When Faslow Medical Center Changed Its Name to Faslow Hospital,it

question 31

Multiple Choice

When Faslow Medical Center changed its name to Faslow Hospital,it also unveiled a plan to build a medical tower doubling its physical facilities by 100% within the next 10 years.It also announced that its goal was to not only serve Exeter County,but the entire region including the 5 contiguous counties.This is an expression of:

• A) vertically integration.
• B) strategic intent.
• C) core competencies.
• D) supplier bargaining power.

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Definitions:

Union Acceptance

The acknowledgment and approval by an employer or society of the role and rights of unions to represent their members.

Human Resource Management

The strategic approach to the effective and efficient management of people in an organization to help it gain a competitive advantage.

Above-Market Wages

Compensation levels that exceed the average pay rate within a specific industry, sector, or geographical area.

Job Security

The assurance or probability that an individual will keep their job without the risk of becoming unemployed.