Becoming A Nurse For The Medical Field - 1185 Words

I feel lucky growing up my parents always instilled in me morals, and reminded me that no matter how dark the day became, light and good always triumphed in the end. I try to hold a positive outlook on the future, but I can’t help to worry about what that future brings. Based on topics covered in this course, I know society faces uncertain economic times ahead, political turmoil and division as we see today, and our biggest threat climate change has already loomed upon us. These are topics that affect my career as a Nurse, family life and the entire world; only working together can we overcome all forthcoming challenges. I decided to become a Nurse for several reasons; I always held a deep love for the medical field since nursing provides me the patient-to-medical professional experience I’ve always desired. Nursing is a stable profession, in terms of employment and salary, or at least I thought so until I read the following, â€Å"Two hundred years ago, 70 percent of American workers lived on the farm. Today automation has eliminated all but 1 percent of their jobs, replacing them (and their work animals) with machines. But the displaced workers did not sit idle. Instead, automation created hundreds of millions of jobs in entirely new fields.1† – Wired. The Industrial Revolution displaced the current trends of the time, and those who were able to adapt and take advantage of new trends succeeded, while those who lagged behind were forced to learn new trades. 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My grandmother once worked in a nursing home, and my aunts were both nursing assistants. My mother has been in the medical field since she was sixteen, starting in a nursing home, and then becoming a nursing assistant until 200 7. Shortly afterwards, she became a medical assistant that she currently still is today. It can only but inspire me to be working in the medical field next. I wanted to be a neurologistRead MoreWhy Nursing Is A Great Career Choice1608 Words   |  7 PagesWhy nursing is a great career choice As a college student awaiting to graduate and start my career, the nursing field I find is one of the best career choices to choose from. Nursing is known to be a main consideration to young people today when entering the medical field. Nursing has a wide variety of options and different positions for anyone. Nursing is sometimes looked at as an unimportant job, or just a person who helps the doctors above them. In fact nursing has an abundance of definitionsRead MoreCareers In Nursing By Betty Smith : The Career Of Nursing1121 Words   |  5 Pagesbeing†. There are various types of nurses such as registered nurses, nurse anesthetist, psychiatric nurses, nurse practitioners and many more. The article â€Å"Careers in nursing† by Linda Burnes illustrates â€Å"careers in nursing include staff nurses who work in hospitals and health care systems. The vast majority of nurses ( 76 percent) work in hospitals and clinical settings, where they are responsible for direct pat ient care†. In the hospitals and clinics different nurses pursue in their area only, forRead MoreNursing - Senior project essay1457 Words   |  6 Pagesleast in knowing what I would like to pursue the Nursing Program was up to par. I chose to do mine on Nursing in the ED (emergency department) because this is a field I would love to go into so I can be of service to those in need of any medical care, to always have a stable job to rely on, and further more to be able to excel in the field of medicine. I would love to be one of the people on call to respond to the needs of another individual in their time of need. Anyone could only imagine that feelingRead MoreBenefits Of Being A Nurse Practitioner1162 Words   |  5 PagesA nurse practitioner is a profession that permits nurses to practice medicine with limited supervision, and they can practice without a doctorate degree. This profession generally has more authority than registered nurses because nurse practitioners are allowed to treat patients independently, and they receive a greater salary. However, there are some disadvantages to this career as well, such as getting tired easily and a lot more responsibility. Even though a nurse practitioner gets to do manyRead MoreMy Career As A Registered Nurse878 Words   |  4 Pages My short-term goals include passing my state boards upon graduation and then finding a fulfilling job as a Registered Nurse (RN) at a major local hospital. Currently, I work at Summa Akron City Hospital and it would be seamless for me if I could obtain a job there as a nurse in one of their intensive care units. After a few years of practice, I plan to get my certification in Critical Care Nursing. Beyond that, my long-term goals for the future are to attend graduate school at University of AkronRead MoreNursing Journey770 Words   |  4 Pagesdifficulty that lead to his death; my hunger to acquire knowledge and skills of a nurse; several role models; and wanting to exper ience a whole new world that comes with being a medical student. Nursing to me is more than just a field of study, but rather a lifestyle I want to insert into my daily life. Being able to implicate that into my daily routine excites me to begin my journey as a medical student. My motivation of becoming a nursing student started out at an early age. Witnessing my single-mother

Quotable Quotes - 1384 Words

â€Å"Don t cry because it s over, smile because it happened.† ― Dr. Seuss â€Å"You ve gotta dance like there s nobody watching, Love like you ll never be hurt, Sing like there s nobody listening, And live like it s heaven on earth.† ― William W. Purkey â€Å"You only live once, but if you do it right, once is enough.† ― Mae West â€Å"In three words I can sum up everything I ve learned about life: it goes on.† ― Robert Frost â€Å"Insanity is doing the same thing, over and over again, but expecting different results.† ― Albert Einstein â€Å"Life is what happens to you while you re busy making other plans.† ― John Lennon â€Å"There are only two ways to live your life. One is as though nothing is a miracle. The other is as though†¦show more content†¦And friends leave. Life doesn t stop for anybody.† ― Stephen Chbosky, The Perks of Being a Wallflower â€Å"Do not let your fire go out, spark by irreplaceable spark in the hopeless swaps of the not-quite, the not-yet, and the not-at-all. Do not let the hero in your soul perish in lonely frustration for the life you deserved and have never been able to reach. The world you desire can be won. It exists.. it is real.. it is possible.. it s yours.† ― Ayn Rand, Atlas Shrugged â€Å"When someone loves you, the way they say your name is different. You know that your name is safe in their mouth.† ― Jess C. Scott, 1: The Intern â€Å"The only way out of the labyrinth of suffering is to forgive.† ― John Green, Looking for Alaska â€Å"Life is to be enjoyed, not endured† ― Gordon B. Hinckley â€Å"Do not go where the path may lead, goShow MoreRelatedMartin Luther Kings Greater Significance784 Words   |  3 Pages1953. Together Martin and Coretta have four children. Martin Luther King Jr. was a famous determined civil rights activist who led marches and protests, recited speeches in front of thousands of people, never surrendered, and were one of the most quotable speakers of twentieth century. First of all, Martin Luther King Jr. led multiple marches and protests. He was the leader of the Montgomery, Alabama boycott (1955-56) of segregated city bus lines. King led the Civil Rights Movement with his powerfulRead MoreA Sunrise on the Veld1721 Words   |  7 PagesTable of Contents: †¢ Authors biography †¢Theme †¢Plot summary †¢Personal Evaluation †¢Questions and answers †¢Quotable quotes †¢Main fiction elements †¢Vocabulary 1) Author’s Biography †¢ Doris Lessing was born in Iran, but grew up in Africa, which was where the story was set. †¢ Her mother was very strict and was obsessed with raising a proper daughter, the boy in the story is most likely based on Doris Lessings own mother because the boy is very controlling. †¢ Most of DorisRead MoreMy Analytical Intelligence Has Changed My Future Through College Acceptances And College Performance2367 Words   |  10 Pagesopportunity in success. Opportunity is key to success because it allows for one to grow, network and reach success and develop advantage over others. Quotable Quotes In Outliers, Gladwell makes statements that I would define as quotable quotes. â€Å"Practice isn’t the thing you do once then you’re good. It’s the thing you do that makes you good† (Gladwell 42). This quote symbolizes the chapter, â€Å"The 10,000-Hour Rule†. It supports the theory that if at least 10,000 hours (the magic number) is put in to practiceRead MoreWhy College Education Is Important to Me839 Words   |  4 Pagesto worry about whether I will be able to keep my job. I know I will give my children a better life and a mother they can be proud of. This is why my college education is important to me. Bibliography Famous Quotes amp; Quotations About education - Quoteopia!. (n.d.). Quotable Quotes amp; Famous Quotations - Quoteopia!. 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Pg 193. 2. http://www.goodreads.com/quotes/show/67533, Albert Einstein quotes quotable quote,  ©2010 Goodreads Inc 3. http://www.manifest-passive-income.com/positivequotes.html, Copyright 2010 / Manifest-Passive-Income.com / All Rights Reserved 4. Borich, Gary D, Effective Teaching Methods – Research Based Practice/Read MoreEssay on George Washington - the Right Leader at the Right Time1779 Words   |  8 Pagesorganization and can attract others to strive also for the attainment of his/her vision so that it becomes a shared vision and they all work together in an organization that sustains the vision, its beliefs and its values.†2 1 2 Lucas, The Quotable George Washington, 12. Stazesky, Richard C., â€Å"George Washington, Genius in Leadership.† However, certain comments from Washington himself make it appear that he did not see himself as fit for the leadership position he was being asked to fillRead MoreAnalysis Of M. Nick Hajli s M 1067 Words   |  5 Pagesdeductive fallacies and informal fallacies which continued to validate the quality of the work. 6. 3-5 Quotes for support a. The first quote that I chose provides Hajli’s intended plan for the journal.â€Å" This paper is organized as follows. First, a literature review is provided to identify the gaps in the current literature that have driven this study†¦Ã¢â‚¬  ( Hajli 389). I chose to analyze this quote because it is an example of that way that Hajli clearly depicts the layout of his information. The blatantRead MoreThe Difference Between Education and Schooling 902 Words   |  4 Pages 1.0 Introduction Twain was famous for his quotes and one of his saying mentioned on schooling which was â€Å"I never let my schooling interfere with my education, (Twain, No Date). However, what did Twain actually try to bring to everyone’s understanding in his saying? 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Insurance Industry

Question: Write about insurance industry in GANA or other country and use all of the material elements. Answer: Introduction The word insurance means safeguard against financial loss. An industry which provides insurance is known as insurance industry. The insurance market of Ghana has a potential growth for the life and non life market. The insurance industry is the fastest growing industry in Ghana. It is not easy to run an insurance industry it requires proper planning. An industry acquires resource and hires people by directing, decision making, controlling, and planning. The Ghana insurance industry has the capability and the proper market to grow. The Ghana insurer association has been formed with the vision that they will focus on the insurance industry growth and also they will make the insurance industry rise economically. The insurance industry of Ghana followed the rules of the national insurance commission (NIC). The manager plays an important role in industry. The managerial accounting is a proper step for that. With the help of managerial accounting it provide decision making and planning inf ormation, it also assist manager in directing activities, to motivate employees in accomplishing the goals and assess the organization competitive position. The balance scorecard approach is also used which include the four goals i.e. financial perspective, customer perspective, operations perspective and innovation perspective. For starting the industry of insurance a line position and staff position is needed. It is also required to raise capital for this a treasurer is required. A treasurer is required to supervise relationship with financial institution, work with the investors, investment managing and establishment of policies that are related to credit. The internal auditor is required for evaluating the procedures of accounting, records and reports related to controller, as well as treasurer area of responsibility (Adams, 2012). The beginning of the year saw the national insurance commission increases its efforts by raising the insurer minimum capital requirements from GHS5m to GHS15m. in addition to this the capital adequacy ratio increased from 130 percent to 140% in the mid 2016. With the help of capital the industry will operate with some level of efficiency, get the right software, and employ the right people, so that can do the right job. More than 50 companies are working in the insurance industry of Ghana they are divided into life, non-life and three reinsurers. Ghana insurance industry The national insurance commission was established by the insurance act, 2006. The objective of national insurance commission is to enable proper strategy, handling and controlling the insurance industry. The national insurance commission also take care of insurance industry and the policyholders.(Feldman,2006)The national insurance commission takes care of the insurance industry in the Ghanaian market whether they are financial sound and thus the policyholders are confident to invest in the insurance. To fulfill the objective the NIC has also taken number of steps for sustaining the human resource base, to enable the insurance company to be financially strong and taking care that the insurance industry following the rules enacted by the government. The NIC also take care of the policyholders i.e. whether the policyholders purpose of taking the policy is fulfilled. Now the national insurance commission is under the supervision of 26 non-life insurance companies, 19 life insurance comp anies, 2 reinsurance companies, 1 reinsurance broker, 63 insurance broking companies, 1 loss adjuster and 4500 insurance agents. There is one way to be crystal clear in this form of market is to enhance the awareness of the public. The primary important in insurance or any industry is the customer service. Insurers should take steps and identify the areas which are more vulnerable (Adams, 2012). The insurers analyze the reasons for underperformance and take steps so that insufficient service delivery is arrested. The Ghana insurance industry comprises of 18 lives and 23 non life insurance companies. The industry is controlled by the non life segments that lead to 48.8 % of the total gross written premium. Ghana allows 60 percent foreign direct investment in the insurance industry. The insurance industry of Ghana adhere with the laws, regulations, applicable standards and present a clean and clear report so that a competitive environment is seen in this industry. Whatever steps they take for the industry are kept confidential such as they dont disclose the confidential information unless they are obliged to do so (Stark et. al, 2010). Role of Cost Management The cost management system should also play an important part in insurance industry. It identifies and eliminates non value added cost. It also identifies new activities that can improve performance. It does the whole process starting with acquiring the raw material, research and development, product design, production, marketing decision, distribution and customer service. The insurance industry believes in competence, confidentiality, integrity, objectivity and resolution of ethical conflict (Adams, 2012). In Ghana the enforcement step include new capital requirement, compulsory products, including coverage for commercial properties against fire, flooding and earthquake. In Ghana the national insurance industry enacted no premium and therefore no coverage rules which strengthen the capital base. Even some companies offer the coverage on credit basis also. Profit level The level of profit is defined according to the return of assets of insurance industry in Ghana. It is rightly said that higher the returns of industry return of assets the better will be insurance industry profitability. The insurance firm return on assets will yield maximum return from assets i.e. 30.70 percent. The people may think once when they invest in insurance. They take a financial decision for a while to invest in other than insurance industry (Miescher, 2005). Even the management accountants consider the notion off opportunity cost for the purpose of decision making. In an insurance industry there is various type of cost such as direct and indirect cost. Leverage has been defined as the total debts divided by total assets. This is one of the determinants variables of profitability of insurance industry of Ghana. The leverage ranges from 4.37 percent to 97.64 percent. But some of the insurance industry can run a debt of 40.84 percent of the total assets. It indicates that insurance industry are lowly geared or leveraged and this help in attracting more clients in Ghana and thus it will make high profit level. Risk and competition In the insurance industry of Ghana there are lot of competition and risk. It appears that the people are not patronizing insurance in Africa due to various reasons. People are relax to go without insurance because when they see the kind of stress people go through before claiming their claims , it does not encourage them to take insurance policy. There should be proper education on insurance which should be taken into consideration. The government of Ghana must broaden the laws on insurance by adding more too motor insurance. The insurance company has put a great effort in the aspect of security to development of the Ghanaians economy. Most of the Ghanaians are still relax to take insurance because there are lots of benefits in it. The difficulty nature of insurance industry towards the payment of claims makes it unattractive for third party insurers to undertake insurance policy. If there is an increase in fraud in an insurance industry then the whole money of the policyholders will be driven away from the industry. (Falola Salm, 2002). There are various bancassurance offerings which are in the rise in the Ghana insurance industry. A growing number of insurers and banks have joined forces to offer policies through banking windows; more than 20 banks have already been granted licenses to offer bancassurance products. Activity based costing For an accurate allocation if insurance cost activity based costing is the best approach. The activity based costing is used by service companies like insurance companies also. Though this activity based costing was used by manufacturing companies previously but now it is used by both of the companies. The main purpose of using this approach here is to give accurate and reliable information regarding cost which will be helpful for decision making and it is also helpful for a cost reduction and improving profit valuation. Activity based costing provide an exact information and also analyze the area where the chances of profitability are more. (Peter, 2007). The insurance industries managers focus on the insurance contracts and bring a change on the investment of resources in which there is zero return so that profitability increases in this type of industry. Management of insurance industry tries to enhance the profitability in two aspect by stressing on insurance contracts and by mod ifying the activities that are non-value added. For application of activity based costing in an industry three main factors to keep in mind are the companys activities, cost drivers for individual activity and objects of cost. The potential drivers for activities in insurance industry are for activity related to market research, production creation, policy making activity, claim estimation and inspection, legal action cost drivers labor hours is used, for activity related to market printing number of printings is the cost drivers etc. Though there is lot of disadvantage in activity based costing that is it is hard to collect the data for activity based costing, failure to identify excess capacity. Even accurate figure cannot be identified with the help of activity based costing. The costing that is based on time can identify an accurate figure as contrast to activity based costing. The costing that is based on time help to identify the labor hours and working time accurately. In the insurance industry activity based costing can provide management with information regarding costs of activities, products, services, customers, distribution channels etc. (Hennock, 2007). Cost drivers that are applied in the case of activity based costing system are mostly working time or as per claims or applications. The insurance contract or policies, customers and sales channels are the cost object in insurance industries. It is expected that the total premium in Ghana insurance industry will grow by 23.9 percent compared to 16.4 percent in USD terms. The multinational insurers are increasingly taking note for growing The prudential investment partner of Ghana that is Leapfrog investments announced in 2016 that they will launch an USD350mm fund to invest in life insurance industry of Ghana in the next 3 to 5 years. Currently Leapfrog acquired a major chunk in Ghana firm UT Life Insurance Company. Ghana life insurance industry enhanced by 34 percent. Even the insurance industry of Ghana follow just in time approach for more throughput, lower operating expenses, an enhancement in the product or quality of service, less work in process, better response time and better performance considering the due date. Insurance industry use financial modeling concept which is considered as the complex model to value assets, liabilities and capital requirement, consider different financial options and evaluate differen t capital and other resource allocation. In an insurance industry sunk cost make the decision makers confused (David, 2011). These are the costs which are already incurred and no current action can change it. It will remain same. Liquidity is also an important factor in an insurance industry of Ghana. According to the statistic insurance industry current assets pay their current liabilities 0.42 times and maximum 5.11 times. But the variability of insurance industry will not be increased above 4.66 times. The dispersion of current assets to current liability is 1.57 times. Insurance industries are able to use their current asset to generate profit. Even in an insurance industry whether the particular cost and revenue are relevant for decision making depends on decision context. Manager should always focus on the cost and revenue (Alborn, 2009). The costs which remain same regardless of decision making are not relevant for decision making. Planned structure For a planned a secured future focus is in profit from insurance industry. It is an opportunity for providing individuals and groups to contribute moneys to various schemes for a better future. The market will more grow in the near future with the enactment of National pension Act, 2008 which is mandatory three tier pension scheme. The first tier national security which deal in social security, as well as national security trust benefits that are compulsory for every employee in public, as well as private sector (Alborn, 2009). The occupational pension scheme is considered as the second tier that is managed privately and it gives higher benefits, it is compulsory for all employees. The third tier is voluntary provident fund and personal pension scheme. Conclusion To address the challenges faced by the insurance industry of Ghana the insurance agents and marketers trained in such a way that the terms and policy should be well explained so that the client can take decision by understanding the policies in a proper manner. The Ghana insurance association has been set up with the vision and mission to provide proper information to the insurers. Even it builds reputation and excellence for insurers. The new act will help in regular inspection, licensing and appropriate sanction against defaulting companies. Therefore, the industry an operate with ease and flexibility when the management is strong and policies have a strong base. There are certain deficiencies in the industry that have crippled the smooth functioning and it is high time for the management to consider the loopholes and deficiencies (Grant, 2008). The insurance industry also depends upon the economy as a whole. If the people have a high standard of living then the insurance industry is sure to receive a boost otherwise there will be a lacking point. References Adams, J 2012, The impact of changing regulation on the insurance industry, viewed 5 June 2016 Alborn, T 2009, Regulated Lives: Life Insurance and British Society, Toronto Press David, R 2011, IF1 Insurance, Legal Regulatory, Chartered Insurance Institute Falola, T and Salm, S.J 2002, Culture and Customs of Ghana, Greenwood. Feldman, G. D 2006, Allianz and the German Insurance Business. Grant, R 2008, Globalizing City: The Urban and Economic Transformation of Accra, Ghana: Syracuse University Press. Hennock, E. P 2007, The Origin of the Welfare State in England and Germany, Social Policies Compared. Miescher, S. F 2005, Making Men in Ghana, Indiana University Press Peter E.R 2007, Various, Ghana: An African Portrait Revisited Squires, G.D 2003, Racial Profiling, Insurance Style: Insurance Redlining and the Uneven Development of Metropolitan Areas, Journal of Urban Affairs, vol. 25, no. 4, pp. 391410 Stark, A.; Kleer, C.G.; Martin, I; Awuah, B; Nsiah-Asare, A; Takyi, V; Braman, M; Quayson, S 2010, Cancer vol. 116, no. 21, pp. 49264932