Question

Managed services are often considered one of the most lucrative

areas of foodservice. Why is this facet more likely to thrive
financially?

Answer 1

Managed services thrive financially because they fall within the category of lucrative service jobs that require significant education and training. The aging population increases the demand for managed services, creating more opportunities in the healthcare field.

Step-by-step explanation:

The facet of managed services is more likely to thrive financially because it falls within the category of service jobs that require significant education and training and tend to be lucrative career choices. These jobs typically require licenses or formal certifications, such as healthcare, technology, or a trade, which usually command higher salaries. As the population ages, the demand for elder care services increases, creating a growth in capacity throughout the healthcare industry and providing more opportunities for professionals in managed services.