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Scenario 6-2
The shortage of professionals is a well-documented global issue occurring in countries with aging populations.As a result, an organization such as BCH, a health-care organization that oversees many diverse unionized health services in British Columbia, is experiencing staff shortages in nursing.Patients' waiting times have increased dramatically.Sixty percent of nurses will be eligible for retirement by 2022.Young graduate nurses are moving out of the province to health-care providers that are aggressively recruiting and providing new hires with incentives ranging from flexible work alternatives to educational funding support.Twenty percent of nurses are off the job due to illness or injury.Eighty percent of nurses are single parents, support an elderly parent(s) , or are a primary caregiver.BCH believes that becoming an "employer of choice" is a way to attract and retain its health-care professionals.
-Refer to Scenario 6-2.What is the process when a nurse forms the opinion during recruitment that he or she does not want to work for BCH
Price-Earnings Ratio
The price-earnings ratio (P/E ratio) is a valuation measure comparing the current share price of a company to its per-share earnings, indicating how much investors are willing to pay per dollar of earnings.
Market Price
The current price at which an asset or service can be bought or sold in the market.
Earnings Per Share
A financial ratio that measures the amount of a company's net income allocated to each share of common stock, indicating the company's profitability.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.
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