Government-Subsidized Food - 1201 Words

Government-subsidized food is a growing epidemic in this country. According to Adam Drewnoski, an obesity researcher at University of Washington, â€Å"A dollar could buy 1,200 calories of cookies or potato chips but only 250 calories of carrots. Also, he discovered that a dollar bought 875 calories of soda but only 170 calories of orange juice† (Pollan 1). This statistic proves that the emergence of unhealthy food and growing obesity numbers are directly correlated to the increasing government-subsidized food that is being thrust upon American children. One study found out that, â€Å"about 98% of all televised food ads seen by children are for foods high in sugar, fat, or sodium, and that one thirty-second commercial can influence the brand†¦show more content†¦Unfortunately, schools, or the institutions that are predicated on the principle of telling â€Å"right from wrong† are the same ones that encourage the consumption of unhealthy and potentially lethal foods. Therefore, government-subsidized foods are bad for school lunches because they do not provide enough nourishment to their consumers, and promote food and beverages that are high in high fructose corn syrup. Government-subsidized food is bad for school lunches because it promotes bad food and ignores healthy food. School lunches do not provide well-balanced meals, instead serving up high calorie and fat foods to entice students to buy them. One study found that, â€Å"In USDA school lunches, fresh fruits and vegetables were offered daily at half of schools† (Finkelstein 6). But if these schools are serving fruits and veggies, how are they still encouraging childhood obesity? There are many answers, but the two most common are a la carte cafeterias and vending machines. According to Finkelstein, â€Å"A la carte items were sold in 71% of elementary schools, 92% of middle schools, and 93% of high schools† (Finkelstein 1). Giving students the opportunity to pick wh at they want to eat, according to sources, is a disastrous idea. A study directed by Martha Y. Kubik found that, â€Å"On average, students from schools without a la carte programs consumed more servings of fruit per day than studentsShow MoreRelatedStrengths and Weaknesses of Using Food Subsidies in Improving the Welfare of the Poor in Middle Eastern Economies1535 Words   |  6 Pagesproblem facing policy makers is the choice of options means of improving the short run welfare of poor households in the population. Among these, policy alternative is a choice between food subsidies and agricultural production subsidies. Food subsidies involving either the sale of stable food items at subsidized prices, or income transfers, expected to improve the welfare of recipient households in the short run directly. On the other hand, agricultural production subsidies and other agriculturalRead MoreThe Benefits Of The Agricultural Industry1340 Words   |  6 PagesIt provides a consistent fo od supply to many countries around the world, not to mention the United Sates. It stimulates and stabilizes the economy, all while bringing in billions of dollars every year. While these things are very beneficial to this country, the agricultural industry also depends, at least in part, on funding from the government through agricultural subsidies. The Free Dictionary (2003) defines agricultural subsidies as â€Å"Payments by the federal government to producers of agriculturalRead MoreThe Paradigm Shift in Consumption1861 Words   |  7 PagesConsumption: The New Food Equation Consumer behaviors are constantly changing, as can be seen with the recent trends of obesity in the global north and hunger and malnutrition in the global south. 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The Agricultural Adjustment Act of 1938 mandated the government to pay grant subsidies for corn, wheat and cotton, to maintain adequate supplies of these staple goods during low production times (Orden Zulauf, 2015). The farm bill is revisited every five years, encompassing farm commodity prices and programs, income, farm creditRead MoreThe Is Not Like The Fast Food Workers1383 Words   |  6 PagesLook at all the people in this world, you have doctors, lawyers, construction workers, fast food workers, and a multitude of other professions. What do all of these professions have in common? All the people that work in these fields, want to go to college. Some are successful like doctors, but some are not like the fast food workers. This brings up a question, what prohibits these people from not going to the college of their choosing? There are two answers to this question, the first is, the individualRead MorePoverty And The Hunger Of Venezuela915 Words   |  4 Pagesdisturbing evidence of chronic malnutrition. The government s decision to hide the real situation by refusing to publish statistics per- continents will make the crisis much more difficult to handle. In the second half of 2013, according to the INE, 22.3 % of Venezuelans lived in poverty, and other 9.8 in extreme poverty. While there have been no published figures for 2014 Vice President Jorge Arreaza announced at the annual conference of the Food and Agriculture Organization (FAO) that extr eme povertyRead MoreFood Inc. Summary Essay735 Words   |  3 PagesFood Inc. opens in an American supermarket and draws attention to the unnatural nature of year-round tomatoes and boneless meat. It pulls aside the curtain that is concealing the truth about food from the consumer. After the brief intro, the movie shifts its focus to the topic of fast food and its impact on the meat industries. Fast food virtually started with McDonald’s. When they decided to simplify their menu and hire employees that repeated one task over and over for minimum wage, the result

Group and Organizational Behavior Reaction Paper - 1885 Words

Group and Organizational Behavior Reaction Paper In this paper I will be highlighting five topics that were covered in the Group and Organizational Behavior class. The concept of Group and Organizational Behavior is defined as the study and application of knowledge about how people, individuals and groups act in organizations. First I will be discussing group vs. individual decision making and the results from the Desert Survival situation in week one. I will then describe the concept of Group Interaction Roles and compare my findings with the Desert Survival situation. Third I will discuss the concept of a Group Maintenance Role with class room examples. Next I will move to my personal findings in the Personality System Analysis†¦show more content†¦Participants can represent one or more roles at any one time and are not bound by any one role. Group task roles are present when the goal is to select, define or solve problems. These roles can be broken down in to 12 different personalities. • Initiator-Contributor Ââ€" this person is most likely to suggest new ideas to the group. Or to get ideas flowing from other members. • Information Seeker Ââ€" will want to seek out more detail on ideas that are presented. • Opinion Seeker Ââ€" looks for values involved in an idea made. • Information Giver Ââ€" gives ideas based on ones personal experience. • Opinion Giver Ââ€" will do just that and submit their belief or opinion on an idea. • Elaborator Ââ€" will go in to more depth on a presented idea. • Coordinator Ââ€" works with others to pull ideas from others together. • Orienter Ââ€" wants to guild in the group in the direction that it was intended. • Evaluator Critic Ââ€" wants to evaluate the logic, facts, or the procedure of an idea. • Energizer Ââ€" will try and stimulate a groups ideas and activities. • Procedural Technician Ââ€" is the hands on person with getting the physical needs for the group accomplished. • Recorder Ââ€" writes or records thoughts and ideas. In a classroom environment I find myself leaning more towards the role of an Information Seeker and looking for someone playing Information Giver. Especially in a SPS classShow MoreRelatedThrough The Looking Glass : Article Review856 Words   |  4 Pagesself-evaluating the process of ethical decision making. This is a thought provoking article, which explains the ambiguous human perspective on ethical behavior. Although there are no specific studies associated with this article, it does however theorize that there are three specific observations, which best explain work related ethical behaviors. The scholarly article’s hypothesizes that human instincts, cultures, and polarizing pressures between social and individual responsibilities all affectRead MoreOrganizational Behavior Essay1086 Words   |  5 Pagesdefines organizational behavior. 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Health Care for Quality and Patient Safety- myassignmenthelp

Question: Discuss about theHealth Care for Quality and Patient Safety. Answer: Introduction: The approach of the human factors in the system is critical in improving the patient safety and the health care quality. Patient safety is an important component of the policies related to the healthcare globally. The quality and the patient safety in the health care institutions act as an important feature that promotes the protection of the patients and in turn reduces the risk of the health issues and errors that may occur in the health organisations (Entwistle, 2007). The safety and the superiority both act primarily in the liberation of the health care. Efforts related to the quality improvement and risk management in the healthcare institutions are to rally following the safety of the patients and to find out the ways where to work together efficiently and effectively to ensure that the health care institutions deliver the care with high quality and safety with minimising the risks (Entwistle, 2007). The health care quality and safety related to the abilities of the human in manipulating the processes which are familiar with the human strength and weaknesses. In the present scenario of the health care, many of the factors are documented as of huge importance for the quality and the safe processes (Entwistle, 2007).. To restore such circumstances the health care organisations are purposely implementing the quality and safety, health care programmers which identifies the conditions of the patients and putting them in the jeopardy of damage and then to perform such act which helps in the prevention of the health care risk (Entwistle, 2007).. Human factors in Health care: Human Factors act as the major factor in the management of the processes and the system designs that in turn build the limitations and the capabilities of the human in the workplace (Buist, 2016). Human Factors in the health care are significant as the profession of caring is susceptible to high; UN monitored workloads indirectly and directly are connected with the role of the health care and practices. The initiatives of the Productive Workplace and patient safety are an important step that is forwarded in achieving the efficiencies and the subsequent pace is to erect an error free wisdom through managing the human factors (Buist, 2016).. The approach of the human factor helps in strengthening the security and the quality of the existing patient development, science contribution includes rational and the evidence approach for continuing safety, medical brilliance and superiority improvement (Buist, 2016). Human factors in the health care management help in understanding the reasons for which the employees in the health care are conducting the errors and also the particular system and factors that are threatening the safety of the patients. Such human factors in healthcare organsiations aslo help in improving the safety culture among the teams and the organisations; with this also enhancing and improving the teamwork and communication among the staff of the health care (Buist, 2016).. The human factor in health care organisations reduces and lessen human infirmity, and hence reducing the penalty and blunder in the organisations. The implementation of a such concepts system wide offers an opportunity in holding the cultural changes and authorising the position that endures safety and scientific vividness at its compassion (Buist, 2016).. Health care system is composed of certain huge set of the interacting systems emergency, paramedic, impatient care, ambulatory, and dwelling health care; testing imaging pharmacies and laboratories that are attached to insecurely associated but complicated network of individuals, procedures, teams, regulations, equipment, communications and devices that purpose with soft management in an uncertain environment (Nemeth et al., 2006). The Physicians in practices of the community may be tenuously linked that even they do not see themselves as the part of the care system. It is suggested by the WHO to use the human factors in helath care organisation appreciates the associations between the patients, staff and the human environment(Gluyas Hookham, 2016). The well developed human factor framework in an organisation will ease the functioning and helps the workforce in doing the things in an accurate way without committing the errors (Rich, 2008). For the safety outcomes, many of the factor s that affect the response and the process of the brain and personal performance are manifold and prohibited. Such human factor framework in health care also helps in identifying what is wrong with the prediction that what could go wrong and understand how certain tools lessen the likelihood of harms to the patients (Rich, 2008). The health care management in association with the visionary management, proper preparation, education and accessibility of the required resources with the effective organizations can result in developing the awareness which inturns prevents the incidents (Rich, 2008). The leadership and the treatment programmes with the pioneering training and meeting seminar will be helpful in achieving the maximum output levels. Impact of safety and risk management culture in health care The SRC Theory of Rasmussens (1997) of Skill, Rule, and Knowledge apply the human experience within the organization and refers the process to manage the information (Ford Short, 2008). The worker who is experienced relies more on the knowledge and results in committing violations as compared to the the beginner or the experienced worker, who mainly believe in the rules or the skill development and tend in committing the errors. The differentiation blurs when the system is dynamic and changes frequently and rapidly, making the experienced workers be vulnerable to the different types of the error (Hart Sweeney, 2006). The term human factors are consistent with the theory that includes the conspicuity, adaptation, and automatic behaviour, top?downs and bottom up task significance, cue generalising and retrospection bias. The Risk Management and the patient safety dependent mainly on the previous events and particularly virtual to a person, and circumstances such a as the state or a s upposition on which the strength or consequence of something else depends frequently competed at the appraisal table but contain considerably dissimilar implications (Hart Sweeney, 2006). In the way of enhancing the safety of the patient in an organisation, the Risk management authorities implement the excellence development program which aims in reducing the medicinal errors (Hart Sweeney, 2006). In addition, the clinical audits guide about the processes that prove to be helpful in offering the continuous programmes of the excellence and development of the programmes that help in the reduction of the errors in the health care (Gluyas Hookham, 2016). The quality and the safety of the patients in a great way depend upon the processes and the systems that are designed for the clinical support and care (Hart Sweeney, 2006). The risk management in the heath care organisation act as the tool in improving the quality of the care in the health care. Risk management also helps in analysing, monitoring and the treatment of the incidents or the errors that occur in the organisation. According to the Knox (2002), risk management in the health care institutions is more about the community design, enhancement and varying systems of occupation rather than being a simple function of the staff that is assigned to the simply staff or officers and is labelled as the risk management (Hart Sweeney, 2006). The integrating work of risk in the managerial and organizational culture and also made as an unambiguous step in the decision making process is significant to prospect flourishing management of corporate healthcare risk (Morrow Rogers, 2008). Organisational system and processes: The thinking of the organisational system does not come obviously to professional of the health care institutions. Whereas, the health care practitioners work together and are trained in such different disciplines, where, primarily focus is on the skills excellence and knowledge in diagnosing the ailments and the rendered care (Buist, 2016). In the chase of becoming the skilful and knowledgeable professionals in their individual disciplines, is one of the challenge that is faced by the medicinal, nursing and the other specialities of the health care. The very well known expression that is in the health care system related to the patient safety is that each and every of the system is designed in such a way to exactly achieve the results (Issel, 2014). The safety and the security of the patient is one of the challenge that is faced worldwide and requires the skills and information in the different areas which includes the human factors and system manufacturing (Issel, 2014). The demanding and the complex environment of the health care institutions for the health care practioners can be made simpler and understandable for delivering the care with accounting the broad range of the human factors that are concerned and in different ways impact the performance of the individuals (Slemon, Jenkins Bungay, 2017). The application of the human factors in the health care system results in the application of the scientific knowledge related to the human limitations and strengths for designing the system in the workplace environment for ensuring the satisfying and safe performance (Morrow Rogers, 2008). In the present split health care system, no entity or the single individual is in charge of the certain factors and seems to continuously interact and misaligned in such manner which in turn leads to the care that is substandard (Slemon, Jenkins Bungay, 2017). In the system, there are certain recognizable accidents which are being waiting to happen. The health care practitioners in their responsible role have to look after the care of the patients and are in the position not only to identify the issues related to the health care but also to rectify the identified issues. The health care staffs of the highly reliable organisations actively practices the tenets and is recognized, that workforce of the health care cannot speak to the issues of the system on their own but needs the support t of the managerial supervisors for rectification of the errors (Issel, 2014). Everybody who had the probable impact on safety and the care of the patient, no issue how remote the administrators, device manufacturers and the nurse managers need to be watchful of the mutually dependent organization factors which play a role in shaping (Issel, 2014). Devoid of the strong and clear nursing voice and a managerial climate with the aim of is favourable to truthfully addressing organization troubles, efforts to improve safety and quality of the health care fall short of the potential (Issel, 2014). Conclusion: The safety of the patient and providing the quality health care plays a significant role in the physical conditions of the health care system and assists in the concerns related to the health care. To keep the protection of the patients is an important issue. Healthcare institutions are becoming conscious of the changing managerial culture that improves the patient's safety (Issel, 2014). In the present scenario, both the human factors and the health care practitioners are undertaking further than their individual traditional boundaries, working in teams, and getting benefited with the sharing of fresh perspectives and experimental knowledge. For the health care and safety of the patients, the support of the leadership is required for aligning the safety of the patients, quality and the risk functions within the organisation. The human factors framework is responsible to evaluate certain roles periodically which are responsible for the risk and the safety of the patients in the healt h care organisations (Issel, 2014). References Buist, M. (2016). Patient-Centered Care: Just Ask a Thoughtful Question and Listen.The Joint Commission Journal On Quality And Patient Safety,42(6), 286-287. https://dx.doi.org/10.1016/s1553-7250(16)42038-6 Entwistle, V. (2007). Differing perspectives on patient involvement in patient safety.Quality And Safety In Health Care,16(2), 82-83. https://dx.doi.org/10.1136/qshc.2006.020362 Ford, E., Short, J. (2008). The impact of health system membership on patient safety initiatives.Health Care Management Review,33(1), 13-20. https://dx.doi.org/10.1097/01.hmr.0000304496.89684.7f Gluyas, H., Hookham, E. (2016). Human factors and the death of a child in hospital: a case review.Nursing Standard,30(31), 46-51. https://dx.doi.org/10.7748/ns.30.31.46.s45 Hart, J., Sweeney, G. (2006). Integrating Patient Safety Indicators into Patient Safety Programs.Journal For Healthcare Quality,28(6), 18-28. https://dx.doi.org/10.1111/j.1945-1474.2006.tb00640.x Issel, L. (2014). A culture of health and healthiest nation initiatives.Health Care Management Review,39(3), 185. https://dx.doi.org/10.1097/hmr.0000000000000030 Morrow, D., Rogers, W. (2008). Environmental Support: An Integrative Framework.Human Factors: The Journal Of The Human Factors And Ergonomics Society,50(4), 589-613. https://dx.doi.org/10.1518/001872008x312251 Nemeth, C., Cook, R., Donchin, Y., Dierks, M., Patterson, E., Bitan, Y. et al. (2006). Learning from Investigation: Experience with Understanding Healthcare Adverse Events.Proceedings Of The Human Factors And Ergonomics Society Annual Meeting,50(9), 914-917. https://dx.doi.org/10.1177/154193120605000911 Rich, S. (2008). How human factors lead to medical device adverse events.Nursing,38(6), 62-63. https://dx.doi.org/10.1097/01.nurse.0000320363.32444.d8 Slemon, A., Jenkins, E., Bungay, V. (2017). Safety in psychiatric inpatient care: The impact of risk management culture on mental health nursing practice.Nursing Inquiry,24(4), e12199. https://dx.doi.org/10.1111/nin.12199

The Securities and Commodities Authority (SCA)

Description of Company The securities and Commodities Authority, popularly known as SCA, was established following a presidential decree on January 2000 with the mandate to monitor and supervise the securities market in the United Arab Emirates.Advertising We will write a custom essay sample on The Securities and Commodities Authority (SCA) specifically for you for only $16.05 $11/page Learn More The authority was granted legal, financial, and administrative independence to enable it discharges its duties without any direct influence from government authorities. SCA mission is to ensure that investors’ interests are protected by ensuring that fair practices are embraced in the securities market. The authority has been working closely with the relevant stakeholders to ensure that United Arab Emirates capital market operates efficiently and that there is legal and investment awareness among all the relevant stakeholders. It is mandated to identify a nd eliminate any attempts by the stakeholders to engage in unfair practices that may lead to financial loss of investors (Lager 78). Since its formation, this authority has executed its mandate in an exceptional manner, always trying to ensure that fairness and professionalism is maintained in the securities and commodities market. Problem Statement and problem definition The primary mission of Securities and Commodities Authority is to protect the interests of the investors and to promote principles of fair and sound practices within the United Arab Emirates’ capital markets. To achieve this mission, the authority has been given the mandate to develop policies and supervise their implementation within the country’s legal framework. According to Terterov, the emerging trends in the market, especially the issue of digitization of the financial market has been a big challenge for this firm (97). Although the authority has done everything within its powers to digitize its system, it has been unable to manage the emerging trends brought about by the emerging technologies. Most of the security exchange authorities around the world, especially those in the developed nations, are already using digitized systems to regulate the capital market. However, SCA has been slow in shifting to a completely digitized system, partly because of the limited budget it receives from the federal budget. It will be necessary to address this problem in order to ensure that this authority can achieve its mandate in the most efficient manner. The issue about budgeting should be addressed so that the management can set aside enough funds that will be needed to help in the transition to a fully digitized system.Advertising Looking for essay on public administration? Let's see if we can help you! Get your first paper with 15% OFF Learn More Proposed Solution: Value Proposition Securities and Commodities Authority has a very important mandate of monitoring and man aging the United Arab Emirates’ capital market. It means that this authority is at the centre of the country’s economic growth. The strategic role played by this body makes it very necessary to ensure that it operates efficiently not only to win the confidence of local and international investors, but also to ensure that unethical practices that may hurt the country’s economy is eliminated. In this section, the researcher will look at the process of identifying the problem, proposing an appropriate solution, and finding effective ways of implementing the proposed solution. Problem Observation According to Kellan, the first stage of improving efficiency of any organization is to find the possible areas of weakness (32). Problem observation refers to the process of identifying what the problem is that hinder the ability of the organization to achieve the set goals in the best way possible. At SCA, it was observed that the system is slow in processing various activ ities. Its accuracy was also compromised in some instances because of the overreliance on manual systems instead of having a digitized system. It was also evident that the authority has a large team of employees to undertake various tasks that can be simplified by the use of a digitized system. It was evident that the management had made some steps towards ensuring that its systems are automated. However, this was only at the initial stages of digitization because a number of tasks were still done manually. Problem Definition According to Hassan and Mahlknecht, after observing the problem, the next step is to define it in very clear terms that can facilitate its solution (67). The problem that SCA is faced with is its inability to digitize its system. The firm is still using labor-extensive process in its major operational activities. This approach of operation is slowing its operations and reducing its efficiency. This impairs its ability to execute its mandate as the regulator of the securities market in the United Arab Emirates. The management of this firm is aware of this issue and that is why attempts have been made to come out of this old system. However, it has been difficult to achieve success in the previous transition attempts. One of the issues that the management has raised is the limited budget that makes it almost impossible to undertake developmental projects. This has forced the management to continue using the labor-intensive strategy. Idea Generation After identifying and defining a problem that is affecting efficiency of a firm, the next important stage is idea generation. This involves coming up with a possible solution that can be used to address the problem. In this context, the idea must successfully enable this firm to go digital in its operations.Advertising We will write a custom essay sample on The Securities and Commodities Authority (SCA) specifically for you for only $16.05 $11/page Learn More Accordi ng to Vogel, many securities and commodities markets have embraced a digital approach in managing their operations (62). It is strongly suggested that this firm should embrace benchmarking as a way of solving this problem. This will involve identifying the best practices in similar firms, especially in the United States and parts of Europe. In benchmarking, Securities and Commodities Authority will try to align its operational strategies with that of other players which are more successful in their countries. Idea Synthesis The next step will involve synthesis of the idea in order to find a way in which it can be implemented. Once the desired benchmarks have been identified, the management will need to find a way in which it can fit into the local context. The management will need to involve a team of experts to help in understanding of the new concept. The expert will explain the idea to the relevant stakeholders and why it can help in addressing the challenges that this firm is fa cing. According to Kellan, when introducing new ideas, it is always common to find that most of the stakeholders do not understand it (71). For instance, if this organization picks on the best practices of similar firms in Europe, the relevant stakeholders will need to be informed about the intended change, how it will address the current problems, and ways through which it will be implemented without causing havoc in the normal operations of the organization. At this stage, all the stakeholders get to ask relevant questions that will make them understand the new concept better. In this case, they will need to understand why Securities and Commodities Authority is emulating practices common in the New York or London. Idea Evaluation When the new concept has been explained to the stakeholders, then idea evaluation will be the next important activity. Idea evaluation will involve assessing the practicality of the idea under the local environmental forces, and challenges that may be fa ced, including how such challenges will be managed. The idea of benchmarking may be very appropriate in enabling this firm to go digital. However, care must be taken to ensure that the borrowed system of operation fits into the local context in the United Arab Emirates in the best way possible. It will be necessary to ensure that all the relevant stakeholders are comfortable with the new system and that it meets their expectations in the best way possible. Sometimes it may be necessary to modify the borrowed system to make it work appropriately based on the local forces. The management of this authority will have to make wide consultations with the stakeholders during the evaluation process to ensure that all their concerns are put into consideration before the implementation stage.Advertising Looking for essay on public administration? Let's see if we can help you! Get your first paper with 15% OFF Learn More Solution Implementation The proposed solution, as discussed above, will be for this firm to emulate best practices of similar organizations that have been successful in other parts of the world. After the process of idea screening has been done successfully and all the stakeholders are convinced that the proposed solution will help solve the current problem, the next process will be implementation of the idea. The management will have to undertake the challenging task of convincing the government to award it an extra budget that will specifically be used in implementing this project. If necessary, SCA may need to hire specialists to help in the transition process. The process of implementation should be gradual to ensure that everyone is brought on board without any serious disruptions of the organization’s activities. Discussion Migration into a digital platform may be a simple process that may only need finances for the management of Securities and Commodities Authority to implement. However, the proposed solution goes beyond a simple move to the digital platform. It focuses on the need for this firm to embrace best practices as it goes into the digital platform. It emphasizes on monitoring strategies employed by similar organizations in the developed countries and borrowing from them when developing local strategies. The following are some of the issues that will be emphasized when implementing the proposed solution for this firm. Protection Securities and commodities exchange has a mandate to protect interest of the investors from unscrupulous traders who may want to take advantage of them unfairly. Protection in this context means that they system must be watertight in terms of identifying malpractices in the securities market. The stakeholders will expect the system to offer them more protection than what is offered by the current system. According to Hassan and Lewis, the New York Securities Exchange has the best case studies about unfair busines s practices that SCA should be able to detect after implementing the proposed solutions (45). The Lehman was once one of the best companies in the United States to work for and in terms of profitability. The management strategies of the firm thrilled many investors who trusted it with their money. When this firm started experiencing challenges, the top managers manipulated figures that misled the investors. They did not realize that the value of their investment was depreciating at unprecedented rates. When the truth emerged, most of them had lost over 95% of their investments. SCA must use its new system to protect investors from such malpractices. Value preposition The new system promises to offer superior value to all the stakeholders who rely on its services in one way or the other. First, the use of technology promises to speed up operations of this authority. Services will be delivered within a shorter period compared to what is happening with the current system. The new syste m also promises a greater efficiency in service delivery. The current system is too manual and this may compromise the quality delivered to various stakeholders. With the new system put in place, it will be possible to achieve maximum quality of services that are needed by various parties, including the government. The new system also promises the stakeholders easy access to information. Migration into the digital platform means that all the relevant stakeholders will be able to access data they need digitally. The long tiring queues that have been common at the offices of this authority shall be eliminated. Instead, the stakeholders will be offered opportunity to get these services easily in an online platform. Cases of fraud will also be minimized as much as possible. Team To achieve the intended success with the new system, it will be necessary for all the stakeholders to work as a team. Every team member has specific roles that they should undertake to achieve the intended succe ss. The government, as the sole sponsor of this authority, has the responsibility of approving the new system and fully funding it. The government stands to benefit if this new system becomes successful because cases of firms filing wrong returns to evade tax will be eliminated. Individual firms will need to participate in the evaluation and implementation of the new system to ensure that it works as per their expectations. The management of the firm and its entire team of employees are expected to be involved in the entire process of coming up with and implementing the solution. Sources of finance Securities and Commodities Authority is prohibited by law to engage in for-profit business ventures because this may bring a conflict of interest. It means that the only source of income for this authority is the federal government of the United Arab Emirates. Stakeholder analysis As explained in the section above, there are specific stakeholders who are interested in this new solution th at has been proposed for this firm. The federal government of the United Arab Emirates is the first stakeholder interested in the new system proposed for SCA. It is the sponsor of this firm and is keen on improving its efficiency in the market. Individuals and firms operating in the capital market are also important stakeholders who would want to see this authority operating efficiently in meeting their various needs. The entire workforce of this firm forms the third category of stakeholders who want to see this authority become efficient in service delivery. Works Cited Hassan, Kabir, and Mervyn Lewis. Handbook on Islam and Economic Life. London: McMillan, 2014. Print. Hassan, Kabir, and Michael Mahlknecht. Islamic Capital Markets: Products and Strategies. Chichester: Wiley, 2011. Print. Kellan, Moses. Integrating Idea Generation and Idea Evaluation in the Study of Group Creativity: Effects of Different Group Procedures on Brainstorming Effectiveness and Group Satisfaction. New Yor k: Springer, 2006. Print. Lager, Thomas. Managing Process Innovation: From Idea Generation to Implementation. London: Imperial College Press, 2010. Print. Terterov, Marat. Doing Business with the United Arab Emirates. London: GMB, 2006. Print. Vogel, Thomas. Breakthrough Thinking: A Guide to Creative Thinking and Idea Generation. Cincinnati: How Books, 2014. Print. This essay on The Securities and Commodities Authority (SCA) was written and submitted by user Mikaela Patrick to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.