When Doing a SWOT Analysis, the S Refers to The

question 9

Multiple Choice

When doing a SWOT analysis, the S refers to the:

• A) Staff-credentialing process (due diligence).
• B) Socioeconomic data.
• C) Facility's strengths.
• D) Statistics on readmissions.

Distinguish between moral hazard and adverse selection.

Identify the impact of safety measures and monitoring on behavior change.

Evaluate the financial implications of installing safety equipment in the workplace.

Assess the effects of various types of insurance policies on individual behavior.

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Definitions:

Centered

In statistics, adjusting data values by subtracting the mean of the data set from each value to have an average of zero.

Perfect Substitute

Goods or services that can be used in exactly the same way and are considered interchangeable by the consumer.

Indifference Curve

A graph representing combinations of two goods that provide an individual with the same level of satisfaction and utility.

Convex Preferences

A situation in consumer theory where a consumer prefers combinations or mixtures of goods to extreme amounts of either good, illustrating a desire for diversified consumption.