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QUESTION
- Economics is the discipline that deals with the consequences of resource scarcity.
True
False -
- Owners of for-profit hospitals expect a
return on their investments. These expenses and profits are included in various fees, these fees are called?
A.
Risk shifting
B.
Premiums
C.
Profits
D.
Average losses
- Owners of for-profit hospitals expect a
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- What is the relationship between Ethics and Business? Please use examples from current events as it relates to business, economics, and society. Is ethics necessary for leadership or is leadership necessary for ethics? Why do we need to be able to convincingly explain why something should be viewed as right and fair? explain it at least in 300 words pleaseDescribe the Trial and Error Process?The goal of this activity is to help you better understand how the rational decision-making process applies in a realistic workplace scenario. First, hover over each term or phrase to read the description. Then, click and drag each term or phrase into the correct place in the rational decision-making process. Measuring performance Identify the problem or opportunity Consultants. Inclusive or exclusive Generate alternative. solutions Inclusive or exclusive Consultants Collecting data Evaluate alternatives and Implement and evaluate the solution chosen. select a solution Measuring performance Collecting data Reset 4
- The actual or exact rate of interest on a principal over a period is called a. tax b. effective interest rate c. inflation d. minimum attractive rate of return e. nominal rate Which does not describe the decision tree? a. Certain b. Sequential c. Probabilistic d. Graphical If the benefit-cost ratio is 0.5, this means: a. benefit is 50% more than its cost b. benefit is unjustifiable by 50 % c. cost is higher twice than benefit d. the cost is half of the benefitWhere does the profit/loss rectangle go? Also, the price and drop downs. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.When traditional absorption costing is employed, which of the following is false? A. In a multi-product organization, product costs are properiy reported for financial reporting purposes B. In a single product organization, product costs are properly reported for financial reporting purposes C In a multi-product organization, product costs are accurately reported for decision-making purposes D. In a single product organization, product costs are accurately reported for decision-making purposes E. None of the above
- What is the difference between DIVERSIFICATION and INDUSTRY SPECIFIC?Output from a process contains 0.02 defective unit. Defective units that go undetectedinto i nal assemblies cost $25 each to replace. An inspection process, which would detectand remove all defectives, can be established to test these units. However, the inspector,who can test 20 units per hour, is paid $8 per hour, including fringe benei ts. Should aninspection station be established to test all units?a. What is the cost to inspect each unit?b. What is the benei t (or loss) from the inspection process?Padico , Inc., has struggled to meet projected revenues for each of the past ten quarters. The firm hired Mark Adams to design a control system and offer suggestions to improve the firm's performance. Which of the following is a key activity that the proposed control system should perform? a. performance measurement b. corporate governance c. organizational structuring d. organizational planning Clear my choice
- Figure QZ6-1 Quantity (Hospital days) Total Costs (TC) $ 200 $ 400 $800 $1400 $2200 $3200 $4400 $5800 $7200 $8600 Total Revenue Price Profit (TR) $900 $900 $900 $900 1 4 $900 $900 $900 $900 $900 $900 7 8 3. Refer to Figure QZ6-1. Assume the output is days of hospital care. If the hospital is an investor-owned institution, what is the profit-maximizing output level? A) 2 hospital days B) 4 hospital days C) 6 hospital days D) 8 hospital dayswhat are the numbers that go in the cost table A through L Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Explain the Trial-and-error method?