Which of the Following Statements Is MOST Accurate

question 109

Multiple Choice

Which of the following statements is MOST accurate?

• A) Although many people have benefited from deinstitutionalization by avoiding unnecessary hospital stays, there have been some unanticipated problems.
• B) Deinstitutionalization has been an outstanding success, resulting in better care for all clients.
• C) Deinstitutionalization has been a failure, resulting in poorer treatment for both inpatients and outpatients.
• D) Deinstitutionalization hasn't had much of an impact on mental health care at all.

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Definitions:

Low-Cost Strategy

A competitive strategy focusing on becoming the lowest cost producer in an industry to offer products or services at the lowest price possible to consumers.

Production Lead Time

The total time required to manufacture an item, including order preparation, queue, setup, run, inspection, and put-away time.

Supply-Chain Management

The management of the flow of goods and services, involving the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

Service Firms

Companies that provide intangible products or services to customers.