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Margaret Walton spent 10 years working in the laboratory at City Hospital. During that time, she advanced to the position of director of the...

Margaret Walton spent 10 years working in the laboratory at City Hospital. During that
time, she advanced to the position of director of the laboratory and completed an MBA
degree. She felt that opportunities for further advancement at the hospital were limited
and was looking for a new challenge. She took a course in entrepreneurship and was
fascinated by the idea of starting her own business. Walton decided that she would open
an independent laboratory to provide medical tests for independent medical practices.
She believed that she could help physicians reduce both their capital requirements and
administrative chores, as well as provide more accurate testing

This question was asked on May 01, 2010.

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