Which of the Following Statements Concerning the Health Care Industry

question 76

Multiple Choice

Which of the following statements concerning the health care industry is true? 

• A) Inseparability element presents more of a handicap in health care delivery than in other services.
• B) The only means of distribution of health care is through direct channels.
• C) There is little innovation in the health care industry.
• D) The health care industry is not market oriented.

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Definitions:

Bond Selection

The process of choosing bonds for investment based on factors such as yield, maturity, credit quality, and issuer.

Unique Risk

Also known as unsystematic or idiosyncratic risk, it refers to the risk associated with a particular company or industry that can be mitigated through diversification.

Securities

Financial vehicles denoting an ownership interest in corporations available on public exchanges, debt obligations held against governmental entities or businesses through bonds, or potential ownership through options trading.

Diversify

Diversify refers to the strategy of spreading investments across various financial instruments, industries, and other categories to reduce exposure to risk.