Question

True or false 1. profit and non profit hospitals have cultural and operational approaches to scale...

True or false

1. profit and non profit hospitals have cultural and operational approaches to scale and operational differences?

2. financial matters are the fundamental difference between profits and non profits hospitals?

3. non profits survives on investments while profits are serviced orientated ?

4. profits hospitals generates returns for investors?

5. non profit hospitals are service orientated?

Homework Answers

Answer #1

1.The given statement is true. Profit and non profit hospital operates on different approach.

2.The given statement is True. Profit organisations make huge profits and also many investors invest in such hospitals. But non profit hospitals usually do charitable works.

3.The given statement is false. Non profit hospital is service oriented while profit hospital survives on investment.

4.The given statement is True. Those investors invested in profit hospitals get returns by the hospitals.

5.The given statement is true. Non profit hospitals are built with the motive of doing charitable works and are thus service oriented.

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