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Western Nursing Facility is experiencing falling occupancy and resultant losses. The Western administrator suggests adopting a benchmarking method that studies the methods and results of
Western Nursing Facility is experiencing falling occupancy and resultant losses. The Western administrator suggests adopting a benchmarking method that studies the methods and results of their prime competitor, the Golden Age Nursing Facility. Golden Age, located in the same town, is at nearly 95% occupancy and is profitable. Is examining your prime competitors methods and results a recognized method of benchmarking?
A. Yes
B. No
C. Not applicable
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