All of the Following Statements Are True About Product Structures

question 39

Multiple Choice

All of the following statements are true about product structures EXCEPT

• A)The product structure is the most efficient of all structures.
• B)Product organizations must still perform some functional tasks of a business.
• C)The structure builds a department or subunit around a product .
• D)Managers choose product structures when they believe that a product or a group of products is sufficiently unique to require focused efforts on one type of product or service.

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Definitions:

Health Care Dollars

Refers to the financial resources allocated to the health care system, including government spending, private insurance, and out-of-pocket expenses by individuals.

Accountable Care Organization

A healthcare organization that ties provider reimbursements to quality metrics and reductions in the total cost of care for an assigned population of patients.

Medicare Payments

Financial reimbursements made by Medicare, the U.S. federal health insurance program for people aged 65 and over, for covered healthcare services provided to its beneficiaries.

Evidence-Based Practices

Refers to healthcare interventions, strategies, and decision-making processes that are grounded in the best available scientific evidence to optimize patient outcomes.