...Running head: MEDSCAPE INDIA INC. Medscape India Inc. Mohinder Deol Baker College International Business BUS401 Mary Stuart-Linthwaite August 11, 2008 Table of Contents Abstract …………………………………………………………………………..3 Introductory Section……………………………………………………………...4 Purpose of Study........................................................................................6 Limitations of Study……………………………………………………...6 Definition of Terms………………………………………………………7 Review of Literature……………………………………………………………...7 Discussion..............................................................................................................13 Review of Findings……………………………………………………….13 Interpretation/Analysis of Findings………………………………………18 Summary and Conclusions……………………………………………………….27 References.......................................................................................................…...30 Abstract Medical tourism, where patients travel overseas for operations, has grown rapidly in the past decade. High costs and long waiting lists at home, new technology and skills in destination countries alongside reduced transport costs and Internet marketing have all played a role. With the best infrastructure and medical facilities, comparable with any of the western countries, accompanied with the most competitive prices, treatment can be done in India at the lowest charges. The research suggests...
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...Running head: MEDSCAPE INDIA INC. Medscape India Inc. International Business BUS401 Table of Contents Abstract …………………………………………………………………………..3 Introductory Section……………………………………………………………...4 Purpose of Study........................................................................................6 Limitations of Study……………………………………………………...6 Definition of Terms………………………………………………………7 Review of Literature……………………………………………………………...7 Discussion..............................................................................................................13 Review of Findings……………………………………………………….13 Interpretation/Analysis of Findings………………………………………18 Summary and Conclusions……………………………………………………….27 References.......................................................................................................…...30 Abstract Medical tourism, where patients travel overseas for operations, has grown rapidly in the past decade. High costs and long waiting lists at home, new technology and skills in destination countries alongside reduced transport costs and Internet marketing have all played a role. With the best infrastructure and medical facilities, comparable with any of the western countries, accompanied with the most competitive prices, treatment can be done in India at the lowest charges. The research suggests that India represents the most potential as a medical tourism...
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...of perception of corruption * As with many developing nations, corruption is widespread in India. * India is ranked 72 out of a 179 countries in Transparency International's Corruption Perceptions Index, although its score has improved consistently from 2.7 in 2002 to 3.5 in 2008. * Corruption has taken the role of a persistent aspect of Indian politics and administration. Corruption In Politics * Criminalization of Indian politics is a main problem. * In July 2008 Washington Times reported that nearly a fourth of the 540 Indian Parliament members faced criminal charges, "including human trafficking, immigration rackets, embezzlement, rape and even murder". * At state level, things are often worse. The List of Scams in INDIA * A funny picture of how funds are going to divided among people. Corruption In administration * A 2009 survey of the leading economies of Asia, revealed Indian administration to be not just least efficient out of Singapore, Hong Kong, Thailand, South Korea, Japan, Malaysia, Taiwan, Vietnam, China, Philippines and Indonesia.. * Further it was also found that working with the India's civil servants was a "slow and painful" process. * Officials often steal state property like land, food (which is for poor) etc. * In Government Hospitals, corruption is associated with non availability of medicines (or duplicate medicines), getting admission and consultations with doctors Corruption In Judiciary ...
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...women in India recommendation Recommendations 1. There should be enough educational programs in all societies and cultures, both for women and men at the same levels . Aledejana, F .&Aledejana . http://news.bbc.co.uk/1/hi/world/africa/4370007.stm Aledejana, F .&Aledejana, T.I (2005). “Leadership in education” The place of Nigeria women. “International studies in administration, 33(2), 69-75. BBC news. (2005). Africa’s women speak out. BBC interview. Retrieved 1214/2007 from http://news.bbc.co.uk/1/hi/world/africa/4370007.stm 2. There should be enough opportunities of employments and participation in political parties along with security and safety for women and the seat allocation for recruitments of both genders should be considered on equality grounds. More funds should be allocated to women's development in the country. Narayanasamy S ( 2011) Retrieve 17 April 2014 from http://www.fsdinternational.org/devsubject/womensempowerment/india 3. Government should make it compulsory to incorporate the programme in all health care facilities of India for proper screening of all types of domestic violence and abuse. Adequate emergency treatments with rehabilitative measures should be provided. All health professionals should be made aware of domestic violence, its factors, possible treatment http://www.moneylife.in/article/the-problems-of-healthcare-system-in-india-and-how-it-can-be-overcome/35105.html (2008) The problems of healthcare system in...
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...Health Reforms in India Name Institution Date Health Reforms in India Introduction Reforms describe positive changes that are effected in a system or practice, typically with regard to political, social or economic aspects, with a view to realizing better outcomes from the system, process or institution. Reforms in different sectors within a region or state are geared towards improving efficiency in the process. Successful implementation of reforms results in improvement in the process outcomes. For example, when a country implements reforms within its justice system, improvements could be witnessed through an easier processing and completion of cases and better treatment of suspects and convicts. One of the areas which have seen reforms in various countries of the world is healthcare. Perhaps as a result of increasing appreciation of the value of a healthy population in socio-economic and political development, coupled with an ever increasing threat to human health, authorities in different countries, including the US and India are implementing a wide range of health reforms. In India, in particular, the government is undertaking reforms with a view to improving the access to quality healthcare for the citizens. This paper discusses health reforms in India, with a focus on the specific aspects of the reforms, and the extent to which it has improved healthcare delivery in the Asian country. The paper also provides a few recommendations on...
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...Ziqitza Health Care Limited (ZHL) Responding to corruption By: Chelsie Brantley Salifu Cham Donika Gibson Ghofran Mahrouqi Janeille Okpere Course: BUAD 625: Organizational Leadership and Ethics October 13, 2014 Ethical Issue: Sweta Mangal, CEO and co-founder of Ziqitza Health Care Limited (ZHL), an Emergency Medical Service (EMS) must decide how to respond to an official insisting that ZHL bribe him in order for him to release payment for ambulance services ZHL has provided. Mangal is confronted by a newly hired financial officer, Sanhay Rafati, who argues that if the bribe is not paid his office, will not be able to make payroll or maintain its ambulances, and that the company will face a terrible financial situation. The only alternative ZHL can take at this point is to take out a loan with a high interest rate, which will result in lower profits and may not be financially sustainable long-term. The founders of ZHL have pledged to operate with complete transparency and never pay bribes in its business transactions. As Mangal explains to Rafati, their commitment to these principles is absolute-part of ZHL’s DNA. ZHL operate in a highly corrupt environment in which it’s trying to change by example. Bribery is so common place that it’s viewed simply as part of doing business. Refusing to bribe the official can be detrimental, but ZHL has not only grown rapidly but has earned an international reputation that has attracted the investors. Furthermore, Indian society...
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...measures to curb corruption, foreign investors doing business in China must remain vigilant. Tuesday, June 04, 2013 , By Jim Barratt and Jimmy Ko China's economy is the second-largest in the world and continues to grow at an astonishing rate. Just recently, in fact, the Asian Development Bank forecasted that China's economy will grow by 8.2% this year. However, while economic growth brings business opportunities to all investors, continued widespread corruption in China has affected its government's legitimacy in maintaining prosperity in the region and can bring a multitude of risks to financial services companies that are doing business there. With China's recent transition to new leadership complete, it has been interesting to observe the ruling party's heightened focus on tackling corruption. Under China's new president, Xi Jinping, it has conducted a visible anti-corruption drive and imposed austerity measures in an effort to curb the display of wealth by government officials and generate goodwill among the Chinese population. While critics say that the recent measures target only the most conspicuous displays of wealth by government officials, the anti-corruption drive has already netted dozens of officials. Moreover, some perceive that the recent election of Wang Qishan as the new head of China's anti-graft body, the Central Commission for Discipline Inspection (CCDI), signals that the financial sector could be a focus in China's anti-corruption efforts. (Mr. Wang...
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...reviews from various sectors of society ranging from unequivocal support from big business, to downright antagonism from trade unions. What is clear from the document is that South Africa’s current trajectory is not desirable, nor is it sustainable in the long term. The NDP outlines a failing healthcare system as one of its nine “central challenges”. Debate around the world still rages around the private sectors role in delivering healthcare to the masses, especially in developing economies (Hanson et al., 2008). Universal coverage in these countries is virtually non-existent, and it will take strong collaboration between the private and public sector in South Africa in order to provide broad access to healthcare. An extension of this debate is how healthcare should be financed and whether it should be totally financed by the public or private sector (Bennett, Ellias, & Ole, 1994). This paper seeks to explore the potential use of Social Impact Bonds (“SIBs”) in the financing of healthcare projects in South Africa, as well as the potential benefits that may be achieved in mitigating widespread corruption in the country. The NDP highlights the need to analyze the current healthcare system as a whole, which includes the financial mechanisms currently in use, and how they can be improved. SIBs have been utilised effectively in developed economies such as in the United States and United Kingdom, however the first ever pilot project was only launched in 2010 in Peterborough...
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...blindness in India. With over 12 million blind people, 70 – 80% of the cases are primarily due to cataract that can be treated through surgery. However, the low per-capita income as well as the prevalence of cataract cases among the poorer sections of the society made the surgeries entirely unaffordable. Aravind Eye Hospital started off as a 20-bed facility in 1976 in Madurai, soon started a 250-bed main hospital and over time, expanded to Theni, Thirunelveli and Coimbatore. The central feature of the service provided is the clear delineation of services in the form of paid service in the Main hospital and non-paid service in the Free hospital. They also held several Eye camps to mobilize the poor in villages and spread awareness of the dangers of their ailments. The vision that motivates Dr. V is to market cataract surgery such that it reaches every nook and corner of the developing countries facing this problem. Clearly, profit or a healthy bottomline is not the motivator in this case. However, Aravind faces some real issues at the field level that need urgent resolution to help it achieve its mission of bringing eyesight to the masses of poor people in India. SITUATIONAL ANALYSIS The case of Aravind Eye Hospital has been analysed using the 5C framework – customer, company, competitors, collaborators and context Customers The term ‘customers’ cannot be applied to this case in its traditional sense since Aravind provides both paid as well as free services. In fact, the...
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...Corruption is efforts to secure wealth or power through illegal means for private gain at public expense; or a misuse of public power for privat e benefit. Corruption like cockroaches has co- existed with human society for a long time and remains as one of the problems in many of the world’s developing economies with devastating consequences. Corruption as a phenomenon, is a global problem, and exists in varying degrees in different countries (Agbu, 2001). Corruption is not only found in democratic and dictatorial politic s, but also in feudal, capitalist and socialist economies. Christian, Muslim, Hindu, and Buddhist cultures are equally be deviled by corruption Corruption in India From Wikipedia, the free encyclopedia Political corruption | Concepts | * Bribery * Cronyism * Kleptocracy * Economics of corruption * Electoral fraud * Nepotism * Slush fund * Plutocracy * Political scandal | Corruption by country | | Europe | * Albania * Armenia * Belgium * Bosnia * Denmark * Finland * France * Germany * Croatia * Cyprus * Czech Republic * Georgia * Greece * Iceland * Ireland * Italy * Kosovo * Latvia * Lithuania * Luxembourg * Macedonia * Moldova * Montenegro * Netherlands * Poland * Portugal * Romania * Serbia * Slovakia * Slovenia * Spain * Sweden * Switzerland * Ukraine | Asia | * Afghanistan * Bahrain * Bangladesh * Cambodia * China...
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...Plunder of India India now is witnessing not mere corruption, but national plunder. --Brahma Challeny, The Hindu, Dec 6, 2010 ESTIMATE OF DEPOSITS IN SAFE HAVENS Top 5 in the world India - $1456 billion (1.4 Trillion dollars) Russia - $470 billion UK $390 billion Ukraine - $100 billion China $96 billion Note: While these numbers are not substantiated because of secrecy, it does reflect the magnitude. Conservative Estimate by Global Financial Integrity India’s standing per Transparency International India’s Corruption Perception Index: 3.3 Scale of 0 to10 10 (highly clean), 0 (highly corrupt) India The Republic of Scams India, Republic of Scams 2G Spectrum Allocation Fraud, 1.76 lakh crores (40 billion dollars) Classic example of collusion between politicians, industrialists and media with high powered brokers. Indian Government refuses to constitute a joint parliamentary committee of all parties to investigate the scam (that resulted in total deadlock in entire last parliamentary session). India, Republic of Scams 2G Spectrum Allocation Fraud(2010) India Today Jan 3, 2010 No tolerance for corruption or deception? Govt refused Joint Parliamentary committee because based on proportion of MPs there will be majority representatives from other parties who will be able expose those who actually received money and deposited in swiss and other safe havens? Who are they protecting? According to Dr. Swamy, Sonia has taken a big share of...
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...PESTLE ANALYSIS: INDIA POLITICAL ANALYSIS Democracy is the focal point of the Indian political system, but is often constrained by social tensions due to religious, caste and linguistic differences. Some of the communal flare-ups—such as Babri Masjid in 1992, Godhra in 2002, and the large exodus of India’s northeastern migrants from the southern cities in 2012 due to fear of attacks by Muslims— have rocked the whole country in the past. In 2013, the country again witnessed communal riots between Jat Hindus and Muslims in the town of Muzaffarnagar (located in the state of Uttar Pradesh), which has been deemed as ―the worst instance of political violence in the country in the last decade‖. In addition, the government’s assent to the creation of a new state of Telangana in southern India has brought intensified demands for new states in other parts of the country, either on ethnic lines or for better administration. Current strengths Strong democratic setup India is the largest democratic nation in the world and principles of democracy are deeply entrenched in the Indian political system. Indian diversity is reflected in the federal political structure of government, where power is shared between states and the center. There are national level elections, state level elections, municipal elections and panchayat (village) level elections, all of which require citizens to exercise their vote. As per the World Bank’s Worldwide governance Indicators, India ranked in the 58...
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...Introduction The following investigative document presents an overview of the textile industries in two emerging countries: Guatemala and India. The document analyses, compares and contrast the differences in the institutional structures of both countries and offers specific details and analysis of the textile industries for local and international businesses. Guatemala Republic of Guatemala is located in Central America bordered by Mexico to the North, the Pacific Ocean to the southwest, and Belize to the North East Honduras and El Salvador to the southeast. The country is mountainous with small desert and sand dune patches, having many hills filled with people, except for the south coastal area and the vast northern lowlands of Petén department. Two mountain chains enter Guatemala from west to east, dividing the country into three major regions: the highlands, where the mountains are located; the Pacific coast, south of the mountains; and the Petén region, north of the mountains. All major cities are located in the highlands and Pacific coast regions; by comparison, Petén is sparsely populated. These three regions vary in climate, elevation, and landscape, providing dramatic contrasts between hot and humid tropical lowlands and colder and drier highland peaks. Volcán Tajumulco, at 4,220 meters, is the highest point in the Central American states. Demographics Guatemala is a country of youth; 70% of its population is less than thirty years old. The capital...
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...care Industry in India In India, the health care industry is split into public sector, private sector and a wide network of informal healthcare providers operating together in a large and unregulated network. This irregularity has caused wide disparities in access, especially in the regional and rural distribution of healthcare infrastructure. The Indian healthcare industry was valued at US$ 79 billion in 2012, and is expected to reach US $160 billion by 2017. The Indian healthcare sector is expected to grow at about 15 percent year-on-year, on account of factors such as rapid growth in infrastructure development, creation of demand for higher levels of healthcare and rising awareness of end users. The growth of the Indian healthcare sector is further driven by the 300 million strong middle class with significant disposable income, which is likely to demand superior healthcare services. According to the World Health Organization rankings, India’s healthcare system ranks 112th in the world .The quality of Indian healthcare are varied. In major urban areas, healthcare is of adequate quality, approaching and occasionally meeting Western standards. However, access to quality medical care is limited or unavailable in most rural areas. Rural India contains over 68% of India's total population, and half of all residents of rural areas live below the poverty line, struggling for better and easy access to health care and services. The bed to population ration in India is 1 bed per 1000...
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...public health care system in India has long been a major issue for the country. Many citizens have been unable to receive the proper health care due to high costs and the inability to reach a capable hospital. Dr. Shetty has founded the Narayana Hrudayalaya Heart Hospital as a solution to this major issue. Utilizing a cost leadership strategy, he has been able to significantly reduce the costs of cardiac procedures. By implementing a government funded insurance scheme, he has also allowed more people than ever to have access to this health care. As the hospital has grown in success, Dr. Shetty has expanded his operations to reach a larger portion of India and to include a more diverse range of procedures. Having built a strong foundation, Dr. Shetty has set his hospital up well to expand globally. Background The Narayana Hrudayalaya Heart Hospital is in Bengaluru, India where it aims to service a higher than traditional percentage of the population. One of India’s biggest problems lies within its public healthcare system. In 2003, India had a growing population of 1.03 billion, making it the second large country in the world. Within this population, the wealth is not skewed evenly compared to most first world countries. It is estimated the top 20% of the population holds half of the country’s wealth, while leaving more than 250 million below the poverty line. To make matters worse for the poor, only 1% of the GDP is spent on public healthcare. Although private spending...
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