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

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