The Nurse Manager Is Calculating the Cost of Offering Two

question 1

Multiple Choice

The nurse manager is calculating the cost of offering two bonus incentives to nursing staff for covering call-ins for sickness. After reviewing the statistics, the manager finds that option A is more cost-effective than option B but decides to implement option B because it seems safer. Which option best describes the basis of this decision?

• A) Probability
• B) Probability analysis
• C) Objective probability
• D) Subjective probability

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Definitions:

HR Supply

The available pool of candidates that an organization's human resources department can draw upon to fill positions.

Demand Requirements

The specific needs or conditions that must be met for a service, product, or project, often detailing quantities, specifications, and timing.

External Environmental Supply

The provision of resources or inputs to an organization from its external environment, which can include materials, information, or energy.

Organizational Demand

The requirements or needs of an organization that dictate its operational, personnel, and resource requirements.