THE NURSES' RESPONSABILITY IN THE PREVENTION OF MEDICAL ERRORS Essay

THE NURSES' RESPONSABILITY IN THE PREVENTION OF MEDICAL ERRORS - Essay Example It identifies the six major medication administration rights that need to be observed during patient care. The study draws close attention to the health care provided by nurses as regards to patient safety with key measures being the errors and their frequency of occurrence. The implication of this study therefore is to sensitize the health care providers on the medication administration rights and how to apply them to reduce medication errors. A medication error is any event which is preventable that may lead to improper medication use or patient injury while the medication is in the control of a health care professional, consumer or patient. Under the state laws, injury to a patient that arises as a consequence of negligence or medical malpractice, results in a tort (Cima et al, 2012). This is punishable under a court of law. Medication errors may be related to professional practice, health care products, systems and procedure. Poor drug prescription including order communication, labeling of drugs, nomenclature, compounding, dispensing, administration and use are among the major medication errors. Therefore, there should be minimal or no room at all for errors especially human that may lead to injury of any form on a patient. There are nursing guidelines that govern nurses to help them prevent medication errors (Sherwood, 2012. ... In this regard, the nurses need to properly understand the six major medical administration rights during patient care. In simple terms, it is an attempt at improving safety at this point of care. This is especially for the vulnerable population such as the elderly in the society or the infants and children. Nurses are required to strictly observe the rights of medical administration. This is part of the many intervention aspects of nursing that help to reduce medical related errors. The various medical administration rights that should be adhered to are as discussed below; Right patient At times, busy hospitals and emergency centers can innocently misrepresent the identity of a patient either through the manual processes used or overlooked while under pressure. Therefore nurses should take proper records of a patient such as the names age and where from to act as identifiers. With the advancement in technology, the use of a bar-code system can be helpful in preventing probable medic ation errors. For example, a patient suffered injury as a result of being administered with a different patient’s prescription for blood thinner warfarin. The patient developed serious hemorrhage Right drug It is not possible for every nurse to know the drug facts for each drug and particular patients therefore it is advisable for every nurse to be knowledgeable about the drugs being administered to a patient. It is only professional and competent for a nurse to look up for more drug information in unfamiliar instances before administering a drug on a patient. It is the right of the patient to receive the right information on a medication, a right to receive correct medication and a nurse having knowledge on the medication they are providing. to prevent errors it is

International Business Entity of Gap Inc Assignment

International Business Entity of Gap Inc - Assignment Example Almost 12.4 % of all business establishments in US are involved in the retail industry and the gross margin of the industry is between 31% and 33%. There is stiff competition in the retail industry and this has seen the sales of Gap Inc drop significantly. Apart from the drop in sales, the company has also been experiencing a decrease in the number of customers. This prompted the company to explore strategies of improving on their sales. The company adopted some measures such as markdowns, aggressive promotion and product campaigns among others. This has caused a recent improvement in the sales of the company though slight. A financial analysis of Gap Inc is critical at this time to determine the financial soundness of the company. Financial analysis is the process of selecting, evaluating and interpreting information from the financial statements of a company in order to obtain information for decision-making. Financial statements have to be interpreted in order to make sense to dec ision makers in the firm. Financial analysis makes sense out of the financial statements and this enables decision-making. Financial statement analysis is therefore a very important tool for the success and growth of an organization. It provides information for decision making either outside or inside the organization. The main tool used to carry out financial analysis is the ratio analysis. ...data include the press releases about the economy or industry performance and economic data such as the gross domestic product (Block & Geoffrey, 2009). It is important for the financial analyst to make a careful selection of relevant data for analysis. All data must be obtained before beginning the process. There are numerous financial ratios. A ratio is an expression of quantitative relationship between elements (Helfert, 2001). Financial ratios are classified into various categories such as liquidity ratios, profitability ratios and activity ratios among others. These ratios are classified based on the information they provide for decision makers of the company. Gap Inc. Mission The mission statement of Gap Inc. is that the firm never stops moving. The firm takes many talented, passionate and dedicated workers across the world to deliver the products of the firm and enable customers have their expected and wonderful shopping experience. Financial Ratio Analysis 1. Ratios measuring the Liquidity of Gap Inc. The ratios are vital for the operations of the firm since they help in determination of the ability of the corporation from meeting its daily operations. Gap Inc. is expected to have high liquidity in order to assure its stakeholders of continued operations. Therefore, high liquidity ratios are favorable for the corporation. These assets are also known as liquid assets and they include cash, bank deposits, stock, and notes receivable among others (Vance, 2002). a) Current ratio Current ratio is the ratio of current assets to current liabilities and it is an indicat or of the ability of a company to meet current liabilities using current assets.