Why Might It Be Desirable for an Enterprise Fund to Operate

question 115

Essay

Why might it be desirable for an enterprise fund to operate at a profit?

Address barriers to providing spiritual care and seek ways to overcome them.

Identify and understand the diverse cultural backgrounds of patients and their influences on health beliefs and practices.

Recognize the importance of cultural events and rites of passage in various communities.

Utilize effective communication strategies with patients from diverse linguistic and cultural backgrounds.

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Definitions:

Investment Center

A business unit within an organization that is responsible for its own revenues, expenses, and investments, and is evaluated on its return on investment.

Operating Assets

Assets that are used in the daily operations of a business to generate revenue, such as machinery, buildings, and equipment.

Controllable Margin

The portion of income that remains after deducting controllable expenses, indicating the earning performance that management can influence.

Controllable Costs

Expenses that a manager or business has the power to influence or change in the short term.