Obamas health-care law still faces challenges after presidents Essay

Obamas health-care law still faces challenges after presidents reelection - Essay Example This is by imposing fines to those who do not take the health insurance cover. It further proposes that the state shall pay for all who are poor and for those who are elderly and are below the poverty line. This law also permits the state to fund abortion to reduce deaths caused by abortion. Despite the aims by president Obama to ensure that all American citizens have health insurance cover, Obama’s bill has received a fair share of criticism from all sectors. The first challenge on PPCA comes from Supreme Court as it termed Obamacare unconstitutional. This is because Obamacare go against the commercial clause. The Supreme Court termed the law void and null, as it was unconstitutional to compel anyone to take the health insurance cover. The other group that opposes this law is the Association of the American physicians and Surgeons (AAPS), who claim that the laws have less importance to the health care sector in general. They further claim that the law will prove expensive and costly in the end this is because of providing free care to those who are less fortunate. The quality of the health care will also reduce since free market system is not free to operate. Another group that opposes obamacare is the Congressional Budget Officers (CBO) (Dan, 2012). CBO claims that the law will become a burden to many citizens; since many citizens are yet take the health insurance cover, hence this will make access to health care to be difficult. The fi nes imposed to those who have not taken the health insurance cover will prove to be a financial burden to many citizens. This law is suitable for the American people. This is because it aims at preventing death to all American citizens. This is because if all citizens get the health insurance cover then there is reduction in cases of people dying because of lack of access to quality healthcare. The law will also ensure that all employers secure medical insurance cover for

Strategic Management and Business Policy Essay Example | Topics and Well Written Essays - 1000 words

Strategic Management and Business Policy - Essay Example In 1995 Fortune magazine began to include service companies in its Fortune 500 list and by doing so Wal-Mart entered in at a ranking of fourth. Since then the company has remained on the list, climbing the ranks until it reached number one in 2002, where it remains today, with a growth rate of about 15%. "The revenues reflect domestic and international expansion and an increase in same store sales. Net income also benefited from reduced inventory shrinkage, improved merchandising, and a decrease in interest costs of capital leases." (Reuters) Wal-Mart does not formally spend time and resources on developing a corporate mission statement. Nor do they commit resources to research and development. The company follows a 'down home' approach to business woven into the corporate culture by its founder, Sam Walton. His approach to business was personal, with a high amount of resources devoted to community relationship. The retail giant has settled on the market segment which looks for low prices as the most important factor influencing the buying decision. The result is that Wal-Mart is perceived as a friendly place to purchase goods at low prices. This marketing approach has served the retail giant well. The corporation has a board which consists of internal membe... The internal members are concerned with the day to day of the organization, and the external members can take a wider view of the company's overall image, and influence in the community it serves. This approach to ongoing corporate governance keeps the organization grounded to the community, and allows it to function without the formal mission statement. The board serves as a rudder in the crosscurrents of today's business environment. III. External Environment. Wal-Mart employs a Buy American program, and stocks its shelves with many American goods. Wal-Mart has gained a lot of popularity through this program, and many Americans applaud Wal-Mart for its commitment to domestic manufacturers instead of catering to cheap foreign suppliers. But suppliers have complained that this has shut out non-Americans companies and suppliers from distributing through the Wal-Mart chain. This approach to business carries with it both positive and negative consequences. The company has wide product selection at deep discounts, but a slowing national economy could limit product diversity, as well as price flexibility. The company has a strong position in discount retail market but is not engaged in research and development for future market positioning. Wal-Mart is increasing market share, but faces potential market saturation and decreased profit margin without availing itself of increased product diversity. Within the communities it serves, Wal-Mart provides new jobs, often in rural areas which have limited employment potential. But the consequences of which are that many small businesses are often forced to close as a result of the price competition within a limited market. The unintended results can be development of customer loyalty, or a