Development of Health Care Assignment Example | Topics and Well Written Essays - 2000 words

Development of Health Care - Assignment Example The British masses willingly bore with the hardships, scarcity and want imposed by the coalition government under Winston Churchill to divert the scarce resources to war efforts. The politicians and the leadership of the times felt a dire need to reward the British working class for its forbearance and sacrifice by ushering in reforms that were to give way to a more egalitarian society (Stevenson 1990). The UK government deputed Sir William Beveridge to draft a report that was to be the basis of a pragmatic policy targeted at helping low-income groups in Britain (Hills, Ditch & Glennerster 1994). The report furnished by Beveridge in December 1942 proposed that all the working age citizens ought to be made to pay a weekly levy. The funds accumulated through the accrual and management of these weekly contributions were to be used by the state to help people who were needy unemployed or retired. Beveridge called for a minimal standard of living that was to be mandatorily extended by the state to all the poor and needy. The Labour government elected in 1945 resorted to the suggestions made by the Beveridge Report to chalk out measures that were to form the basis of a modern welfare state (Hills, Ditch & Glennerster 1994). The concept of a welfare state includes within its ambit the need to resorting to public and statutory measures to extend the agreed upon minimal standards of living to the deprived and marginalized individuals and groups across the society. In an ideal scenario, the objective of any welfare state is to strive to eradicate poverty, to ensure an all-inclusive distribution of resources and national wealth to promote and enhance social cohesion and unity. In consonance with the above-mentioned ideas, the Beveridge exclusively attacked the evils of ill health, lack of education, lack of hygiene, unemployment, and poverty (Hills, Ditch & Glennerster 1994).

Financial Regulation & Supervision. Andrews Bank case study Essay

Financial Regulation & Supervision. Andrews Bank case study - Essay Example Adam is a newly hired commercial loan officer in training at the Andrew and Andrews Bank. After clearing several credit analysis exams, he joined the bank with zeal and fervor towards credit analysis. Several of his seniors noticed him for his intelligence and smartness. Soon Adam was promoted to be a financial analyst and was assigned to his superior, Jon Smith who was a commercial loan officer. As part of his job, Adam was required to conduct credit analysis to check credit worthiness for all new customers that Jon brought into the bank. In one such case, where Roberts and Roberts had requested for a five million pound loan, Adam was extremely confused by the way Jon had handled the situation. Adam noted that the company, a retail store chain, was very highly leveraged with most of the exposure being handled by his bank. In most of the cases, Roberts and Roberts had undertaken operating leases which were not part of the long term loans like other leases. As an accounting regulation , finance leases are classified as long term loans while operating leases only come under contingencies and commitments and in the notes. As a result, Roberts and Roberts was playing with accounting rules and noting its operating leases under notes. Subsequently, when Adam analyzed the credit worthiness of the company, he found that the company was dangerously over leveraged and therefore was not a safe investment or customer for the bank. Adam included this element into his analysis in the memorandum which he then forwarded to Jon so that she would include that in the credit file. However, Jon decided not to include that in her credit file and the file was later approved by the credit committee with the operating lease issue never coming up in the credit committee meeting. After this scenario, Adam overheard a conversation between Jon and other colleagues. Apparently, Jon had a personal mortgage loan application approved by the Sheffield Building Society. It was also found that the President of Roberts and Roberts was also chairing the board of the society. Adam also found that extremely favorable rates were offered to Jon on the personal mortgage. Adam was thoroughly confused because of the unfolding scenario and this case now portrays several ethical concerns. Following this is an outline of the ethical concerns that are raised by this case along with the action steps that Adam should take in order to fix the situat ion. Moreover, certain recommendations for the organization are also put up in order to avoid such situations in the future. Ethical Concerns Highlighted in the Case Various ethical concerns have been highlighted in the case based on the scenario outlined above. The first issue that has come up is that Jon has been given the sole responsibility to present the credit file to his superiors and the credit committee which leads to issues such as dependency on only one person who can be easily