Which Environment in a Public Hospital Is Concerned with Legislation

question 127

Multiple Choice

Which environment in a public hospital is concerned with legislation about the disposal of biological wastes,the development of more sophisticated imaging machines,and longer patient life spans?

• A) internal environment
• B) specific environment
• C) sociocultural environment
• D) general environment

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Definitions:

Bulk Purchasing

The acquisition of goods or products in large quantities, often at a discounted price.

Profit Margins

A financial metric that measures the percentage of profit a company makes for each dollar of sales, indicating how effectively a company is managing its expenses relative to its net sales.

Management Structure

The hierarchical arrangement of lines of authority, communications, rights, and duties within an organization.

Franchise

A business model that allows individuals to own and operate their branch or location of an existing larger brand or business.