The Director of Nursing (DON)sets Up a Meeting with the Newly

question 22

Multiple Choice

The director of nursing (DON) sets up a meeting with the newly appointed nurse manager who has been doing an excellent job.The DON anticipates that the nurse manager plans to resign.Which is the best description of the nurse manager's cognitive error?

• A)Thinking from an all-or-nothing perspective
• B)Always thinking the worst will occur without considering positive outcomes
• C)Viewing only selected negative evidence while editing out positive aspects
• D)Undervaluing the positive significance of an event

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Definitions:

Oligopoly

A market structure in which a few large firms dominate the industry, influencing the price and production of goods.

Industry Market Structure

The organizational characteristics of a market, defined by the level of competition, number of firms, and the nature of product differentiation.

Market Price

The actual price at which any commodity is traded in the market, determined by supply and demand.

Price Elastic

A term possibly intending to describe price elasticity, which measures how much the quantity demanded of a good responds to a change in its price.