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

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