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Respond to each question with a 200+ response
Discuss two important decisions that can be facilitated by CVP analysis for a 500-bed hospital with a level-4 trauma center.
The CEO of Sunny Hospital believes that CVP is of limited use to his hospital. He states to you: “Most of our costs are fixed, and we cannot control fixed costs.” Provide a coherent critique of his statement.
“If a cost is fixed, it is nondifferential.” Comment and explain your thinking.
In your own words, explain two quantitative and two non-quantitative factors that are important when a hospital is evaluating an outsourcing decision.
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