Question

Dr. goldfinger decides to invest in companies which he believes can "improve the productivity and efficiency" of health care services. how can dr. goldfinger strive to achieve this productive efficiency?

Answer 1

Dr. Goldfinger can achieve productive efficiency in health care services by optimizing the production process, reducing waste, improving technology and skills, and utilizing data analytics.

Step-by-step explanation:

Dr. Goldfinger can strive to achieve productive efficiency in health care services by focusing on optimizing the production process and utilizing resources effectively. This can be done through various strategies such as streamlining workflows, reducing waste, improving technology and automation, and enhancing staff training and skills. For example, implementing electronic medical records and digital systems can improve efficiency and accuracy in managing patient records, scheduling appointments, and billing processes. Additionally, adopting evidence-based practices and utilizing data analytics can help identify areas for improvement and optimize resource allocation.

Answer 2

Dr. Goldfinger should invest in companies that produce goods and services that meet consumer needs. These types of companies obviously know how to please customers and their menthods would rub off on Dr. Goldfinger, which would increase his customer's satisfaction and his profits.