The Nurse Manager Meets with Upper Management to Share Strategic

question 10

Multiple Choice

The nurse manager meets with upper management to share strategic goals agreed upon by her staff for their individual nursing unit as the first step to begin budget negotiations.One strategic goal is that staff will have access to technology that will allow them to incorporate point-of-care devices for all RNs.The second goal is to improve RNs' ability to recognize critical indicators that a patient's health status is deteriorating through advanced health assessment skills.During a meeting with the upper management,the unit manager discusses strategy options and identifies the one that works for the unit.Which type of budget development is being implemented?

• A) Iterative
• B) Top-down
• C) Participatory
• D) Zero-based

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Definitions:

Total Output

The total quantity of goods and services produced by an economy, a company, or a sector during a specific period.

Marginal Revenue Productivity

The additional revenue a company generates when it increases the production input by one additional unit.

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Highly successful individuals, especially in sports and entertainment, who command significant attention and compensation due to their exceptional talent or appeal.

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Compensation levels that are significantly above the average or median for similar positions or industries, often reflecting high skill, experience, or demand.