While the Favorable Demographics of the U

question 60

Multiple Choice

While the favorable demographics of the U.S.and most developed economies would seem to provide significant business opportunities in health care,managers must balance this with the risk from what?

• A) Under health care reform, the government is going to ration health care.
• B) The "flat world" tells us that even medical care will be sent off-shore.
• C) The reimbursement rates for specific procedures will likely go down.
• D) The weight of competition will keep profit margins low.

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Definitions:

Inventory

The raw materials, work-in-progress products, and finished goods that are considered to be the portion of a business’s assets that are ready or will be ready for sale.

Price Decline

Price decline refers to a decrease in the value or cost of an asset or commodity over a period, often influenced by market conditions or changes in supply and demand.

Write Down

The reduction in the book value of an asset when its fair market value has fallen below its current book value.

Accountants

Professionals who perform accounting functions such as audits or financial statement analysis according to prescribed methods.