The case of “The Sole Remaining Supplier” deliberates between what is more important‚ a human beings life or financial loss. During the year 1975‚ doctors across the nation started to implant a new and promising medical technology called pacemakers. It was in its early years; therefore‚ cardiology doctors did not possess the advanced skills needed to install such equipment. A patient’s heartbeat depended solely on these units to survive; however‚ a malfunction from such unit would cause a patient
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The Case of the Sole Remaining Supplier Though we live in a fast-paced ever-changing world today‚ we all still retain in us‚ an image of what an ethical community‚ an ethical society‚ or an ethical business should look like. We are all responsible in all levels of our society to act ethically as individuals and also as a community for the well being of all. “The Case of the Sole Remaining Supplier” exemplifies one of many such cases in business that puts board executives in a risky position
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As the story of the Sole Remaining Supplier was told to me‚ the Board conversation went pretty much the way the case describes it. Legal was saying‚ "This is a time bomb waiting to happen. Why are we even talking about this?" Engineering was bemoaning the lack of standards for testing the electronics of pacemakers‚ and the majority of the Board understood that they had a problem with no easy solution. One of the people on the Board told me later that the founders of Silicon Valley were the sons
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Is Monopoly necessarily less efficient than Perfect Competition According to SJ Grant’s Introductory Economics‚ Monopoly is the only sole supplier of the industry. They would not inherit any competitions as well as having no close substitutes. There are many reasons that cause the formation of Monopolists. Barriers to enter or exit discourages new firms to enter the market (patent rights creates a right to sell that product‚ abnormal profit‚ predatory pricing‚ raw material ownership‚ high fixed
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In the qualitative study‚ Cardiovascular Patients’ Experience of Living with Pacemaker: Qualitative Study‚ the objective was to look into the experiences of patients living with a pacemaker. In the introduction‚ the authors describe the reason of cardiovascular disease being one of the most common causes of disease associated mortality being that there is an increase in urbanization‚ industrialized lifestyle and decrease physical activity as well as socio-economic conditions. Coronary artery disease
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My company supplies the pacemakers with transistors that they use to build heart pacemakers. The pacemaker technology is in its infancy and the maker is having different type of problems which resulted in many incidents. The incidents were caused by doctors that don’t know how to install the pacemaker because they lack the appropriate training. Also‚ the Quality assurance phase is very weak at the production level because the engineers are not testing the hardware rigorously. As a result‚ my company
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Pacemaker The human heart is an essential organ of the human body. Its sole purpose is to supply the body with oxygen by pumping blood through a complex system of veins and arteries. However‚ it is often common for the human heart to suffer from various heart conditions‚ such as a heart block‚ slow heart beat‚ heart attack or heart failure. Such heart conditions can lead to weakness‚ fainting‚ shortness of breath‚ or even possibly death. These can usually be treated with medication but in cases
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TYPES OF PACEMAKERS The classification of pacemakers into different types is based on the mode of application of the stimulating pulses to the heart. EXTERNAL PACEMAKERS: These are used when the heart block presents itself as an emergency and when it is expected to be present for a short time i.e during critical post operative periods and in patients during cardiac surgery‚ involving the valves or septum. * The pacemaker is placed outside the body. It may be in the form of wrist watch or in
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Living with a Pacemaker or Implantable Cardioverter Defibrillator (ICD) With advances in technology‚ pacemakers and ICDs generally last five to seven years or longer (depending on usage and the type of device) and‚ in most cases‚ allow a person to lead a normal life. In addition‚ advances in device circuitry and insulation have reduced the interference risk from machinery‚ such as microwaves‚ which‚ in the past‚ may have altered or otherwise affected these surgically implanted cardiac devices. Even
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Discuss the influence of endogenous pacemaker and exogenous zeitgebers on one or more biological rhythms (24 Marks) Introduction This essay will outline and evaluate the role that endogenous pacemakers (ep’s) or internal clocks have on our biological cycles. It will also consider exogenous zeitgebers (ez’s) or external timekeepers. The two cycles to be considered are circadian and ultradian. AO1 Psychologists believe that the circadian rhythm (sleep/wake) is controlled by an
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