Types of business entity

medical lab technician will be able to determine the blood type, as well as, being able to tell if someone is sick or has cancer. The entire human population will come in contact with, or have potential to come in contact with someone in the healthcare…

involved the dilemma regarding the form of ownership for a health care service company called New Health Claim Processing. The co-founders, Peter and Jennifer, decided to start a business model to process claims at a very low cost while providing a high degree of customer service. They invited Andy and Grace to draft a business plan and eventually appointed Michael as a CEO. During the presentation, Michael handled the ownership questions poorly because nobody has settled the ownership of the…

Business leaders are faced with unethical decisions daily. Their actions, although they may feel are ethical in certain situations turns out to be unethical behavior. Responses to this type behavior doesn’t always work out for the good of the company and can become serious in a matter of minutes. In Dalman’s situation, they are in violation of the law with the trash dumpsters and the property line. According to the video in this unit’s assignment, the government inspector has told the unit…

expenses and most of all reducing fraud and waste by constraining the administrative loads of health care, in standardizing electronic transmission in the financial and administrative department. Donna Bowers (2001) suggest that by implementing standard business and system formats we will be able to streamline the processing of health care claims, and reduce the volume of paperwork required by the U.S. health care system. In addition, this does not only benchmark a continuous streamline but it…

organization. The misappropriation and embezzlement schemes including as following: (1) Skimming schemes For receiving donations, there is a frequent threat, skimming, to Non-For-Profit Organizations. The “skimming” means that cash removes from a victim entity before its entry into an accounting system. The result of skimming is that the victim Non-For-Profit…

counterfeit purses, bags designed to trick people into thinking they’re real when they’re not. No one denies that. Could you use a utilitarian argument (bring the greatest good and happiness to the greatest number) to justify this corporate culture and business endeavor as ethically respectable? First of all lets dig-in in the theory of utilitarianism and its two main approaches act and rule. Act utilitarianism poses moral problems, and it presents a single method for dealing with this…

conditions for transfers of power and amendment rights that basically give the authorized entities the empowerment to shape certain attributes of the financial system if it is found necessary to assure that misconduct or criminal actions are not being utilized on unwary consumers. The Dodd-Frank Act also retains authority over nonfinancial institutions, which is one of the main issues that have business owners in a frenzy to have portions of the Act abolished. In Section 172 of the…

physically controlled area. Intrusion Detection System was also evaluated in this chapter as an essential tool in detecting any strange changes within the physical environment or system. Once the IDSs capture any strange change, it alerts the responsible entities and proper action will be taken to evaluate the situation and react to it. In all, physical security though, was often not considered when addressing information security, but it is a key area that touched people, data, system,…

distributed between its members. As such, Sergeant’s Smokehouse will not have an individual Chief Executive Officer. Under a member governing authority, the members, or owners (Lawrence, n.d.), of the LLC will manage the affairs and operations of the business as outlined by a company agreement (Sec. 101.252. Management By Governing Authority , n.d.). Sergeant’s company agreement will stipulate that both…

financial disclosures can be required by GAAP or by the management team when preparing the financial statements. The disclosure notes in the financial statements are explanatory and supplemental notes that accompany the financial statements issued by an entity. This financial report will discuss the purpose of disclosure notes, the disclosure…