Of the Following,which Is the Most Effective Strategy That a Nurse

question 2

Multiple Choice

Of the following,which is the most effective strategy that a nurse manager could employ to reduce unnecessary costs in specific healthcare settings?

• A) Training nurses on accurate documentation of supplies used for patient care
• B) Reducing the number of overtime hours worked by staff
• C) Reducing the number of staff on a unit
• D) Making decisions for patients about which care is important to their health

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Definitions:

Accidents

Accidents are unplanned events that can cause damage, injury, or loss, often stemming from unforeseen circumstances or negligence.

Adverse Selection

A situation in insurance and finance where higher-risk individuals are more likely to apply for or select a particular service, leading to potential losses for the insurer or lender.

Hidden Actions

Pertains to situations in principal-agent relationships where agents' specific actions are not observable by the principal, leading to a moral hazard.

Hidden Information

Information that is not known to one party in a transaction, which can lead to an imbalance of power or adverse selection.