Decade of Corporate Greed Essay Example for Free

Decade of Corporate Greed Essay Ascended in the 1980’s he reinvented Republican policies that favored deregulation and the growth of business in America. These Ideas markedly opposed the views of the governmental interventionist policies of the 1960’s and 70’s with these ideas Reagan hoped to decrease government Involvement and heavy taxes. With these tax cuts Reagan’s thinking was that many new businesses would spawn and that it would have a trickledown effect by not only empowering businesses to grow and hire more people which in the end would benefit all from those on top in the corporate world all the way down to the lowest person in the company in which everyone benefits. This was welcome news not only to the Republicans but also the â€Å"lunch bucket democrats† who were working class democrats who predecessor Jimmy Carter of whom they thought they were ignored by. As a result of this many government services were slashed and created ideas of the government being the problem. With this many republicans encouraged individuals to do good for themselves for the government would not do this for them. With this encouragement of business growth and economic prosperity for as many people as possible individualism became a way of life in the 1980’s. The acquisition of wealth and indicators of it really helped to drive this decade in the 1980’s where it seemed most important to acquire as much â€Å"material† goods as possible. These ideas were also shown in the pop culture world as the artist Madonna made a hit song in the 80’s called â€Å"material girl† a song of the times basically about greed and gaining as material things as you possibly could with no shame of this greed. Also Gordon Gekko the fictional business tycoon in the film â€Å"Wall Street† stands up at board meeting to stress and states â€Å"Greed is good†¦Ã¢â‚¬ ¦Greed will not only fix this malfunctioning corporation called Teldar paper, but also the other malfunctioning corporation called the U. S. of A. † There were even excesses being taken in sports, as Pete Rose of the Cincinnati Reds had greed of singles, doubles and stolen bases, also greed in gambling cost him his spot in Major League Baseball. It was also in this decade baseball experienced â€Å"free agency† destroying loyalties and players selling themselves to the highest bidder as player contracts doubled from just the decade before. Once these Republican policies had trickled down to popular culture it almost seemed to validate this style of politics, it seemed as if the Republicans ascendance to power had spawned this culture and decade of greed that was so actively embraced by the American public. With this these politicians simply stated that they were just acting in accordance to what the public’s wishes were. With this success that Reagan had in the 80’s America had once again began to reassert itself on the world stage after a challenging decade of struggling in the 1970’s. Reagan is thought to be responsible also for the victory in the cold war that had lasted for decades before his term. The new thinking in the 80’s was not that this was greed but more of what the Republicans called prosperity and success. Some of the negatives of these changes were Reagan deregulated everything which in effect destroyed competition and this created oligopolies. Some examples of these are in the airline industry he deregulated the industry causing every airline in the country, except 2 to become bankrupt, as the deregulation in the broadcast industry resulted in just a few major players like Disney and Clear Channel dominating the playing field. As for under the Reagan administration money in politics became more strong then ever and that still holds true today in the world of politics for it seems like we no longer have elections, we more like have auctions for where it seems the candidate who has the most money to spend on getting their name out is usually the one who wins in these political battles, especially for the Presidency. What this does now and back then in the 80’s where it started is a corporation who might want certain laws or tax breaks passed to better help their needs funds that candidate to get elected and then in turn expects them favors to be returned when that candidate is elected. This new concentration of wealth created a whole new class of millionaires, however on the downside for every millionaire there were several hundred homeless people. With this came more negativity that came with the corporate greed of the 80’s. For these people who became homeless and poor due to these millionaires greed were blamed for dragging down the economy by Republican politicians and their mouthpieces in the media, while the truth we found out later is that indeed it was these rich people who were ripping us off and actually were responsible for dragging down the economy. Going as far to blaming the poor the city of Los Angeles installed a fingerprint system to guard against welfare fraud that cost the city and hardworking tax payers 30 million dollars, and for all of this it caught one cheater. While at the same time â€Å"White collar† crime was rising and costing us more than street crime cost, also doing more damage and arguably causing more deaths. Reagan also had a deregulation of the savings and loans industry which was a total debacle and ended up costing Americans 500 billion dollars which is part of the still current banking problem that is going on today. Unfortunately Reagan also began the practice of sending American manufacturing jobs overseas, another move that made the rich even more rich and greedy and made the poor have even less than they did before. Despite all these negatives it can be argued that Ronald Reagan was the most important and influential President of the last 60 years, loved by the Republicans and loathed by the liberals. Reagan turned half a century of political and economic orthodoxy and turned it on its head. It can be argued that he turned those who were Roosevelt democrats. So whether you loved or hated Reagan there is no doubt that administration and the greed of 80’s is still alive today. My though would be if your rich, you like the corporate greed and excessiveness that took place in the 80’s, however if you are poor you are wondering why this turned out like it did.

Is Formal Schooling Necessary for Children to Develop Cognitively :: essays papers

Is Formal Schooling Necessary for Children to Develop Cognitively The choices parents have today on how and where to educate their children has expanded compared to many years ago. There is your neighborhood school, a private school, a charter school or another option, which is growing in popularity--home schooling. Studies show many advantages to home schooling. One being that it is not necessary for a child to attend a formal schooling to develop cognitively. The popularity of home schooling under goes much criticism. Some educators say children that are home schooled are receiving gaps in their student learning because parents may not be qualified to provide well-rounded education. Studies show that home schooled children excel in there studies. Developing (cognitively) as good if not better then children in a formal schooling setting. In the 1950's, there were approximately 15,000 persons home schooling. These figures are a "guesstimate" as many people just kept their children at home without reporting to the state. Most people home schooled for religious reasons; some were prosecuted, even jailed. Today every state recognizes the right to school your own children. States set their own regulations and conditions, hence different laws for each state. Today because of better record keeping the estimate of home schoolers is nearing 2 million. The reasons given today for home schooling are varied from religious, political, philosophical, and dissatisfaction with public schools. Teaching and cognitive development outside of school does not have to resemble teaching and cognitive development in school. Cultural experience can be the basis for development at home and in one's community throughout one's compulsory school years. People can successfully do things differently than schools. For example, it has been widely publicized in America that adolescent girls' self-esteem fades in high school, but in a book about home schooled adolescent girls the opposite was found: If one has thought seriously about the structure and assumptions of compulsory schooling, it is hard to read the psychological literature that asks, "How can we get girls to identify with their own goals?" or even "How can we help girls to discover their real interests?" without thinking about the fact that school is in direct opposition to these concerns... ...People in school do not say to students, "What can we do for you?

Motivation vs Psychological Contract

During the history people’s expectations and needs have been changing. They depends inter alia on actual situation on the market and current necessities of life. The economy climate is also important in creating people’s performance. People will make a good performance at work when their situation is certain. Poor performance will be made when situation is unstable. One of the key issues connected with the employee performance is motivation. Without well-motivated employees enterprise cannot exist on the market for a long time. Employees are very important part of the company, because thanks to them it can perform properly and fulfill its goals and assumptions. Unmotivated employees will not make their job with proper involvement and commitment, so their performance will be contrary to expectations of an employer. One of the biggest challenge for an employer is to motivate its employees to perform on the required level. Nowadays, it is not easy thing to do. Different types of employees have different expectations and things which motivate them. Different authors created motivation theories, but most of them was created in the last century. Great influence over people has also a psychological contract between them and their organization. Motivation theories and the psychological contract are the most powerful tools to motivate people, when they are used in the right context. Person is motivated when he knows what he wants to do to achieve specific goal. Motivation covers all factors which makes person to act from positive, like money, to negative, like fear of defeat. Motivation factors are different for each individual person. They are changing because of age, sex, position in society, education, level of skills, knowledge and circumstances. Also support from the managers and leaders has a significant meaning. Unmotivated manager cannot lead people to good performance. Organizational background and surrounding environment should be motivating. When managers knows employee’s needs, demands and expectations they are able to treat one as an individual and have specific approach depending on person’s character and attitude. Managers cannot forget about person’s development and setting realistic and challenging targets. Important in keeping positive motivation is also reward for a good job performance. People like to be awarded and that keeps them self-motivated on a high level (Adair 2006). â€Å"Motivation is an important part both in an individual’s and in a company’s performance. Even very well trained and very able employee will not perform well unless motivated. Higher motivation does not always result in a direct increase in productivity, because, in many jobs, productivity is limited by other people or by the pace of machine†(Robertson 1992:137). The motivation theories fall into two groups content and process theories. â€Å"First of them explain why people behave in a particular way in terms of those individuals’ pursuits of need fulfillment. Content theories attempt to determine the specific needs that motivate individuals†(Gallagher 1997). A group of the content theories includes theories of McGregor, Herzberg and McClelland. Process theories are those of, for example, Vroom’s, Adams’, Hackman’s and Oldham’s. Theory X and Theory Y created by McGregor assumed there are two kinds of people. In Theory X people are lazy, unambitious and want to avoid responsibility. Employees are against the system and represent defensive attitude. Very high level of supervising is required otherwise people will perform very poor. Theory Y says that work is in a human nature and it is able to provide enjoyment and self-fulfillment. Managers have just to make a positive climate for personal development and minimize supervision. Thanks to this people will feel self-reliance, confident and self-actualized (Tyson 1993:11). Herzberg was researching factors which have influence over people’s feelings about work. Those factors brings out satisfaction or dissatisfaction: achievement, recognition from others, the work itself, responsibility, opportunities for advancement, company policy and administration, supervision, salary, interpersonal relations, working conditions. He recognized two groups of factors satisfying needs. First one are external (hygiene) factors that cause unhappiness and dissatisfaction. They have to be present to avoid dissatisfaction, but by themselves they do not provide satisfaction. Managers need to provide intrinsic factors to keep employees happy with their job. He claimed that employee abilities should be fully used otherwise he will not be well motivated (Thomson 2003). „How Herzberg theory applies to XXXX employees. Management at XXXX understands that hygiene factors can potentially cause dissatisfaction among their employees, which in turn can lead to the loss of productivity and profitability. Therefore, they gave their employees Herzberg's theory assessment. With these results, the company is able to provide competitive pay and bonuses that can motivate employees to work harder XXXX believes that rewarding hard working employees satisfies the motivating factor of job security. The company confirms this with pay incentives. Moreover, Management realizes that work conditions could play an integral part of their business success, not only for their employees, but for their customers as well. In addition to the brand new facilities, they also use state of the art cleaning materials that clean and make any surface resistant to dirt and decay. It is the goal of XXXX to maintain job satisfaction from all of its employees by increasing motivators and decreasing hygiene factors by constantly evaluating themselves through their employees† (Hunter 2007). McClelland’s research has identified three basic categories motivating needs, power, affiliation and achievement, into which people could be grouped, according to which need appears to be the main motivator in their lives. Those most interested in positions seek position of control and influence; those from whom affiliation is most important seek pleasant relationships and enjoy helping others; achieveme nt seekers want success, fear failure, are task-oriented and self-reliant. The implications of the theory in practice are that managers can identify employees who are self-motivated, those who rely more on internal incentives and those who could increase their achievement drive through training† (Tyson 1993:10). Vroom’s theory has three basics elements: expectancy, instrumentality and valence. Expectancy is belief that if a person make an effort to achieve goals he will be seen and appreciated. Instrumentality is conviction that when employee do what should be done with proper accuracy he will be rewarded by salary increase, promotion or other form of appreciation. Valence is the value added by individual to the outcome. Employee will be poorly motivated if his reward has little valence for him (Kermally 2005:53). Adams argued that people want to receive relative returns for the effort they have put into work. Equity theory is based on the individual’s perception of fear treatment. â€Å"This theory bases explanations of behaviour on perceptions of social comparisons. Theory argues that the more intense the perceived inequity, the higher the tension and the stronger the motivation to act†(Buchanan 2004:251). Hackman and Oldham theory of job satisfaction presumes that three main rules decide about work. In the first of them person must perceive work as reasonable, rational. Second one says that person should take the responsibility for own work results. In the last one person should have chance to meet own work results. In their opinion each job should take into consideration above rules. Moreover, if those rules are included the higher probability of motivation occurs more by the job content than by some external factors. In planning the job complexity and level of difficulty should be taken into account (Miner 2006). In every day live people meet with contracts of a different type, for example contract of employment, bank contract etc. Contract is an agreement between two or more participants, which contains some settlements between them. In companies, apart form the contract of employment also can be found an unwritten psychological contract, which is very important to keep a good relationships between the employer and the employees. Psychological contract is necessary to keep long term agreement. It contains mutual expectations and obligations. Fundamentally, the psychological contract expresses the combination of beliefs held by an individual and his or her employer about what they expect of one another. It can be described as the set of reciprocal but unarticulated expectations that exist between individual employees and their employers. As defined by Schein (1965): The notion of a psychological contract implies that there is an unwritten set of expectations operating at all times between eve ry member of an organization and the various managers and others in that organizationâ€Å" (Armstrong 2006:225). The meaning of mutual expectations is also underlined by other researchers, such as: Rousseau and Wade-Benzoni, Katz and Kahn. Expectations are related with behaviour, often they are presumed and they are not formulated in the job contract. Employees may expect, and they usually do, fair treatment, just wage, possibility of future development and that they will be informed what they are expected to do. But expectations are mutual, so the employers also have them. Generally, they want to receive obedience, loyalty, commitment in business or job efficiency. It is normal that each side of this contract possess its own set of assumptions of the other one’s behaviour. Sometimes lack in fulfillment of mutual expectations can cause tensions and misunderstandings, or even dissolving of the contract of employment. â€Å"The significance of the psychological contract was further explained by Sims (1994) as follows: A balanced psychological contract is necessary for a continuing, harmonious relationship between the employee and the organization. However, the violation of the psychological contract can signal to the participants that the parties no longer share (or never shared) a common set of values or goalsâ€Å" (Armstrong 2006:227). Establishing a common set of values or goals is very important to keep positive and proper relations between people in the organization. Especially important seems to be their verbalization, because when people do not know what they can expect, they will not know why they are disappointed afterwards, when their expectations are not met. But they will have a feeling that something is done not as it should be. For the organization that kind of attitude can have a bad influence, because dissatisfied employees can have a negative effect on the organization activities. Specific character of the psychological contract in the organization is not based on a single transaction, because as Spindler claims: †every day people create relationships by means other than formal contracts(†¦) As individuals form relationships they necessarily bring their accumulated experience and developed personalities with them. In ways unknown to them, what they expect from the relationship reflects the sum total of their conscious and unconscious learning to date†(Armstrong 2006:230). Not every person in organization is aware, that in forming specific demands and expectations he or she bases on own knowledge and experience. Psychological contract is something which is usually not defined, so it can develop in unexpected way and have unforeseen consequences. Good psychological contract have a lot of advantages for an employee as well as for an employer. From the employees point of view proper psychological contract should include: proper approach to an employee (equal treatment, appraisal, understanding, respect), employment stability (it is important part of employment, but with dynamic changes on the labour market is not so attractive as it used to be), promotion (employees are focused on personal development and carrier opportunities), power and responsibilities (ability to make own decisions should be related with person’s skills), trust and commitment (employee, who feels understanding and have trust in own organization is more engaged in work and wants the same from the others). On the other hand employers consider that the psychological contract covers competences, effort, commitment, honesty, loyalty and the attitude consisted with the organization values. Psychological contract between the employee and the organization is created when a person is joining the company. The first stage on which some basis of the psychological contract may occur is the process of selection and recruitment. Employer presents own requirements and demands, invites selected persons for an interview and afterwards makes an opinion about the cohesion between the candidate and own organization. Employee acts similarly. After getting to know the organization’s offer he or she should know whether that job is for him or for her appropriate for the offered salary and the level of skills. Psychological contract is not constant, it is not something that stays still. â€Å"The psychological contract remains beneath the surface of relationships and is dynamic in character, continually changing, and frequently unacknowledged. It is a manifestation, too, of the ideals— ego ideals— that one party to the contract has for the other†(Burke 1999:20). It changes, because its environment is changing. External and internal factors have great influence over its state. Internal changes are caused by the market competition. Nowadays career is not always developing from the bottom to the top. It sometimes can be horizontal, which means that individual employee development is not a guarantee of the promotion. Now, in the companies very important are flexibility and capability to changes. Employers are not currently interested in keeping the same team for all time. They make further co-operation dependent on the level of demand of the employee‘s abilities for the company. Because of the nstability in employment Hiltrop suggested new type of psychological contract. According to him: â€Å"There is no job security. The employee will be employed as long as he or she adds value to the organization, and is personally responsible for finding new ways to add value. In return, the employee has the right to demand interesting and important work, has the freedom and resources to perform it well, receives pay that reflects his or her contribution, and gets the experience and training needed to be employable here or elsewhere†(Armstrong 2006:233). The new psychological contract does not guarantee a job for a lifetime. From my own experience I am able to say how important is the psychological contract for an employee. I was working for a building society, which was growing very well. As an employee I could expect from my employer appreciation and respect for my work. The responsibilities and duties for each of us were very clearly. The financial bonuses were the most motivational factor for all of us, because they were really high. The company has very good approach to its employees. When it generated more profits than it was presumed 25% of randomly chosen employees was going for a fully sponsored one week trip for one of the European countries. Also twice a year there was an integrating trip for all employees and lottery with the main prize of 50% of annual salary. None of this was formally written. It was the company’s customs. The best performing salesman had a company car and a mobile phone for an unlimited disposition with the option of buying them from the company after certain time. The loyalty to the company was very high. Nobody has left work by himself/herself since the establishment. Employees were very well motivated, because they knew that they would be appreciated. Thanks to those actions everybody were aimed for the company’s success. They were aware that when the company will gain profits and when the managers will be pleased with their performance the reward will be proper. The relationship between the employees and the organization has been changing recently. The employees want to develop their skills and if the company do not provide any training or development options for them they will leave, because their motivation to action will decrease. Nearly nobody wants to put an effort into company’s performance without being appreciated for it. Underestimated employees will not put much effort into their work. Motivation theories are old and not always adequate for today’s labour market. Employers are trying to motivate people in a different way, using different approaches and different points of view. Theoretical knowledge about motivation can be put into practice to see and explain, not only the psychological mechanism of organizational behaviour, but also to formulate diagnosis. Psychological factors of responsibility for the individual’s level of organizational behaviour have the basic meaning for understanding the peoples’ role in the organization and effective human resources management. Motivation theories are not flexible. They have their definitions, which contain certain rules and factors that create them. The psychological contract is much more flexible and can be changed under some special circumstances and mutual admittance. The negative side of the psychological contract is that, when one of the sides will not feel that their expectations and needs are fulfilled the trust and commitment will decrease. When these two factors are low the performance, positive attitude and motivation are poor. Motivation is important to keep the psychological contract, because without it the whole idea of the psychological contract is useless. Psychological contract has more determinant power than motivation theories. Unwritten mutual expectations, when are appeased, can motivate very well. People can find themselves united with the organization and its goals. Good leaders and managers will do their best to satisfy an employee, but on the other hand they will expect the same from him/her. Retaining positive employment relationship and psychological contract can have great influence over the company’s performance and image. List of references Adair, J. (2006) Leadership and motivation. London. Kogan Page Limited Armstrong, M.. (2006) 10th ednHandbook of Human Resource Management Practice. London. Kogan Page,Limited. Buchanan, D. , Huczynski A. (2004) 5th edn Organizational Behaviour. An Introductory Text. Essex. The Prentice Hall. Burke, E. (1999) Corporate Community Relations : The Principle of the Neighbor of Choice. Westport. Greenwood Publishing Group, Incorporated. Hunter, S. (2007) Motivation in the Workplace: Applying Maslow and Herzberg Theories. online] Available from [1 Dec 2008] Kermally, S. (2005) Gurus on people management. Oxford. Thorogood Miner, J. (2006) Organizational Behaviour 1: Essential Theories of Motivation and Leadership. New York. M. E. Sharp Inc. Robertson, I. , Smith, M. , Cooper, D. (1992) 2nd edn Motivation strategies, theory and practice. London. Institute of Personnel Management. Thomson, R. 3rd edn. (2002) Managing people. Oxford. Butterworth Heinemann. Tyson, S. , York, A. (1993) Personnel management. Oxford. Made Simple Books.

Managing The Finances Of Health Care Systems - 899 Words

Managing the finances of Health Care Systems, Inc. has taken center stage in enhancing the efficiency and success of this vast enterprise. The healthcare industry as a whole has changed dramatically since the evolution of the Affordable Care Act. The adoption of Medicare’s coding system for efficient billing coupled with the use of Electronic Medical Records are examples of the major transformation taking place within Health Care Systems, Incorporated. Moreover, the role of finance at Health Care Systems Inc. has received a new face to focus on basic functions such as Pooling of Resources, Revenue Collection as well as Purchase of Interventions. Pooling of resources entails accumulation and proper management of revenues in order for members of the pooled funds to share a combined health risks, hence shielding the individual member from vast unprecedented health expenditures. Payment allows the pool members to settle their average expected costs before due, consequently relievi ng them from uncertainty in addition to assurance of compensation in case of occurrence of a loss. Pooling combined with payment aids in developing insurance structure and redistribution of health spending among high and low-income individuals and high and low-risk individuals. Revenue collection is all about raising money from households and businesses as well as external sources while purchasing is all about sourcing for goods and services from private and public providers. These three financialShow MoreRelatedFuture Challenges for Healthcare Management716 Words   |  3 PagesFuture Challenges for Health Care Management The scope of health care management encompasses administrating how services get delivered to patients, persons delivering services, locations to which services get delivered, and the financing of all involved procedures. In these, institutions like nursing homes, rehabilitation centers, public hospitals, and private clinics get involved. At the same time, groups of service providers and associations play instrumental roles in controlling the quality ofRead MoreA Brief Note On The Country Of Malawi968 Words   |  4 Pagesline. Heath care services in Malawi are provided through two main sources: the federal and local government and the Christian Health Association of Malawi (CHAM). â€Å"CHAM provides 37% percent of total healthcare in Malawi, including 85% percent of the care in rural areas†. CHAM essentially functions as the umbrella healthcare organization for over 160 health facilities, ranging from outpatient centers to 200 bed hospitals. This is inclusive of health posts, community/rural hospitals, health centers, asRead MoreThe Role Of Finances For Health Care Systems1507 Words   |  7 PagesThe role of finances for health care systems Inc. will be for managing the business’s finances. This ensures having cash available for expenses to ensure the business stays afloat and to ensures there is cash to provide a cushion for any costs that come up unexpectedly. Ensuring that the finances are managed means the company can make plans to ensure the future of the company (Brumley, 2015) and utilize the resources of the company to ensure its running at peak proficiency. The primary users forRead MoreCase Study of Prostitution1406 Words   |  6 PagesJob analysis Finance Division Job profile Has overall responsibility and accountability for providing direction in the area of treasury services, accounting services, or procurement services. This position has discretion in establishing overall operating policies and procedures for assigned   QUALIFICATIONS Bachelors Degree in accounting, finance, business administration or related field. Relevant experience may substitute for the degree requirement on a year-for-year basis. Eight years of progressivelyRead MoreFinance Department Is Responsible For Managing The Mco s Money837 Words   |  4 Pages enable’s the entire managed care organization to look for areas the need improving within the organization. Overall, it is the duty of the member services to provide the management of member issues, provide proactive outreach to members and asserting the level of their customers’ satisfaction. The above duties are executed in collaboration with other departments within the MCO. Finance The finance department is responsible for managing the MCO’s money. The finance department has the responsibilityRead MoreThe Health Care System Of The United States Essay792 Words   |  4 Pagessuch as how providers receive payments and deliver services. As American care providers navigate the baby boomer patient era, talent demand is increasing and shifting from hospitals to long-term facilities. The Rapid Senior Patient Population Expansion Caregiving institutions are bracing for an influx of almost 75 million aging baby boomers. [1] As around three million individuals retire every year over the next two decades, care providers modify their practices to accommodate demand. Although theRead MoreA Report On A Hospital Information System1599 Words   |  7 PagesINTRODUCTION: A Hospital Information System (HIS) refers to the information system used in hospitals for efficiently managing a huge data generated all-round the year. It deals with monitoring of the health status, provision of different services, drug stocks and consumption patterns, equipment status and availability, Finances and revenue management. Thus, a HIS can be installed in order to manage any of these. These systems help the hospitals in keeping an accurate, relevant and up to date informationRead MoreMy First Clinical Day At Saint Barnabas Hospital Essay794 Words   |  4 Pagesan interior designer for one of her unit where here main office is located. We laughed and joked about it. Other mangers and physicians commended her on being able to still effectively managing her unit through all the chaos. The reality of it was that the unit needed to be altered to meet patient centered care and also equipment had to be positioned a certain way along with the nurses’ station being re located so that nurses will be able to access them better. Before this day, I had not realizedRead MoreReporting Practices and Ethics Paper996 Words   |  4 PagesFinancial management is very crucial in today’s health care financial procedures. It is one the most important aspects of the financial health care. There are many assessments made- based the financial records and the business transactions that occur within the health care organization. It is crucial the financial records are kept up- to -date and they follow specific guidelines. The books kept up- to- date and in order, this will show the amount of money being brought into the organization for profitRead MoreChanging Health Care Policy Changes1004 Words   |  5 PagesCHANGES IN HEALTH POLICY Changes in Health Policy Terri Obey Kaplan University Unit 6 August 12, 2015 Abstract When contemplating health care policy changes, several economic issues in health care must be considered. These include the financial issues affecting the health sector and have an impact on health policies. Policy makers face unending challenges due to the health sector revenues that are always rising. Another challenge is decreased funding and failure of the health insurance