Question: The medical institution might use financial forecasting methodologies to estimate future financial performance to avoid the financial risks connected with the new cardiac catheterization unit

The medical institution might use financial forecasting methodologies to estimate future financial performance to avoid the financial risks connected with the new cardiac catheterization unit (CCU). Here are two typical financial forecasting approaches that may be employed in this scenario: Given the size of the market and another facility is already doing this procedure, is not there a danger of both firms splitting the market and neither making a profit on the procedure or a positive return on their investment

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