Some Hospitals in the United States Find That Their Need

question 174

Multiple Choice

Some hospitals in the United States find that their need for radiologists to read X-rays is volatile during the evening and early morning hours, especially between 2:00 and 6:00 a. m. This is because the number of emergency room visits needing X-rays is usually lower than those required during daytime operating hours. There is a recent trend where hospitals in the United States are contracting radiologists from countries such as Australia to read the electronically-transmitted X-rays during the evening and early morning hours. This is an example of

• A) outsourcing.
• B) licensing.
• C) franchising.
• D) contract manufacturing.
• E) contract sourcing.

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Definitions:

Bonus Compensation Plan

A reward system for employees based on performance, often seen as a way to incentivize exceeding targets or goals.

Income Taxes

Taxes imposed by a government on the income generated by individuals or entities, which can vary based on the income level and type.

Income Before Tax

The total earnings of a company before taxes have been deducted.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory. It is calculated as (Cash + Marketable Securities + Receivables) / Current Liabilities.