What of the Following Describes Organizational Report Cards

question 40

Multiple Choice

What of the following describes organizational report cards?

• A) Reveal how health care organizations measure up to their competitors
• B) Shows how a physician compares to his or her peers
• C) Compares managed care plans
• D) All of the above

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Definitions:

Elastic Demand

A situation where the quantity demanded of a good or service changes significantly as its price changes.

Price Elasticity of Demand

An index showing the extent to which demand for a product changes in reaction to a variation in its price, where an elasticity exceeding one signifies a strong response.

Determinants

Factors or elements that contribute to producing a particular result or outcome.

Rebate Program

A promotional offer that refunds part of the purchase price of a product to the customer, usually after submitting a claim form with a receipt.