A Nurse Is Working on a Type of Evaluation That

question 1

Multiple Choice

A nurse is working on a type of evaluation that examines how a program actually works and whether any outside environmental events might have an impact on the program. This type of evaluation is called a:

• A)Formative evaluation.
• B)Process evaluation.
• C)Summative evaluation.
• D)Program evaluation.

---

Definitions:

Economic Efficiency

Economic efficiency occurs when a system maximizes its resources to produce optimal quantities of goods and services, thus minimizing waste and inefficiencies.

Monopoly Power

The ability of a firm or entity to control or dominate an industry or sector, enabling it to set prices above competitors without losing significant market share.

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over competing brands due to perceived satisfaction and quality.

Economic Efficiency

A condition where resources are allocated in a way that maximizes the net benefit to society, meaning no one can be made better off without making someone else worse off.