Applying the D.E.C.I.D.E Model of Decision Making

This paper explores the legal, ethical and moral issues of three healthcare colleagues by applying the D-E-C-I-D-E model as a foundation of decision making as found in Thompson, Melia, and Boyd (2006). Issues explored will be those of the actions of registered nurse (RN) John, his fiancà © and also registered nurse (RN) Jane and the Director of Nursing (DON) Ms Day. Specific areas for discussion include the five moral frameworks, autonomy, beneficence, Non – maleficence, justice and veracity in relation with each person involved as supported by Arnold and Boggs (2013) and McPherson (2011). An identification and review of the breached code of ethics and the breached code of conduct in reference with the Nursing, Council, and Federation†¦show more content†¦Griffith Tengnah 2010 states: Accountability is a fundamental concept crucial to the protection of the public and individual patients, particularly where they are vulnerable adults or children (p. 2). His actions do however have potential in being considered ethical in regards to all countries being entitled to access equitable resources for healthcare (Nursing et al., 2008). John disregards his responsibility for providing non-harmful care in an appropriate manner whilst trying to practice without a prejudicial attitude. This highly expresses the concern for the health consumer and towards access to quality nursing and health care for all as stated in VS 4. John does not appear to show any moral self-respect or restraint towards his professional practice which is in unity with value statement 5 (Nursing et al., 2008). In disregarding value statement 6 RN John is possibly hindering the health and lives of many people instead of helping them. Introducing medical equipment supposed to be disposed of to assist third world countries has significant risks associated with impacting the health care issues throughout the whole population (Popp et al., 2010). An issues in itself as all healthcare professionals and clients have a moral obligation and right to practice in a safe environment (Nursing et al., 2008). This effect can have risk to patients, for example, by causing harm from infection with hepatitis B, C or HIV

Quantitative Finance Example

Essays on Quantitative Finance Admission/Application Essay Solution 1. = Where C is the price of a call, P the price of a put, K the strike-price of the options, So the price of the stock at time zero, S the price of the stock at maturity, T the time to maturity, and rf the risk free rate. =, So = 91.3162 It is always hard for retail traders to get in the arbitrage, but that does not mean that its principles can’t be used in away to get more of the available trades to expire. Though it is not a strategy but much of a technique you can as well develop a great strategy from it by making currency demand of currency high so that its value can be increased as well. Using the relative value of currencies between their pairs can give you some insight into where the market might be going. c). minimum profit of strategy = strike price of long call – strike price of lower long call + net premium – commission paid = $100 - $4 - $(3% of 95) = $93.15 2. = 100 + -1(C1) + 1(C2) = 0,- C1 + C2 = -100, 100 = C1 + C2 In relation to the result the constructed call option is a long call. 3. b). , = 90)) = 0 + 14.81 = C1 = -30.19. = = C2 = 4050.06 With the equality of the stock prices and the exchange price is different, therefore the payoff diagram will be bear vertical call spread. Solution 2: Assets parameter Portfolio weights Assets Mean Std deviation Initial weight Lower bound Upper bound A 0.3533 0.4573 0.04 0.02 1 B 0.3667 0.4485 0.08 0.02 1 C 0.495 0.38997 0.12 0.5 1 D 0.4833 0.3704 0.15 0.3 1 Assets Assets| A B C D A 1.000 B -1 1.000 C 1 1 1.000 D -1 -1 1 1.000 1. Æ © = SRS, where S is a diagonal matrix for standard deviation. = 0.4896 2. , = = =0.4896  µ - 0.04896 = 0,  µ = = 0.1 b). the most important is the first moment given by: Where,  µn = Rn = = 231.46522E + 0.1EP = 17.4034 , = 231.56522E = The portfolio risk of return is quantified by à °2p in mean-variance analysis, only the first moments are considered in the portfolio model. Investment theory prior to Markowitz considered the maximization of  µp but without à °p The mean portfolio is zero since at time zero the tangency portfolio is absolute zero. 3. X = X = X = 0.2037 F = 0.033 N/B: Notice that variance of the portfolio return depends on three variance terms and six covariance terms. Hence, with four assets there are twice as many covariance terms than variance terms contributing to portfolio variance. Works Cited Day, R. A., and A. L. Underwood. Quantitative analysis. 2d ed. Englewood Cliffs, N.J.: Prentice-Hall, 1967. Print. Quantitative finance. Bristol, UK: Institute of Physics Pub., in association with American Institute of Physics, 2001. Print.

Yolngu Boy free essay sample

Boy Caught in a collision between the modern world of rap, football, street cred and the oldest living culture on earth, Lorrpu, Botj and Milika are three Yolngu teenagers who once shared a childhood dream of becoming great hunters together. But things have changed and their paths are diverging. Botj is walking on the wild side, a lost soul in search of a place to belong. Milika is more interested in football and girls than any of the traditional knowledge he is being taught. Only Lorrpu seems to care about the dream any more. Their paths are diverging, and he is the only one who can see it. When Botj goes too far and ? nds himself on the wrong side of both black and white law, Lorrpu must weigh up his own future against saving his friend. He persuades the boys to trek to Darwin to argue Botj’s case with Dawu, a tribal leader. We will write a custom essay sample on Yolngu Boy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Leaving behind their community, they journey through the unforgiving wilderness of north–east Arnhem Land to Darwin. To survive, Lorrpu, Milika and Botj must draw on the ancient bush knowledge they were taught as boys and, most importantly, the bonds of their friendship. Yolngu Boy is about the search for identity, making the journey from adolescence to adulthood and the implications of belonging to a larger social group, whether it be a culture, a family or a group of friends 1. In what ways are Lorrpu, Milika and Botj’s sense of identity different? Which character do you relate to the most? Why? * Botj is caught in the con? ict between two very different worlds – the world of his traditional culture and the white man’s world – both with their different laws. He is addicted to sniffing petrol. * Lorrpu believes strongly in the traditional ways of his people. He looks forward to his upcoming ‘ceremony’, when he will become a man and ? nd his place in his tribe. He is also troubled by his friend Botj’s abandonment of his tribal beliefs. The only thing Lorrpu believes in as strongly as his tribal culture is his bond of friendship with Milika and Botj. * The in? uences forming these identities have varied since they were young. In the ? lm, we see glimpses into each boy’s past, and insights into the forces that have shaped their development. 2. Australia is a country where children from many different cultures live together. Why can it be particularly dif? ult for adolescents who have grown up in one culture, but live among other cultural traditions, to ? nd their identity? Adolescents who have had an upbringing from another country, with the culture and beliefs they carry may be difficult for them to fit in and blend with the new Australian life. 3. Have you or anyone you know experienced a tension between two cul tures? No 4. What has been the impact on your/their identity? They feel that they need to adopt the new culture and leave behind their own values and custom beliefs. 5. What aspects of adolescence do you see as challenging?