Selling Blood is Big Business

RED GOLD! As the nickname implies, this is one highly valued substance. It is a precious fluid, a crucial natural resource that has been compared not only to gold but also to oil and coal. However, red gold is not mined from veins in the rocks with drills and dynamite. It is mined from the veins of people by much subtler means.

Please, my little girl needs blood, implores a billboard that looms over a busy avenue in New York City. Other advertisements urge: If you’re a donor, you’re the type this world can’t live without. Your blood counts. Lend an arm.

People who want to help others evidently do get the message. They line up in droves, worldwide. No doubt most of them, as well as the people collecting the blood and the people transfusing the blood, sincerely want to help the afflicted and believe that they are doing so.

But after blood is donated and before it is transfused, it passes through more hands and undergoes more procedures than most of us realize. Like gold, blood inspires greed. It may be sold at a profit and then resold at a larger profit. Some people fight over the rights to collect blood, they sell it at exorbitant prices, they make fortunes from it, and they even smuggle it from one country to another. The world over, selling blood is big business.

In the United States, donors were once paid outright for their blood. But in 1971 British author Richard Titmuss charged that by thus luring the poor and sick to donate blood for the sake of a few dollars, the American system was unsafe. He also argued that it was immoral for people to profit from giving their blood to help others. His attack prompted an end to the paying of whole-blood donors in the United States (although the system still thrives in some lands). Yet, that did not make the blood market any less profitable. Why?

How Blood Remained Profitable

In the 1940’s, scientists began to separate blood into its components. The process, now called fractionation, makes blood an even more lucrative business. How? Well, consider: When dismantled and its parts sold, a late-model car may be worth up to five times its value when intact. Similarly, blood is worth much more when it is divided up and its components are sold separately.

Plasma, which makes up about half of the blood’s total volume, is an especially profitable blood component. Since plasma has none of the cellular blood parts—red cells, white cells, and platelets—it can be dried and stored. Furthermore, a donor is allowed to give whole blood only five times a year, but he can give plasma up to twice a week by undergoing plasmapheresis. In this process, whole blood is extracted, the plasma separated, and then the cellular components are reinfused into the donor.

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Importance of Clinic management Software

Importance of Clinic management Software

Clinic Management Software product suite designed to improve the quality and management of clinical care and hospital health care management in the areas of clinical process analysis and activity-based costing. Clinical Management Software enables you to develop your organization and improve its effectiveness and quality of work. Managing the key processes efficiently is critical to the success of the hospital. Clinical Management Software like SoftClinic Software helps General Physician to manage those processes. Clinic Managements Software provides all process management tool elements: modeling, analysis, and simulation. Documentation though an important part of a Clinic Management, is a non-productive exercise for the intellectual human being, whose ability lies in core areas of excellence. Hence a systematic approach to the way documents are managed, can transform your Hospital resources to its highest utility and advantage.

HMS Benefits:

Clinic Management Software enables mini hospitals and doctors to better serve their patients. Improved quality of patient care Reducing the time spent by staff filling out forms, freeing resources for more critical tasks Better quality of care, procedures and service to Patients. Control over the costs incurred by diagnosis-related groups

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Corporate Social Responsibility (Csr) And Ethics In Marketing

CORPORATE SOCIAL RESPONSIBILITY (CSR) AND

ETHICS IN MARKETING

 By

 Miss. P. PIRAKATHEESWARI, Lecturer in Commerce,

Sri Sarada College for Women (Autonomous), Salem – 16.

 Introduction

Kotler and Levy, in their book, Corporate Social Responsibility define corporate social responsibility as “a commitment to improve community well-being through discretionary business practices and contributions of corporate resources”.  Some of the benefits of being socially responsible include (a) enhanced company and brand image (b) easier to attract and retain employees (c) increased market share (d) lower operating costs and (e) easier to attract investors. A socially – responsible firm will care about customers, employees, suppliers, the local community, society, and the environment. CSR can be described as an approach by which a company (a) recognizes that its activities have a wide impact on the society and that development in society in turn supports the company to pursue its business successfully and (b) actively manages the economic, social, environmental and human rights. This approach is derived from the principles of sustainable development and good corporate governance. Marketing managers within different firms will see some social issues as more relevant than others. The relevance of a given social issue is determined by the company’s products, promotional efforts, and pricing and distribution policies but also by its philosophy of social responsibility.

Focus entirely in profits (and profitable firms typically serve society well) Explicitly incorporate social responsibility into its day-today marketing decisions to minimize negative effects on society and enhance positive effects Go even further and engage in social projects that are unrelated to the corporate mission and even detrimental to profits ( which could net out to be socially undesirable) The Success strategies of a Business formed out of abundance and grounded in ethics and cooperation are powerful and long-lasting and they help you feel good about yourself even while bringing in profits ( Shel Horowitz) Management must decide which of these three levels of social responsibility to adopt and which social issues are relevant to its business.

Ethical Conflict faced by the Marketers

 Marketers must be aware of ethical standards and acceptable behavior. This awareness means that marketers must recognize the viewpoints of three key players: the company, the industry, and society. Since these three groups almost always have different needs and wants, ethical conflicts are likely to arise. Ethical conflicts in marketing arise in two contexts : First, when there is a difference between the needs of the three aforementioned groups ( the company, the industry, and society) a conflict may arise. Second and ethical conflict may arise when one’s personal values conflict with the organization. In either case, a conflict of interest is a possible outcome.

Ethical dilemmas facing marketing professionals today fall into one of three categories: tobacco and alcohol promoting, consumer privacy, and green marketing. Standards for ethical marketing guide business in efforts to do the right thing. Such standards have four functions: to help identify acceptable practices, foster internal control, avoid confusion, and facilitate a basis for discussion.

Consumerism

Consumerism is concerned with broadening the rights of consumers. The concepts of social responsibility and consumerism go hand-in-hand. If every organization practiced a high level of social responsibility the consumer movement might never have begun. Consumerism is a struggle for power between buyers and sellers; specifically, it is a social movement seeking to increase the rights and powers of buyers in relation to sellers.

Seller’s rights and powers are presented in the following list:  

To introduce any product in any size and style they wish into the marketplace, so long as it is not hazardous to personal health or safety or if it is hazardous, to introduce it with the proper warnings and controls To price the product at any level they wish, provided there is no discrimination among similar classes of buyers To spend any amount of money they wish to promote the product, so long as the promotion is not defined as unfair competition To formulate any message they wish about the product provided that it is misleading or dishonest in content or execution To introduce any buying – incentive schemes they wish

 In contrast, here are buyers’ rights and power: 

To refuse to buy a product that is offered to them To except the product to be safe To expect the product to essentially match how the seller represented it To receive adequate information about the product

It is in the best interest of marketers to understand the level of consumer standards and the nature of consumer perceptions, as well as what is required to foster realism and accuracy among consumers.

Marketing and the Natural Environment

Another significant area of social concern is the environment. Marketing is ultimately dependent on the use of scarce resources to fulfill human needs, without harming or unnecessarily using scare resources.  Marketing managers should help to determine which products are produced, and which products are indirectly affecting the environment:

The natural resources and materials used The amount of energy required in the production process The residuals (e.g., waste water) that result from production The consumption of resources and energy that is required to use products ( cars, air conditioners) The generation of pollutants (e.g., exhaust fumes) in using products The amount of packaging material that may have to be discarded. (packaging comprises less than 14 percent of collectible solid waste, but consumers often estimate its share of that waste at 40 to 80 percent)

Relationship Marketing and Ethics

Nowadays, most ethicists believe that Relationship Marketing is a reasonable practice leading to positive relationships between buyers and sellers. Relationship marketing requires that rules are not necessarily contractual..

Relationship marketing allows buyers and sellers to work together. However, there are disadvantages to this approach- relationship marketing requires time to develop a list of expected conduct or “rules of behavior.” According to a recently published book on this subject, a shift in emphasis in marketing ethics – towards buyers interests and away from seller’s interests – characterizes the new country.

If this is true, new challenges are presented for marketing ethics and professionals in the field of marketing who want to conduct business in an ethical way.

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