Proprietary Hospitals Differ from the Earlier Form of Hospitals in the United

question 7

Multiple Choice

Proprietary hospitals differ from the earlier form of hospitals in the United States in that proprietary hospitals ________.

• A)are most likely to be run by religious or charitable organizations
• B)are more profit oriented and their decisions are based largely on profit margins
• C)are more accountable to their patients and the communities they serve
• D)give more power to the people in their community to decide their policies and decisions

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Definitions:

Majority Vote

A voting outcome that is achieved when more than half of the votes cast are in favor of a proposition or electing a candidate.

Rules of Agency

Legal guidelines governing the relationship between an agent, who acts on behalf of another person or entity (the principal), and the principal itself.

Shareholders

Individuals or entities that own shares in a corporation, giving them rights to dividends and a stake in the company's equity.

Majority Vote

A voting rule used in decision-making processes where more than half of the votes cast by eligible participants is required to make a decision or elect a candidate.