A Client Asks the Nurse to Explain the Difference Between

question 2

Multiple Choice

A client asks the nurse to explain the difference between complementary and alternative medicine.Which is an appropriate nursing reply?

• A)"Alternative medicine is a more acceptable practice than is complementary medicine."
• B)"Alternative medicine and complementary medicine are terms that essentially mean the same thing."
• C)"Complementary medicine disregards traditional medical approaches."
• D)"Complementary therapies partner alternative medicine with traditional medical practice."

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Definitions:

Price Lining

Setting the price of a line of products at a number of different specific pricing points.

Target Pricing

Consists of (1) estimating the price that ultimate consumers would be willing to pay for a product, (2) working backward through markups taken by retailers and wholesalers to determine what price to charge wholesalers, and then (3) deliberately adjusting the composition and features of the product to achieve the target price to consumers.

Cost-oriented

A pricing strategy where the price of a product or service is determined based on its production cost plus a markup.

Price Lining

A pricing strategy where a retailer offers a product line at several price points, catering to different customer segments and preferences.