Case Study Mgm Grand Faces - 1282 Words

Possible Solutions Financially, MGM has not been affected by the incidents experienced in the past with fire safety, a build-up of negative perception of MGM Grand will eventually harm the company. A short-term recommendation has been developed that, when implemented, will not be able to make up for the losses that have occurred, but will help ease the consumer’s minds and perceptions of MGM Grand. A separate long-term recommendation will be presented to help solve the ethical dilemmas that MGM Grand faces. The following recommendations will be implemented through a top-down approach, starting with James J. Murren, the Director, Chairman and Chief Executive Officer for MGM Resort International. The recommendations will then work their way down the executive parties by branching off into each subsidiary branch and their individual human resource structures getting to Robert H Baldwin, chief design of construction officer, then lastly Rose McKinney- James, director of policy in public affairs. MGM Grand and International will then take the necessary steps to implement the recommendations to each of the brands that make up MGM. Crisis Management Teams A recommendations is the implementation of a Crisis Management Program. MGM Grand did not do everything in their power to handle the situation when incidents, such as the fire of 1980 occurred. Have they had more preparation set forth by MGM Grand crisis management, the situation may have not escalated to the stature that itShow MoreRelatedEssay Mgm Resorts International Case Study8629 Words   |  35 PagesCase Study: MGM Resorts International 27 February 2013 Table of Contents Key Dates and General History 3-5 Environmental Analysis 5-7 Porter Analysis 7-9 Marketing Strategy 9-12 Competitor Analysis (SWOT) 12-18 Company Analysis (SWOT) 18-20 Financial Analysis 21-22 Future Trends 22-23 Recommendations 23-25 ConclusionRead MoreMgm Mirage Case Study3781 Words   |  16 PagesMGM Mirage Introduction of the Company MGM Mirage is one of the largest gaming industries in the United States and specifically Las Vegas, Nevada. The two people responsible for the start of this empire are Kirk Kerkorian and Steven Wynn. Kirk Kerkorian opened up the first MGM Grand in Las Vegas, Nevada in 1973. 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When Mark Cuban purchased the Dallas Mavericks on January 14, 2000, the face of the organization began to change immediately. Once again Mavericks games had a party atmosphere as Reunion Arena rocked with the return of the Reunion Rowdies. Mavericks games became more than just ordinary NBA games - they were a total entertainmentRead MoreMark Cuban Bio1892 Words   |  8 Pagesenthusiastic attitude, he is just one of the fans. Cuban is an enthusiastic NBA owner who, instead of being a faceless front-office type, is his teams biggest and most vocal fan. When Mark Cuban purchased the Dallas Mavericks on January 14, 2000, the face of the organization began to change immediately. Once again Mavericks games had a party atmosphere as Reunion Arena rocked with the return of the Reunion Rowdies. Mavericks games became more than just ordinary NBA games - they were a total entertainmentRead MoreCasino Industry Strategy Case Study Essay6573 Words   |  27 Pagesmillion a year in that country. 3. 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Grant At the press conference announcing Euro Disneyland SCA’s financial results for the year ended September 30, 1994, CEO Philippe Bourguignon summed up the year in succinct terms: â€Å"The best thing about 1994 is that it’s over.† In fact, the results for the year were better than many of Euro Disneyland’s long-suffering shareholders had predicted. Although revenues were down 15 percent – the result of falling visitor numbers

Essay about Illusion vs. Reality in Macbeth - 1737 Words

Reality is the state of being real or actual, whereas an illusion is a mental misinterpretation of what is believed to be true. Illusions often prevent people from perceiving reality and objective truths, which consequently results in delusions, and in some cases, tragedies. In Macbeth, a play written by William Shakespeare, the theme of illusion versus reality is overtly evident in the main character, Macbeth. Macbeth frequently misinterprets illusions as the actual reality due to possessing such an untamed ambition, which ultimately ends up resulting in a series of tragic and horrific events, for Macbeth and his victims. Macbeth’s ambition first leads him into believing that he is destined to become King of Scotland, which results in†¦show more content†¦If good, why do I yield to that suggestion Whose horrid image doth unfix my hair And make my seated heart knock at my ribs, Against the use of nature? Present fears Are less than horrible imaginings.† (I, iii, 137-142). Macbeth subconsciously knows that he may have to kill Duncan in order to pursue the third prophecy, as it is Duncan who is presently king, and the only way for Macbeth to obtain Duncan’s title is if Duncan were to die and lose his title. In this scenario, Macbeth has thoughts of himself being the cause of Duncan’s death, in order to have Duncan’s title passed on to him. Macbeth is soon outraged to discover that Duncan has announced his son Malcolm as the future King of Scotland, Prince of Cumberland, as Malcolm now stands in his way of pursuing the actualization of the third prophecy. When Lady Macbeth receives news of the witches’ three prophecies and the fulfillment of the second prophecy, the enormity of her ambition to make Macbeth become King of Scotland leads her into plotting out the murder of Duncan. When Macbeth hears of Lady Macbeth’s plans to kill Duncan, he is at first unwilling to go through such horrific and drastic measures in ord er to obtain a royal title. 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Business Ethics Drug or Medical Device

Questions: Section A Read the following news item and answer the questions: 1. Suppose that Medtronic did promote the off-label use of its products as alleged by Lew. What are the main ethical issues raised by the promotion of its products for unapproved uses? Do you think that such practices are morally permissible or unethical? Provide detailed reasons to support your conclusions.2. Lawyers for UCLA claim that both Lew and Weiss were made aware of the nature and risks of the surgery and that they both signed consent forms to this effect. Does this absolve the surgeons and/or Medtronic of moral responsibility for the harms caused to Lew and Weiss as a result of the surgery? Why/Why not?3. In the US it is illegal to promote off-label use of products. Would it make a difference to your assessment of the case if such activities were not against the law? Why/Why not? Section B Watch or read the transcript of the following program and answer the questions: 4. Do large food and beverage companies have any moral obligation or responsibility to consider the consequences for public health of marketing and distributing certain kinds of food and drink products? Why/Why not? Answer this question using examples from the documentary to support your conclusions. 5. The program describes a range of marketing techniques used by food and beverage companies in different countries: the marketing of soft drinks to schools in Mexico; the door to door selling of snack foods fortified with micronutrients and marketed to low income families in Brazil; a snack food boat that visits small villages along the Amazon to promote and sell food and drinks. Do you find any of these marketing techniques morally problematic? Explain in each case, why or why not. Section C 6. Compare your responses to the two cases. Do you apply the same principles and standards of conduct to medical device companies as you do to food and beverage companies? What are the morally relevant differences/similarities between the two cases? Answers: Section A 1. When a drug or medical device is used on a category of person on whom it has not yet been authorized to be used, it is known as off label use of drug. The off-label use of drug is not always illegal unless such use is accompanied with violation of ethical codes and safety regulations for the public. The promotion of off level use of drugs by a drug manufacturing company is illegal and unethical. This is not permitted even if the use of that drug is backed by scientific reasons. The use of off label drug by a doctor can be allowed in certain circumstances but the promotion of these drugs can lead to encouragement of doctors to use off label drugs on unapproved patients. Such activities are completely unethical because, if the company offers benefits to the doctors against the promotion of off label drugs the doctors will be tempted to use them more frequently and sometimes unnecessarily (Tetsuro , 2015). 2. According to the claim of UCLA, the victims Lew and Weiss were made aware of the risks involved in the surgery (Times, 2016). This information or awareness does not by any chance remove the liability of Dr. Wang to conduct the surgery with utmost care and diligence. The victims had laid their trust in the hospital and the doctor and it is their moral duty to live up to their expectations and do operate without thinking about any personal gains which may have the slightest chance of causing harm to the victims. The $10000 accepted by Dr. Wang given by Medtronic caused a conflict of interest and may have caused the doctor to use the off-label medical device on the victims, which ultimately caused harm to them. 3. The United States of America has made it illegal for medical companies to promote off-label drugs. In many countries, this provision is not available and the companies are actually not barred for promoting off-label drugs if their use is not harmful in nature. Whether these activities are illegal or not is a different question. Even if they are legal, the promotion of off-label drugs cannot be ethical. This type of promotion can make the doctors greedy and they will not do their duty with diligence. This will tempt them to use the off-label drug by the company even when it is not needed so that it increases the sale. This type of unapproved drug use can lead to serious health issues among patients. Section B 4. The market of modern food and beverages industries is growing at a very rapid rate but at the cost of serious health issues to its consumers. Statistics show that the percentage of obese people around the world is increasing day by day. Product such as carbonated soft drinks, fried snacks and other fast food items are very dense in calories and low on their nutritional value. These products when consumed lead to gradual weigh gain and which eventually results in obesity. Not only obesity these foods also cause serious problems like obesity, heart diseases and even cancer. As per the provided documentary Fabiana Gomes has a body mass index of 50.5, which is way above the normal range of 25. She has gained all the weight because of ever eating and now is finding it difficult to get it off even with the help of diets and exercise (Globesity, 2016) These companies have the moral obligation mention the adverse effects of their products like the tobacco and alcohol companies do. These companies should also take the initiative to spread the awareness about the ill effects of over consuming their product. 5. The marketing strategies used by these companies towards the sale of their products have changed in the recent years. Now the companies are using strategies such as door-to-door selling, food boats and selling products in school. These products have very little or no micronutrients and are low in cost. The company has a moral duty of prohibiting the occurrence of serious health issues in its consumers. By using these marketing strategies to increase their sales are resulting in the over consumption of these products by the people which is ultimately leading to diseases like diabetes, cardiac issues, obesity and cancer (Morgen Srensen, 2014). 6. In the first case, the mistake of the doctor can cause instant fatality so it needs to be handled with utmost care as compared to the second case where changes in marketing strategies are the main concern. In the first case, the doctors have a promise towards their patients that they will do their duty with utmost care towards them. They also have the responsibility to remain loyal to their patients and not let any personal benefit become an obstruction in doing their duties with care. In the latter case, the food and beverages companies have the moral responsibility to provide utility to its consumers as well as to prevent any harm to their health in relation to their products consumed by them. Bibliography: Globesity - Fat's New Frontier - Foreign Correspondent - ABC. (2016). Abc.net.au. Retrieved 5 November 2016, from https://www.abc.net.au/foreign/content/2012/s3547707.htm Moodie, R., Stuckler, D., Monteiro, C., Sheron, N., Neal, B., Thamarangsi, T., ... Lancet NCD Action Group. (2013). Profits and pandemics: prevention of harmful effects of tobacco, alcohol, and ultra-processed food and drink industries.The Lancet,381(9867), 670-679. Morgen, C. S., Srensen, T. I. (2014). Obesity: global trends in the prevalence of overweight and obesity.Nature Reviews Endocrinology,10(9), 513-514. Neville, K. A., Frattarelli, D. A., Galinkin, J. L., Green, T. P., Johnson, T. D., Paul, I. M., Van Den Anker, J. N. (2014). Off-label use of drugs in children.Pediatrics,133(3), 563-567. Tetsuro, H. I. R. A. N. O. (2015). A Structure of Doctor?s Civil Liabilities: In Search of a Contract-based Uniformed Legal Framework Best Serving Both Doctors and Patients. Times, L. (2016). Regents OK $8.5 million for 2 patients suing over financial conflicts at UCLA. latimes.com. Retrieved 5 November 2016, from https://www.latimes.com/business/la-fi-ucla-wang-medtronics-20160729-snap-story.html

title IX Essays (1732 words) - 92nd United States Congress

Twenty-five years have passed, but the celebration is no victory party. For all the progress women have made, they are still far behind the men on the playing field. A vast number of colleges and universities are still not in compliance with Title IX, which prohibits sex discrimination at any educational institution that receives Federal funds. Title IX applies to all educational programs, although it has become the standard-bearer for women?s athletics. The following words lie at the heart of what is perhaps the most controversial and most important rules in all college athletics- Title IX states, ?No person in the United States shall, on the basis of sex, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any educational program or activity receiving Federal financial assistance,? was signed into law as part of the Education Amendments of 1972. Since most schools and universities receive some financial assistance through title or chapter funds, research grants, or Pell grant financial aid programs, they must comply with the mandates of the law. After more than 25 years, one would assume that all educational institutions would have had sufficient time to address inequities of opportunity and treatment within their athletic programs. However, with an estimated 93% of colleges still out of compliance in at least one of the three components mandated by the law, it is obvious that there remains a long road ahead before equity is achieved. So what exactly are these components (W.I.N.N., 66). Title IX is composed of three separate components: I-Accommodation of Interests and Abilities; II-Athletic Financial Assistance: Scholarships; and m-Other Program Areas: Treatment. Currently, Component II pertains to higher education, but with various governmental bodies considering tuition credits, it could apply to secondary schools as well. The three components are evaluated separately, with an independent decision reached for each one. Thus, even though a school might be in compliance with two of the three, it still is considered to be out of compliance. The Components are explained: Component I. Most lawsuits result from challenges to Component I, whereby an educational institution must meet the requirements in one of three different tests. Prong one, the proportionality test, indicates that athletic participation rates must be within five percent of the enrollment for that sex. Since most schools and universities do not meet that standard , they could satisfy Prong two, provided they can show a history and continued practiced of program for the underrepresented sex by adding teams within the past three years. Failing to meet one of the first two prongs, an institution may demonstrate compliance by showing that it fully and effectively has accommodated the interests of the underrepresented sex. This would require that every team be offered for which there is sufficient interest and ability, as long as there exists a reasonable expectation of competition within the institution?s typical competitive region. Surveying students and the availability of feeder programs seen in community-based recreational leagues, intramural sports, and elective physical education offerings are used to assess interest. Male?s and female?s abilities are accommodated equitably when the percentage of appropriate level contests does not differ by more than five percent. Component II. Athletic scholarship dollars need to be proportional in relationship to the percentage of male and female athletes. Furthermore, no significant difference should exist in the amount of the average scholarship when comparing male and female athletes. Component III. The third component, Other Programs Areas, dubbed the ?laundry list,? is comprised of 11 separate treatment aspects. While parallel teams are compared (SB-vs-BB, etc.), the compliance decision is based upon a comparison of the entire women?s program with the total men?s program. This permits flexibility, allowing schools to ?showcase? different sports for men and women or offer superior treatment in one area for, say, a male sport, offset by a reduction in quality in a different sport for men. Examples of the 11 program area: A) Equipment and Supplies; B) Game and Practice Schedules; C) Publicity; D) Facilities; E) Coaching; F) Travel and Per Diem, etc. (Lichtman, 63) A number of arguments have been made against equality of men?s and women?s sports. 1) Equity will ruin men?s sports. The law?s purpose is to