When an Organization Performs a Strategic Analysis, It Is Looking

question 3

Multiple Choice

When an organization performs a strategic analysis, it is looking for ways to address the competition.Which environmental factor influences their decision making? (Select all that apply.)

• A)Transfer of patients to a Level I trauma center
• B)Changing demographics
• C)Political climate
• D)Economic considerations
• E)Transfer of patients to an extended-care facility (ECF)

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Definitions:

Market Quantity Demanded

Market quantity demanded is the total amount of a good or service that consumers are willing and able to purchase at a given price over a specific period.

Chocolate-Covered Peanuts

A confection made by coating peanuts in chocolate, combining the crunchiness of peanuts with the sweetness of chocolate.

Buyers

Individuals or entities that purchase goods or services in a market.

Price

The sum of money needed to buy a product or service.