Care homes should by law have a care home medicines policy. This has to be reviewed regularly to ensure it is up to date and it is based on current laws. . The policy should include: The policy should include a procedure for sharing information about a resident’s medicines. This is especially important if the resident has to go into hospital or move onto another care home. The policy should include procedures that the resident’s medicine records are kept up to date. This is especially
Premium Pharmacology Medicine Pharmaceutical drug
Internal Rate of Return Meaning of Capital Budgeting Capital budgeting can be defined as the process of analyzing‚ evaluating‚ and deciding whether resources should be allocated to a project or not. Capital budgeting addresses the issue of strategic long-term investment decisions. Process of capital budgeting ensure optimal allocation of resources and helps management work towards the goal of shareholder wealth maximization. Why Capital Budgeting is so Important? Involve
Premium Net present value Internal rate of return
The element of misconception and difficulty in love can be apprehending in the novel when Lysander says‚ “The course of true love never did run smooth..." (I.I. 136). This quotes analyses that love is never smooth and there are bump and rift throughout. This aspect can be represented when Puck uses the love potion on Lysander by accident and it results to a rift and misconception in love. This can be examined when Lysander says “What‚ should I hurt her‚ strike her‚ kill her dead? “/”Although I hate
Premium A Midsummer Night's Dream
MARGINAL COSTING AS A COSTING SYSTEM Marginal Costing is a type of flexible standard costing that separates fixed costs from proportional costs in relation to the output quantity of the objects. In particular‚ Marginal Costing is a comprehensive and sophisticated method of planning and monitoring costs based on resource drivers. Selecting the resource drivers and separating the costs into fixed and proportional components ensures that cost fluctuations caused by changes in operating levels‚ as
Premium Costs Marginal cost Cost
Historical Development of Marginal Costing Marginal cost is the change in the total cost that arises when the quantity produced has an increment by unit. That is‚ it is the cost of producing one more unit of a good. In general terms‚ marginal cost at each level of production includes any additional costs required to produce the next unit. The concept of marginal utility grew out of attempts by economists to explain the determination of price. The term “marginal utility”‚ credited to the Austrian
Premium Costs Variable cost Marginal cost
Microeconomics Topic 6: “Be able to explain and calculate average and marginal cost to make production decisions.” Reference: Gregory Mankiw’s Principles of Microeconomics‚ 2nd edition‚ Chapter 13. Long-Run versus Short-Run In order to understand average cost and marginal cost‚ it is first necessary to understand the distinction between the “long run” and the “short run.” Short run: a period of time during which one or more of a firm’s inputs cannot be changed. Long run: a period of time during which
Premium Costs Marginal cost Variable cost
Although it is seen in Act 1‚ it becomes more evident in Act 2 that Willy only fears of diminishing pride and popularity. It is in Act 2 where the meaning behind the story’s title‚ Death of a Salesman‚ is revealed: Willy states‚ “when he died‚ hundreds of salesmen and buyers were at his funeral” (idk). Dave Singleman was a popular man‚ and Willy strives to be as popular as Dave was‚ which is why he has the job of a seller. Furthermore‚ when Willy is fired from his job‚ he becomes devastated. Being
Premium Death of a Salesman Family Arthur Miller
Model The I/O (Industrial Organization) Model adopts an external perspective to explain that forces outside of the organization represent the dominate influences on a firm’s strategic actions and is based on the following four assumptions: The external Environment The general‚ industry‚ and competitive environments impose pressures and constraints on firms and determines strategies that will result in superior returns. (External Environment à Organization) Most firms competing in an industry
Premium Firm Strategy Strategic management
Explain the use of the word ‘Natural’ in Natural Moral Law (25) In society today‚ we define Nature as something that is not made by humankind but rather is instinctual. St Thomas Aquinas (1225-74) believed our telos can be discovered by using our human reason to reflect on our human nature and work out what we need to do in order to achieve our particular telos. And so Natural Moral Law is defined as the moral Law of God which has been built into us at creation by God. Aquinas’s ideas of Natural
Premium Natural law Thomas Aquinas Aristotle
Chapter 11 Exercises 11-5 Return on Investment (ROI) Provide the missing data in the following table for a distributor of Martial arts products: 11-9 Return on Investment (ROI) and Residual Income Relations A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing information in the table below: 11-18 Return on Investment (ROI) and Residual Income “I know headquarters wants us to add that new product
Premium Rate of return Investment Interest