...Advanced Information Management Western Governors University February 21, 2016 Regulation placed upon the healthcare system only seek to improve safety and security of the patients we care for. The enactment of the Health Insurance Portability and Accountability Act (HIPPA) and the enactment of Meaningful Use Act the United States government has set strict regulations on the security of health information and has allotted for stricter penalties for non-compliance. The advancement of electronic health record (EHR) systems has brought greater fluidity and compliance with healthcare but has also brought greater security risk of protected information. In order to ensure compliance with government standards organizations must adapt technologies such as CPOE and EHR. The use of such technologies also require organizations to develop policies and safeguards to protect both themselves but the community they serve. Team Members and Responsibilities To ensure success in the merger of the health care system, a team of highly trained and competent members will be needed. An implementation manager would be the leader of the team, responsible for keeping the project on schedule, keeping a list of practice issues that need to be resolved, scheduling go live dates, and also be responsible to delegate task to other members of the implementation team. A physician lead is another valuable member of the implementation team. Acting as a liaison between physicians and the implementation...
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...C156 Advanced Information Management– Task 1 A2. Analysis of Technology Two organizations migrating to a common health information system would need a system that meets current regulatory requirements, meets the needs of the combined organization and their practice environment. The implementation of a common health information system would require an interdisciplinary group of forward thinking innovators, and an interoperable electronic medical record system that includes standard nursing terminology. The technology needed in this scenario that would make this combination successful consist of network security measures to ensure security of protected health information under the federal requirements of HIPPA and HITECH. The use of emerging technology such as cellphones, tablets and remote technology should also be included in the discussions of creating a telehealth system that would accommodate both of the combining organizations. Telehealth not only includes communication between patients and healthcare providers, but also communication between healthcare providers in both of the combining organizations. Video conferencing can save healthcare providers time and money by allowing them to collaborate with one another without being physically near one another. A3. Identification of Team The interdisciplinary team on the project committee will consist of four team members. Team member A would be the project team lead in which I would nominate myself...
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...what country we come from, no matter what culture we represent, music exists in everyone’s life. Music can express emotions among different cultures. Therefore, music is universal. However, music needs people to perform and is affected by cultures. Facing with the same music, different people may have different understanding. Also, different cultures may have various interpretations. Therefore, music is not s universal language. 2. What are the potential problems in classifying music as “classical,” “folk,” or “popular”? Usually when people define folk, classical and popular music, they have to consider the background and history information. However, not everyone understands its background information. When people want to classify some new kinds of music, without background information, it may create some problems. For example, the definition of folk music relates to 19th century European culture. If people don’t realize its meaning, the definition may interfere their thinking. 3. How might an ethnomusicologist approach the study of Western classical music differently from a musicologist? Ethnomusicologists focus on the relationship between music and culture. When ethnomusicologists approach the study of Western classical music, they will analyze Western classical music under the background of history and culture. However, musicologists are more focus on music-making. When musicologists approach the study of Western classical music, they will learn to play the music....
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...relate to XBRL. 1. Extensible: The XBRL language is able to be extended. Users can add new ideas and phrases to the basic XBRL without changing its fundamental purpose, structures, or existing terminology. This idea is critically important in any discussion of XBRL. The original creators of the language could not possibly have anticipated every term needed by every organization over the course of even a few years-let alone a longer time period. 2. Specification: XBRL is a part of a larger group of languages referred to as XML. One common feature of all XML specifications is their extensible nature; another is their use as markup languages. So, XML consists of a series of descriptors added to various kinds of information that help users make sense of the information. As a specification of XML, XBRL is focused on descriptors of business reporting information-most often, accounting information. 3. Taxonomy: XBL is made up of several taxonomies, which, for the most part, are focused on specific industry groups. For example, the terminology that describes financial information in a manufacturing firm has some significant differences from financial terminology in a government entity. 4. Namespace: A namespace is like an XBRL dictionary. Remember what the X stands for: extensible. So if someone invents a new XBRL term, he or she has to let others know what it means. The meaning of the new term would reside in a namespace. Namespaces have internet addresses just like web pages...
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...You are expecting IBM stock price to go up in next 8 months, however you are not completely sure. So you decide to use just one option, either European call or European put on IBM stock maturing in 8 months to bet on your view about IBM’s stock price prospects. Suppose that the current stock price and the strike price for both call and put on the IBM stock is $50. (a) What option will you invest in? Explain. Call. Call price will go up if the stock price goes up. The losses are limited by the option premium paid. (b) At what price will you breakeven if both put and call options are sold for the same premium of $5 Breakeven stock price $50+$5 = $55 (c) Assume that the risk free rate is 3% per annum. Also assume that the standard deviation of IBM’s stock return is 30% per year. What is the Black-Scholes value of the option you have identified in part a? Step 1: find d1 and d2 d_1=(ln(50/50)+(0.03+〖0.30〗^2/2)×8/12)/(0.30×√(8/12))=0.2041 d_2=0.2041-0.30×√(8/12)=-0.0408 Step 2: find N(d1) and N(d2) Using the cumulative normal table obtain N(d1) = N(0.20) = 0.5793 and N(d2) = N(-0.04) = 0.4841 Step 3: calculate the call option value c=$50×0.5793-$50×e^(-0.03×(8/12) )×0.4841=$5.2393 (d) What is the time value of the option you have identified in part a? Because the stock price equals the strike price ($50) the total value of the option would consist of time value only, therefore the time value of this option is $5.2393 Problem 2 You anticipate that the volatility...
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...Introduction: In order to protect the interest of investors the Government has established Securities and Exchange Commission on 8th June 1993, the main function of which are to develop and regulate markets and ensure proper issuance of securities. This commission act as a Central Regulatory Agency that guides the entire capital markets. Thus a lot of policies and regulations were framed by the Government through the commission to protect and enhance the securities markets helping channelize savings of different investment opportunities. But now-a-days the dual authority of Bangladesh Bank and Securities and Exchange Commission could jeopardize the development and functions of Merchant Banking policy. There are mainly two players in our country who regulate, make rules, acts, in the security markets. These are the Government and Security and Exchange Commission of Bangladesh (SEC). Beside this the two markets Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) are also enable to make rules, regulations regarding their market affairs. Government Regulation: The government has enacted varieties of laws applicable to the securities markets. These laws were the result of certain abuses that took place during the last decade. The collapse of the stock market of Bangladesh in 1996 provides an impetus for the regulation of securities trading. Securities markets regulating authority of Bangladesh along with the investors recognize that the regulation...
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...Ethical Issues in Mergers and Acquisitions MERGERS AND ACQUISITIONS-AN OVERVIEW: The phrase mergers and acquisitions (M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company (in a given industry) grow rapidly without having to create another business entity. In legal terminology, mergers and acquisitions can be defined as follows: • Merger: A full joining together of two previously separate corporations. A true merger in the legal sense occurs when both businesses dissolve and fold their assets and liabilities into a newly created third entity. This entails the creation of a new corporation. • Acquisition: Taking possession of another business, also called a takeover or buyout. It may be share purchase (the buyer buys the shares of the target company from the shareholders of the target company. The buyer will take on the company with all its assets and liabilities. ) or asset purchase (buyer buys the assets of the target company from the target company). Although they are often uttered in the same breath and used as though they were synonymous, the terms merger and acquisition mean slightly different things. A purchase deal will also be called a merger when both CEOs agree that joining together is in the best interest of both of their companies. But when the deal is unfriendly - that is, when the target company does not want...
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...we strived for excellence in not only academics, but creating relationships, showing pride in the school we attend, and learning leadership skills, while also seeking little guidance from our advisors. We learned valuable lessons, while participating in a variety of committees such as Community Service, Environment & Energy, and many others. This organization is one of the communities that I’ve been a consistent member of at James Bowie High School. We value leadership, teamwork, and academics which can be used in real life situations. Student Council is significant to me because it helped me become optimistic and challenged me to do better in life. I am an accepted member of Student Council. When joining STUCO, which is short terminology for Student Council, I had to learn all types of communication, such as mastering what we like to call “The STUCO Clap”. The STUCO Clap was a chant or more so a beat, that everybody in the class had to participate in. Starting off as a newbie, I had no idea what I was doing. I was always off beat, missing a step, or even saying the wrong words. I wanted to be able to master this skill and be good at it, so I could show and help those who would be joining the class next year. I would always practice whenever I got home. After about three to four weeks, I finally was able to do the clap without stumbling...
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...The Implications of Risk Management Information Systems for the Organization of Financial Firms Michael S. Gibson* Federal Reserve Board Abstract Financial dealer firms have invested heavily in recent years to develop information systems for risk measurement. I take it as given that technological progress is likely to continue at a rapid pace, making it less expensive for financial firms to assemble risk information. I look beyond questions of risk measurement methodology to investigate the implications of risk management information systems. By examining several theoretical models of the firm in the presence of asymmetric information, I explore how a financial firm’s capital budgeting, incentive compensation, capital structure, and risk management activities are likely to change as it becomes less costly to assemble risk information. I also explore the likely effects of the falling cost of assembling risk information on a financial firm’s organizational structure. Two common themes emerge: centralization within the firm and increased disclosure of risk information outside the firm are both likely to increase. 1 Introduction Financial dealer firms have invested heavily in recent years to develop information systems for risk measurement and management.1 These systems gather data on a firm’s risk positions and compute statistical measurements, such as Value-atRisk, to assess the magnitude of the risks faced by the firm. Increasingly, the uses of these...
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...accepts sole responsibility for all errors and the views expressed in the paper. UNCTAD/OSG/DP/132 - ii - The opinions expressed in this paper are those of the author and do not necessarily reflect the views of UNCTAD. The designations and terminology employed are also those of the author. UNCTAD Discussion Papers are read anonymously by at least one referee, whose comments are taken into account before publication. Comments on this paper are invited and should be addressed to the author, c/o Editorial Assistant*, Macroeconomic and Development Policies, GDS, United Nations Conference on Trade and Development (UNCTAD), Palais des Nations, CH-1211 Geneva 10, Switzerland. Copies of the UNCTAD Review, Discussion Papers and Reprint Series may also be obtained from this address. New Discussion Papers are available on the web site at: http://www.unicc.org/unctad/en/pressref/prdis.htm * Tel. 022-907.5733; Fax 907.0274; E.mail: nicole.winch@ unctad.org JEL classification: G280 - iii - CONTENTS Chapter Page INTRODUCTION I. II. III. GROWTH AND CHARACTERISTICS OF LOCAL BANKS IN AFRICA MORAL HAZARD, ADVERSE SELECTION AND FINANCIAL FRAGILITY THE CAUSES OF FINANCIAL DISTRESS AMONG LOCAL BANKS A. B. C. D. IV. V. VI. Insider lending Lending to high-risk borrowers Macroeconomic instability Liquidity support and prudential regulation 1 2 7 9 11 13 15 15 16 18 21 23 WHAT BENEFITS CAN LOCAL BANKS PROVIDE AFRICAN ECONOMIES? IMPLICATIONS FOR BANK REGULATION AND SUPERVISION...
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...Toyota company in 21st century. Referring to a various theories in diversity it creates understanding around diversification at workplace and will analyse whether diversity assists to achieve company’s goals and objectives. The report pounders about increasing self-awareness in terms of personal perspectives of diversity issues. It recommends set of suggestion to enhance skills to solve problems related to diversity dilemmas. Main recommendation of the paper is to bring different nationalities to the board of directors of the company, because in long term the company may face disadvantages of having only Japanese nationality at corporate governance. ------------------------------------------------- Introduction Diversity itself is not a new phenomenon; it has been part of the society for many centuries, however in 21st century it has become more and more crucial. Either diversity is against politics or economics, it becomes an issue which needs to be measured, controlled and managed. The most well-known and historical dimensions of diversity are race and ethnicity, however importance of diversity of gender, age and class are becoming steadily significant nowadays. For example, age. In developed countries people are living longer and fewer people are born, yet on...
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...The media’s watching Vault! Here’s a sampling of our coverage. “For those hoping to climb the ladder of success, [Vault’s] insights are priceless.” – Money magazine “The best place on the web to prepare for a job search.” – Fortune “[Vault guides] make for excellent starting points for job hunters and should be purchased by academic libraries for their career sections [and] university career centers.” – Library Journal “The granddaddy of worker sites.” – US News and World Report “A killer app.” – New York Times One of Forbes’ 33 “Favorite Sites” – Forbes “To get the unvarnished scoop, check out Vault.” – Smart Money Magazine “Vault has a wealth of information about major employers and jobsearching strategies as well as comments from workers about their experiences at specific companies.” – The Washington Post “A key reference for those who want to know what it takes to get hired by a law firm and what to expect once they get there.” – New York Law Journal “Vault [provides] the skinny on working conditions at all kinds of companies from current and former employees.” – USA Today HEDG FUND CARE VAULT CAREER GUIDE TO HEDGE FUNDS © 2007 Vault, Inc. HEDG FUND VAULT CAREER GUIDE TO HEDGE FUNDS ADITI A. DAVARE, HOLLY GOODRICH, MICHAEL MARTINEZ AND THE STAFF OF VAULT © 2007 Vault, Inc. Copyright © 2007 by Vault Inc. All rights reserved. All information in this book is subject to change without notice. Vault makes no claims...
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...“I wish developing great products was as easy as writing a check. If that was the case, Microsoft would have great products.” Steve Jobs, Cnet News. May 10, 2007 1. Patterns in Microsoft’s response to competitive threats and opportunities Standardization and simplification, complementary products, aggressive market penetration strategies (tenacity, deep investments and bundling), aggressive deal making. If I were to quote Microsoft’s best and most genius strategy that allowed them to gain impressive market share and become virtually impregnable in OS and application software market, it would be standardization (=compatibility) and simplification. They made their products easy to use, switch between and upgrade, which saved their clients a good amount of money in training and re-training employees, equipping new sites, etc. They looked past minor competitive losses in favor of bigger gains that would allow them to ultimately win market share, as in the example when they made their Office package available on Mac OS while Lotus and WordPerfect were hesitant to do so, even though Apple had many products competitive to Microsoft offerings. Another winning strategy was to produce complementary products: OS and applications that were perfectly compatible, as well as making these products available for different PCs and operating systems (=Apple) thus making Microsoft products ubiquitous and omnipresent. Impressive profits and large cash account further allowed Microsoft to...
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...CAREERS IN MARKETING ★ ★ ★ ★ ★ INDUSTRY TRENDS AND RANKINGS POSITIONS AND RESPONSIBILITIES WORKPLACE CULTURE AND COMPENSATION THE RECRUITING PROCESS ★ INSIdER SCoop: FRoNT-LINE REpoRTS ★ GuIde Careers in Marketing 2008 EDITION InsIder Careers in Marketing WETFEET, INc. The Folger Building 101 Howard Street Suite 300 San Francisco, CA 94105 Phone: (415) 284-7900 or 1-800-926-4JOB Fax: (415) 284-7910 Website: www.wetfeet.com carEErs IN markETINg 2008 Edition ISBN: 978-1-58207-759-8 PhOTOcOPyINg Is PrOhIbITED Copyright 2008 WetFeet, Inc. All rights reserved. This publication is protected by the copyright laws of the United States of America. No copying in any form is permitted. It may not be reproduced, distributed, stored in a retrieval system, or transmitted in any form or by any means, in part or in whole, without the express written permission of WetFeet, Inc. The publisher, author, and any other party involved in creation, production, delivery, or sale of this WetFeet Insider Guide make no warranty, express or implied, about the accuracy or reliability of the information found herein. To the degree you use this guide or other materials referenced herein, you do so at your own risk. The materials contained herein are general in nature and may not apply to particular factual or legal circumstances. Under no circumstances shall the publisher, author, or any other party involved in creation, production or delivery of this guide be liable to...
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...Comprehension in Translation If we ask people who know English whether they understand the following sentence “This car is very powerful” they all say they do. Their comprehension is based on two elements. One is their knowledge of the words and grammar of the English language. But this is not enough. In different contexts and in different situations the word “powerful” may mean different things: “ a powerful car “ in the advertisement is not the same as “ a powerful method” for solving a problem , or “a powerful man” in felling trees, though the three “powerfuls” do not have smth in common. Similarly, the word “car” can mean not only an automobile , but also according to Webster’s New World Dictionary of the American Language it means “ a streetcar; an elevator cage; a part of the balloon which carries people and equipment” . “Understanding” the above sentence means that those hearing or reading it can imagine automobile, probably big, that can run very fast. This is where the second element of comprehension comes in: besides knowledge of the language comprehension implies knowledge of the outside world, called extralinguistic knowledge or encyclopedic knowledge or background knowledge. Comprehension varies from non-comprehension to full comprehension. Total non-comprehension of verbal statements is extremely rare, since the situation and/or content almost always say smth about its meaning. The problem of full comprehension is rather more difficult to deal...
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