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What is benchmarking, and how does it influence economical organizational decision making?

You have been part of the orthopedic center for 5 years. In that time, you have seen the center grow and the need for expansion.

Write a paper of 2 pages discussing the external forces that can impact the decision-making process for growth.

In your paper, answer the following questions::

•How will government regulation impact decision making?

•Will the community’s makeup be a consideration for decision makers?

•How can the market share be instrumental in deciding on capital expenditures and the creation of new health care programs and services?

•What is benchmarking, and how does it influence economical organizational decision making?


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