CEO Compensation should be based on:
what the institution would have to pay for a similarly prepared person if that person were employed
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An essential function of the governing board is to:
approve the mission, vision, and long-range plan
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The key to enhancing board effectiveness is:
organizing the board's work
Members of the medical staff are eligible for full membership on the governing board in the same manner as other individuals:
when not legally prohibited
The Chief Executive Officer:
represents the board internally and externally
Regarding the budget, the board:
establishes guidelines and makes final choices among competing opportunities
The individual or group responsible for establishing policy, maintaining quality of care, and providing for institutional management planning is the:
Governing Body
A correct statement regarding trustee serving as fiduciaries is that they can:
be indicted for alleged theft of facility funds and improper expenditures of facility funds for personal reasons.
Ultimate responsibility for the mission statement rests with the:
Governing Board
A key reason for choosing board members is because:
of what they can do for the organization
The bylaws of healthcare organization should include which of the following?
Composition of the governing board, committee, and officers
Successful approaches to strategic planning include:
a well-written mission statement, long-range plane, and fiscal plan plus the history and discussion surrounding them
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The primary challenge facing a prospector is:
managing diversification successfully, to guard against expanding too rapidly or into areas they have little knowledge
In the introductory stage of a product life cycle:
the introductory stage can be short and the introductory stage can be long and sales and revenue growth is slow
The primary task of marketing is to:
bring about exchanges of values
It would be incorrect to say that:
an organization's image is largely the result of public relations, advertising, selling, and communication efforts.
It is important to understand the consumer adoption process because:
people differ significantly in their likelihood to try a new product/service, a factor that should affect an organization's communications plans for its new product /service
All of the following can be used to establish marketing budgets?
Objective and task method
All of the following are methods used to forecast future demands except:
estimation of a competitor's current customer base
All of the following statements are true except that:
forecasting, if correctly performed relying on technological forecasting approaches, is an exact science
Which of the following environmental assumptions for the next decade is not reasonable?
There will be decreased morbidity (substance abuse, violence, accidents, etc.)
Of the following advertising media, which of the potentially has the maximum selectivity in reaching defined target audience?
Direct mail
The major value of job analysis is that it is:
the cornerstone of human resources management activities
Comparative methods of performance appraisal that compares one manager to another to determine performance ratings:
are times consuming and useful only for relatively small groups of employees
A system for providing reward for improvement in productivity should:.
focus on both nonfinancial and financial rewards
Vertical job enlargement:
must involve supervisor and subordinate in participative process
A stop-gap measure that a health service might use to manage intergroup conflict, which allows people to cool down and regain perspective, is:
smoothing [Show Less]