Importance of Marie Curie Foundation in Providing Support to People with Terminal Illness

LITERATURE
REVIEW

Contents
ABSTRACT.....................................................................................................................................3
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................4
DATA PRESENTATION......................................................................................................4
MODEL AND THEORIES....................................................................................................7
DISCUSSION.........................................................................................................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11

ABSTRACT
The research paper states that the foundation deals in qualitative issues which state that
every person at the end of life cycle needs support, care and a helping hand. It explains that every
person who is approaching towards the end days of life needs strength to cope up from it. It helps
to understand the importance of being alive and to make your close one's protected and cherish
every moment you live with them (Aldwean, 2021). This research also gives an idea that life and
situations are unpredictable and everything must be planned in advance. It also helps foundation
to find new ways to help people and provide them with useful services on time. The research
focuses on influencing each person and society as a whole to think about their family, friends
and nearby people. It helps to provide how people can help others dealing with issues just by
giving some time, efforts and support. This report helps to understand the importance of being
aware about the conditions and situations prevailing in the environment. It helps to understand
the significance of being there with people in their last days or month and give them peaceful
environment, make them feel important and understand that they served their purpose right for
living a life. There have been many unpredictable situations nobody was ever prepared for such
as Corona virus which changed the structure of every company and also affected it’s working. It
not only affected people in quantitative aspects but in qualitative as well such as dealing with
depression and grief which seemed an easy deal but was quite tough to come out from. And this
therefore describes the need of such foundations around the globe.
INTRODUCTION
The report prepared below explains the strategy based issues and challenges that is tackled
by firm. It includes weak strategy planning, no proper training given to employees of company
which leads to inefficiency in performing work related activities (Chiappetta, Leuzzi, and
Sperduti, 2019). It also discusses limited availability of resources, no proper communication
channel, not able to evaluate progress of the firm. Connecting people to strategy is also
considered an issue and developing strategy to overcome same with time is a tough deal to crack.
Increasing e - commerce range of products also seem risky for the firm. Some citations and
quotations which can be highlighted under the name of Marie curie foundation are: “Nothing in
life is to be feared, it is only to be understood. Now is the time to understand more, so that we
may fear less”. And one more which gives best example of what company deals in is “Be less

curious about people and more curious about ideas”. The report also helps in bifurcating data in
qualitative and quantitative data as well which would help to focus on formulating better
strategies, manage resource limitations and sustain in the competition. This analysis of report
helps to get an idea about the working of foundation such as where it is lacking and lagging
behind. It also helps to find out strengths and weakness of company which would help them to
serve customers according to their taste and preferences
MAIN BODY
DATA PRESENTATION
Marie curie is the charitable organisation which is registered in UK. The main objective of
this organisation is to provide proper medicinal support to people who are suffering from
terminal illness (Fauzi, 2019). This organisation was established in 1948. After analysing the
financial figures of Marie curie specially ratio analysis following interpretation can be made: -
 After analysing the profitability ratio, the conclusion can be drawn that foundation has
higher profit margin in 2021 that is 20.30% as compared to previous years which is 2%
on an average or sometimes it is in minus also. The profitability is increased in current
year only (Feng, 2020). The reason for that can be funding which the organisation does
not get on timely basis and their expenses on treatment on patient has been increasing day
by day.
 Stock turnover ratio of Marie is higher and is constantly increases. As the reason cab be
the Covid 19 pandemic which affects the whole nation who are suffering from this.
Higher turnover ratio is not a good sign because it implies that the organisation is not
holding its employees as they are leaving the organisation on regular course of interval.
 Current Ratio measures the relationship between current assets and liabilities of the
enterprise. The ideal current ratio is 2 which implies that the current assets of the
organisation is just doubled of that to current liability. The formula of calculating the
same is (Current Assets / Current Liabilities).
 Acid Test Ratio also known as quick ratio. This ratio measures the liquidity of the
organisation to convert its assets into quick cash so that they can repay their current
liabilities. The formula of calculating the same will be (Current Assets – Inventory) /
Current Liability (Harris and Neely, 2021). The above calculation indicates that the acid