Wgu c432 - Study guides, Class notes & Summaries

1) Who should drive the development and implementation and be included in the planning group? A)Vice president and the Joint Commission B) The stake holders and CEO C) CFO and COO D) CEO and Board Chair - Correct Answer: D 2)Societal environment encompasses all but A) Government Regulations B) Economics C) Pre-existing conditions D) Cultural Values - Answer: A 3) Focused approach to marketing for a primary care physician would be: A) Advertising short wait times. B) Advertising in s...

WGU C432 PRE-ASSESSMENT: HEALTHCARE MANAGEMENT AND STRATEGY (PKXC) 2024 (61) QUESTIONS AND ANSWERS 100% CORRECT

WGU C432 Healthcare Management & Strategy New Revision Questions and Answers 2024/2025 Solved 100%!!

WGU C432 Pre- assessment Questions and Answers Graded A+ A home health agency provides care primarily to Medicare consumers. The agency is considering expanding the range of services offered. What is one reason this agency would be considering this strategy? To diversity its payer mix To open a second location To increase professional staff To add electronic health records To diversify its payer mix A hospital's chief executive officer (CEO) suddenly becomes critically ill at a pivotal...

WGU C432 WGU Healthcare Management and Strategy Pre-Assessment Graded A+ Business-Level Strategy a plan that indicates how a division intends to compete against its rivals in an industry Corporate-Level Strategy A plan that indicates in which industries and national markets an organization intends to compete. Emergent-Strategy any unplanned strategic initiative bubbling up from the bottom of the organization Functional-Level Strategy Strategic scope and direction at the operating divisio...

WGU C432 Healthcare Management & Strategy Latest Graded A+ Business-Level Strategy The strategic scope and direction of strategic business units (SBUs). SBUs focus on specific product/service lines while under the umbrella of corporate direction. Corporate-Level Strategy The overall strategic scope and direction of a corporation. The primary function of corporate-level strategy is to allocate capital funds to SBUs and decide which businesses to enter or exit. Emergent-Strategy a pattern o...

WGU C432 Healthcare Management and Strategy Modules 1, 2 & 3 Questions and Answers Graded A+ What is organizational ethics? A. Corporate policies and procedures that are used to detect and analyze ethical risk B. Gray areas within the workplace that do not have a right or wrong answer C. An understanding of whether a particular action in the workplace is legal or illegal D. Right or wrong, acceptable or unacceptable conduct in an organizational environment E. A moral code developed throug...

WGU C432 Healthcare Management and Strategy Already Passed Acquisition The purchase (or merger) of an existing organization broad differentiation strategy type of strategy aimed at offering products that consumers perceive to be distinct from competitor's products and that appeal to a wide segment of a market Broad low-cost strategy type of strategy aimed at providing low-cost products to a broad customer segment Business model the underlying structure of an organization; the means thro...

WGU C432 Healthcare Management & Strategy Latest Graded A+ Business-Level Strategy The strategic scope and direction of strategic business units (SBUs). SBUs focus on specific product/service lines while under the umbrella of corporate direction. Corporate-Level Strategy The overall strategic scope and direction of a corporation. The primary function of corporate-level strategy is to allocate capital funds to SBUs and decide which businesses to enter or exit. Emergent-Strategy a pattern o...