Fundamental Duties Influences Practice and Decision Making of a Nurse Coursework - 4

Fundamental Duties Influences Practice and Decision Making of a Nurse - Coursework Example In accordance with the Hippocratic Oath and Nightingale pledge, the fundamental duties of a nurse can be apparently observed as adopting along with executing various preventives measures for eliminating any sort of risk that arise during the treatment procedure or at the time of conducting clinical works and delivering positive outcomes in future. By evaluating the Hippocratic Oath and Nightingale pledge, it can be reckoned that the nurses will provide quality care to the patients by taking guidance of the oath.   This eventually influences the practice and also the decision-making procedure of the nurses in the form of various ways. These ways comprise maintaining integrity within the operational procedure, preserving privacy and most importantly ensuring that the confidentiality rights of the patients during treatment are well derived (McMullen, Howie, Howie & Philipsen, 2013).     The other fundamental duty of the nurses, as described by the Hippocratic Oath and Nightingale pledge, is identified to be taking effective decisions relating to the development of patients’ healthcare. The nurses are responsible for taking decisions that can prove to be beneficial in enhancing the well-being of the patients.   In this regard, nurses usually become responsible for taking ethical decisions relating to patients’ safety and health without hampering their respective rights. While providing care to the patients, the nurses need to follow certain code of ethics that are oriented within the Hippocratic Oath and Nightingale pledge. This factor ultimately influences a nurse’s practice as well as decision making towards deriving varied positive outcomes, which could be measured in the form of improving the wellbeing of the patients (McMullen et al., 2013).  

Merger and Acquisition Essay Example | Topics and Well Written Essays - 2250 words

Merger and Acquisition - Essay Example Johnson & Johnson, on the other hand, is one of the biggest names in the healthcare industry, serving customers around the globe with its baby care products, medical devices, medicines, body nutrition and other day to day consumer products (Jnj.com, 2013). The announcement by Johnson & Johnson had created waves in corporate world; firstly, this marked the biggest acquisition in this industry, and secondly it had multiple-fold effects disturbing many organizations within and outside the industry. Strategic Justification Johnson & Johnson was observed to be laying great emphasis on healthcare sector in recent years, and wanted to shift its focus from consumer products to healthcare products. Thus, in the words of CEO of Johnson & Johnson, acquisition of Synthes was all part of the big plan for Johnson & Johnson: becoming most wide-range orthopedics and neurological business, serving customers worldwide in medical industry. This has enabled Johnson & Johnson to be the absolute provider of all related services in supply chain of orthopedics with a comprehensive coverage for all kinds of products and services. Synthes makes substantial profits in developing markets and third world nations. Therefore, the acquisition decision was in line with Johnson & Johnson’s long-term strategy to promote well being of public, especially in underdeveloped and developing areas, through innovative and healthier products, putting the company in a stronger position than before. It also provided benefits of economies of scale, synergy and bulk buying to the group as they were engaged in similar businesses and therefore idle capacities and resources could now be better utilized, leading to efficient or full employment of factors of production and fall in unit costs as fixed costs were spread over larger number of units being produced (invertor.jnj.com, 2012). Regulatory implications When deciding on acquisition of Synthes, Johnson & Johnson had to consider all legal complications involved; one of them being prohibition of simultaneous holdings in Synthes and DePuy orthopedics subsidiary. Johnson & Johnson and Synthes have been direct competitors in certain sectors of medical equipment and surgical treatment goods and therefore, Federal Trade Commission intervened to protect public interests (reuters.com, 2012). Antitrust regulations governed by the European Union and U.S. regulators were required to be satisfied and complied with to make due diligence effective. Consequently, it had to divest its stakes from DePuy in order to be able to make acquisition of Synthes legally possible. It accepted offer from Biomet, a company involved in surgical products and instruments to sell the subsidiary for $280 million, receivable in cash (Nj.com, 2013). On part of Synthes, there were past accusations regarding one of its business units, Norian, of conducting trials to promote its product without permission of relevant authorities. The company ended up paying a penalty and damages to another company, amounting to $22 million. It agreed to dispose of its unit which committed offence previously at its acquisition date (Bloomberg, 2013). Apart from mentioned implications, it was very vital to account for the deferred taxation repercussions involved in due diligence activities, including consideration of accumulated tax losses and deferred tax assets that could be utilized for tax avoidance tactics.