Which of the Following Trends or Methods Has Since Helped

question 9

Multiple Choice

Which of the following trends or methods has since helped reduce the pricing rivalry that had intensified by the late 1990s?

• A)Patients began accepting MCOs with "narrow networks" and MCOs had the upper hand in negotiating with hospitals for inclusion in networks
• B)Hospitals removed brand identities
• C)Hospitals dropped "centers of excellence" from their hospitals
• D)Hospitals consolidating away from related products
• E)Hospitals consolidated (conducted mergers)

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Definitions:

Globalization on Business

The impact of increasing global interconnectivity on business operations, including expanded markets, diversified supply chains, and increased competition.

Just-In-Time (JIT)

A supply chain management strategy that aims to reduce inventory costs by receiving goods only as they are needed in the production process.

Manufacturing Company

A company that produces finished goods from raw materials through the use of labor and machinery.

Performance Reports

Documents that compare actual performance with budgeted or planned performance in various areas of an organization.