Health care takes a checkup

Article Abstract:

The Canadian Comprehensive Auditing Foundation (CCAF) conducted a research to create an effectiveness reporting approach that would enable managers to report information that can be audited and substantiated meaningfully. In view of the growing demands for better accountability in resource use and better service, the Queen Elizabeth Hospital in Toronto decided to adopt the CCAF approach. Through effectiveness reporting, the institution hoped to provide its trustees with information that could aid them in performing their duties and in making decisions.

General medical & surgical hospitals, Reports, Hospitals, Hospital administration, Canadian Comprehensive Auditing Foundation

---

Kmart takes the high road

Article Abstract:

Kmart increased its issue of trust preferred securities to $1 billion to meet investor demand. As a result, Kmart stock rose by 24%. The company also obtained a bank refinancing program, thereby solving potential liquidity problems. The concept of offering trust preferred securities was conceived by Kmart CFO Martin Welch to effect a turnaround to the ailing retail firm. Welch had also helped Federal-Mogul return to investment-grade status.

Retail Store Chains, Retail industry, Retail trade, Economic policy, Securities, Chain stores, Kmart Holding Corp., KM, Welch, Martin

---

Tiny unmanned submarine takes on the Gulf Stream, and wins

Article Abstract:

A tiny six-foot length craft, called Spray, which is starting in September 2005, took on a voyage associated with expensive yachts, sailing from a point near Nantucket Island, Mass, to Bermuda. The way in which it managed to keep a pace between the racing yachts is described.

Massachusetts, Bermuda, Comparative analysis, Competitions, Sailboat racing, Yacht racing, Remote submersibles

Similar abstracts:

• Abstracts: Patient care teams and customer satisfaction: the role of team cohesion. Product assortment choice for independent Web-based call service centers
• Abstracts: Why shared meanings have no place in structuration theory: a reply to Scapens and Macintosh. Exotic BSE theory from NZ
• Abstracts: Earth, receive an honored past. Ireland: the selling of the green. Twin Cities retailers prevented from selling microwave antennas that can receive HBO
• Abstracts: The career prospects of female MBAs. Prospects for small business in Poland's future. Drawing prospects into your web
• Abstracts: Regular saving makes sense. A tradition and its inheritors

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.