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Ford Case Study Analysis
Ford Case Study Analysis
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Any effective entrepreneur or financial specialist is always assessing the execution of the organizations they are included with, contrasting chronicled figures and its industry rivals, and even with fruitful organizations from different businesses (Rangan & Lee, 2011). To finish an intensive analysis of any organization’s adequacy, notwithstanding, a greater number of requirements to be taken a gander at than the effortlessly feasible numbers like deals, benefits, and aggregate resources. Fortunately, there are numerous decently tried ratios out there that make the assignment a bit less overwhelming. Financial ratio analysis aides distinguish and measure an organization’s qualities and shortcomings, assess its financial position, and shows potential dangers (Gertler & Kiyotaki, 2010).
Similarly as with some other type of analysis, financial ratios aren’t complete and their outcomes shouldn’t be seen as the main potential outcomes. Then again, when utilized as a part of conjuncture with different business assessment forms, financial ratios are significant. By analyzing Ford Motor Company’s financial ratios, alongside a couple of other organization considers, this report will give an agreeable picture of how the organization is getting along now and ought to do later on.
This is a trend table of Ford’s financial ratio for the previous five years: Ford Motor Co. (DE)
Ratios 12/31/2004 12/31/2003 12/31/2002 12/31/2001 12/31/2000
Return on Equity (%) 21.65 7.6 5.18 -60.04 29.07
Return on Assets (%) 1.19 0.29 0.1 -1.97 1.9
Return on Investment 8.13 5.62 5.87 2.23 11.24
Gross Margin 0.021 0.021 0.023 0.02 0.026
Operating Margin (%) 6.22 4.94 5.56 2.07 10.42
Net Profit Margin (%) 2.03 0.3 -0.6 -3.36 2.04
Quick Ratio 0.29 0.35 0.35 0.21 0.19
Current Ratio 0.48 0.53 0.52 0.32 0.22
Working Capital/Total Assets -0.20 -0.23 -0.14 -0.17 -0.19
Total Debt to Equity 9.12 12 24.21 18.12 7
Long Term Debt to Assets 0.32 0.37 0.40 0.42 0.32
Interest Coverage 1.72 1.12 1.10 0.8 1.75
This is a trend table of industrial average financial ratio for the previous five years in comparison: Industry Averages
Ratios 12/31/2004 12/31/2003 12/31/2002 12/31/2001 12/31/2000
Return on Equity (%) 16.22 8.65 -80.32 –0.41 21.06
Return on Assets (%) 2.34 0.68 -1.88 3.46 3.87
Return on Investment 8.13 5.62 5.87 2.23 11.24
Gross Margin 0.021 0.18 0.18 0.18 0.023
Operating Margin (%) 5.11 4.04 -5.56 7.07 8.42
Net Profit Margin (%) 2.83 1.43 -0.69 3.39 3.22
Quick Ratio 0.89 0.55 0.73 0.73 0.70
Current Ratio 1.23 1.34 1.11 1.87 1.44
Working Capital/Total Assets 0.12 0.12 0.02 0.05 3.21
Total Debt to Equity 7.12 10.87 18.21 15.11 9.12
Long Term Debt to Assets 0.32 0.46 0.93 0.98 0.21
Interest Coverage 8.82 2.00 0.88 -1.23 5.64
The analysis of these ratios shows how Ford stands as a company for the past five years.
Return on equity (ROE)
Uncovers the amount of benefit an organization earned in analysis to the aggregate sum of shareholder value on the asset report. For long haul contributing with awesome prizes, organizations that have exceptional yield on value ratios can give the greatest adjustments. This ratio additionally tells speculators how viably their capital is being reinvested, so it is a decent gage of administration’s cash taking care of abilities. Passage is demonstrating an impressive turn around here this previous year, which could without much of a stretch be because of changes in administration. They are additionally sensibly emulating the business around there.Return on assets
(ROA) tells the amount of benefit an organization creates for every dollar in resources. It quantifies the advantage power of a business. They bring down the benefit every dollar of advantages, the more resource escalated the business is. Passage is resource serious, in light of the fact that it requires enormous, costly supplies to produce benefit. This implies more cash must be reinvested into the organization to keep on producing profit. Despite the fact that their lower number is depicted in resource force, Ford is reliably falling a couple of rate focuses underneath the business normal here. This could be a thought against the organization.Return of investments
(Return of investments) ratio measures the consolidated impacts of overall revenues and aggregate resource turnover. This ratio analyzes the way an organization produces benefits, and the way it uses its resources for create deals. In the event that advantages are utilized successfully, ROI will be high. As indicated by Ford’s numbers, this has been a region of slow change over the recent years, after a radical drop from 2000 to 2001. This is the standard for the business, also. Worker evaluating advancements will be an enormous thought here during the current year.
Gross margin
Has a tendency to stay steady over the long haul. Be that as it may, this ratio is still essential to assess, on the grounds that changes can be an indication of extortion or unpredictable financials. A higher horrible edge than different organizations in the business likewise indicates more proficiency. Passage’s consistency in this ratio praises the organization’s steadiness. The way that the organization is reliably in front of the business additionally talks very of Ford’s productivity rate.
Working edge likewise measures administration’s productivity. It does as such by looking at the nature of an organization’s operations to others in the business. A higher working edge has a tendency to mean lower altered expenses and better horrible edge. This gives administration more adaptability when setting costs, which is especially vital amid times of financial hardship. This is an alternate region where Ford is abating turning things around. It is no astonishment, however, that the organization is additionally fairing above industry midpoints around there.
Net profit margin
Is what amount of benefit an organization makes for each dollar it produces in income? Ordinarily, the higher the organization’s net revenue, the better. In any case, there are instances of lower net revenue numbers being an indication of an organization’s evaluating technique or a value war. This is the first unmistakable indication of Ford’s numbers coming back to the gainfulness of 2000. While the organization is fairing marginally lower than the business normal around there, it is barely sufficiently huge to warrant a lot of a cautioning.Quick ratio
Is the hardest gauge of an organization’s liquidity and quality? It takes a gander at an organization’s benefits, discovers what can be quickly changed over to money, and partitions that by the organization’s liabilities (Woodford, 2010). This tells the amount of money an organization can think of in a matter of hours or days.Current ratio
Is a comparable test to speedy ratio, yet it ascertains what number of dollars in resources are prone to be changed over to trade inside one year in for cold hard currency request to pay obligations that come due amid that same year. Excessively high a number, in the same way as a 3 or 4, implies that there is an excessive amount of money close by that is not being reinvested. A number beneath 1, in the same way as that of Ford’s, implies that there is a negative working capital. This is adequate if the stock can instantly be changed over to money. On the other hand, in both brisk and current ratios, Ford is falling enough underneath industry midpoints for it to issue some worry.The working capital ratio
Uncovers all the more about the financial state of a business than different figuring. It makes it simple to predict any financial challenges that may emerge. For Ford’s situation, the turnover is not brisk enough not to keep a working capital save if there should arise an occurrence of financial hardship. The business normal falls rapidly behind this hypothesis with short of what a rate point contrast for as far back as five years.
Working capital ratio measures the amount of cash an organization ought to have the capacity to acquire over drawn out stretches of time. The ordinary level of obligation fluctuates, however any organization more than 40 to half ought to be taken a gander at all the more precisely on the off chance that there are fluid issues. Passage is fit as a fiddle around 8% this previous year in analysis to the 25% of 2002. This is yet an alternate zone where Ford is just after industry midpoints.
Long haul obligation to resource ratio can give valuable data with respect to the extent to which that organization funds its advantages with long-term obligation. It can serve as an option for assessing financial influence. Portage conveys such a low rate in this specific ratio, there is more influence. A large portion of the business falls under the level of influence here.
Interest coverage ratio
Is an estimation of the quantity of times an organization could make its advantage installments with its income before investment and assessments? They bring down the ratio an organization has, the higher the organization’s obligation trouble. This ratio gives stockholders a reasonable picture of the fleeting financial capacities (Doyle, Ge & McVay, 2007). At present, Ford is not experiencing issues producing the money to pay its advantage commitments, yet they are not about as secure as whatever remains of the business for the past few years.
The greatest component, adjacent to ratios, that needs to be considered in assessing Ford at this moment is the overwhelming outside business. Toyota is a prime illustration, as they are pushing some way or another to the number three spot in the United States car industry. The mind-boggling value climbs in human services of the years has gradually and most likely injured the American car industry in their endeavors to meet the annuities of all their past workers. This is not an issue for outside organizations, who have national social insurance frameworks set up. Unless things turn around, this shortage will cover the US car industry.
The key new activity for Ford, and additionally whatever is left of the business, is in creating half breed vehicles. Fuel effectiveness is an objective of the nation all in all, and President Bush has conferred a lot of cash towards this exploration. Notwithstanding, the lull in congress has not delivered the cash needed to do the innovative work for the huge three in the auto business. The few half and half vehicles that exist are scarcely an answer, nor are they paying for themselves in the fantastic plan of things yet.
From this investigation of Ford, now would not be a prime time to put resources into this organization. As opposed to the good faith of the yearly report, the American car industry’s battle is not over. While the numbers have started to turn around marginally over the past few years, Ford still has far to go. The innovative work alone that is obliged to support the auto business into its own particular is still years from execution (Kashyap, Stein & Hanson, 2010). While the financial ratios don’t warrant safeguarding boat for those that have officially put resources into this battling industry, present and future fuel issues will make it increasingly hard for any of the huge three to be effective. Besides, the financial trouble of paying American annuities cuffs the once auto goliaths from sifting more cash towards headway.
The DuPont Analysis.
An end to end strategic analysis technique of an organization ought to be done to spotlight on the accompanying essential points of view of the business. The business standard strategy for financial execution observing of Ford is to keeping a nearby look on the essential ratios of the organization:
Profit Margin
Net Income
= PM =
Sales (Total Revenues)
Sales (Total Revenues)
Total Asset Turnover = TAT = Total Assets
Return on Investment = ROI = Profit Margin X Total Asset Turnover
Net Income Sales (Total Revenues)
= X Sales (Total Revenues) Total Assets
Net Income
=
Total Assets
Total Assets
Equity Multiplier = EM =
Total Equity
Return on Equity = Profit Margin X Total Asset Turnover X Equity Multiplier
= Return on Investment X Equity Multiplier
Net Income Total Assets = X Total Assets Total Equity Net Income = Total Equity These five discriminating ratios are on the whole dissected in the DuPont model which is broadly utilized by Finance Managers and Consultants around the world. The last yield of DuPont analysis is the Return on Equity.
The flow chart for the DuPont Analysis of Ford
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References
Doyle, J. T., Ge, W., & McVay, S. (2007). Accruals quality and internal control over financial reporting. The Accounting Review, 82(5), 1141-1170.
Gertler, M., & Kiyotaki, N. (2010). Financial intermediation and credit policy in business cycle analysis. Handbook of monetary economics, 3(3), 547-599.
Kashyap, A. K., Stein, J. C., & Hanson, S. (2010). An analysis of the impact of ‘substantially heightened’capital requirements on large financial institutions.Booth School of Business, University of Chicago, mimeo.
Rangan, V. K., & Lee, K. L. (2011). Ford Motor Company: Strengthening the Dealer Network. Harvard Business School Marketing Unit Case, (511-132).
Woodford, M. (2010). Financial intermediation and macroeconomic analysis.The Journal of Economic Perspectives, 21-44.
Forced Migration Asylum Seekers being dispersed.
Forced Migration: Asylum Seekers being dispersed.
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Forced Migration: Asylum Seekers Being Dispersed.
Introduction
Forced migration is the movement of persons from their areas of residence for various reasons such as invasion, war, and lashes. Many of the displaced persons become refugees in the foreign countries. Voluntary migration is where people move from their countries of origin willingly to look for jobs or join their relatives in the other countries (Bloch, & Schuster 2005). The objective of this research is to analyse the forced migration from Palestine to the other parts of the world and the UK. The other activity will be collecting and analysing the data with respect to the number of asylum seekers in the UK. Human rights interventions on forced migration will be an area of importance in this research. The other area of this research will be the analysis of the dynamics of contemporary forced migration
Data on Forms Forced Migration in Palestine (2006-2012)
There are various forms of forced migration in the world, which can lead to internal or external movement of persons from their country of origin. Some of the forms of forced migration in Palestine to the UK are forced population are population transfer due to wars and conflict that saw 20,000 persons undergo displacement from Palestine to the other countries. The others are ethnic cleansing with 24,000 people, internally displaced people 230,000, and developmental displaced persons were 68,000. The other forced immigrants were the smuggled persons 21,000, trafficked persons 12,000 and environmental and disaster displaced 76,000 people. The asylum seekers to the other countries and the UK were 56,000, which is quite a big number (Castles, & Miller 2003). Looking at the figures Palestine’s forced migrants are very many, and the concerned parties such as the human rights organizations should intervene. Neighbouring countries should also offer assistance in the form of accommodation and refuge for the migrants.
Data Analysis and Presentation
Form of Forced Migration Number of Forced Migrants
Population transfer due to conflicts and wars 20,000
Ethnic Cleansing 24,000
Asylum seeking people 56,000
Internal displacement 68,000
Smuggling 21,000
Human trafficking 12,000
Displacement by disaster and environmental factors 76,000
Table showing the number of forced migrants from Palestine 2006-2012 (Castles, 2004)
From the table, the number of forced migration from Palestine is quite high, with displacement due to disasters being the highest with 76, 000 persons followed by the internally displaced persons with 68,000 persons. The ethnic cleansing displaced 24,000 while the asylum seekers were 56,000, which represent a high number of forced migrants from that country. Human smuggling stood at 21,000 while forced migration due to human trafficking was the lowest at 12,000. From the results, it shows that displacement of people from Palestine is quite high and needs immediate intervention by different governments and human rights groups.
Data representation
EMBED MSGraph.Chart.8
A graph showing the number of forced migrants from Palestine.
Nature and Scope of Forced Migration from Palestine
Forced migration is very high in Palestine with the majority of those, who suffer most being women and children. Most of the migration in Palestine is involuntary, and a few cases are voluntary. Forced migration in Palestine is rampant with many cases of human, trafficking and, ethnic cleansing, and religious conflict being the major causes (Cohen, 2001). There are many internally displaced persons in Palestine, who escaped their residential areas because of the internal wars and the conflict between Palestine and Israel. Majority of internally displaced persons depend on humanitarian groups for the basic communities, such as food and clothing. There are many scholars for Palestine spread all over the world, and one of the contributors to their large numbers is the forced transfer of people. There are very many internally displaced persons in Palestine, due to Israel- Palestine conflicts, who live in refugee camps and depend on the humanitarian groups for their basic commodities. There are many adolescents migrants in the camps, with most of them exposed to human violence and violation of their rights (Giddens, 2009). Forced migration is widespread in many parts of the country, with many of the migrants seeking refuge in West Bank, Syria, and many other neighbouring countries.
Human rights situation of forced migration in Palestine
The massive forced migration of persons from Palestine raised many concerns of the humanitarian groups especially the international groups as it involved the violation of human rights. The human rights activists have a lot of concern for the displaced persons in Palestine as they offer protection to the internally displaced persons in the country. However many human rights groups, especially the international groups take the mandate of providing the IDPs with their necessities (King, Black, Collyer, Fielding, & Skeldon 2010). The human rights organize seminars and forums for the IDPs and provide a chance for the refugees to interact and discuss their challenges that they face on a daily basis. There are other international human rights groups, which collaborate with the Palestinian human rights group to come up with programs for the forced migrants. The Palestinian human rights centre facilitate and coordinate programs for refugees such as seminars and income generating projects to help the displaced persons in coping with the life challenges. One of the international bodies that assist Palestinian refugees is the United Nations High Commissioner for Refugees UNHCR, which deals with forced migration affecting many countries. The other one is the United Nations Relief and Workers Agency for Palestine Refugees, who offer support to the Palestinian refugees in the Middle East UNRWA (Sigona, & Hughes, 2012). UNRWA has the mandate of ensuring that the refugees and other forced migrants have the basic needs and rights protection.
The extent of asylum applications in the UK and the cases of Human trafficking from Palestine
Research shows there are many asylum seekers in the UK, who come from Palestine and require assistance and protection by the government agencies. Many of the asylum seekers are children, who sometimes have no one accompanying them (King, 2002). Most of the children lost their parents or separated during the Palestine-Israel crises. The other group of persons seeking asylum were the youths, of which most of them did not have any training or skills. Another category was that of women with children and men who needed urgent help. The total number of applications received was 2818, out of which 1236 got approvals King, 2002). The cases of human trafficking from Palestine in the UK is growing at a high rate, with most of those trafficked working as domestic workers and prostitutes. Majority of the asylums and the trafficked people are in major UK towns working as casual labourers and domestic workers. Majority of them report that they got promises of working in industries and restaurants, only to end up in peoples’ homes to work as house helps and gardeners.
Dynamics and forms of contemporary forced migration
There are many forms of contemporary migration all over the world, with which leads to massive movement of people in their country or outside their country’s borders. Some of the forms of forced migrations are
Conflict -induced displacement where people leave their country if they feel that the state cannot offer protection to them (King, 2002). Some of the conflicts experienced in many countries are civil war, violence, discrimination in terms of race, social, or religion. Another form of forced migration is the development-induced displacement that involves people moving because of implementation of development projects. The projects may include railways, roads, airports, and environmental conservation, which cause internal displacement. The third forced migration is the Disaster-induced migration, in which people move away from their residents because of calamities, such as floods, landslides, earthquakes, and desertification (King, 2002). The other form is the human trafficking and smuggling, where some people take individuals out of their countries by promising them jobs and good life. Countries with internal migration should come up with policies to assist the displaced by compensating them for their land and buildings. Human rights groups should also offer assistance by addressing the root causes of forced migration and taking the right action such as prosecution of the perpetrators. An example where the perpetrators of internal displacement faced prosecution was in Kenya, during the 2007 election chaos (King, 2002).
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Conclusion
Forced migration is a serious problem that faces many countries in the world. The rate of forced migration is increasing day by day due to various reasons such as conflict, human trafficking, natural disasters, and internal wars. The major causes of forced migrations in the Palestine are wars and conflict with their neighbors, such as the Israel and religious conflicts between the Christians and the Muslims. The children and the young people are the ones who suffer most whenever there is the forced migration. The human rights in Palestine and the UN are the major Humanitarian groups, who deal with the migrants and make sure they get the basic needs. There are various dynamics and forms of forced migration in the world such as conflict-induced migration and human trafficking among others. The area of forced migration is under-researched and, therefore, there is the need for more researchers to come out and find more information regarding forced migration.
References
Bloch, A. and Schuster, L., 2005. At the Extremes of Exclusion: Deportation, Detention and Dispers, Ethnic and Racial Studies, 28 (3), 491-512.
Castles, S. and Miller, M., 2003.The Age of Migration: International Population Movements in the Modern World, Basingstoke: Palgrave Macmillan.
Castles, S., 2004. Why migration policies fail Ethnic and Racial Studies, 27 (2), 205-27.
Cohen, S., 2001. States of Denial: Knowing about Atrocities and Suffering, Cambridge: Polity Press.
Giddens, A., 2009. Sociology, Cambridge: Polity Press
King, R., Black, R., Collyer, M., Fielding, A. and Skeldon, R., 2010. The Atlas of Human Migration: Global Patterns of People on the Move, Brighton: Earthscan
Sigona, N. and Hughes, V., 2012. No Way Out, No Way In: Irregular Migrant Child and Families in the UK, Oxford: Centre on Migration, Policy and Society (COMPAS), University of Oxford.
King, R., 2002.Towards a New Map of European Migration, International Journal of Population Geography, 8, 39-106.
For years, the focus of stem cell research has hit the center of the media with expert arguments on both sides of this contro
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Introduction
For years, the focus of stem cell research has hit the center of the media with expert arguments on both sides of this controversial topic. Stem cells have been on the map as the link to possibly curing life threatening and life altering diseases by hopes of manipulating cells to become any cells of desirable quality. This advancement could cure any disease or illnesses ranging from mental disabilities to cancer. With, significant resources and efforts going into the research, many argue that the millions of funds going toward stem cell research can assist other social and economic sectors that require financial help. Millions of dollars have been directed towards stem cell research in hope to better human future, but with these biological advances in science, researchers argue to lengths with regard to the relative moral concerns.
In his review, Phillips defined stem cells as cells that are found in the multi cellular organisms and those that are capable of renewing themselves through a process of mitotic cell division and differentiating into diverse range of specialized cell types (1). He spelt out that there are two broad types of mammalian stem cells; embryonic stem cells and adult stem cells. Scientific evidence ascertains that stem cells have various functions in both the adult and the developing embryo. In the developing embryo, the cells have the ability to differentiate into various embryonic tissues which aid in the development of the same.
Embryonic cell systems are cells derived from the tissue of the cell of an earlier stage embryo approximately four to five days old and it consists of fifty to a hundred and fifty cells.
Differentiating embryonic cells into usable cells while avoiding transplant rejections are just a few of the hurdles that embryonic stem cell researchers still face. Because of their combined abilities of unlimited expansion and pluripotensy, these cells remain a theoretically potential source for regenerative medicine and tissue replacement after injury or disease.
From a moral standpoint, the procedure has raised different ethical as well as scientific issues. (New York Times, 1). While conventional studies argue that the technology is essential in eliminating pain and saving the lives at risk, some maintain that the process undermines the welfare of other individuals. However, a significant percentage of the populations justifies its use and believes that the rewards are worthwhile. Persons advocating for this technology tend to derive their view points from the moral standing that indicates that since the embryos lack the capacity to feel pain and suffering, they should not be treated as humans. In other words, the conception of pain and suffering plays a primal role in determining the status of these individuals in the society. Furthermore, they cite that according the embryos the fundamental moral status can undermine the application of different fertility programs. Presumably, this can have diverse social, economic and psychological impacts that can threaten the harmonic functioning of the entire society (Reaves1)
From a religious point of view, pro arguments ascertain that a fertilized egg that is living in isolation cannot be considered a moral being. As such, it needs not be treated as a normal human being. It is in this regard that they perceive the procedure to be morally acceptable as it enhances holistic human wellbeing through perpetuating a great degree of happiness.
In the life of an adult, the stem cells act as the repair systems of the body, replenishing specialized cells while maintaining the normal turnover of regenerative organs, such as blood, skin or intestinal tissues. In his research Bohlin indicates that this occurs because the cell has the property to divide and create another cell like itself and also divide and create a cell more differentiated than it (1). This cell types are known as somatic and they are found in both adults and children.
Scientists such as Steenblock show that most adult stem cells are lineage-restricted and are generally referred to by their tissue origin, adipose, derived stem cell (1). It is further contended that stem cells have been successfully used for many years to treat leukemia and related bone/blood cancers through bone marrow transplants. Further, mature stem cells are employed in treatment of tendons and ligament related infections in horses and cattle. In his consultative review, Forman ascertains that the use of adult stem cells is not controversial as the embryonic plant cells because it does not involve the destruction of an embryo and also because in some instances it can be obtained from the intended recipient (3).
The advantages of using cell stem research are wide and varied. To begin with, the procedure provides for medical benefits in the field of therapeutic cloning and regenerative medicine, Rosenthal cited that it also provides great potential for discovering treatment and cures to a plethora of diseases including different kinds of cancer and parkinson’s disease amongst others (1). Besides treatment of diseases, stem cloning provides for a means by which limbs and organs could be grown in a lab from stem cells and then used in transplants. Scientists and doctors would also derive huge benefits from this as they would be able to test millions of potential drugs and medicine, without the use of animals or human testers. This will necessitate a process of stimulating the effect the drug has on a specific population of cells. It is instrumental as it would ascertain if the drug is useful or has any problems.
In her speech at Virgin Health Bank, Rosenthal quoted that stem cell research also benefits the study of development stages that cannot be studied directly in a human embryo. Notably, this is sometimes linked to major clinical consequences such as birth defects, pregnancies loss and infertility (1). Arguably, a more comprehensive understanding of normal development would ultimately allow the prevention or treatment of abnormal human development. This technology has also been accredited for eliminating the implications of aging and enhancing the quality of human life. This is attained through the enhancement and prolonging of one’s life. Stem cell research has already initiated a host of treatments that help slow the aging process, and a bonus of further stem cell research is a possible ‘cure’ for aging altogether.
An advantage of the usage of adult stem cells to treat disease as cited by Kinsley is that a patient’s own cells could be used to treat a patient (1). Risks could be reduced significantly because patient bodies would not reject their own cells. Finally, embryonic stem cells can develop into any cells of the body, and may then be more versatile than adult stem cells.
Basically, scientific research contends that Umbilical cord blood shows promise for Adults. The disadvantage of using embryonic stem cells is that it involves that destruction of blastocytes formed from laboratory-fertilized human eggs. From an ethical view point, Bohlin believes that life begins at conception and therefore the blastocyte is a human life and destroying it is immoral and unacceptable (1).
Considering the fact that it is a new form of technology, the extent of the implications to the society is not conclusive. Nonetheless, emergent research ascertains that embryonic stem cells may also not be a solution for all animals. According to New York Times, stem cell therapy is effective in treating cardiac related complications (1). In particular, this has the ability to make coronary arteries become narrower.
Conclusion
In conclusion, the ensuing debate has prompted authorities around the world to seek regulatory frameworks and highlighted the fact that stem cell research represents a social and ethical challenge. The recent development of stem cell technology has been called a bypass of the legal controversy. Laws limiting the destruction of human embryos have been credited for being the reason for development of the stem cells, but they are less efficient and reliable than natural cells. Different approaches are currently being developed in a bit to address the problems through elimination of mutations. The relative moral controversies have also raised varied concerns with regard to employment of technology for vital functions.
Works cited
Chan, Sewell. “Saving Blood Cells from Umbilical Cords.” New York Times Company (2007), Retrieved 12th April 2010, from: <http://cityroom.blogs.nytimes.com/2007/06/22/saving-blood-cells-from-umbilical-cords/?scp=2&sq=umbilical%20cord%20stem%20cells&st=cse>.
Forman, Lillian. Stem Cell Research. Edina, Minn: ABDO , 2008. 112. Print.
Jennifer Reaves. Debate over Stem Cell Research. Retrieved 25th April, 2010, from: http://www.time.com/time/health/article/0,8599,167245,00.html
Michael, Kingsley. The Controversies of Stem Cells. Retrieved 25th April, 2010, from: HYPERLINK “http://www.time.com/time/magazine/article/0,9171,1101040531-641157,00.html” http://www.time.com/time/magazine/article/0,9171,1101040531-641157,00.html
New York Times.”In Studies, Umbilical Cord Blood Shows Promise for Adults .” New York Times Company (2004 ), Accessed 11th April, 2010, from: <http://query.nytimes.com/gst/fullpage.html?res=9407EED6153EF935A15752C1A9629C8B63>.
Ray, Bohlin. Stem Cell Controversies. Retrieved, 22nd April, 2010 from: HYPERLINK “http://www.leaderu.com/science/stemcellresearch.html” http://www.leaderu.com/science/stemcellresearch.html
Rosenthal, Elisabeth. “At Virgin Health Bank, parents can store babies.” NewYork Times Company (2007). Retrieved 11th April, 2010, from: <ttp://www.nytimes.com/2007/04/03/world/europe/03iht-stem.4.5130301.html?_r=1&scp=5&sq=umbilical%20stem%20cells&st=cse>.
Steenblock, David, and Anthony G Payne. Umbilical Cord Stem Cell Therapy. Laguna Beach, CA: Basic Health publication, 2006. 178. Print.
Stolberg, Sheryl Gay. “Obama Lifts Bush’s Strict Limits on Stem Cell Research.” New York Times Company (2009). Retrieved 13th April, 2010 from: <http://www.nytimes.com/2009/03/10/us/politics/10stem.html?scp=9&sq=umbilical%20cord%20stem%20cells&st=cse>.
Thererssa, Phillips. Pros and Cons of Stem Cell Research. Retrieved 22nd April, 2010 from: HYPERLINK “http://biotech.about.com/od/bioethics/i/issuestemcells.htm” http://biotech.about.com/od/bioethics/i/issuestemcells.htm