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

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