A Chief Nurse Officer (CNO) Is Considering a Collaborative Effort

question 24

Multiple Choice

A chief nurse officer (CNO) is considering a collaborative effort with a school of nursing to offer externships to students. The chief financial officer (CFO) rejects the proposal because it will entail a cost to the organization. Which statement by the CNO would influence the CFO to reconsider this proposal?

• A) "Nursing is the foundation of this hospital and we have to get nurses into the organization."
• B) "We could hire students as nurse's aides, which would save costs."
• C) "An externship will allow the nursing students to work with nurses, learn about the organization, and create a positive impression of our facility."
• D) "Offering a nurse externship would allow the organization to create the types of nurses we would like to hire."

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Definitions:

Common Input

A shared resource or material used in the production or manufacturing process across multiple products or services.

Product Line

A group of related products under a single brand sold by the same company.

Split-off Point

The stage in a production process where different products become separately identifiable, and their costs can be individually assigned.

Avoidable Fixed Costs

Fixed costs that can be eliminated if a particular business segment or operation is discontinued.