The nerve nurses need to start their own businesses Essay

The nerve nurses need to start their own businesses - Essay Example Let start with the statistics. Today, several million of new businesses are launched in the United States each year, and most of them end up being successful (Megginson and Smart, 2008, p.823). What this means is that, since, it is a relatively common practice, one who intends to put up his or her own, will never find a shortage of support. For example, financing may be available such as the so-called angel investors, who are typically locally wealthy business people who can invest $50,000 to over $200,000 in a new business (Megginson and Smart, p. 823). More importantly, however, is the fact that it is easy to navigate the process since there are existing and established norms because business is essentially an established technology, with established tasks, objectives and milestones (p.823). Some successful practitioners manage to take advantage of this condition and avoid risks by starting small and eventually finishing big. Consider a nurse who is currently working in an institut ion. She decides to start a small business that she could conduct while she is working as a nurse. It is more like part time work but it is a start. She sets up a nursing home business by accepting old people in the community who can no longer take care of themselves. She hires an employee and proceeded on charging $150 per day. Since these are adults and not very mobile wards, she is able to accept 6-7 elderly per day, with her staff and her help during her free time. So that would be about $900-1050 per day. The elderly population in her community is quite large, so the business is poised to be popular and expansion, inevitable. The above example demonstrated several of the opportunities and the abilities involved in starting a business. It also depicts how creativity can be rewarded with success. The approach was able to address the financial problem of securing a steady flow of capital with the plan, since the example cited how the nurse began the business while still working. T his is especially important in instances when financial loans are difficult to come by. This is true in the case women. Sometimes being female can be a disadvantage in securing loans (Fielden and Davidson, 2006, p.114). Private practice can also become rewarding since a nurse is in a more position to make a meaningful difference to his or her clients. This is because, in the course of the practice, there is an opportunity to immediately decide on additional services or modifications in service being provided. The following case study demonstrates this best: Mandy, a community pediatric nurse, thought she was selling home care for children. But when she questioned her patients and their families, she found that for the parents of sick children she provided reassurance, a source of reliable information, a shoulder to cry on and a tension diffuser†¦ The response of the patients varied according to their illness. One said, ‘You can change dressing without hurting me very much , and you always tell me a nice story when you come’, while another commented, ‘You make the morning go much quicker and you make sure I

Supply Chain Management Research Paper Example | Topics and Well Written Essays - 1500 words

Supply Chain Management - Research Paper Example Within this paper, we review the literature addressing planning amidst two or more underlying stages of the supply chain, placing specific prominence on models that would provide themselves to total supply chain mode. Introduction Supply Chain management is described as the underlying natural expansion of the prevailing economizing and re-engineering undertaken by organizations. Economizing and corresponding re-engineering changed the enterprises into incline and connote competitive units through cost reduction and procedure simplifications (Lamberti et al, pp36-42). These operations entailed the optimization that takes the form of the number of individuals involved, duration and intricacy of the work of the underlying business units. Business units are the main serviceable and managerial realms over which the administrations possess full control. Moreover, the strategies have resulted to escalation of productivity and profit to the organizations. Nevertheless, the benefits are level ed off due to the alteration of the organization approach. The alteration are by product of the closed system global picture of the business enterprise involved within the full chain, with the organizations trying to endure within the unfriendly environment, presumptuous that all the underlying members within the value chain were rivals with whom the prevailing organization ought to battle, though the functions undertaken by the different organizations might be auxiliary but not harmonizing. The comprehension that global picture is mainly executed to development of organizations thus prompting business enterprises to commence strategic associations with other prevailing organizations (Lamberti et al, pp36-42). Common basis of supply chain management undertaken by organizations mainly entail the demand-supply chain. Therefore, there is no competition amongst the suppliers, partakers within the chain, sub-contract merchants, in-house merchandise processes, transportation, circulation, warehouses and the final consumer since they undertake mutually exclusive tasks. The paper mainly explore the necessity for SCM , arrangement of the SCM models, Issues that pertains to designing SCM outline, quantitative approaches and SCM,Information technology in SCM enabler, strategy of a Multiple Criteria DSS for haulage and distribution and the significance of the SCM archetype to the management sector and corresponding open part enterprises. Matters in SCM A supply chain mainly entails activities, purposes and facilities used in the process of producing and distributing a product and service, from the underlying suppliers to the corresponding customers. Thus, supply chain management paradigm is mainly geared towards the process of optimization of every component Production and corresponding Operations management, which include manufacture, warehousing, record, shipping and supply and the underlying interconnection amidst these components synergistically. Numerous models that are employed in the production and functions control and administration in supply chain management include Just-In-Time, Vendor Managed Inventory model, Zero Inventory model, and Total Quality Management. The models mainly focus on diverse components that pertain to the supply chain and its entire optimization. Nevertheless, within an