HEA 478 - Strategic Management in Healthcare » Fall 2021 » Chapter 1 Quiz
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Question #1
In terms of the dimensions of competition versus collaboration and public versus private benefit, a medical equipment company would probably have
A.
high competition and high private benefit
B.
high competition and high public benefit
C.
high collaboration and high public benefit
D.
high collaboration and high private benefit
Question #2
Functional strategies should
A.
align with corporate strategies
B.
decide which markets to penetrate
C.
be derived by line workers
D.
determine which products will be produced
Question #3
An organization may use emergent strategies when
A.
an industry has a long period of success
B.
product and market uncertainty exists
C.
the organization has a clearly defined mission
D.
consumer preferences change over a decade
Question #4
Strategies are used to
A.
guide behaviors to achieve an organization's mission and goals
B.
implement personnel policies
C.
determine which organizational values are most important
D.
guide a company in creating its mission and vision
Question #5
Prospective strategy can be more important than emergent strategy
A.
when a new healthcare system is established in a country
B.
when an organization does not have a mission and vision
C.
after an organization enters a new market
D.
during a long period of stability
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