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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 competitor's methods and results a recognized method of benchmarking?
- A.Yes
- B.No
- C.Not applicable
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