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A Management Concept That Seeks to Uncover and Eliminate Waste

question 206

Multiple Choice

A management concept that seeks to uncover and eliminate waste in business activities is called:

Identify the steps to correct documentation errors according to best practices and regulatory guidelines.
Understand the relevance of SBAR as a communication tool for ensuring effective and efficient hand-off reports.
Understand the key principles of posting payments to patient accounts.
Learn about the statute of limitations on collecting patient debts.

Definitions:

Frequency

In general terms, the rate at which something occurs over a particular period of time or in a given sample.

Actor-observer Bias

A cognitive bias that affects the way we attribute causes to our own behaviors versus those of others, often attributing our own actions to situational factors while attributing others' actions to their personality or character.

Self-serving Bias

Self-serving bias is a common cognitive bias that leads individuals to attribute their successes to internal factors while attributing failures to external factors, protecting self-esteem.

Recency Effect

The phenomenon of better remembering the most recent information presented in a series of data or events.

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