Shared Activities Can Increase the Revenues in Diversified Firms' Businesses

question 82

True/False

Shared activities can increase the revenues in diversified firms' businesses, and failure to exploit shared activities across businesses can lead to out-of-control costs.

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Definitions:

Establish

To set up, found, or initiate something on a firm or permanent basis.

Standards of Practice

Guidelines or benchmarks that outline the expected conduct and procedures within a professional field.

Joint Commission

An independent, not-for-profit organization that accredits and certifies nearly 21,000 health care organizations and programs in the United States, focusing on improving health care quality and safety.

Nursing Practice

The profession or practice of providing care for the sick and infirm, guided by health science, theory, and research.