ComputerTown's Quantitative Business Analysis
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ComputerTown's Chief Financial Officer (CFO) was asked to become a member of the board for a local non-profit hospital. Should she expect the mission, goals, and performance measures of the hospital to be like those of ComputerTown? Why or why not?
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Solution Summary
The solution determines whether CFO would expect the mission, goals and performance measures of the hospital to be like those of ComputerTown.
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No, ComputerTown's Chief Financial Officer should not expect that the mission, goals and performance measures of the hospital to be like that of ComputerTown. The underlying reason is that both organizations were created for completely different reasons. ComputerTown was created to maximize the value of its stockholders' wealth while the local hospital was created to provide health care services to the ...
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