​Match the HMO Model with Its Correct Description

question 3

Multiple Choice

​Match the HMO model with its correct description. Options will only be used once.
-​HMO contracts with one or more multispecialty group practices that contract to provide health care services to its members.

• A)​Group model
• B)Independent practice association
• C)​Network model
• D)​Staff model

Understand methods through which organizations can achieve a competitive advantage.

Recognize the impact of technology on organizational strategy and operations.

Understand the role of observable culture and core values in influencing organizational behavior.

Appreciate the role of leaders in fostering an organizational culture that supports performance and adaptability.

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Definitions:

Online Retailers

Companies that operate on the internet and sell goods or services directly to consumers, without a physical storefront.

Pure Competition

A market structure characterized by a large number of firms selling identical products, making it easy for entry and exit, and ensuring no single firm can influence market prices.

Many Sellers

A market condition characterized by the presence of numerous vendors, promoting competition and providing a wide range of options for consumers.

Similar Product

A product that serves the same purpose or functions in a similar manner to another product, often considered to be a competitor.