An Organization Attempts to Succeed by Distinguishing Its Products from Those

question 66

Multiple Choice

An organization attempts to succeed by distinguishing its products from those of the competition.Which of the following strategies is the organization using?

• A) Differentiation strategy
• B) Low-cost strategy
• C) Related diversification strategy
• D) Unrelated diversification strategy
• E) Market development strategy

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Definitions:

HIPAA Compliance Officer

A designated individual responsible for ensuring that an organization adheres to the privacy and security regulations set forth by the Health Insurance Portability and Accountability Act.

Security Officer

A person employed to protect property, assets, or people, often by maintaining a high visibility presence to deter illegal and inappropriate actions.

Privacy Officer

The person designated by a health care organization, whether hospital system or private practice, who handles and oversees the maintenance of protected health information.

Gross Pay

The total amount of money earned by an employee before any deductions or taxes are taken out.