The Phrase That Best Defines a Virtual Organization Is _____________

question 43

Multiple Choice

The phrase that best defines a virtual organization is _____________.

• A) a dot-com company
• B) a type of modular structure
• C) an organization that uses information technology to integrate different functions
• D) a continually evolving network of independent companies

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Definitions:

Health Care

The organized provision of medical services to individuals or communities to maintain or improve health, including prevention, diagnosis, treatment, and rehabilitation.

Deductibles and Copayments

are cost-sharing mechanisms in insurance policies where the insured must pay a fixed amount before the insurer covers expenses (deductible) and a portion of the cost of services (copayment).

Health Care Demanded

Refers to the quantity of health care services people are willing and able to purchase at different price levels.

Rising Health Care Costs

Refers to the increasing expenses associated with medical care, including treatments, medications, hospital stays, and other health services, affecting individuals, businesses, and governments.