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A medical-surgical unit utilizes a group of nurses and patient care assistants to determine ways to reduce the number of falls in the unit. They conduct Internet research to locate best practice interventions. They create fall risk alerts in the unit, and they implement hourly rounding to assess the need for toileting. After putting these small changes into place, they will evaluate the data to determine effectiveness. This project is an example of:
Cost Price
The total cost incurred to produce or purchase an item before any markup or selling expenses are added.
Operating Expense
Expenditures that a business incurs through its normal business operations.
Operating Profit
Earnings before interest and taxes (EBIT), representing the profit a business makes from its operations.
Selling Price
The amount for which a product or service is sold to the customer.
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