Strategic Healthcare Management: Planning and Execution, Second Edition by Stephen L. Walston Test Bank. This comprehensive and verified test bank is an essential resource for mastering strategic planning and execution within the healthcare sector. It provides diverse practice questions, case analy...
Strategy can be considered a tool and means for making better decisions.
*a. True
b. False
,5. Prospective strategy
Prospective strategy is always the most useful in developing and making strategic decisions.
a. True
*b. False
6. Emergent strategies
Emergent strategies enable an organization to learn what actions its competitors might take.
*a. True
b. False
7. Corporate strategy m
Corporate strategy must originate with functional strategy.
a. True
*b. False
8. Business-level strat
Business-level strategies focus on specific product lines.
*a. True
, b. False
9. An organization expl
An organization explicitly expresses its business unit strategy in its functional strategy.
a. True
*b. False
10. Organizations must u
Organizations must use either mostly deliberate, prospective strategies or emergent strategies, not
a mix of the two.
a. True
*b. False
11. In terms of the dime
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 public benefit
*b. high competition and high private benefit
c. high collaboration and high private benefit
d. high collaboration and high public benefit
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