Requirements in 517

question 25

Multiple Choice

Requirements in 517.40(C) through 517.44 do not apply to freestanding buildings used as nursing homes and limited care facilities, provided that ____.

• A) no electrical equipment for patient care is provided
• B) no surgical treatment requiring general anesthesia is offered
• C) no backup battery power is required
• D) no ambulance service is provided

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Definitions:

Product Development

The process of creating, designing, and rolling out new products or improving existing ones to meet customer needs.

Diversification

A strategy for managing risk that diversifies by incorporating a broad range of investments in a single portfolio.

Market Development

A growth strategy where a company seeks to increase sales by promoting existing products in new markets or new segments of current markets.

Product Development

The process of bringing a new product or service to the market, from initial concept through design, prototype, testing, and finally, launch.