Nobody downloaded yet

Financial effects and constraint paper - Essay Example

Comments (0) Cite this document
Contrary to this belief is the fact that the profession of pharmacy and hence pharmacy outlets have dimensions that go beyond dispensing medicines. Pharmacy walks in to all facets of…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.9% of users find it useful
Financial effects and constraint paper
Read TextPreview

Extract of sample "Financial effects and constraint paper"

Download file to see previous pages A pharmacy can play a significant role in research and development of a hospital so as to come up with new medicines and cures for diseases and thus pose direct completion to pharmaceutical companies with cheaper medicines and other drug related products and small and simple surgical tools. The pharmacy here can provide effective analysis on the development of drugs. These drugs can then be tested on animals or patients in the hospital aiding to lower promotion cost of the developed drugs.
Besides, the most obvious effect of a pharmacy on operations management of a hospital is that it can be an additional source of revenue for the hospitals as the patients coming to the hospital are more likely to buy medicines from there. Plus it helps the doctors etc to get medicines quickly rather than having to go anywhere far to get medicines, drugs, or any surgical items they need. This will help speed up operations of the hospital by providing quick service to patients. To facilitate operations management, a pharmacy can evaluate and correctly interpret the complete medication order. To facilitate patient data and its analysis, a pharmacy can play a significant role in evaluation of patient record for potential interactions. This information can be communicated to health Care Professionals who would then accurately forecast demand for new medicinal products.
A pharmacist at a pharmacy can better transcribe telephoned orders and other medical information and also deal with buyers and suppliers in a professional manner. A pharmacist at a pharmacy can better advise a doctor on reviewing alternative courses of action, and making decision to resolve drug/therapy problems. Also a pharmacy can work with other departments and committees in the hospital to see what drugs are the most effective ones. The pharmacist has the understanding of drug quality specifications drugs to be procured as he can assess the reliability, price- value, and quality ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Financial effects and constraint paper Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Financial effects and constraint paper Essay Example | Topics and Well Written Essays - 750 words. Retrieved from
(Financial Effects and Constraint Paper Essay Example | Topics and Well Written Essays - 750 Words)
Financial Effects and Constraint Paper Essay Example | Topics and Well Written Essays - 750 Words.
“Financial Effects and Constraint Paper Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Financial effects and constraint paper

Financial Crisis research paper

...had deposited their savings in the investment and commercial banks of the United States of America. This provided a supplementary liquidity in America. The banks and other financial institutions had more funds than the avenues for the investment. The excessive liquidity convinced many financial institutions and banks to extend lending even to the individuals and institutions that did not have a favourable credit history. The attacks of 9/11 also contributed its part. Soon after the attacks of 9/11, the Federal Reserve found it reasonable to decrease the interest rates as it would motivate consumer confidence and increase consumer spending as well. In the subsequent parts of this paper,...
9 Pages(2250 words)Research Paper

Financial Statements Paper

...? Financial ments Introduction The end product in accounting processes would be the presentation of financial statements and reports. Financial statements refer to data summaries prepared by an entity periodically to communicate to respective users of accounting information on the effect of various accounting activities and the entity’s financial position in a given period of time (Fridosn & Alvarez, 2011). They provide information on financial position, financial adaptability and performance of an entity. Basic financial statements and their purposes A balance sheet, also known as statement of...
3 Pages(750 words)Essay

Financial Crisis Effects on America

...? Financial Crisis Effects on America Task: Financial Crisis Effects on America The financial crisis and subsequent economic recession had a vast effect on different sectors of America’s economy in diverse ways. Over a long period, the 2008 financial crisis presented one of the most challenging economic scenarios for the United States. The effects further spread to what turned to be the great recession experienced a long period after of near economic stability. The crisis is traceable back from a flaw that occurred in the sub-prime part of the housing economy of the United States and spread over a...
6 Pages(1500 words)Essay

Constraint Management

...components of the sewer lines will be repaired and upgraded to limit entry of storm water runoff and ground water recharges into the sewer lines. All these will pose several challenges to the Wheaton management team. The main challenge would be financial constraints. The entire project is approximated to cost twenty six million dollars. Being a firm not supported by any government agency, Wheaton may face some difficulties raising this huge amount of money. The rehabilitation project is expected to last for 10 months. This very long duration considering that clean water is a necessity for human survival. This could make the consumers seek services from other water providing companies. Wheaton may lack...
3 Pages(750 words)Essay

Financial Reporting Research Paper

...Financial Reporting Task 4 000's 000's Stock a/c 193 000 Cash Bank 193 000 (As the value of stock at the end of the trading period). 2) Cash/ Bank a/c 500 000 Share capital a/c 500 000 shares @ 1 500 000 (The value of share capital with the number of shares) 3) Dividend a/c 25 000 Find dividend of 5p per share a/c 25 000 (Being the final dividend to be paid that has been declared) 4) Bank a/c 15 000 Corporation tax a/c 15 000 (Being the corporation tax charge for the year) 5) Provision for depreciation 155 250 Asset a/c (plant and equipment) 155 250 (Being the provision for depreciation forth e year on a reducing balance basis) 6) Loan interest a/c 10 000 Bank a/c 10 000 (Being the amount of...
6 Pages(1500 words)Research Paper

Effects Research Paper

...conducted by Arnas, Y. A in Turkey and by Hitchings and Moynihan in the United Kingdom. Both studies determine the effect of television viewing and the food advertisements contained in the programs on the choice of food of the children. Arnas (2006) used children in the age 3-8 years bracket with a total of 347 respondents. The study included the parents as well since some respondents were still young to comprehend the questions. Arnas found out that about 50% of the ads viewed by children during their TV exposure are food related. Because of this 40% of the respondents requested their parents to buy the foods shown in the ads and about 9% of them are even insistent. Arnas' concern is that most of these foods are high...
3 Pages(750 words)Essay

Financial Trends Paper

...Financial ratios My selected fortune 500 company Chevron was placed in the 5th position in terms of revenue in Fortune 500, 2005. In 2005 Chevron had reported annual revenues of $193 billion and a total profit of $ 14 billion (5 year financials, Chevron's revenues show a positive improvement starting from $ 103 billion in 2001 and except for the year 2002 revenues are continually increasing. The net income has also increased throughout the years 2001 to 2005 thus giving increased dividends to share holders. This also points to expansion in company and better utilization of assets to result in increased sales and profitability. We also see that return on equity for the last 3 years is in...
2 Pages(500 words)Essay

Financial Outcomes Paper

...Financial Outcomes Paper Selection of the financial initiative from Management Message to shareholders: In the context of Home Depot, it is proposed to take up the “Aprons on the floor” initiative that envisages earmarking and deployment of $200Million annualized savings for the benefit of servicing of customers on the floor of the stores. Comparing and contrasting three potential financial outcomes that your Learning Team envisions for the proposed initiative: The aspect of this initiative needs to be viewed in the context of Home Depot’s position in the home construction industry. It is observed that it is the largest corporate of its kind in the world, dealing in home...
6 Pages(1500 words)Essay

How Triple Constraint Impacts Projects

... a success. 2. Triple Constraint Cost, scope and time can also be referred as the following aspects; resources, quality and schedule, respectively: Scope (Quality): refers to the requirements and functionality that are discussed and thus set in the requirements phase with the client. Any changes in the scope in the later stages of the project cause a diverse effect on the project since the resources are assigned as per the needs of the discussed scope of the project. The outcome of the project can be judged by the scope of the project. Cost (resources): The cost of the project is estimated with respect to the man-hours that will be spent on the project, number of resources that will be assigned on it and the cost of the materials... Triple...
2 Pages(500 words)Term Paper

Constraint-Driven Innovation

...Constraint-Driven Innovation Constraint-Driven Innovation The uses the word “cobble” to indicate the collective renovation of the features of a technology that teaches builders to attempt to mitigate (Winter, 2013, p. 20). The author also uses the word “sweet spot” to demonstrate the weakness that marketers have for builders and firms that want their inventions to impose a multimarket impact through parallel constraint-driven innovation. Being aware of the design requirements straightforward makes engineers capable of using similar basic inventions and ideas for the wealthy and poor. Such minor changes in system elements can match the tastes and costs for different markets (Winter, 2013,...
2 Pages(500 words)Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Financial effects and constraint paper for FREE!

Contact Us