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Strategic Decision-Making

Review Chapters 16 and 24 of Baker’s Health Care Finance: Basic Tools for Nonfinancial Managers, and respond to the following:

  • Describe in detail the six major components of strategic planning.
  • Discuss three ways benchmarking can be conducted.
  • Explain why strategic planning and benchmarking are important to strategic decision-making by health care administrators.

Remember to use citations and references as appropriate. Your assignment Must follow APA style and formatting guidelines.

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