What business principles are associated with patient and system cost?

The following post has two assignments namely;

1.What business principles are associated with patient and system cost?

put yourself in a nurse manager, director of nursing, Chief Nursing Officer (CNO), or business owner role. Discuss three or more business principles as discussed in the Greg Fisher Power Point-in the learning activities (in your own words) which are needed to maintain safe, quality, patient-centered care that is fiscally sound, provide supportive data. In your discussion consider: • Why have you selected the business principles? • Are the business principles used at your current facility? o If you feel that they are, give supportive examples. o If you feel they are not give examples of how they could be implemented. • Why are those specific principles important in health care? • Why are those specific principles important to you?

2.Strategic management

Research about the business strategy level of the company ' microsoft' and its ratio analysis