______________ Relates to Whether or Not the Capital Item Is

question 5

Multiple Choice

______________ relates to whether or not the capital item is for the replacement of current equipment, expansion of current technology, or expansion into a new technological field.

• A) The Hospital's Mission
• B) The Hospital's Strategic Plan
• C) Hospital Business objectives
• D) The Operations and Strategic Plan
• E) The Capital Budget

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Definitions:

Lost Wax

A method of metal casting in which a molten metal is poured into a mold that has been created using a wax model, which is then melted away and lost.

Repoussé

Formed in relief by beating a metal plate from the back, leaving the impression on the face. The metal sheet is hammered into a hollow mold of wood or some other pliable material and finished with a graver. See also Relief.

Drilling

The process of making holes in a solid substrate by using a rotating tool called a drill, often used in construction, manufacturing, and resource extraction.

Price Discrimination

The business practice of selling the same good at different prices to different customers.