An Example of Cost Control Would Be

question 18

Multiple Choice

An example of cost control would be

• A) analyzing the cost and time savings of an automated pill counter
• B) comparing inventory requirements with or without a long-term care contract
• C) changing to an alternate supplier of less expensive prescription vials
• D) examining the pharmacy personnel salary requirements if pharmacy hours are extended

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Definitions:

Government-Owned Companies

Government-Owned Companies are businesses that are owned and operated by the government, rather than private individuals or organizations.

Private Equity Fund

A fund that pools money from investors to acquire equity ownership in companies with the goal of earning a return on the investments.

Factors

Factors are elements or conditions that are influential in determining outcomes.

Target Markets

Specific groups of potential consumers at whom a company aims its products or services, identified by demographic, geographic, and psychographic characteristics, or by purchasing behavior.