Question 1

The nurse manager reviews the unit's budget quarterly.One advantage of such a budget review is that:

Accepted Answer

A) It is time consuming and expensive 
B) Corrective measures can be taken 
C) The budget converts organizational performance into monetary values 
D) The budget supersedes the agency goals 
A) It is time consuming and expensive 
B) Corrective measures can be taken 
C) The budget converts organizational performance into monetary values 
D) The budget supersedes the agency goals

Question 2

The nurse manager used the traditional model for costing out nursing services.In this model,the amount of nursing time per intensity level (NT)is calculated based on what?

Accepted Answer

A) PPOs 
B) MHOs 
C) DRGs 
D) IPAs 
A) PPOs 
B) MHOs 
C) DRGs 
D) IPAs

Question 3

A wellness clinic was promoting a new weight loss capsule that was approved by the Food and Drug Administration.Over the last quarter,the clinic's data revealed an increase in the sale of the product.This is an example of what stage of the product's life cycle?

Accepted Answer

A) Introduction stage 
B) Growth stage 
C) Maturity stage 
D) Market decline stage 
A) Introduction stage 
B) Growth stage 
C) Maturity stage 
D) Market decline stage

Question 4

Health care costs continue to increase.All of the following contribute to rising health care costs except:

Accepted Answer

A) Aging population 
B) Increasing number of diseases requiring acute care 
C) Increased health care needs 
D) Increasing number of uninsured people 
A) Aging population 
B) Increasing number of diseases requiring acute care 
C) Increased health care needs 
D) Increasing number of uninsured people

Question 5

Marketing promotion informs potential customers of the existence and availability of products and services.Because consumers have become more knowledgeable about health care,hospitals have had to become very creative in their marketing promotions.Hospitals understand that marketing promotion leads to:

Accepted Answer

A) Reutilization of services 
B) Underutilization of services 
C) Narrowing of services to a select group 
D) High bidding to get the business 
A) Reutilization of services 
B) Underutilization of services 
C) Narrowing of services to a select group 
D) High bidding to get the business

The nurse manager reviews the unit's budget quarterly.One advantage of such a budget review is that:

The nurse manager used the traditional model for costing out nursing services.In this model,the amount of nursing time per intensity level (NT)is calculated based on what?

A wellness clinic was promoting a new weight loss capsule that was approved by the Food and Drug Administration.Over the last quarter,the clinic's data revealed an increase in the sale of the product.This is an example of what stage of the product's life cycle?

Health care costs continue to increase.All of the following contribute to rising health care costs except:

Communications

Stress Management

Decision-Making Process and Tools

Motivation and Morale

Power, Politics, and Labor Relations

Conflict Management and Negotiation

Theories of Leadership and Management Development

Strategic and Operational Planning

Organizational Concepts and Structure

Organizational Culture, Change, and Innovation

Selection and Development of Personnel

Staffing and Scheduling

Evaluation and Discipline of Personnel

Continuous Quality Improvement, Risk Management, and Program Evaluation

Filters

Exam 9: Financial Management, Cost Containment, and Marketing

The nurse manager reviews the unit's budget quarterly.One advantage of such a budget review is that:

The nurse manager used the traditional model for costing out nursing services.In this model,the amount of nursing time per intensity level (NT)is calculated based on what?

A wellness clinic was promoting a new weight loss capsule that was approved by the Food and Drug Administration.Over the last quarter,the clinic's data revealed an increase in the sale of the product.This is an example of what stage of the product's life cycle?

Health care costs continue to increase.All of the following contribute to rising health care costs except:

Communications

Stress Management

Decision-Making Process and Tools

Motivation and Morale

Power, Politics, and Labor Relations

Conflict Management and Negotiation

Theories of Leadership and Management Development

Strategic and Operational Planning

Organizational Concepts and Structure

Organizational Culture, Change, and Innovation

Selection and Development of Personnel

Staffing and Scheduling

Evaluation and Discipline of Personnel

Continuous Quality Improvement, Risk Management, and Program Evaluation

Filters