Global Healthcare Exchange Case Study Assignment

Global Healthcare Exchange Case Study - Assignment Example Secondly, the founders made it clear that their aim was not the registration of an Initial Public Offering (IPO). They had a commitment to increase â€Å"customer value†, which was about the improvement of services to customers, and not â€Å"market value†, which would have been about increasing profits for investors. On one hand, GHX founding companies are all buyers or sellers in the medical supplies industry. Therefore, to this extent, the figure is true. However, on the other hand, GHz is a separate entity with its own management, vision, and direction. This makes it a third party since it considers the collective interests of all the players in the medical supplies industry. GHX software capabilities for the primary benefit of suppliers before the merger with Medibuy included the GHX AllSourceâ„ ¢ Catalog. Suppliers maintained their catalogs, which in turn formed the database that buyers queried. Software for the benefit of the buyers included GHX Connectâ„ ¢ that allowed buyers to utilize their existing ERP systems to connect to GMX’s exchange platform. The GHX Advantageâ„ ¢ let buyers use an intermediary platform hosted by a GMX partner to access the exchange platform (Applegate 23). GMX developed an ERP, the GHX Axiomâ„ ¢, used by buyers with no ERP (Applegate 23). The software discussed above-handled connectivity. On the value-added services, there was the Report Source, which provided buyers with real-time information about their transaction on the Exchange platform. The second one was the GHX Content Intelligenceâ„ ¢ that identified any errors in the transaction process such as discrepancies in catalogs and alerted the parties involved (Applegate 23).

Islamic law Coursework Example | Topics and Well Written Essays - 500 words

Islamic law - Coursework Example Islamic law is derived from four sources which are Quran, hadith, ijma, and qiyas. The Quran is the main scripture of Islam which is the main source of law. The hadith are the sayings of the Prophet Muhammad which comprise the second principle of law. Ijma and Qiyas are used to determine and obtain conclusions regarding issues which are not addressed in the Quran and hadith directly. Ijma is usually the collective opinion of a group of scholars while qiyas is the use of individual reasoning to apply Islamic principles for new issues faced by society (Dien, 145). Islamic law provides guidelines and principles regarding business, commerce, trade, society, politics, ethics, personal life, and criminal justice. Islamic principles have been implemented as criminal codes in certain countries like Pakistan, Iran, Saudi Arabia, and Sudan. Certain practices like alcohol consumption by Muslims are punished in Saudi Arabia and Iran. The Quran provides injunctions regarding the punishment of five crimes which are adultery, theft, murder, alcohol consumption, and banditry. Murder and banditry can be punishable by death while theft leads to the amputation of hands. Fornication and alcohol consumption can be punished by flogging. In cases of married people committing adultery, the sentence can be death by stoning. Despite the harsh nature of these punishments, the Quran actually places high standards of evidence which are essential for the prosecution of the crime (Bakhtiar, 178). Many countries also do not impose these punishments because of a set of legal procedures that make them difficult to prosecute. American laws are based upon the separation of church and state as the government does not favor any religion. The American legal system also provides complete freedom of speech, association, religion, bear arms, right to assemble, and prevent the federal government from interfering in the individual rights (Weaver, 35). The American system is based upon legislation as it