Observation and Reaction assignment Essay Example | Topics and Well Written Essays - 250 words

Observation and Reaction assignment - Essay Example He found that discounting was the future of retail. This strategy led to the success of his business. Relating it to nursing, in order to gain positive patient outcomes, nurses and practitioners must be able to make strategic decisions that prove to be beneficial for patients in the long run (Sare & Ogilvie, 2010). Walton held the view that one should go the opposite way of the conventional methods to be successful. This strategy can be applied to gain patient outcomes by ignoring the traditional ways of dealing with patients and treating them the way others are not following, to make a unique niche. This will attract more patients, and will also improve the quality of health care. For example, under situations when nurses have to deal with drug addicts, they should focus more on their psychotherapy rather than traditional medicines. To conclude, Sam Walton’s leadership style and competencies should be applied in the field of nursing to gain quality patient outcomes. Nurses can use Walton’s strategic planning to improve the quality of services. They are also suggested to use Walton’s nontraditional style for treating

Strategic Analysis Research Paper Example | Topics and Well Written Essays - 3000 words

Strategic Analysis - Research Paper Example The Gulf Region consists of six distinct member countries say Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (International Monetary Fund, 2003). The challenges experienced regarding tools and techniques used for the purpose of evaluation will also be analysed critically. PEST Analysis is a Strategic Management device used for scanning environmental variables in macro level of an economy to examine business prospects of a new organization in the economy or to understand the political, economic, social and technological factors that may influence business operations of an organization (Cullen, 2011). Apart from its stable business in the UK, Costa Coffee has expanded its business in emerging nations such as China, India, Pakistan as well as countries in Gulf Region. In this discussion, how the macroeconomic variables prevailing in the Gulf Region influence the operations of Costa Coffee will be evaluated. Political environment of Gulf Region works towards developing coordination, integration and inter connection among the member countries. Gulf Cooperation Council (GCC) is the regional intergovernmental body for controlling the economic and political matters arising out of those six countries (Enz, 2009). Hence, uniformity in trade regulations and tax structure can be experienced as a result of strict monitoring and control of GCC which helps foreign companies like Costa Coffee to expand their business in this region. In the post reform period, Government has taken the initiative to reduce the direct, indirect and corporate taxation to a great extent. Replacing the old tax structure with modern tax laws have resulted in severe cut down of tax rates from as high as 55% in Kuwait to as low as 10% in Qatar. Corporate tax has also been range bounded between 10% and 20%. Such enhanced fiscal policy taken by Gulf Countries,