If Employees Are to Be Encouraged to Make Decisions and Work

question 73

Multiple Choice

If employees are to be encouraged to make decisions and work collaboratively, a more _________ and _________ structure is appropriate.

• A) centralised, narrower
• B) centralised, flatter
• C) decentralised, narrower
• D) decentralised, flatter
• E) none of these

Comprehend the structure and coverage of Medicare and its importance in the US healthcare system.

Recognize the financial aspects and economics of healthcare, including funding sources.

Identify the impacts of healthcare economics on service delivery and resource allocation.

Understand the concept and goals of accountable care organizations (ACOs) in the healthcare system.

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Definitions:

CEO

Chief Executive Officer; the highest-ranking person in a company or organization, responsible for making overarching decisions.

Naming a Successor

The process of identifying and appointing an individual to take over a role or position after the current holder leaves or retires.

Key Executive

A high-ranking individual in a company who has significant responsibility for managing an essential part of the business.

Operating Performance

An analysis of a company's efficiency and effectiveness in managing its resources and operations, often assessed through metrics like return on investment, profit margins, and productivity levels.