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FACHE - ACHE BOG EXAM FLASHCARD – BUSINESS Question and Answers
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FACHE - ACHE BOG EXAM FLASHCARD –BUSINESS Question and Answers 2024-
2025
Healthcare Disparities - correct answer ✅✅Differences in
access of health care services
Health Disparities - correct answer ✅✅The Variation in the
rates of disease occurrence and disabilities among defined groups
Generic Strategies - correct answer ✅✅Commonly used
strategies that combine a target market and a type of
differentiation (e.g. low cost)
Gap Analysis - correct answer ✅✅A method of identifying the
distance between the organization's current position and its
desired position with regard to its mission, vision, and values.
Marketing - correct answer ✅✅The deliberate effort to
establish fruitful relationships with exchange parters and
stakeholders.
Market Structure - correct answer ✅✅The organizational
characteristics of a market that exert a strategic influence on the
intensity and form of competition.
Market Share - correct answer ✅✅A percentage of total sales
volume in a market captured by a brand, product, or company.
, FACHE - ACHE BOG EXAM FLASHCARD –
BUSINESS Question and Answers 2024-
2025
Malfeasance - correct answer ✅✅Wrong doing or improper
conduct especially by a public official or a person in a position of
trust.
Internal Environmental Analysis - correct answer
✅✅Evaluation of an org's products, assets, operations to
determine if the org is carrying out its mission effectively and
efficiently.
Horizontal Expansion - correct answer ✅✅The acquisition/or
merger of two or more organizations that produce similar
products or services.
Vertical Integration - correct answer ✅✅Assimilation of the
vertical components of an org through greater internal control and
coordination
Value Chain - correct answer ✅✅A framework for analyzing
and org's strengths/weaknesses across flow of product or services
development. They are the key internal processes an org
performs to create value.
Tortious Interference - correct answer ✅✅Intentional damage
to someone else's contractual/business relationships with a 3rd
party, causing economic harm.
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