Match the Abbreviation with the Correct Description

question 24

Multiple Choice

Match the abbreviation with the correct description.
-Makes health care information instantly accessible between government entities

• A)HL7
• B)DICOM
• C)NCPDP
• D)IEEE 1073
• E)CHI
• F)RxNorm
• G)SNOMED
• H)ASTM 1384
• I)LOINC
• J)HIPAA transactions

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Definitions:

Demographic Segmentation

The division of a market into segments based on variables such as age, gender, income, occupation, and education.

Market Segmentation

The process of dividing a market of potential customers into groups, or segments, based on different characteristics like demographics or buying behavior.

One Product

Focuses on the strategy of a business that sells a single product or service, typically specializing in a niche market.

Multiple Products

The strategy of offering various products within the same brand or by the same company, catering to different consumer needs or market segments.