A Root Cause Analysis (RCA) Is ___________

question 6

Multiple Choice

A root cause analysis (RCA) is ___________.

• A) strictly a medical staff function
• B) a monthly review of infection rates
• C) a chronological review of an event to identify what, how, why, when, and where an unwanted event occurred in order to prevent reoccurrence of the event.
• D) a review of a corporate compliance program

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Definitions:

Pareto Optimal

A condition of resource allocation in which it is impossible to make any one individual better off without making someone else worse off, signifying an efficient distribution of resources.

Competitive Equilibrium Price

The market price where the quantity of goods supplied is equal to the quantity of goods demanded, effectively clearing the market.

Utility Function

A mathematical representation of how different quantities of goods or services are ranked according to their desirability for a consumer.

Initial Endowment

The initial distribution of income, wealth, or resources that individuals or organizations possess before entering into any market transactions.