In Cyclical Industries

question 71

Multiple Choice

In cyclical industries:

• A)The same recipes and tools apply as in steady-demand industries
• B)The ability to speedily adjust capacity to demand can be a source of competitive advantage
• C)Being successful is always more difficult than in steady-demand industries
• D)Players encounter hyper-competition

---

Definitions:

Third-Party Payers

Entities (other than the patient or healthcare provider) responsible for paying medical expenses, such as insurance companies.

Discharge Planning

The process of coordinating support and services for a patient before they leave the hospital to ensure a smooth transition to home or another facility.

Congested Cough

A type of cough characterized by the accumulation of mucus in the airways.

Pneumonia

An infection that inflames the air sacs in one or both lungs, which can fill with fluid or pus.