Which of the Following Is an Important Organizational Behavior Issue

question 8

Multiple Choice

Which of the following is an important organizational behavior issue for health care managers?

• A) Reduced competition among providers
• B) Chronic diseases among an aging population
• C) Declining reimbursement
• D) New medical technology
• E) Professional autonomy of physicians

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Definitions:

Operating Expenses

The costs associated with running the day-to-day operations of a business, excluding the cost of goods sold.

Gross Profit

The difference between revenue and the cost of goods sold, indicating how efficiently a company produces goods or services.

Cost of Goods Sold

Represents the direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly used to create the product.

Ending Inventory

The total value of all inventory a company has in stock at the end of its fiscal period.