BUSI 344 Quiz 8

BUSI 344 Quiz 8 Liberty University

Set 1

1. The purpose, specific business, geographic location and customer base describe what in an organization?
2. What is the purpose of the labor budget?
3. What are characteristics of a high performance work system in the healthcare system?
4. Which of these statements represents the Institute of Medicine’s definition of ‘quality’ in healthcare?
5. What is a balanced scorecard approach?
6. What are strategies to deal with workforce shortages?
7. Why are labor expenses so high in healthcare?
8. What are benefits of outsourcing labor?
9. ‘Dana-Farber Cancer Institute’s ultimate goal is the eradication of cancer, AIDS, and related diseases and the fear that they engender’ is what type of statement?
10. Which of these macroenvironmental influences is the most powerful over a healthcare organization?
11. What is the importance of HR metrics analysis?
12. How can economic influences affect the healthcare industry?
13. What is an example of a supplier force for the healthcare industry in Porter’s Five Forces?
14. To execute a strategy successfully, which of the following must occur:
15. ‘Increase annual revenues by 18%’ is an example of:
16. A vision statement is:
17. Why should organizations perform a Porter’s Five Force Analysis?
18. What do strategic objectives measure?
19. The Duke University Health System measures which of these goals?
20. The first step of creating a strategy is:

Set 2

1. What is the purpose of the labor budget?
2. What are characteristics of a high performance work system in the healthcare system?
3. What are benefits of outsourcing labor?
4. The Duke University Health System measures which of these goals?
5. The first step of creating a strategy is:
6. To execute a strategy successfully, which of the following must occur:
7. What is an example of a supplier force for the healthcare industry in Porter’s Five Forces?
8. Which of these statements represents the Institute of Medicine’s definition of ‘quality’ in healthcare?
9. What are strategies to deal with workforce shortages?
10. What is the importance of HR metrics analysis?
11. The purpose, specific business, geographic location and customer base describe what in an organization?
12. ‘Increase annual revenues by 18%’ is an example of:
13. Why should organizations perform a Porter’s Five Force Analysis?
14. ‘Dana-Farber Cancer Institute’s ultimate goal is the eradication of cancer, AIDS, and related diseases and the fear that they engender’ is what type of statement?
15. A vision statement is:
16. What is a balanced scorecard approach?
17. How can economic influences affect the healthcare industry?