We have been requested to review and present to you our recommendations for the start of your new Pharmaceutical/Biotech Consulting Company. To begin, we would like to review the information that we have been given from you to KMCE&A. We understand that you have a background as a business executive as well as a scientific background. Your business plan states you are starting up a consulting company that will handle R&D monitoring for other companies that are in the Pharmaceutical/Biotech Industry. Your client base is mostly in the New Jersey and Pennsylvania area but hope to eventually expand to a global customer base. Your main investments will be in salaries in that as a services industry you will have minimal asset investments. Your personal preference is to have no personal liability. You would like to keep the ownership small and retain the majority ownership of 50% to 60% so that you can keep control of the decision making. However you are open to issuing stock if the funding of your business would benefit from this over financing through debt. You also expect to have a loss of approximately $25,000 in the first year due to start up costs and become profitable by year two. You initially will have three employees joining you at the start of the business. Two employees, Scott & Kate, will be contributing services of an IT specialist and a marketing/public relations as well as a program manager. The third member, Todd, who is an attorney, will not only contribute legal services but also an initial investment of $50,000. We also understand that you have $200,000 of personal funds to invest as well as have obtained an additional $500,000 in financing through securing your own personal assets.…
Have you ever wondered why people these days are obese? Could it be the consumer’s fault or maybe it could be the difficulties each individual faces? The article “Don’t Blame The Eater” by David Zinczenko focuses in pointing out the difficulties the eater faces. Today many Americans face economical problems.…
The article “Health Affairs” presented by Eric A. Finkestein, Justin G. Trogdon, Joel W. Cohen and William Dietz (2009) which estimates the high costs of yearly medical spending for obesity and other diseases as a result of eating fast food. Eric et al analyses the expense which is estimated to be as much as $ 78.5 billion to medical costs of obesity. The authors mention that these costs of obesity took place in the United States of America in 1998. Also, the authors explain the cost of these diseases is increased $40 billion and $7 billion in Medicare drug costs in 2006. The cost is risen to reach $147 billion per year by 2008. Additionally, the authors compare to many kinds of…
In “What You Eat is Your Business” by Radley Balko, emphasizing that our fight for obesity is going about the wrong way. He insists “Our government ought to be working to foster a sense of responsibility in and ownership of our own health and wellbeing.” In making this comment Balko urges us to begin to take responsibility for our own actions for being obese, the government is not to blame but ourselves. To further support this claim Balko begins to use our healthcare system and laws passed as examples of how individuals are not taking responsibility. “ States are preventing private health insures from charging overweight and obese clients higher premiums, which effectively removes any financial incentive for maintaining a healthy lifestyle.”…
According to Loureiro, obesity is an emergent health problem, the World health organization (WHO) refers to obesity as a “global epidemic” (2006). Nevertheless, economists don’t know much about its causes and consequences; “obesity is not just about its additional costs to our already-straining health budgets. Obesity also creates challenges to our overall economy and to the public health (Troy, 2012 p 3 para 2).” With that said, the demand for healthcare depends on age, education income, and health status (Dewar, 2010). Furthermore, one of the most cited economic impacts of the obesity epidemic is direct medical spending.…
Radley Balkos main point is that the government is spending tons of dollars on "anti obesity measures" to prevent obesity, but he thinks it's not the right way to go about this situation. He believes the best way to deal with this is to makr be take responsibility for their health and their choices. Doing this by charging everyone for their health care needs. This will show people their consequences and they'll become more responsible knowing what their choices will do to them health wise and financially.…
David Suzuki is a Canadian scholar and an environmentalist. Born in 1936, Suzuki has been a great scientist known for the campaigns of a sustainable environment. Suzuki has written many articles and books that have been noticed to intrigue the public with his words and form of writing (Suzuki, p2). This essay will focus on the analysis of three of David’s writings. The first article goes by the title, get your kids way from the screen to the green. This was an article that appeared in the western star column on 30/09/12. The second article: Climate change deniers are almost extinct was also written by the same author and featured in the western star magazine on 25/08/12. The third article has the title are plastic bags necessary and was also…
When it comes to the topic of America’s social problems, most of us will readily agree that the obesity epidemic is one of the major problems in America’s society now. Where this agreement usually ends, however, is on the question of who is responsible for this problem. Whereas some are convinced “Don’t Blame the Eater”, that the fast-food industry is responsible, other maintains that is a personal responsibility and what you eat is your business. My feeling on the issue are mixed. I do support Radley Balko’s position that it is a personal responsibility “What you eat is you business”. However I find that Radley Balko has over looked some issue on the corporation’s side and I also agree with David Zinczenko’s argument that it is corporate responsibility.…
In today’s America we as citizens are faced with the ongoing crutch known as obesity. Obesity is defined as a medical condition in which excess body fat has accumulated to the extent of major health issues. I view obesity as a “crutch” because it is disease that will slow the American populous down. The topic on obesity has been debated over many years as to who would take the blame of America’s overweight problem and what that individual or group would do to prevent it. Many different state legislatures and school board committees have started to ban vending machines in school grounds. “Congress has considered a menu-labeling legislation that would force chain restaurants to list fat, sodium, and calories for each item” (Balko, 2004, p.522). Many individuals like me believe that this is definitely the most improper approach to preventing the obesity epidemic that has plagued the United States over the last twenty years. It is not the United State government’s place to tell American citizens what they can or cannot consume. Obesity has become more and more of a problem because American citizens are executing poor dietary techniques. The next influential factor to obesity is the influence of our biological need and genetics. These factors play a large part in the obesity epidemic but the key factor to obesity is the fact that Americans are drastically decreasing their urges for physical fitness and health. Data has…
In the essay, “What You Eat is Your Business”, Radley Balko writes to tell his audience about how the government is trying to control people’s health and eating habits by restricting food, taxing high calorie food, and considering menu labeling. Balko includes in his essay that government restricting diets and having socialist insurance is not helping the obesity problem, but it is only making it worse because it not allowing people to take their health in to their own hands so they have no drive to lose weight or eat healthy. In his essay, Balko is targeting society, including those who may be obese, he is trying to show them that the laws our government is making is not helping anyone because obese people are not becoming any healthier and taxpayers are still paying for health care for those who do not even care about their own health. He wrote this essay so our society could be informed about really was happening with health care regarding diets, food, and paying for medication for those who are unhealthy. When did the government think it was okay for them to become part of our personal lives? If they were not involved, the problem would resolve itself.…
References: Bogart, W. (2013). Law as a Tool in the “War on Obesity”: Useful Interventions, Maybe, But,…
We the people of the United States have a problem in our midst, Obesity. While most recognize the importance to stop it, few can agree on a viable method to fight it. It is a problem, no doubt, but it is a problem that lies within every single american. That being said, only people themselves can do something about it, the government can’t simply pass a few laws and put an end to this epidemic. It is not the government’s job to keep people healthy, the U.S. is a democratic Republic and if it intends to stay that way, government will stay within its boundaries, and out of the personal lives of the citizens who consider themselves free.…
During the recent decades, there has been a growing debate over what role that businesses should play when it comes to the increasing obesity levels in the United States of America. The prevalence of obesity has been on the rise in America for several decades now. Most people have attributed the increase of obesity to two reasons: people are consuming high-fat and high-calories foods, and people are consuming a greater number of calories than they are burning off. Kathleen Seiders and Leonard Berry are business professors at Boston College and Texas A&M University, respectively. In December 2007, they published the article in the MIT Sloan Management Review titled, “Should Business Care About Obesity?”. The intended audience of this article includes business leaders, company executives, and entrepreneurs, all of whom the authors are attempting to persuade. In the article, Seiders and Berry argue that business leaders should seek to lessen obesity rates in America. Businesses should be…
Obesity is often discussed as a growing concern in America and risen from an area of concern to an epidemic in a short period of time. As obesity rates continue to climb, so does advice for how to manage it. Today I will bring to light some of that advice offered from two articles that provide wisdom towards handling obesity: Don’t Blame the Eater by David Zinczenko and What You Eat Is Your Business by Radley Balko. While both articles discuss logical view points, I will point out Balko’s rationale for making his point more effective than Zinczenko’s.…
America is one of the most obese countries in the world, and the reasons are quite obvious. Just take a look around you. Fast food chains are on every block (unhealthy foods are much less expensive than the healthy foods we should be eating), more and more technology to make our lives easier (and lazier), and high amounts of stress are all factors to weight gain in our country. A recent study in January 2010 shows that obesity rates have reached a constant level and stayed there for the past five years, but still the levels of obesity are still unacceptable. Almost 34 percent of American adults are obese; this number is more than double the amount of 30 years ago. And the percentage of obese children has nearly tripled in that time, to 17 percent. Are we doing enough to bring these numbers down? My opinion, is no. We have alot of changes to make. Obesity is a complex issue, involving many contributing factors. While it is…