Marketing Plan - 1539 Words

Marketing Plan Final Project Holders Marketing Plan Table of Contents: I. Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ pg 3 A. Key points B. Unique differences II. Environmental Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..pg. 4 A. Marketing environment factors III. SWOT Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.pg. 5 A. Strength B. Weaknesses C. Opportunities D. Threats IV. Marketing Objectives†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦pg. 6 A. Inventory B. Promotion V. Marketing Strategies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..pg. 6-7 A. Target Markets B. Marketing Mix 1. Product 2. Distribution 3. Promotion 4. Pricing VI. Marketing Implementation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦pg. 7 A.†¦show more content†¦Also I have family that also work in the construction field and have the same access to lumber and material as I do. Building the product will only cost my time. Already having the tools and equipment for constructing the product will help my product take off quicker than if I would have to buy all the tools and equipment. Weaknesses: Being just myself as of right now can be a potentially huge weakness. If my product takes off faster than I can produce, my customers, and potential customers could have bad sense of business from me and could hurt my image by seeming unreliable. If my product takes off and I try to expand it would be very costly. I would have to buy more tools and equipment, more labor, and it would take up more of my time from work. Also when expanding I may have to use my own capital, and it may take longer to show profit. Opportunities: Having small or no competition, I may find some serious buyers of quantity. If this were the case I could potentially own and open a store in the future. Also having little or no competition can allow my product to expand virally in the area. Threats: Again because I’m small and new to the market it would be easy for a huge competitor to run me out of the market by underselling me or have better resources of advertising. Also my product would not be hard to replicate or copy, so if there turned out to be a huge market for this product anyone could jumpShow MoreRelatedA Marketing Plan For A New Marketing Strategy966 Words   |  4 Pagesthe governmental legal requirements and, on the other hand, defines the organization’s policy administration. For a triumphant marketing plan, understanding the government legal approaches allows for efficient operation and inter-relationship with other organization. Similarly, internal legal policies allow the company to uphold its operation in a set manner. 4.0: Marketing Audit A market audit process is a tool that can never be neglected despite the situation. However, very few companies carryRead MoreMarketing Plan For A Small Business2998 Words   |  12 Pagesin detail. †¢ The benefits of TQM when implementing the strategic plan to meet goals or increasing profit within a small business. †¢ The economy’s motivation of small businesses stability as compared to large businesses that are well established, also the financial assistance of other organization including the government. †¢ Different categories of a company and the importance of CRM to any size business. †¢ To compare the marketing plan of a small business and a large business where it reflects theRead MoreMarketing Plan827 Words   |  4 Pagesï » ¿Marketing Business Environment Marketing Planning: An Overview of Marketing 6 main questions to ask in order to create your marketing plan: 1. Where are we now? (Business Mission, Marketing audit, SWOT analysis) 2. How did we get here? (Business Mission, Marketing audit, SWOT analysis) 3. Where are we heading? (Marketing audit, SWOT Analysis) 4. Where would we like to be? (Marketing objectives) 5. How do we get there? (Core Strategy, Marketing mix decisions, Organization, ImplementationRead MoreMarketing Plan3248 Words   |  13 PagesSAMPLE MARKETING PLAN The following pages contain an annotated sample marketing plan for Blue Sky Clothing. At some point in your career, you will likely be involved in writing—or at least contributing to –a marketing plan. And you’ll certainly read many marketing plans throughout your business career. Keep in mind that the plan for Blue Sky is a single example; no one format is used by all companies. Also, the Blue Sky plan has been somewhat condensed to make it easier to annotate and illustrateRead MoreMarketing Plan4753 Words   |  20 Pagesresponsible firm by highlighting its products based on ecotourism, community tourism and sustainable tourism. 2. Situation Analysis Blaze Mountain travels and Tours has been operating for several years now. The trips have been well received, and marketing is now critical to its continued success and future profitability. Blaze Mountain travels and tours offer concepts like ecotourism and sustainable tourism to older tourists and hard adventure trips to the student tourists. This target market appreciatesRead MoreMarketing Plan3688 Words   |  15 PagesSITUATION ANALYSIS The marketing environment for LIMCOMA represents overwhelming opportunities. It also contains some challenges that the firm believes it can meet successfully. An illustration below shows a SWOT analysis of the company to highlight LIMCOMA’s strengths, weaknesses, opportunities, and threats. Strengths LIMCOMA’S dedicated founders understand the target market and products. LIMCOMA has achieved distribution in several markets with quick acceptance The firm has a very littleRead MoreMarketing Plan3847 Words   |  16 PagesA marketing plan is a comprehensive blueprint which outlines an organization s overall marketing efforts. A marketing process can be realized by the marketing mix, which is outlined in step 4. The last step in the process is the marketing controlling. The marketing plan can function from two points: strategy and tactics (P. Kotler, K.L. Keller). In most organizations, strategic planning is an annual process, typically covering just the year ahead. Occasionally, a few organizations may look atRead MoreMarketing Planning : The Marketing Plan Essay1545 Words   |  7 PagesTo attract mixed segment ther is need to marketing planning is indeed the key to the whole marketing process. The marketing objectives state just where the company intends to be; at some specific time in the future. James Quinn succinctly defined objectives in general as: Goals state what is to be achieved and when results are to be accomplished, but they do not state how the results are to be achieved. They typically relate to what products will be where in what market. They are essentiallyRead MoreMarketing Plan For Subway Marketing1516 Words   |  7 PagesExecutive summary The marketing plan has close ties with the overall financial and business plan. This plan contents a strategy for success, and breaks it down into coherent, actionable components that will aid The Sub Shop to implement marketing activities to provide a firm return on investment. The following areas will help explain how the company plans to differentiate the business and product offering from the competition, and define the strategy that will drive its business forward. The aimRead MoreMarketing Plan1891 Words   |  8 Pagesa breakeven point in the second year after opening the store and become profitable in the third year of being in this business. In the first year, our profits will be low, due to low sales and high distribution, inventory, marketing and advertising and sales expenses. Marketing expenses will be very high in the first year. We have to inform the customers about this new product and get the consumers to try out this new concept. It will take â€Å"Just passin’ Thru† some time to build up the customer base

Notes for Final Paper Free Essays

Do not change the font and do not put in any punctuation or other marks in the answer sheet; put only the letter choice of your answer. Also, do not put any spaces before or after the letter you enter as your answer. Be sure to turn off the automatic completion function of cell entries. We will write a custom essay sample on Notes for Final Paper or any similar topic only for you Order Now On the Tools menu, click Options, and then click the Edit tab. Clear the Enable Autoclave for cell values check box. Please put only your last name on the Answer Sheet in the by writing it in the yellow space. 1. With regard to the court, adequacy of consideration means: A. The court will adjust the consideration if the value exchanged is unfair. B. The consideration exchanged must be exactly equal in value. C. The court doesn’t care about value as long as the mutual assent is valid. D. The consideration exchanged must be reasonably close in value. 2. Bill gets many speeding tickets. His friend Ron told Bill that he would pay Bill $300 if he did not get a ticket for one year. Bill drove very cautiously for the next year and did not get a ticket. Is Ron obligated to pay? A. Yes, because Bill gave up a legal right based on the agreement. B. No, because $300 is not an adequate amount based on Bill’s detriment. C. Yes, because a promise is a promise and consideration has nothing to do with this agreement. D. No, cause Bill suffered no detriment in this agreement. Page 2 of 6 LAW 421 – Quiz 3 – 7. 01. 14 3. Excursions Inc. (Excursions) ordered 300 kayaks from Seafarer’s, Inc. (Seafarer’s), with delivery to be made on April 20. The kayaks will used during the upcoming season. Under which circumstance may Excursions claim anticipatory repudiation? A. The popularity of kayaking has suddenly decreased and Excursions isn’t sure it can use 300 kayaks during the upcoming season. B. The cost of kayaks has tripled owing to worldwide demand, lowering Seafarer’s profit margin. Yet Seafarer’s insists that it will honor the contract with Excursions. C. Excursions have found another manufacturer that can provide less expensive kayaks of the same quality as Seafarer’s kayaks. D. Seafarer’s only manufacturing plant burned down on January 1 5, yet Seafarer’s insists that it will rebuild the plant and honor the contract with Excursions. 4. Ronald contracted with Quality Hotel (Quality) to rent a room for a weekend while at a business meeting in the city. The contract with Quality required a $50 deposit with the remaining balance due on check-in. The deposit was nonrefundable unless the reservation is cancelled at least 36 hours prior to check in. The day before he was to eave for the resort, Arnold’s boss called off the business meeting. Ronald called Quality, canceled the reservation, and demanded a refund of his deposit. A. Ronald will get the refund because of impossibility of performance; he can’t attend a business meeting that isn’t going to be held. B. Ronald will get the refund because of frustration of purpose; his intention was to attend a business meeting that is no longer being held. C. Quality is not required to provide a refund. D. Ronald will get the refund because of impracticability; he doesn’t need a room to attend a business meeting that isn’t going to be held. 5. Paul contracted with Dan to buy some land on behalf of Developers, Inc. Developers told Paul to use Pall’s own name and not to disclose to Dan that Paul was working for Developers. Paul signed the contract in his own name only. Developers refused to honor his arrangement with Paul. A. Paul is liable, but may sue Developers based on failure of loyalty. B. Paul can’t be sued because he’s only an agent. C. Developers has no liability to anyone since his name was never disclosed. D. Paul is liable, but may sue Developers based on indemnification. 6. Which of the following is not an exception to the employment-at-will doctrine? A. An employee is working under an implied employment contract. B. An employee’s termination violates a public policy or statutory right. C. An employee is terminated but has received excellent evaluations and the employer cannot give a reason for the dismissal. D. An employee is working under an express employment contract. Page 3 of 6 LAW 421 – Quiz 3 – 7. 01. 14 7. Big Box Inc. (Big Box) was hiring a security guard for one of its stores. On its application, Big Box asked whether the applicant had ever been arrested. Bob applied for a Job at Big Box and answered no to the question. He also answered no to a question asking if there was any reason that he would not be qualified to work as a security guard. Soon after Bob was hired, he hit a customer. It was discovered at trial that Bob had been fired from numerous Jobs for abusing customers and other offenses. If the customer sued Big Box: A. Big Box would not be liable because it made a good faith effort to screen applicants by specifically asking about past indiscretions. B. Big Box would not be liable because Bob was supposed to control customers. C. Big Box would be liable for negligent hiring. D. Big Box would be liable for negligent retention. 8. With regard to whistle-blowers: A. Every state law protects both government and private employees from retaliation. B. Employers may terminate whistle-blowers if they can prove a reason for termination independent of retaliation for the whistle blowing. C. There is no federal whistle-blower act. D. Based on the employment-at-will doctrine, employers may terminate whistle- blowers without proving a reason independent of retaliation for the whistle blowing. 9. Rupert hired Calvin to drive a car to a site 75 miles away. Rupert specified the route that Calvin was to take and told him to be sure to arrive by 4:30 pm. On the ay, Calvin became hungry and decided to stop to eat. He had plenty of time to stop, eat, and still make the deadline. He went too restaurant that was three miles off the route that Rupert had specified. Calvin did not call Rupert to ask for permission. On the way to the restaurant, Calvin failed to stop ATA red light and hit Cam’s car. Sam sued Calvin and Rupert. A. Rupert will lose because Calvin was on a frolic, so Rupert is liable B. Rupert will win because Calvin was on a detour, freeing Rupert from liability C. Rupert will lose because Calvin was on a detour, so Rupert is liable D. Rupert will win because Calvin as on a frolic, freeing Rupert from liability 10. Adam accepted a new Job. Which of the following is not a contract condition related to that Job? A. Adam will receive a bonus provided that he obtains 25 new clients within 30 days. B. Dam’s medical and dental benefits will start after he has worked for seven months. C. Dam’s salary will be $1,200 a week. D. Adam cannot begin work until he passes a drug test. 11. The IRS has developed a three-part test to determine an agent’s status. Which of the following is not an element in this test? A. Whether the working relationship is written or oral B. He type of working relationship between the parties C. Behavioral aspects of the parties D. The financial arrangements between the parties Page 4 of 6 LAW 421 – Quiz 3 – 7. 01. 14 12. Ernie worked as a delivery driver for a local fast food restaurant. His duties consisted of making deliveries along a designated route. One day Ernie decided to visit his friend, who lived 8 miles out of his delivery route. While driving to his friend’s house, Ernie injured a pedestrian, Alvin. The accident was caused because of Ermine’s negligent driving. Alvin sued both Ernie and the restaurant for personal injuries. Under the circumstances: A. The restaurant is never liable for the negligent acts of its agents. B. The restaurant is liable under the doctrine of respondent superior. C. The restaurant is not liable because Ernie was on a frolic of his own. D. Alvin can recover damages from both the restaurant and Ernie. 13. James wanted to have a pool built at his house. He called Patio Construction, Inc (Patio). When Patio came to give James a price, it did some soil tests and discovered no problems. Patio quoted $1 5,500 for the pool. However, when it begin excavating for the pool, Patio discovered solid rock few feet below ground level. Patio stopped work and informed James that, due to the rock, it will have to use explosives to remove the rock and that the cost of the pool would now be $18,000. A. James is under contract and will have to pay the new price. B. James can have the contract discharged based on impracticability. C. James can have the contract discharged based on frustration of purpose. D. James can have the contract discharged based on impossibility. 14. Jake advertised his scooter for sale. The scooter doesn’t start easily in damp weather. Adam was looking for a scooter to use at his home, which near the seacoast, which he told Jake. Jake said nothing. Adam bought the scooter, brought it to his house, where Adam often had trouble getting it to start on damp mornings. A. Jake has committed a fraudulent misrepresentation because he withheld a material fact. B. Jake has not committed a fraudulent misrepresentation because Adam didn’t specifically ask if the scooter started easily in damp weather. C. Jake has committed an innocent misrepresentation because he didn’t state a lie, but only withheld all of the truth. D. Jake has not committed a fraudulent misrepresentation because silence cannot be considered a fraudulent misrepresentation. 15. In which of the following scenarios would enforcement of specific performance be appropriate? A. You ordered a stereo from an electronics store and a few days later it breached by not ordering it from the manufacturer. B. A store agreed to order a laptop computer for you, but breached its contract with you by canceling the order the next day. C. You ordered 50 cubic yards of crushed from a local store and it breached by not delivering or making the stone available to you. D. You contracted to buy an antique clock to add to your art collection; but, despite the contract, the owner refused to sell at the last minute. 16. Which of the following is the true statement? A. Apparent authority is based on what the principal communicates to the agent and not to the third party. B. Actual authority must be expressly created and cannot be based on custom or past dealings. C. Actual authority must always be expressed in writing. D. Ratification applies to previously unauthorized acts. Page 5 of 6 LAW 421 – Quiz 3 – 7. 01. 14 17. Jim contracted with Gardeners Inc. To plant some trees in Jims back yard. Jim was to purchase the trees. The contract with Gardeners was solely for planting. Payment was to be 25% at the time that the work commenced and 75% once the Reese were planted. Jim purchased the trees and paid Gardeners the 25%. Gardeners began work. When Gardeners was half way through the Job, Jim changed his mind about having trees planted, so he refused Gardeners access to the yard. If Gardeners wanted to rescind the contract and be paid for work completed, it would sue for: A. Consequential damages. B. Compensatory damages. C. Restitution. D. Liquidated damages. 18. Marine, Inc. Advertised a canoe on sale. The normal price is $1,250 and the sale price should have read $950, but the advertisement stated $750. Sam went into the tore and demanded to purchase the canoe at the advertised price of $750. Which of the following is correct? A. The court will adjust the consideration, if the value exchanged is unfair. B. The court doesn’t care about value, as long as the mutual assent is valid. C. The consideration exchanged must be exactly equal in value. D. The consideration exchanged must be reasonably close in value. 19. In which of the following situations is the agent not liable should the principal breach the contract with the third party? A. Agents are liable in all agency situations B. Undisclosed agency C. Partially disclosed agency D. Disclosed agency 0. Bobby entered into a contract with Eddie. Subsequently, Bobby assigned his rights in that contract to Jake. Which of the following would not prevent that assignment? A. The contract contains an anti-assignment clause. B. The assignment would materially alter Eddies duties and cause an increased burden or risk to Eddie. C. Eddie protests the assignment and demands that Bobby not make the assignment. D. The assignment would violate public policy matters. 21 . Which of the following is the best explanation of the parole evidence rule? A. Oral agreements may be used to change a final written contract if the final written entrant isn’t exactly conforming to the pre-contract agreements. B. Written contracts with ambiguous terms are automatically void and cannot be corrected. C. Written agreements may be used to change a final written contract if the final written contract isn’t exactly conforming to the pre-contract agreements. D. A written contract is the final expression of the party’s agreement and may not be contradicted by oral or written agreements made prior to the writing. 22. Ralph was a driver for Discount Appliances, Inc. (Discount) and made deliveries to customers. One day, Ralph negligently secured a fridge on the back of his truck and, hill driving, the fridge fell out of the truck and hit Jims car. Which of the following is correct? A. Both Ralph and Discount are liable. B. No one is liable, it was an accident. C. Ralph is liable, but not Discount. D. Discount is liable, but not Ralph. Page 6 of 6 LAW 421 – Quiz 3-7. 01. 14 23. Richard called Jeff asking him to referee a game. Jeff is not obligated to work the game. If Jeff accepts the assignment and works the game, he would be told the time of the game, he would be required to wear an approved uniform, and he would be paid a fee. Once at the game, Jeff would be in complete control. Jeff is considered a/an: A. Principal. B. Independent contractor. C. Agent. D. Employee. 24. In which of the following situations will the court enforce a contract? A. Kevin offered to sell his boat to Dave for $12,500. Dave replied that was too much and said, â€Å"I’ll give you $10,000 for it,† Kevin said no. The next day Dave called Kevin and said, â€Å"l accept. † B. Kevin offered to sell his boat to Dave. Dave asked for 24 hours to decide and Kevin agreed. At midnight, the boat sank, although neither Dave nor Kevin knew it sank. Dave called Kevin before the 24 hours was over and said, â€Å"l accept†. C. Kevin offered to sell his boat to Dave. Dave asked for some time to decide and Kevin gave him until 7:00 pm. At 5:00 pm, Dave saw Adam painting the boat and was told that Kevin sold it to him. Dave called Kevin at 6:00 pm and said â€Å"l accept†. D. Kevin offered to sell his boat to Dave. Dave asked for more time and Kevin said you may have until 11:00 am the next morning. Dave gave Kevin $150 for him to keep the offer open to him, which was nonrefundable. Kevin died during the night and, after hearing that Kevin died, Dave called Seven’s heirs at 10:00 am the next morning and accepted Seven’s offer. When Paul came home from work, he found that all the snow from a recent storm had been removed from his yard. An hour later, a boy came to Pall’s door to collect payment for the work. Paul refused to pay him because he had never seen the boy before, nor had he hired him to do the work. Which of the following is accurate? A. This is an implied, unilateral contract, therefore, he must pay. B. Paul received unjust enrichment, so a quasi contract was formed and he must pay. C. Paul would not have to pay anything. D. To be fair to both parties, the court would make Paul pay the reasonable coos How to cite Notes for Final Paper, Papers

Comparative Essay Analysis on Medication Errors- myassignmenthelp

Question: Discuss about theComparative Essay Analysis on Medication Errors. Answer: Introduction Healthcare facilities as hospitals administer various medications to patients every day, where errors occur randomly(Keers, 2013). Researchers and studies have been continuously focused on ways and means to reduce interruptions to nurses while they are preparing or administering dosage of medications. While interruptions were analysed, they were found to be related to medication administration errors (MAEs), which in case reduced could lead to lesser impact being made on patients. Approximately 36% errors were found to have occurred in the emergency department during administration phase. The scope of this analysis reviews two journal articles related to medication errors, comparing them. A comprehensive analysis using qualitative and quantitative techniques was used to arrive at findings related to the study. Using data analysis techniques journals, namely J. I. Westbrook, T. D. Hooper, M. Z. Raban, S. Middleton and E. C. Lehnbom (2017) article, Effectiveness of a Do not interrupt b undled intervention to reduce interruptions during medication administration: a cluster randomised controlled feasibility study.In the BMJ Qual Saf(Westbrook, 2017). Another journal by F. S. Blank, J. Tobin, S. Macomber, M. Jaouen, M. Dinoia and P. Visintainer (2011) article, A back to basics approach to reduce ED medication errors.In Journal of emergency nursing analyses medication related errors in emergency departments(Blank, 2011). Analysis Medication related errors are frequent in hospitals as well as across emergency departments. Aim of researchers had been focused at findings ways and means by which these errors can be reduced such as to prevent harm caused to patients(Ammenwerth, 2008). There are two journal that provides insights into medication related errors, however the context of analysis of both the journals are different in nature. Aims: Article by Johanna I Westbrook, Ling Li, Tamara D Hooper, Magda Z Raban, Sandy Middleton, Elin C Lehnbom examines effect for reduction in non-medication based interruptions to nurses. This study conducted quantitative based analysis by randomly controlled study in Adelaide, Australia. The study was conducted using feedback from manger nurses. The study adopted ethical approval from Hospital Research Ethics Committee. Another article by F. S. Blank, J. Tobin, S. Macomber, M. Jaouen, M. Dinoia and P. Visintainer examines ways in which knowledge can impact clinical practice amongst nurses in emergency departments. Medication related errors taking place in emergency departments mostly due to overcrowding. Medication given to patients at emergency departments often leads to patient harm, which can range from being permanent to temporary injuries(Sanderson, 2015). While previously article concerned examination of entire range of errors that occurs across all departments of hospitals the second article concerns itself with identification of medication based errors in emergency departments only. The first article is more concerned with several interruptions that causes nurses to administer dosage incorrectly(Currie, 2014). The scope of the other article identifies issues specific in nature that causes errors, as specifically being overcrowding. Initial study is related to obtaining feedback from nurses and all other departments while this study adopts a methodology where nurses in emergency departments were considered for the study. Methods: In the first study four wards were selected for the purpose of collecting data, where interventions included wearing vest while providing medications. Primary aim of the study was to divert attention during the process of interruptions(Hayes, 2015). Various observations were made over a prolonged time period, which showed that wearing vests was consuming substantial amounts of their time. It was relevant from the study that nurses experienced that was not related to medication. This study demonstrated tremendous scope for improvements in regards to unnecessary interruptions that was causing errors in medication(Rothschild, 2010). The discussion in this article therefore derived that there was costs associated with alternative interventions that likely generates impact on long-term sustainability related to such interventions. Therefore, in order to increase effectiveness related to interventions there costs associations has to be established such that they can be reduced in a substantial manner. The second article on the other hand, analyses basic medication administration procedure within emergency departments for reducing errors. This study adopted methodology whereby education intervention by way of non-randomized methods of a single group was compared pre and post outcome(Hopkinson, 2013). The study was conducted using 95 nurses where measures adopted for intervention included knowledge regarding medication administration process, behaviour that reflects recommended medication practices and medication administration errors. This study demonstrates that education based interventions were able to impact medical administration practices. But nurses with improved knowledge did not change their behaviour significantly, hence more research in the area was required in order to impact clinical practices amongst nurses(Pham, 2011). Internal Validity and External Validity: In the first study, the scholars used a method of interruption to nurses by use of vests to distract their attention. The study focused at connecting findings of medication effectiveness to non-medication based interruptions. There were mixed ways to interrupt nurses in intervention wards and then results were compared to control wards in pre and post interventions(Palese, 2009). The study reflected low correlation in intervention wards as against control wards, reflecting that cost effective measures can be included to reduce such interruptions. Internal validity of variables in the study is too low and external validity can be drawn as results are more generalized in nature. For the second study, internal validity was also established to be low. As nurses that were subjected to the study pre and post increasing their knowledge reflected on very low effects in regards to their clinical practice. External validity can be obtained in this study as results are more generalized in manner. Nurses showed significant increase in knowledge levels post the study however there were no impacts on results. Results: The scope of the first study did not try to impact result, rather was interested in findings related to interventions that causes harm on patients. The second study was more focused on enhancing ways in which medication related errors could be reduced. While the first study was conducted using all departments within the hospital, the second one was focused on emergency department. In the first study a methodology was adopted to collect feedback from two separate groups as a control group and experimental group. The second study knowledge was imparted uniformly to nurses in ED so as to impact their outcomes(Sasangohar, 2014). Medication administration process was not a matter of concern in the first case as it was merely concerned with examining ways intervention can impact medication administration. The second study was moreover focused in nature with understanding impacts of knowledge on the process of medication administration. Trustworthiness of Each Paper: Both the papers had been conducted using data collection and their analysis. The findings related to the first study can be generalized as it was conducted through all departments. However, the interventions cannot be used for instrument design. In the second study conducted, it was done only in emergency department hence cannot be generalized or findings adopted across other departments. The research design adopted cannot be for purpose of instrumentation design. The scope of the studies had been limited to single hospitals only, which is the main limitations or drawbacks associated with the study. However, the scholars has derived findings for the study in relation to various attributes that makes these studies important in nature. Moreover, implications of these studies can be used across in developing more studies for further research in the domain. While both the study has certain limitations but the study has been derived from well researched stud ies conducted in the past. Therefore, both the papers can be regarded as trustworthy and capable of conducting further studies on. Conclusion Analysing medication related errors can reveal facts regarding various impacts that patients suffer. while aim and focus on healthcare centers and hospitals is to reduce such errors by appointing capable nurses and providing adequate training it often remains ineffective. The scope of these two journals have provided an extension to previously conducted studies in the area aimed at reducing interruptions and providing knowledge to improve medication administration procedure. While both the articles have provided in-depth insights into the topic, they have not been effective in suggesting ways in which medication administration effectiveness can be attended. Therefore scope of further research in the area will still reamin prevalent. 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