A Key Advantage That a Nurse Manager Has in Terms

question 21

Multiple Choice

A key advantage that a nurse manager has in terms of delegating is that:

• A)Clients receive less attention because too many staff make it difficult to coordinate care.
• B)Nurses report less pressure to perform necessary tasks themselves.
• C)Administration can predict overtime more accurately.
• D)Team skills can be used more effectively.

Understand the concept of reciprocity and its implications in organizational behavior.

Identify and explain the dimensions of emotional intelligence crucial for managerial success.

Recognize the categories of managerial skills as proposed by Robert Katz.

Understand the concept of escalation of issues within organizational hierarchies.

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Definitions:

Economic Profits

The surplus left after deducting all costs, including opportunity costs, from a firm's total revenues, indicating the efficiency of resource allocation.

ATC Curve

Represents the Average Total Cost per unit of output produced, which is calculated by dividing the total cost by the quantity of output.

Non-price Competition

Strategies used by companies to attract customers through methods other than lowering prices, such as product differentiation and marketing.

Profit-maximizing

A strategy or point where a firm reaches its highest possible profit under given market conditions, taking into account costs and revenue.