When Use of Restraints Is Prescribed for a Client by a Health

question 17

Multiple Choice

When use of restraints is prescribed for a client by a health care provider,which of these actions must the nurse take?

• A)Insert a urinary catheter while the client is restrained.
• B)Administer psychotropic drugs as ordered.
• C)Assign a nursing assistant to sit with the client to gain cooperation.
• D)Document client assessment and position changes.

Assess the financial outcomes of adding or dropping a product line based on relevant and irrelevant costs.

Understand the concept of differential cost and how it applies to business decisions.

Analyze the financial advantage (disadvantage) of discontinuing a product, service, or segment.

Understand the concept of outsourcing and make-or-buy decisions.

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Definitions:

Tacit Collusion

Cooperation among producers, without a formal agreement, to limit production and raise prices so as to raise one another’s profits.

Competing Producers

Entities or companies that are in the same market striving to gain market share by offering better products, price, or services.

Perfect Competition

A market structure characterized by a large number of small firms, identical products, and freedom of entry and exit, leading to price takers.

Barriers To Entry

Economic, procedural, or regulatory obstacles that prevent or deter new competitors from easily entering an industry or area of business.