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omeli [17]
3 years ago
12

How did the organized medical profession manage to remain free of control by business firms, insurance companies, and hospitals

until the latter part of the 20th century? Please explain
Business
1 answer:
riadik2000 [5.3K]3 years ago
7 0

Answer and Explanation:

The regulated medical community continued to stay unregulated by corporate organizations, insurance companies, and clinics while retaining the right of doctors to remain uncontrolled from clinics and insurance firms maintained an important feature in Modern medicine.

Specific physicians engaging in private practice were disciplined by the medical profession and forced to leave these practices; freedom from corporate control further strengthened private enterprise and positioned physicians in an enviable competitive position with these organizations.

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iVinArrow [24]
The document a caterer uses to stipulate the terms, conditions, and contents of the services he or she will provide each client is called the A.) CLIENT AGREEMENT.

Client Agreement is a contract between the client and the contractor. Both parties will sign on the written client agreement contract and both are held accountable on the terms and conditions specified in the contract.
8 0
3 years ago
What will happen when I link two text boxes? When I click on the box, it will take me to a Web site. When the first box is full,
andreev551 [17]
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4 0
3 years ago
Read 2 more answers
The market value of​ Fords' equity, preferred​ stock, and debt are $ 7 ​billion, $ 2 ​billion, and $ 15 ​billion, respectively.
Stolb23 [73]

Answer:

Ford's weighted average cost of capital is 8.22 %

Explanation:

Weighted Average Cost of Capital (WACC) is the minimum return that the company expect from a project. It shows the risk of the company.

Calculation of WACC

WACC = Cost of equity + Cost of preferred​ stock + Cost of debt

Capital Source       Market Values     Weight      Cost      Total Cost

equity                         $ 7 ​billion          29.17%      13.6%       3.97 %

preferred​ stock         $ 2 ​billion            8.33%      12%          1.00 %

debt                           $ 15 ​billion         62.50%     5.2 %       3.25%

Total                          $ 24 billion                                          8.22 %

Cost of equity = Risk free rate + Beta × Risk Premium

                       =  4% + 1.2 × 8%

                       =  13.6%

Cost of preferred​ stock = Dividend/Market Price

                                       = $ 3/ $ 25 × 100

                                       = 12%

Cost of debt = interest × (1- tax rate)

                    = 8% × (1-0.35)

                    = 5.2 %

7 0
3 years ago
Explain why, in seeking to avoid financial crisis, the government's role as regulator of the financial system does not imply it
GREYUIT [131]

Answer: Market Efficiency

Explanation:

It is important that the Government as a regulator should not get involved in acts that would protect individual institutions from failure because that would defeat the whole purpose of a competitive industry.

If a government is known to directly involve itself in the protection of institutions from failure, efficiency in institutions may become low because of the lack of fear of failure as companies believe that should they run into bad times, they will simply be bailed out by the government so there is no need for them to maintain a competitive edge.

This can lead to a situation where we have companies performing sub optimally in an economy which can only act to reduce the Economic growth of a country.

Government institutions usually have such backing and in a lot of countries are prone to failure. Look at the Bamangwato Concessions Limited (BCL) mine in Botswana for instance that kept failing and refusing to improve it's efficiency because they could always run back to the government for a bailout. Their position eventually became so untenable that bankruptcy was the only option.

3 0
3 years ago
A multinomial probability distribution describes data that are classified into two or more categories when a multinomial experim
JulijaS [17]

The statement that “A multinomial probability distribution describes data that are classified into two or more categories when a multinomial experiment is carried out” is TRUE.

A multinomial experiment has 4 properties:

n repeated trials

various likely outcome

A specific outcome’s chance in happening is fixed

The tests are self-reliant. Meaning, whatever the result of one test won’t affect the results of the other tests.

5 0
3 years ago
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