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Comparison between two retail companies picked are Walmart and Costco

The two retail companies picked are Walmart and Costco whose 2017 Financial statement links are provided below: WALMART https://www.nasdaq.com/symbol/ wmt/financials?query=income- statement COSTCO https://www.nasdaq.com/symbol/ cost/financials?query=income- statement Both organizations are well known brands and position themselves well with their customer base. Walmart’s value proposition is “We save people money so they can live better”. On the other hand, Costco’s value proposition is “All-in-one convenience and everyday affordability”. Both retailers focus on cost saving for their customers. Looking at their financial statements and by analyzing them a few key areas are evident when comparing the two organization. Looking at the current ratio and quick ratio we can determine the short-term solvency of each organization. The current ratio can be determined by dividing the assets by the liabilities. Walmart’s current ratio sits at 0.86 while Costco’s sits at 0.99. The quick ratio is c...

Whopping Compensation of Rs1 Cr. for Medical Negligence

In a landmark judgment the Supreme Court of India has directed Nizam’s Institute of Medical Science, Hyderabad to pay Rs one crore or INR 10 millions for carrying out wrong surgery on Mr. Prasant S Dhananka decades ago. Mr. Dhananka underwent an operation that turned him paralyzed for life at the age of 19. It is only his spirit of perseverance that he fought the compensation case for more than 15 years and finally got the order from the Supreme Course. Though earlier he was awarded compensation of Rs 15 lakh by National Consumer Court but he decided to proceed further claiming compensation amount Rs 7 crores. The Supreme Court fixed the amount of compensation of Rs 1 Crore, first time ever in the history of consumer compensation in India. In fact amount of compensation is reached, in case of medical negligence, considering the age, potentiality and value of lost opportunities in victim’s life. But the Supreme Court in year 2000 expressed its views while giving verdict in “Charan Sing...

Long life without Sweetness!

Life without sweet or chocolates is unthinkable to many of us. Of course persons who are diabetics; are forced to quit sweet meats or chocolates, take coffee or tea without sugar. But they too can sweet when their sugar level is low in blood. Though it is established fact that sweet or sugar has nothing to do with diabetes mellitus for its initiation in our body. Once you get it, sugar aggravates it; so going very low with sugar or sweet is advised. But now recent news may encourage many to quit sweet voluntarily forever. The oldest lady of world ( so far known), Sakhan dosova born on 27 th March 1879 in Karaganda, Kazakhstan died due to slips in toilet of her flat which was gifted by authority considering her woeful living standard at the age of 130! This has been reported by Daily Mirror on 11th May 09. What is interesting to note that she never took pill for any ailment in her life and neither took sweet ever! In last march she is reported to have told this secret in an interview a...

A Joke "you know your client better than I do!"

Here goes a joke, that I received just a short while ago from my friend Arun; I think I share it with my readers; An Officer stops a driver for running a red light. The guy is a real jerk and comes running back to the officer, demanding to know why he is being harassed by the Gestapo! So the officer calmly tells him of the red light violation.. The driver instantly goes on a tirade, questioning the officer's ancestry, sexual orientation, etc., in rather explicit terms. The tirade goes on without the officer saying anything. When he gets done with writing the ticket, he puts an "AH" in the lower right corner of the narrative portion of the ticket. He then hands it to the "Violator" for his signature. The guy signs the ticket angrily, and when presented with his copy points to the "AH" and demands to know what it stands for. The Mountie says, "That's so when we go to court, I'll remember that you're an Ass..ole!" Two months later ...

Never Play with Women -- A Joke!

This piece of joke I received now as I opened my mail box.Though why not to share it ! NEVER PLAY WITH WOMEN The FBI had an opening for an assassin. After all the background checks, interviews, and testing were done, there were 3 finalists. Two men and a woman: For the final test, the FBI agents took one of the men to a large metal door and handed him a gun. We must know that you will follow your instructions no matter what the circumstances. Inside the room you will find your wife sitting in a chair. Kill Her! The man said, 'you can't be serious, I could never shoot my wife.’ The agent said, 'Then you're not the right man for this job. Take your wife and go home.' The second man was given the same instructions. He took the gun and went into the room. All was quiet for about 5 minutes. The man came out with tears in his eyes, 'I tried, but I can't kill my wife.' The agent said, 'You don't have what it takes. Take your wife and go home.' ...

A reassuring poem !

Someone mailed me a poem, it is so assuring, I thought to share with you. In fact, gone are the days, full of leisurely hours, when we could visit a pub regularly or a point where friends met. The modern times ( having been drifted further from the way Chaplin portrayed in his famous film)hardly spare us to meet and seek assurance or share our joy and sorrow. Now, read the poem, I hope it is reassuring : You are never alone, I am always near, When your troubled, down or blue. All you have to do is call me, I am always here for you. It does not matter where I am at, It does not matter when. When you need someone to talk to, I am here to be your friend. If you need someone to hold your hand, or a hug to say I care. If you need a shoulder to cry on, for you I will be there. So never think you are a burden, when the weight gets to be to much. You might find if look hard enough, a good friend could be the right touch. You are never alone, I am always here, through the good times and the bad...

Diabetes Type 2: Nursing case study Part -II

Continued from part - I............... Identification of diabetes mellitus type 2 Unlike diabetes type 1, where the problem in the metabolic system with insulin production, in case of diabetes type 2, it is the response to insulin by body cells what is defective. It may go undetected for years, since the symptoms are sporadic and not acute. However, it may prove fatal if not managed properly. The major factors contributing to this problem are (Robbins & Cotran, 2004). • Higher level of hepatic glucose production. • Reduction of insulin-mediated transport of glucose to adipose tissue and primary muscles. • Beta-cell malfunction. The early detection of the disease helps to manage it better. There are some symptoms identified with diabetes like increased thirst, more urination, recurrent infection, weight loss and tiredness. The World Health Organization defined diabetes as raised glucose level in blood on two occasions. On fasting the level of glucose in blood should be > 7.0 ...

Diabetes Type 2: Nursing case study

The following study or observation was carried out during my service with a leading hospital and research centre in the suburb of Mumbai. It had a day clinic and with 50 bedded general ward for patients suffering from various illness but not infectious. A section of the ward comprising 5 beds was earmarked for patients suffering from acute diabetes or problems related to it. Though usually there were one among ten patients were diagnosed with diabetes. I have been working as a stuff nurse in that hospital or facility. I was surprised to find patients of all age group suffering from diabetes. They specially visited the day clinic for check up or advices but some acute cases were admitted in the hospital for further care and investigation seeking the extent of damage the disease caused. Many of them were diagnosed with other ailments caused by diabetes being unchecked due to lack of client’s awareness. So I felt the patients of diabetes need more awareness to check or control the pr...