University of Bridgeport Prashant Giri Nationality: Nepali Work Experience: worked in the Nepal bank limited for 3 years as a marketing manager, 2 year experience in Nepal stock exchange...
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...Annual Report 2013 In 1921, Terumo began meeting the challenges in medical care © Courtesy of the Kitasato Institute archives In 1921, Terumo Corporation was founded by several medical scientists and doctors, including Dr. Shibasaburo Kitasato to produce clinical thermometers in Japan. Until then, these vital medical devices were imported, and had been since the close of WWI. In the late 19th century, Kitasato studied in Germany under Dr. Robert Koch, a founding father of microbiology and proponent of the germ theory. In fact, Kitasato was the first person ever to succeed in culturing tetanus microbes, after which he propounded serotherapy. Later, serotherapy was used to treat diphtheria patients, saving many lives. After returning to Japan, Kitasato founded the Institute of Infectious Diseases, the School of Medicine at Keio University, and the Japan Medical Association. Today, Kitasato is known as the father of modern medicine in Japan. Terumo’ s mission remains unchanged: to persist in the quest of contributing to human health and life, to maintain an indomitable spirit and meet each new challenge with the same determination that our founder, Dr. Shibasaburo Kitasato maintained throughout his life. Corporate Mission Contributing to Society through Healthcare We contribute to society by providing valued products and services in the healthcare market and by responding to the needs of healthcare providers and the people they serve. Corporate Vision Terumo's unique technology...
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...the owner with (benefit). | 5Cs | 4 P’s | Customer * Material mgrs of hospitals * Healthcare professionals * Medical research institutions * Industry – hospitals, medical laboratories, non hospital health care centers * General public * VACUTAINER * MICROTAINER: Infants, children and geriatric patients, smaller volumes of blood | Product * Blood collection products: * Medical * Diagnostic * Industrial safety * VACUTAINER * MICROTAINER | Climate * 1983 – process of how US govt reimbursed Medicare patients affected healthcare industry * Hospitals are more conscious of inventory carrying costs * | Price * Evacuated tubes Avg unit price 6 cents – 8 cents * Needles – 6.5 cents | Company * Becton Dickison Vacutainer Systems * Supplier of blood collection products * NEW Z contract – * BD negotiated price and QTY with large accounts, but supplied its products with one or more distributors * Three business segments: (each was a profit centre) * Laboratory * Industrial safety * Medical products (3 divisions) * Needles, syringes and diabetic products * Pharmaceutical systems * Vacutainer blood collection systems | Place * Affiliated Purchasing Group (negotiated price w/ BD) * BD product distributors (negotiated price w/ BD) * Medical Products group pooled salesforce * 474...
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...The article talks about how the lack of legal rules in relation with organ transplants has affected Iran. Due to the lack of regulations the donor market has become a competitive business especially Kidney donations and these are primarily funded trough 2 major charity organizations in Teheran. The donations of kidneys for a could lump sum has become drastically competitive where people are advertising the sale of their kidneys on posters and papers along with their blood type and other information that they believe will attract a buyer. The article also talks about how desperate people just opt for this option without understanding the risks simply because of the lack of regulations for such transplants. One incident in the article states that a mother was willing to sell her kidney just so that she would have a dowry to find her daughter a husband and fund her wedding as their culture say that those are the duties of a parent. The article also talks about how the lack of such regulation in Iran promotes international organ trafficking. 1) Is the ‘Business’ mentioned in your case ‘just like any other business’, or is it open to moral criticism? Think of individual and social rights of stakeholders involved, principles of equity, justice and respect for human dignity when defending your answer. The business mentioned in the case is open to moral criticism because it involves the lives of people; it involves people giving out part of their organs. Some argue whether it...
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...Reccomendation Based on the analysis conducted by our firm, we are recommending you proceed with launching Oxyglobin. Our recommendation to release Oxyglobin prior to hemopure is based on the financial analysis performed on Oxyglobin (see exhibit A) and the need to fulfill the market demand of veterinary care and emergency centers with an adequate supply of blood. Financial Analysis Our team has determined the selling price of the Oxyglobin product to be $100. As defined in the table on the far right, our profit from Table A Financial Report_ January Sales Revenue $2,500 Cost of Goods Sold $1,600 Gross Profit $ 900 Fixed Costs Production Costs $1,250 Material Costs $ 1 Sales Training $ 300 Total fixed Costs $1,600 Net Profit(loss) $ 900 January Sales Revenue $2,500 Cost of Goods Sold $1,600 Gross Profit $ 900 Fixed Costs Production Costs $1,250 Material Costs $ 1 Sales Training $ 300 Total fixed Costs $1,600 Net Profit(loss) $ 900 operations will be $900k monthly or $10.8M annually. Through the launch of a marketing campaign and the new sales team, Biopure has an opportunity to distinguish itself as a company who is recognized as adding value to their customers through the utilization of new technology and advanced product at a rate in which consumers and distributors and pet owners are willing to pay. The market demand in revenue is approx. $300M...
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...had high blood pressure, heart disease and bronchitis. After researching this, I found out that most of it could have been prevent if she did not smoke. The chemicals used to produce them have been researched and are the cause for many of the disease and the effects it has on your body. Some people think smoking will keep them from gaining weight or that it keeps them calm but after researching this I think I could find a better way. Research has found that there are over 4,000 chemicals found in cigarettes which are harmful to the human body. The effects range from circulatory issues to immune issues. The research will validate the effects, of the type of chemicals used in the production of cigarettes and the effect that it has on the human body. The articles that I read validated that the chemicals use do cause harm to the body. Smoking is the gamble we take of getting illnesses, such as cancer or heart disease Smoking affects the circulatory system, heart, and other organs. Cigarettes harms your circulatory system by raising your blood pressure, less oxygen carried by the blood and damages the lining of the arteries ,to name a few . The chemical in which causes this effect is nicotine as well as other chemicals, it causes the blood vessels to become smaller and weaken, which is known as atherosclerosis. When this happens it causes the heart to work harder to move the blood throughout the body which causes your blood pressure to rise. Once you have a rise in blood pressure...
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...Smoking Bans Name School Smoking Ban Smoking refers to the tasting or inhaling smoke from tobacco products after burning them. Smoking is a practice that is common among all races and ethnic groups from all over the world(Brannon & Feist, 2010). Often, the phenomenon is practiced as a ritual in other regions of the world. Recently, it has been established that many young people in their teens and early adulthood smoke in an increasing trend. The most common form of smoking is through cigarettes(Brannon & Feist, 2010). However, there are other forms which include the use of bidis, hookas, pipes and shisha (Brannon & Feist, 2010). Tobacco products contain a stimulating substance called nicotine, which when inhaled or tasted leads to adverse health and other related consequences. It has been found out that smoking is an addictive activity which is hard to contain. Smoking normal cigarettes can be a foundation for more dangerous substances that include smoking weed and inhaling cocaine. Health institutions have come up with the possible effects of smoking both to passive and active smokers. Breathing problems, socioeconomic effects as well as chronic diseases like cancers are some of the dangerous outcomes of smoking. Several alternatives have been established to deal with the problem (Hyde & Setaro, 2006). Designation of smoking zones is one of the options that most nations globally have embraced with the aim of bringing down the negative...
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...obtained by bone marrow biopsy (often called a trephine biopsy) and bone marrow aspiration. A bone marrow aspiration should be performed as part of the same procedure. For patient safety and convenience, biopsies are usually performed on the posterior iliac crest. The biopsy specimen should measure at least 1.6 cm and, if it does not, consideration should be given to repeating the procedure, possibly on the contralateral iliac crest. Bone marrow examination is used in the diagnosis of a number of conditions, including leukemia, multiple myeloma, lymphoma, anemia, and pancytopenia. The bone marrow produces the cellular elements of the blood, including platelets, red blood cells and white blood cells. While much information can be gleaned by testing the blood itself (drawn from a vein by phlebotomy), it is sometimes necessary to examine the source of the blood cells in the bone marrow to obtain more information on hematopoiesis; this is the role of bone marrow aspiration and biopsy. { A trephine (/trɨˈfaɪn/; from Latin trypan, meaning to bore) is a surgical instrument with a cylindrical blade. It can be of one of several dimensions and designs depending on what it is going to be used for. They may be specially designed for obtaining a cylindrically shaped core of bone that can be used for tests and bone studies, cutting holes in bones (i.e., the skull) or for cutting out a round piece of the cornea for eye surgery. A cylindrically shaped core of bone (or bone biopsy) obtained with a...
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...measure. The use of biometrics allows one to uniquely recognize a person based on one or more intrinsic traits and/or behaviors. While there are numerous subgroups of biometric modalities, the focus for security will be on the following main groupings: fingerprints, hand-telemetry, vascular-palm vein, iris / retinal & facial. Palm- vein recognition is the seen as the most secure identifying trait in use thus far. Blood veins are formed during the first eight weeks of gestation in a chaotic manner, influenced by environment in a mother’s womb. This is why vein pattern is unique to each individual, even to twins. Veins grow with a person’s skeleton, and while capillary structures continue to grow and change, vascular patterns are set at birth and do not change over the course of one’s lifetime. To scan the veins, an individual’s hand is placed on the hand guide (the plastic casing of the scanner device) and the vein pattern is captured by lighting the hand with near-infrared light. Veins contain deoxidized hemoglobin, an iron-containing pigment in the blood that carried oxygen through the body. These...
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...Dangers of stress Stress Puts You in Danger Dina Haidar Global University Stress Puts You in Danger Stress is like spice - in the right proportion it enhances the flavor of a dish. Too little produces a bland, dull meal; too much may choke you" Donald Tubesing (Madison, 2011). Walter Cannon have found out during the year 1940 that stress triggers the fight-or-flight reaction which is positive mainly because it is designed to save our lives. And he described it as “an emergency reaction that prepares an animal for running or fighting” (Tennant, 2005). Under stress circumstances your heart pounds faster, blood pressure rises, breath quickens ,your senses becomes sharper. These reactions increases your stamina, speeds your reaction, and enhance your focus preparing you to either fight or flee (Tennant, john hopkins university schools of education, 2005) .it is optimistic when a person feels stimulated and able to manage the situation, handle emergencies meet challenges and excel. (Tennant, 2005) But there is no doubt that the negative effects dominates over the positives. . Stress is often related to deleterious physiological complications, It corrupts almost every system in the human body (Melinda Smith, 2012).A recent study has shown that 80% of the most commonly prescripted medicines in the U.S. are those of relates to stress illnesses (institute, 2009) .Everyone experience stress, and stress in...
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...HCS/455 Policy Topic Search and Selection The policy topic chosen for this paper is HIV/AIDS also known as the human immunodeficiency virus and acquired immunodeficiency syndrome. Polices in healthcare are necessary, to achieve a common goal of the organization at the same time keeping patients and healthcare providers safe. Policies around HIV/AIDS are important due to the nature of the illness and disease. There are many stakeholders in healthcare that can be affected by polices surround HIV/AIDS such as patients and caregivers. According to, "What Is HIV?" (n.d.),”The human immunodeficiency virus (HIV) is a virus that attacks the immune system.” HIV is passed from one individual to another through bodily fluids such as semen and blood. This can be passed from patient to caregiver if there are not policies in place for prevention, an example would be a nurse not recapping a needle after providing a patient with an injection. This would be a policy that every institution has to avoid a nurse getting an unnecessary needle stick. Another example would be a policy on contaminated items in an healthcare organization. Most institutions require using the bio hazard red bags, to disposes of anything that has bodily fluids or waste so those items can be handled with the appropriate precautions. The Centers for Disease Control also known as the CDC are dedicated to reducing the spread of HIV. According to "HIV/AIDS" (2013),”Through prevention programs, research and evaluation efforts...
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