Tell how a PPO is different from a fee-for-service or HMO plan
What will be an ideal response?
Answer: A preferred provider organization is a bit like a cross between a traditional fee-for-service plan and an HMO. Under a PPO, an employer or insurer negotiates with a group of doctors and hospitals to provide health care for its employees or members at reduced rates. Those doctors and hospitals that agree to the reduced pricing system become members of the
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The most important goal for an entire company is ____.
A. customer satisfaction B. customer loyalty C. saving money D. having the latest technology
Firms account for leases using either the operating lease method or the capital (finance) lease method. Which of the following is true?
a. The operating lease method treats leases as executory contracts. b. The operating lease method recognizes a leased asset on the lessee's statement of cash flows. c. The operating lease method recognizes a lease liability on the lessee's balance sheet. d. Under the operating lease method, the lessor does not recognize rent revenue as the lessee uses the leased asset over time. e. Under the operating lease method, the lessee does not recognize rent expense as the lessee uses the leased asset over time.
Market share theory is used by courts when ________
A) a defendant is not engaged in the business of selling the type of product that caused harm to the plaintiff B) a defendant manufactures many different variations of the same type of product C) many manufacturers produced the same product that caused harm to the plaintiff D) the entire market share of a product belongs to one manufacturer
On the store shelf at Walgreens, there are two types of sunscreen. Coppertone Sport Spray, which is a ________ brand, and Walgreens Continuous Spray Sport, which is a ________ brand.
A. private label; manufacturer B. private-label; generic C. manufacturer; generic D. licensed; private label E. manufacturer; private-label