A Nursing Manager Is Concerned About Frequent Errors on the Pediatric

question 24

Multiple Choice

A nursing manager is concerned about frequent errors on the pediatric unit and wants to decrease them.What action by the manager is best?

• A) Have two nurses verify all new orders when they are written.
• B) Institute a standardized handoff format at shift change.
• C) Provide remedial education to nurses who make errors.
• D) Require charge nurses to verify care plans with staff nurses.

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Definitions:

DuPont Formula

A method for analyzing a company's return on equity (ROE), breaking it down into three components: operating efficiency, asset use efficiency, and financial leverage.

Profit Margin

The percentage of revenue that remains after all expenses have been deducted from sales, indicating the financial health and profitability of a business.

Investment Turnover

A measure of a company's efficiency in using its assets to generate sales or revenue; calculated as sales divided by the average invested assets.

DuPont Formula

The DuPont Formula is a financial analysis method that decomposes a company's return on equity into three parts: profitability, asset efficiency, and financial leverage, to understand driving factors behind performance.