Which Action by a Nurse Leader Is Paramount for Making

question 21

Multiple Choice

Which action by a nurse leader is paramount for making innovative changes in nursing?

• A)Interconnecting solely with members of the nursing discipline
• B)Seeing the health-care team as the focus of care
• C)Incorporating a single perspective for improving care
• D)Using diverse skill sets

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Definitions:

Contribution Margin

The amount by which a product's selling price exceeds its total variable costs, used to cover fixed costs and contribute to net profits.

Variable Expense Ratio

A financial metric that represents the proportion of variable expenses to sales revenue, indicating how much variable costs change in response to sales activity.

Break-even Point

The level of production or sales at which total costs equal total revenue, resulting in no net loss or gain.

Degree of Operating Leverage

A measure indicating how much sales revenue will translate into changes in operating income due to the proportion of fixed and variable costs.