scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,598
The Shouldice Hospital Limited Q1 How successful was the Shouldice hospital and how do you account for its performance Ans The success of a hospital which basically is a part of the service industry can be done in 2 ways - The financial perspective The service perspective Financial analysis Total market Nos of operations in US 600000 in 1979 assuming it is the same in 1983 Nos of operations in Shouldice 6850 in 1982 Market share 114assuming that the market size remains the same Price charged per customer on average assuming similar price for primaries and recurrence Accommodation 111 4 4 days 444 Surgery cost 450 Assistant surgeon 60assuming every operation uses an assistant surgeon Anesthetic 75assume we are using an anesthetic in every operation Transport costs 400average of 200 to 600 Total expenses for the customer 1429 Total revenue of the hospital 1029 6850 7048650 Cost incurred by the hospital Salaries of the surgeon 50000 12 600000 Bonus 500000 Assistant surgeon 306 6850 209610 Anesthetist 300 261working days in an year 78300 Food expenses 11 400 261 114840 Total expenditure 2427750
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA