Outsourcing Value Chain Activities to Strategic Partners Can Yield Such

question 35

Multiple Choice

Outsourcing value chain activities to strategic partners can yield such advantages as

• A) quick creation of distinctive competencies, enhanced product quality, and better customer service.
• B) lower costs, less internal bureaucracy, speedier decision-making, more flexibility, and heightened strategic focus.
• C) lower cost adoption of best practices.
• D) reduced need to empower employees and rely on team-based organizational arrangements.
• E) facilitating the capture of cross-functional strategic fits and resource fits.

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Definitions:

Minimum Data Set

A standardized set of core data elements that is collected on each resident in certain care settings, used to assess the functional capabilities and needs of the resident to help guide care planning.

Newly Admitted Resident

An individual who has recently entered a care facility, such as a nursing home or assisted living community.

Long-Term Care Facility

An establishment providing extended care for individuals who are unable to manage independently, typically due to age, disability, or chronic conditions.

Telephone Order

A directive given by a healthcare provider over the phone for patient treatment or medication.