Next Article in Journal
The Role of Redenomination Risk in the Price Evolution of Italian Banks’ CDS Spreads
Next Article in Special Issue
Decision Analysis on Sustainable Value: Comparison of the London and Taiwan Markets for Product Integration of Family Security Services and Residential Fire Insurance
Previous Article in Journal
Return and Volatility Transmission between World-Leading and Latin American Stock Markets: Portfolio Implications
 
 
Font Type:
Arial Georgia Verdana
Font Size:
Aa Aa Aa
Line Spacing:
Column Width:
Background:
Article

The Criteria of Optimal Training Cost Allocation for Sustainable Value in Aesthetic Medicine Industry

Department of International Business, National Dong Hwa University, Hualien 97401, Taiwan
*
Author to whom correspondence should be addressed.
J. Risk Financ. Manag. 2020, 13(7), 149; https://doi.org/10.3390/jrfm13070149
Submission received: 1 May 2020 / Revised: 6 July 2020 / Accepted: 6 July 2020 / Published: 8 July 2020
(This article belongs to the Special Issue International Business Management and Sustainability)

Abstract

Medical disputes that result in medical compensation and losses affect the financial management and sustainable operational risks of enterprises. Employee training plays an important role in the sustainable growth of human resource management and also can help avoid any potential risks to enterprises’ operating revenue. Based on data of a company, this study’s model aims to establish a mathematical model to find the most suitable decision variables in order to provide decision-making analysis and judgment of a company’s individual economic behaviors. From the second-order differential modeling method, where the functional training time of the aesthetic medicine industry (including medical errors/dispute incidences, functional training costs, and medical benefits) links to a specific functional relationship, the optimal decision-making model and evaluation criteria for the proportion of this training time under the concept of sustainable management can be constructed. The method proposed herein reduces medical errors or disputes, strengthens risk and financial management, provides customers with the best service quality, and serves as the basis for decision-making evaluation of the maximum benefits of sustainable operations.
Keywords: sustainability; risk and financial management; functional training; medical risk sustainability; risk and financial management; functional training; medical risk

Share and Cite

MDPI and ACS Style

Lin, T.T.; Yen, H.-T. The Criteria of Optimal Training Cost Allocation for Sustainable Value in Aesthetic Medicine Industry. J. Risk Financ. Manag. 2020, 13, 149. https://doi.org/10.3390/jrfm13070149

AMA Style

Lin TT, Yen H-T. The Criteria of Optimal Training Cost Allocation for Sustainable Value in Aesthetic Medicine Industry. Journal of Risk and Financial Management. 2020; 13(7):149. https://doi.org/10.3390/jrfm13070149

Chicago/Turabian Style

Lin, Tyrone T., and Hui-Tzu Yen. 2020. "The Criteria of Optimal Training Cost Allocation for Sustainable Value in Aesthetic Medicine Industry" Journal of Risk and Financial Management 13, no. 7: 149. https://doi.org/10.3390/jrfm13070149

APA Style

Lin, T. T., & Yen, H.-T. (2020). The Criteria of Optimal Training Cost Allocation for Sustainable Value in Aesthetic Medicine Industry. Journal of Risk and Financial Management, 13(7), 149. https://doi.org/10.3390/jrfm13070149

Article Metrics

Back to TopTop