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You Are a Member of an Interprofessional Safety Committee That

question 33

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You are a member of an interprofessional safety committee that is meeting to review the results of the latest series of fire drills that were conducted at University X Healthcare system. The healthcare system did not do well! The fire department is requiring that the organization safety committee meet, complete an in-depth review of their performance and develop an action plan. Time is short. This an emergency situation and a back-up fire drill will be conducted within 2 weeks. Jolene (the head nurse on the cardiac unit) is designated as the team leader. Emotions are running high and the 'blame game' has begun!
Which of the following should Jolene use as the best objective measure of excellent performance and quality patient care?


Definitions:

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the total market value remains the same.

Market Price

The rate currently set for the trade of assets or services in the marketplace.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.

Common Stock Account

An equity account that represents the ownership interests of common shareholders in a corporation, reflecting the invested capital and retained earnings.

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