Examlex
Being competent in the use of information technology (IT) in clinical practice is expected in professional nurses. Advanced practice competence includes the ability to:
Value-Based Pricing
A pricing strategy where the selling price of a product or service is based on the perceived value to the customer rather than the cost of production or market price.
Operating Cost
The expenses associated with the day-to-day running of a business, excluding the cost of goods sold.
Useful Life
The estimated duration a long-term asset is expected to be economically utilizable before it needs to be replaced or significantly overhauled.
Net Operating Income
The profit generated from a company's core business operations, excluding income and expenses from non-operational activities.
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