Major Opportunities to Improve Processes Include Which of the Following

question 7

Multiple Choice

Major opportunities to improve processes include which of the following?

• A) Decreasing use of statistical analyses that divert resources from patient care
• B) Adding steps in a process to validate data gathered at earlier steps and increase accuracy
• C) Increasing variability in performance over time
• D) Increasing throughput or capacity with little or no change in inputs

Analyze the implications of market definitions on competition.

Recognize the unique attributes and outcomes of monopoly markets.

Understand the impact of market power and monopoly on efficiency and price-setting.

Examine the elasticity of demand in relation to market structure.