In B2C,the Sellers Are Organizations,and the Buyers Are Individuals

question 37

True/False

In B2C,the sellers are organizations,and the buyers are individuals.B2C is also called e-tailing.

Understand the significance of health care legislation and regulatory acts.

Identify the role and impact of various health care provider organizations.

Understand the importance of quality improvement and consumer protection in health care.

Recognize the role of complementary and alternative therapies in the health care system.

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Definitions:

Activity-Based Costing

A pricing strategy that pinpoints various tasks within a company and allocates the expenses of each task to every product and service based on their real usage.

Idle Capacity

The condition where equipment or workspaces are not being used to their full potential, often resulting in inefficiency and lost productivity.

Resource Consumption

The usage of resources such as materials, labor, and energy in the production of goods or services.

Activity-Based Costing

A cost distribution method that assigns overhead and indirect expenses to pertinent products and services based on their activity requirements.