Midterm exam Essay Example | Topics and Well Written Essays - 2500 words

Midterm exam - Essay Example a) Joseph Johnston argues that the failures in corporate governance and top level scandals indicates that the fiduciary principle does not really help to ensure that managers seek the best interest of their stakeholders (25). Johnston argues on the basis of the conflict of interest that is so rife in organizations. This is because most managers and directors seek to meet their profit motives and since they are often assessed on the basis of their ability to attain profitability, most directors are prone to find ways and means of cutting corners and cheating some stakeholders. A stakeholder is a person who affects and/or affected by an organizations activities (Freeman 29). This include a wide variety of people including employees, consumers, suppliers, financial institutions, government agencies amongst others. These people have various demands and expectations from the organization and its directors. And due to the reality that directors are expected in practice, to generate profits, directors are wont to do illegal things that will lead to higher profitability. They are also likely to ignore other peoples claims and legitimate needs in order to attain high profitability. From another angle, managers and directors want to remain in the good books of shareholders and guarantee shareholders expectations of higher dividends. They are therefore likely to present misleading reports that will allow them to remain in office as directors. Thus, the fiduciary duty of operating in good faith is often missed and directors use ways and means to attain results. b) To a large extent, I agree with this assertion. This is because in reality, a director works under so many constraints. And if that is the case, a director will be forced to do things that might not be in the best interest of everyone. From another perspective, it is practically impossible for a manager or director to meet all the expectations and demands of stakeholders. So a director will have to

OHS Coursework Example | Topics and Well Written Essays - 1250 words

OHS - Coursework Example The nurse only did what she had to do to the best of her ability with disastrous consequences. By using the Systems Approach to Occurrence Causation (SAOC), we can conclude that the cause of the occurrence can be traced to several factors that combined to bring about the event. We can start of by pointing out that the nurse was on duty unsupervised. This was of course what led to the patient sustaining the overdose which led to the brain hemorrhage that killed her. The second cause can be attributed to the nurse not having proper knowledge concerning the dosage required for the child and as such ended up giving ten times more than was required and the child’s system could not handle this. Third we can attribute the occurrence to a failure by the hospital to implement proper guidelines that would have prevented the nurse from administering the medicine without a doctor’s supervision. Lastly the medicine was administered at a time off the usual routine which made it hard for the doctor to be available as per schedule which could have negated the need for the Nurse to do the administration of the medicine alone without supervision. The other cause can be put down to understaffing at the hospital which meant there was no qualified pediatrician when the Nurse was doing her rounds administering the medicine. In this incident, the energy in this scenario is the medicine being administered and we can identify the administration of the medicine as the source of risk especially without proper supervision. A hazard is a source of potential harm in terms of human injury, ill-health and damage to property, the environment, or a combination of these. In this case, we can pinpoint the hazard as being the drug administered by the nurse. This case can also be used to express an example of psychosocial hazard. The work conditions were liable to cause the