The______________encompasses Both Local Physicians and Hospitals as Well as Global

question 7

Multiple Choice

The______________encompasses both local physicians and hospitals as well as global health- related industries,such as insurance companies and pharmaceutical and medical supply companies.

• A)health care-organizational complex
• B)medical-industrial complex
• C)organizational-medical complex
• D)medical-corporate complex

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Definitions:

Steam Engines

Engines that generate mechanical power by utilizing steam to perform work, historically vital to the industrial revolution and the development of transport and manufacturing.

Long Tail

A business strategy that allows companies to realize significant profits by selling low volumes of hard-to-find items to many customers, instead of only selling large volumes of a reduced number of popular items.

Feature Creep

The tendency for products to become overly complex due to the continuous adding of features, often compromising usability and functionality.

Inert Set

A group of brands that a consumer is aware of but is indifferent towards when making a purchase decision.