Explain the difference between a PPO and an HMO
What will be an ideal response?
HMOs provide health care services in exchange for a monthly payment called a capitation payment. PPOs provide services to employers on a contract basis in return for reduced fees.
Business
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List the four types of responsibility centers. For each center, state the responsibility of the manager
Type of responsibility center Responsibility of the manager What will be an ideal response
Business
Whether the optimal level of product availability is high or low depends on where a particular company believes they can
A) minimize cost. B) maximize revenue. C) maximize profits. D) maximize product availability.
Business