How an MBA study elective can be created
LONDON: An MBA elective can be created in any way that suits a student or sponsor.
An example is an elective sought by a UK student sponsor.
Against a background of steeply rising labour costs and the intense enforcement of care standards, profits are under enormous strain. Solutions have to be found that can deal with these pressures in an environment where revenue increases are also constrained.
The elective comes up with solutions, which when implemented will allow the payment of a living wage, underwrite the costs of higher care standards and re-establish enhanced profitability.