"Good Finance or Bad Medicine," the Topic Title of the Making

question 83

Multiple Choice

"Good Finance or Bad Medicine," the topic title of the Making Ethical Decisions box,has an important message for managers who make financial decisions.Which of the following statements summarizes this passage's theme?

• A)Managers must balance good economic decisions with socially forward thinking decisions.
• B)Financial decisions must be based on what insurance companies are willing to pay.
• C)Checking academic credentials of recently graduated doctors is imperative due to the cost of laws suits that patients may file if they learn that they were served by a surgeon without a license.
• D)The support of a good law firm is worth every penny a hospital might pay.The finance manager should always budget for a legal team.

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Definitions:

Tactical Impression Management

The strategic practice of controlling or influencing how one is perceived by others, often to achieve personal or professional goals.

Ingratiation

A psychological technique aimed at making oneself more likable to others, typically through flattery or other forms of manipulation.

Socially Aware

Having an understanding and sensitivity towards societal, cultural, and community issues and dynamics.

Disclaimer

A verbal assertion intended to ward off any negative implications of impending actions by defining these actions as irrelevant to one’s established social identity. By using disclaimers, a person suggests that although the impending acts may ordinarily imply a negative identity, his or hers is an extraordinary case.