The Primary Reason for Calculating Productive Hours Paid Instead of Simply

question 9

Multiple Choice

The primary reason for calculating productive hours paid instead of simply calculating work paid per year is that productive hours enable the manager to:

• A) anticipate total costs for patient care.
• B) know how much time staff will likely be unavailable because of illness.
• C) determine when orientation needs to occur for new staff.
• D) determine the number of hours available for patient care.

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Definitions:

Physical Resources

Tangible assets used by a company to operate and produce goods or services, including buildings, machinery, and equipment.

Differentiation Strategy

A business approach where a company seeks to distinguish its products or services from competitors through unique features.

Employee Skills

The specific competencies and abilities possessed by workers that enable them to perform their job duties effectively.

Strategic Planning

The process of defining a company's direction and making decisions on allocating resources to pursue this strategy.